- Energy & Utilities Roundup: Market Talk
Sep 9, 2025
Find insight on Infratil, oil futures and more in the latest Market Talks covering Energy and Utilities.
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- Asian Dividend Stocks: Highlighting Three Top Picks
May 25, 2025
As global markets experience volatility due to renewed tariff threats and economic uncertainties, investors are increasingly looking towards stable income sources. In the Asian market, dividend stocks can offer a reliable stream of returns amidst fluctuating indices, making them an attractive option for those seeking consistency in uncertain times.
Top 10 Dividend Stocks In Asia
Name Dividend Yield Dividend Rating Wuliangye YibinLtd (SZSE:000858) 4.95% ★★★★★★ Asian Terminals (PSE:ATI) 6.49% ★★★★★★ CAC Holdings (TSE:4725) 4.91% ★★★★★★ Yamato Kogyo (TSE:5444) 4.75% ★★★★★★ DoshishaLtd (TSE:7483) 4.37% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.36% ★★★★★★ GakkyushaLtd (TSE:9769) 4.02% ★★★★★★ Soliton Systems K.K (TSE:3040) 4.04% ★★★★★★ E J Holdings (TSE:2153) 5.03% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.25% ★★★★★★
Click here to see the full list of 1251 stocks from our Top Asian Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Kunlun Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kunlun Energy Company Limited is an investment holding company involved in the exploration, development, production, and sale of crude oil and natural gas across Kazakhstan, Oman, and Thailand with a market capitalization of HK$72.99 billion.
Operations: Kunlun Energy's revenue segments include CN¥25.69 billion from sales of LPG, CN¥0.17 billion from exploration and production, CN¥11.57 billion from LNG processing and terminal operations, and CN¥153.97 billion from natural gas sales excluding LPG.
Dividend Yield: 3.9%
Kunlun Energy's dividend profile shows mixed signals for investors. While the company trades at a substantial discount to its estimated fair value, offering potential capital appreciation, its dividend yield of 3.93% is below the top tier in Hong Kong. Despite a low payout ratio ensuring dividends are covered by earnings and cash flow, Kunlun has an unstable dividend history with volatility over the past decade. Recent leadership changes could impact future strategic directions and stability.
Click here and access our complete dividend analysis report to understand the dynamics of Kunlun Energy. Upon reviewing our latest valuation report, Kunlun Energy's share price might be too pessimistic.SEHK:135 Dividend History as at May 2025
All Ring Tech
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: All Ring Tech Co., Ltd. designs, manufactures, and assembles automation machines in Taiwan and China, with a market cap of NT$31.39 billion.
Operations: All Ring Tech Co., Ltd. generates its revenue through the design, manufacture, and assembly of automation machines in Taiwan and China.
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Dividend Yield: 3.1%
All Ring Tech's dividend yield of 3.11% is below the top 25% in Taiwan, but its low payout ratio of 13.1% ensures dividends are well-covered by earnings. Despite a significant earnings growth of TWD 1,310.5 million last year, future earnings are expected to decline by an average of 26.5% annually over three years, raising concerns about sustainability. The company's dividend history is volatile with inconsistent payments over the past decade, reflecting potential risks for investors seeking stable income streams.
Delve into the full analysis dividend report here for a deeper understanding of All Ring Tech. Our comprehensive valuation report raises the possibility that All Ring Tech is priced higher than what may be justified by its financials.TPEX:6187 Dividend History as at May 2025
Mitani
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mitani Corporation operates in the information system, construction, and energy sectors both in Japan and internationally, with a market cap of ¥169.81 billion.
Operations: Mitani Corporation's revenue is derived from its operations in the information system, construction, and energy sectors.
Dividend Yield: 3.3%
Mitani's dividend yield of 3.25% is below the top 25% in Japan, and its dividend history has been volatile over the past decade. However, dividends are well-covered by a low payout ratio of 12.8% and a cash payout ratio of 26.4%, indicating strong earnings and cash flow support. Despite an unstable track record, dividends have increased over ten years, complemented by consistent earnings growth of 13.1% annually over five years, enhancing sustainability prospects.
Get an in-depth perspective on Mitani's performance by reading our dividend report here. Insights from our recent valuation report point to the potential undervaluation of Mitani shares in the market.TSE:8066 Dividend History as at May 2025
Seize The Opportunity
Explore the 1251 names from our Top Asian Dividend Stocks screener here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Want To Explore Some Alternatives?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:135 TPEX:6187 and TSE:8066.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
- Top Dividend Stocks To Consider In February 2025
Feb 6, 2025
As global markets navigate a turbulent period marked by fluctuating corporate earnings and geopolitical tensions, investors are keenly observing the Federal Reserve's steady interest rate policy and the European Central Bank's recent rate cuts. Amidst these dynamics, dividend stocks offer a potential avenue for stability, providing regular income streams that can be particularly appealing in volatile market conditions.
Top 10 Dividend Stocks
Name Dividend Yield Dividend Rating Totech (TSE:9960) 3.80% ★★★★★★ Tsubakimoto Chain (TSE:6371) 4.31% ★★★★★★ Guaranty Trust Holding (NGSE:GTCO) 5.78% ★★★★★★ Padma Oil (DSE:PADMAOIL) 7.54% ★★★★★★ CAC Holdings (TSE:4725) 4.49% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.01% ★★★★★★ GakkyushaLtd (TSE:9769) 4.41% ★★★★★★ Nihon Parkerizing (TSE:4095) 3.99% ★★★★★★ FALCO HOLDINGS (TSE:4671) 6.68% ★★★★★★ Yamato Kogyo (TSE:5444) 3.93% ★★★★★★
Click here to see the full list of 1956 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Kunlun Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kunlun Energy Company Limited is an investment holding company involved in the exploration, development, production, and sale of crude oil and natural gas, with a market cap of approximately HK$64.59 billion.
Operations: Kunlun Energy's revenue is primarily derived from natural gas sales (excluding LPG) at CN¥149.69 billion, followed by sales of LPG at CN¥25.97 billion, and LNG processing and terminal operations contributing CN¥12.64 billion, with exploration and production adding CN¥391 million.
Dividend Yield: 4.6%
Kunlun Energy's dividend payments are covered by earnings and cash flows, with payout ratios of 67.3% and 37.8%, respectively, indicating sustainability. However, its dividend yield of 4.62% is lower than the top quartile in Hong Kong's market. While dividends have increased over the past decade, they remain unreliable due to volatility exceeding 20% annually at times. Recent auditor changes with KPMG were approved in December 2024, reflecting ongoing corporate governance adjustments.
Dive into the specifics of Kunlun Energy here with our thorough dividend report. Our valuation report here indicates Kunlun Energy may be undervalued.SEHK:135 Dividend History as at Feb 2025
New Hope Service Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: New Hope Service Holdings Limited offers property management, value-added services, commercial operations, and lifestyle services, with a market cap of HK$1.60 billion.
Operations: New Hope Service Holdings Limited generates revenue from several segments: Lifestyle Services (CN¥325.85 million), Property Management Services (CN¥734.92 million), Commercial Operational Services (CN¥146.34 million), and Value-Added Services to Non-Property Owners (CN¥162.85 million).
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Dividend Yield: 9.3%
New Hope Service Holdings' dividend payments are supported by earnings and cash flows, with payout ratios of 63.4% and 63.3%, respectively. Its yield of 9.26% places it among the top dividend payers in Hong Kong, yet reliability is a concern due to volatility over the past three years. Trading significantly below estimated fair value suggests potential for capital appreciation, though its short dividend history and unstable track record warrant caution for income-focused investors.
Click to explore a detailed breakdown of our findings in New Hope Service Holdings' dividend report. Insights from our recent valuation report point to the potential undervaluation of New Hope Service Holdings shares in the market.SEHK:3658 Dividend History as at Feb 2025
DMW
Simply Wall St Dividend Rating: ★★★★★☆
Overview: DMW Corporation manufactures and sells fluid machinery both in Japan and internationally, with a market cap of ¥15.74 billion.
Operations: The company's revenue segments include Fluid Machinery at ¥10.45 billion and Industrial Equipment at ¥3.62 billion.
Dividend Yield: 3.5%
DMW's dividend payments are well-supported by earnings and cash flows, with payout ratios of 38.3% and 54.4%. Over the past decade, dividends have been stable and growing, though the yield of 3.5% is lower than Japan's top dividend payers. Recent share buybacks totaling ¥365.31 million aim to enhance capital efficiency, potentially benefiting shareholders through improved value per share while maintaining a reliable dividend policy amidst changing business conditions.
Click here and access our complete dividend analysis report to understand the dynamics of DMW. Our comprehensive valuation report raises the possibility that DMW is priced lower than what may be justified by its financials.TSE:6365 Dividend History as at Feb 2025
Seize The Opportunity
Dive into all 1956 of the Top Dividend Stocks we have identified here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.
Curious About Other Options?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:135 SEHK:3658 and TSE:6365.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Is Kunlun Energy (KLYCY) a Great Value Stock Right Now?
Jan 3, 2025
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Kunlun Energy (KLYCY). KLYCY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 10.57 right now. For comparison, its industry sports an average P/E of 13.08. Over the past 52 weeks, KLYCY's Forward P/E has been as high as 10.74 and as low as 6.76, with a median of 8.87.
Another valuation metric that we should highlight is KLYCY's P/B ratio of 0.79. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.32. KLYCY's P/B has been as high as 0.84 and as low as 0.59, with a median of 0.70, over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Kunlun Energy is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, KLYCY feels like a great value stock at the moment.
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- 3 SEHK Dividend Stocks With Yields Up To 8.7
Aug 28, 2024
As global markets react to anticipated interest rate cuts and economic data, the Hong Kong market has experienced its own fluctuations, with the Hang Seng Index showing resilience amid broader uncertainties. In this context, dividend stocks in Hong Kong offer a compelling option for investors seeking stable returns. A good dividend stock typically combines a strong yield with consistent payouts and solid financial health, making it an attractive choice in today's market environment.
Top 10 Dividend Stocks In Hong Kong
Name Dividend Yield Dividend Rating Chow Tai Fook Jewellery Group (SEHK:1929) 8.54% ★★★★★☆ China Construction Bank (SEHK:939) 7.52% ★★★★★☆ Sinopharm Group (SEHK:1099) 5.42% ★★★★★☆ China Electronics Huada Technology (SEHK:85) 10.00% ★★★★★☆ S.A.S. Dragon Holdings (SEHK:1184) 8.75% ★★★★★☆ Chongqing Rural Commercial Bank (SEHK:3618) 7.97% ★★★★★☆ Zhongsheng Group Holdings (SEHK:881) 9.34% ★★★★★☆ PC Partner Group (SEHK:1263) 8.87% ★★★★★☆ China Resources Land (SEHK:1109) 7.55% ★★★★★☆ Bank of China (SEHK:3988) 7.17% ★★★★★☆
Click here to see the full list of 79 stocks from our Top SEHK Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
S.A.S. Dragon Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: S.A.S. Dragon Holdings Limited is an investment holding company that distributes electronic components and semiconductor products across various regions including Hong Kong, Mainland China, Taiwan, the USA, Vietnam, Singapore, Macao and internationally with a market cap of HK$2.50 billion.
Operations: S.A.S. Dragon Holdings Limited generates HK$26.73 billion in revenue from the distribution of electronic components and semiconductor products across multiple regions.
Dividend Yield: 8.7%
S.A.S. Dragon Holdings has shown volatility in its dividend payments over the past decade, reflecting an unstable track record. However, recent financials indicate solid earnings growth of 24.7% and a reasonable payout ratio of 54.1%, suggesting dividends are well-covered by earnings and cash flows (21.2%). Notably, the company announced an interim dividend of HK$0.15 per share for H1 2024, with strong sales growth to HK$13.64 billion and net income rising to HK$330.29 million from HK$271.35 million year-on-year.
Click here and access our complete dividend analysis report to understand the dynamics of S.A.S. Dragon Holdings. The valuation report we've compiled suggests that S.A.S. Dragon Holdings' current price could be quite moderate. SEHK:1184 Dividend History as at Aug 2024
Agricultural Bank of China
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Agricultural Bank of China Limited, along with its subsidiaries, offers a range of banking products and services and has a market cap of HK$1.84 trillion.
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Operations: Agricultural Bank of China Limited generates revenue through its various banking products and services.
Dividend Yield: 6.9%
Agricultural Bank of China offers a reliable dividend yield of 6.9%, supported by stable and consistent payouts over the past decade. The current payout ratio is 32.3%, indicating dividends are well covered by earnings, with future coverage expected to remain strong at 30.6%. Recent events include a CNY 2 billion fixed-income offering completed on July 31, 2024, enhancing the bank's capital structure despite a high level of bad loans at 2.8%.
Navigate through the intricacies of Agricultural Bank of China with our comprehensive dividend report here. Our valuation report here indicates Agricultural Bank of China may be undervalued. SEHK:1288 Dividend History as at Aug 2024
Kunlun Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kunlun Energy Company Limited, with a market cap of HK$67.19 billion, engages in the exploration, development, production, and sale of crude oil and natural gas.
Operations: Kunlun Energy Company Limited generates revenue primarily from the sales of natural gas (CN¥149.69 billion), LPG (CN¥25.97 billion), LNG processing and terminal operations (CN¥12.64 billion), and exploration and production activities (CN¥391 million).
Dividend Yield: 4.6%
Kunlun Energy’s dividend payments have been volatile over the past decade, though recent increases suggest potential stability. The company maintains a reasonable payout ratio of 55.3% and a low cash payout ratio of 30.8%, indicating dividends are well covered by earnings and cash flows. Recent earnings for H1 2024 showed modest growth with net income rising to CNY 3.31 billion from CNY 3.22 billion year-over-year, supporting its dividend sustainability efforts despite historical unreliability.
Get an in-depth perspective on Kunlun Energy's performance by reading our dividend report here. Our expertly prepared valuation report Kunlun Energy implies its share price may be lower than expected. SEHK:135 Dividend History as at Aug 2024
Next Steps
Click here to access our complete index of 79 Top SEHK Dividend Stocks. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.
Contemplating Other Strategies?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1184 SEHK:1288 and SEHK:135.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Is Hess Midstream Partners (HESM) Stock Outpacing Its Oils-Energy Peers This Year?
Jul 9, 2024
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Hess Midstream Partners LP (HESM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Hess Midstream Partners LP is one of 249 companies in the Oils-Energy group. The Oils-Energy group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Hess Midstream Partners LP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for HESM's full-year earnings has moved 3.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that HESM has returned about 17.4% since the start of the calendar year. At the same time, Oils-Energy stocks have gained an average of 5.2%. As we can see, Hess Midstream Partners LP is performing better than its sector in the calendar year.
Kunlun Energy (KLYCY) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 31.9%.
Over the past three months, Kunlun Energy's consensus EPS estimate for the current year has increased 1.9%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Hess Midstream Partners LP belongs to the Energy and Pipeline - Master Limited Partnerships industry, which includes 3 individual stocks and currently sits at #3 in the Zacks Industry Rank. On average, stocks in this group have gained 11% this year, meaning that HESM is performing better in terms of year-to-date returns.
In contrast, Kunlun Energy falls under the Oil and Gas - Exploration and Production - International industry. Currently, this industry has 10 stocks and is ranked #84. Since the beginning of the year, the industry has moved -10.4%.
Investors with an interest in Oils-Energy stocks should continue to track Hess Midstream Partners LP and Kunlun Energy. These stocks will be looking to continue their solid performance.
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- Three Solid Dividend Stocks Offering Up To 4% Yield
Jul 4, 2024
As global markets navigate through a period of relative calm with anticipation for upcoming earnings reports and key economic updates, investors continue to seek reliable income streams amidst the shifting economic landscape. In this context, dividend stocks emerge as appealing options for those looking to balance yield and stability in their investment portfolios.
Top 10 Dividend Stocks
Name Dividend Yield Dividend Rating Allianz (XTRA:ALV) 5.31% ★★★★★★ Yamato Kogyo (TSE:5444) 3.68% ★★★★★★ Business Brain Showa-Ota (TSE:9658) 3.59% ★★★★★★ Ping An Bank (SZSE:000001) 7.01% ★★★★★★ FALCO HOLDINGS (TSE:4671) 6.52% ★★★★★★ Kwong Lung Enterprise (TPEX:8916) 5.62% ★★★★★★ KurimotoLtd (TSE:5602) 5.15% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 4.49% ★★★★★★ James Latham (AIM:LTHM) 6.30% ★★★★★★ GakkyushaLtd (TSE:9769) 4.05% ★★★★★★
Click here to see the full list of 1969 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Combined Group Contracting Company - K.S.C. (Public)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Combined Group Contracting Company - K.S.C. (KWSE:CGC) is a Kuwait-based entity specializing in construction and contracting services, with a market capitalization of KWD 127.39 million.
Operations: The revenue segments for Combined Group Contracting Company - K.S.C. are not specified in the provided text.
Dividend Yield: 4%
Combined Group Contracting Company's dividend sustainability is supported by a payout ratio of 51.1% and a cash payout ratio of 55.8%, indicating dividends are well-covered by both earnings and cash flows. However, the company's dividend track record shows volatility over the past decade, with significant annual fluctuations. Additionally, its current dividend yield of 4% is below the top quartile in its market, which averages 6.66%. Recent financial performance shows an increase in net income to KWD 3.22 million from KWD 2.3 million year-over-year for Q1 2024, suggesting some positive momentum in earnings despite a decline in sales from KWD 44.73 million to KWD 41.63 million.
Click here to discover the nuances of Combined Group Contracting Company - K.S.C. (Public) with our detailed analytical dividend report. The valuation report we've compiled suggests that Combined Group Contracting Company - K.S.C. (Public)'s current price could be quite moderate. KWSE:CGC Dividend History as at Jul 2024
Kunlun Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kunlun Energy Company Limited operates primarily in the exploration, development, production, and sale of crude oil and natural gas, with a market capitalization of approximately HK$76.02 billion.
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Operations: Kunlun Energy Company Limited generates revenue through various segments including natural gas sales excluding LPG (CN¥142.89 billion), sales of LPG (CN¥26.90 billion), LNG processing and terminal operations (CN¥12.17 billion), and exploration and production activities (CN¥0.91 billion).
Dividend Yield: 3.4%
Kunlun Energy's dividend sustainability is moderately secure with a payout ratio of 43.2% and a cash payout ratio of 26.6%, indicating that dividends are well-supported by both earnings and cash flows. However, the company's dividend history has been inconsistent, with volatile payments over the past decade despite recent increases. The current yield of 3.47% is considerably lower than the top quartile of Hong Kong market dividend payers at 8.02%. Recent executive changes and auditor withdrawal may introduce uncertainties affecting future performance and governance stability.
Unlock comprehensive insights into our analysis of Kunlun Energy stock in this dividend report. Our valuation report here indicates Kunlun Energy may be undervalued. SEHK:135 Dividend History as at Jul 2024
Jiin Yeeh Ding Enterprises
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jiin Yeeh Ding Enterprises Corp., based in Taiwan, operates in the recycling and refining of precious metals with a market capitalization of NT$6.81 billion.
Operations: Jiin Yeeh Ding Enterprises generates NT$3.71 billion in revenue from its waste management segment, focusing on the recycling and refining of precious metals.
Dividend Yield: 3.1%
Jiin Yeeh Ding Enterprises exhibits a mixed performance in its dividend metrics. While the company has shown a commitment to maintaining stable dividends over the past decade, its current yield of 3.1% trails behind the top quartile of Taiwanese market dividend payers. Notably, both earnings and cash flows do not adequately cover its high cash payout ratio of 367.7%, signaling potential sustainability issues despite a reasonable earnings payout ratio of 38%. Recent financial results indicate a slight decline in net income and earnings per share compared to the previous year, with sales showing modest growth from TWD 896.06 million to TWD 946.06 million as reported on May 15, 2024.
Take a closer look at Jiin Yeeh Ding Enterprises' potential here in our dividend report. Our valuation report here indicates Jiin Yeeh Ding Enterprises may be overvalued. TPEX:8390 Dividend History as at Jul 2024
Next Steps
Navigate through the entire inventory of 1969 Top Dividend Stocks here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Curious About Other Options?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include KWSE:CGC SEHK:135 and TPEX:8390.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Exploring June 2024's Top Three Dividend Stocks In Hong Kong
Jun 13, 2024
As global markets navigate a landscape of mixed economic signals and fluctuating interest rates, Hong Kong's stock market has shown resilience, with the Hang Seng Index rising by 1.59%. This backdrop sets an intriguing stage for investors focusing on dividend stocks, which can offer potential stability and income amid such uncertainty. In this context, understanding what constitutes a strong dividend stock becomes crucial—factors like consistent dividend history, robust financial health, and alignment with current economic trends are key considerations.
Top 10 Dividend Stocks In Hong Kong
Name Dividend Yield Dividend Rating China Construction Bank (SEHK:939) 7.82% ★★★★★★ Chongqing Rural Commercial Bank (SEHK:3618) 8.95% ★★★★★★ CITIC Telecom International Holdings (SEHK:1883) 9.84% ★★★★★★ Best Pacific International Holdings (SEHK:2111) 7.87% ★★★★★☆ S.A.S. Dragon Holdings (SEHK:1184) 9.23% ★★★★★☆ Playmates Toys (SEHK:869) 8.82% ★★★★★☆ Bank of China (SEHK:3988) 6.83% ★★★★★☆ China Mobile (SEHK:941) 6.44% ★★★★★☆ Sinopharm Group (SEHK:1099) 4.06% ★★★★★☆ International Housewares Retail (SEHK:1373) 8.75% ★★★★★☆
Click here to see the full list of 89 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Lion Rock Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Lion Rock Group Limited, an investment holding company, offers printing services to various publishers and print media companies, with a market capitalization of approximately HK$1.14 billion.
Operations: Lion Rock Group Limited generates revenue primarily through its printing and publishing segments, with HK$1.77 billion from printing services and HK$948 million from publishing activities.
Dividend Yield: 7.4%
Lion Rock Group's dividends are supported by a payout ratio of 44.1% and a cash payout ratio of 31.2%, indicating sustainability from both earnings and cash flow perspectives. However, the dividend yield at 7.43% is slightly below the top quartile in Hong Kong’s market, and the company has experienced volatility in its dividend payments over the past decade. Recently, Lion Rock declared an annual final dividend of HK$0.08 per share for 2023, aligning with its financial results where net income was HK$185.25 million on sales of HK$2.56 billion.
Dive into the specifics of Lion Rock Group here with our thorough dividend report. The valuation report we've compiled suggests that Lion Rock Group's current price could be quite moderate. SEHK:1127 Dividend History as at Jun 2024
Kunlun Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kunlun Energy Company Limited operates as an investment holding company, primarily involved in the exploration, development, production, and sale of crude oil and natural gas, with a market capitalization of approximately HK$69.01 billion.
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Operations: Kunlun Energy Company Limited generates revenue through the sales of LPG (CN¥26.90 billion), exploration and production (CN¥0.91 billion), LNG processing and terminal operations (CN¥12.17 billion), and natural gas sales excluding LPG (CN¥142.89 billion).
Dividend Yield: 3.8%
Kunlun Energy recently approved a final dividend of RMB 28.38 per share, reflecting its solid financial health with FY2023 sales reaching CNY 177.35 billion and net income of CNY 5.68 billion. While the dividend is covered by earnings (payout ratio: 43.2%) and cash flows (cash payout ratio: 26.6%), its historical dividend performance has been inconsistent, indicating potential volatility in future payouts. The recent resignation of an executive director and auditor changes add elements of uncertainty to its governance stability.
Take a closer look at Kunlun Energy's potential here in our dividend report. According our valuation report, there's an indication that Kunlun Energy's share price might be on the cheaper side. SEHK:135 Dividend History as at Jun 2024
Johnson Electric Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Johnson Electric Holdings Limited operates globally in the manufacturing and sale of motion systems, with a market capitalization of approximately HK$11.14 billion.
Operations: Johnson Electric Holdings Limited generates revenue primarily from its Auto Parts & Accessories segment, totaling approximately HK$3.81 billion.
Dividend Yield: 5.1%
Johnson Electric Holdings recently proposed a final dividend of HK$0.44 per share for FY2024, with a payout ratio of 31.5% and cash payout ratio of 18.3%, indicating strong coverage by earnings and cash flows. Despite this, its dividend yield at 5.06% remains below the top-tier in Hong Kong's market at 7.77%. The company's dividends have shown growth over the past decade but have been marked by volatility, reflecting some inconsistency in its dividend policy. Additionally, Johnson Electric reported a significant increase in net income to US$229.23 million from US$157.81 million year-over-year and expects low single-digit sales growth for the next fiscal year.
Click here to discover the nuances of Johnson Electric Holdings with our detailed analytical dividend report. Our valuation report unveils the possibility Johnson Electric Holdings' shares may be trading at a premium. SEHK:179 Dividend History as at Jun 2024
Key Takeaways
Click this link to deep-dive into the 89 companies within our Top Dividend Stocks screener. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.
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Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1127SEHK:135 and SEHK:179.
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- Hong Kong Shares Rise After Easing U.S. Inflation Fuels Wall Street Rally
Nov 15, 2023
Hong Kong equities were higher in early trade, tracking gains on Wall Street after a softer U.S. inflation print boosted investor hopes that Fed interest rates have peaked.
- Beijing Gas Singapore Capital Corporation -- Moody's assigns A3 to Beijing Gas' guaranteed notes
Jan 10, 2022
Rating Action: Moody's assigns A3 to Beijing Gas' guaranteed notesGlobal Credit Research - 10 Jan 2022Hong Kong, January 10, 2022 -- Moody's Investors Service has assigned a A3 rating to the senior unsecured guaranteed notes to be issued by Beijing Gas Singapore Capital Corporation. The notes will be unconditionally and irrecoverably guaranteed by Beijing Gas Group Company Limited (A3 stable).The outlook is stable.The proceeds from the senior unsecured notes will be used to finance existing and new green projects.RATINGS RATIONALE"The A3 senior unsecured rating on the guaranteed notes reflects the irrevocable and unconditional guarantee from Beijing Gas," says Boris Kan, a Moody's Vice President and Senior Credit Officer.Obligations under the guaranteed notes will rank pari passu with all other senior unsecured obligations of Beijing Gas.The senior unsecured guaranteed notes will not have a material impact on Beijing Gas' overall credit profile because Moody's projects that the net increase in the company's debt level will be minimal after the issuance.Beijing Gas' A3 issuer rating is supported by the company's position as the dominant natural gas supplier to China's capital city, with a long-standing operating and cost pass-through track record, as well as a strong financial profile.At the same time, the rating is constrained by Beijing Gas' capital spending, which is likely to be high over the next two to three years because of the company's expansion plan and uncertainties over the future investment strategies and dividend policies of PetroChina Beijing Pipeline Co., Ltd (Beijing Pipeline), after Kunlun Energy Company Limited (A2 stable) transferred its 60% equity interest in Beijing Pipeline to China Oil & Gas Pipeline Network Corporation (PipeChina) in March 2021.Beijing Gas' A3 issuer rating is one notch above the issuer rating of its parent, Beijing Enterprises Holdings Limited (BEHL, Baa1 stable). Notwithstanding BEHL's lower rating, Moody's expect Beijing Gas will maintain its prudent financial leverage over the next two to three years, consistent with the company's strong management track record, financial policy and growth plans.Beijing Gas' rating also considers the government's supportive clean energy policies, which mitigate the company's exposure to China's evolving regulatory framework, as well as its established track record of cost pass- through to commercial and industrial customers.The rating also considers the following environmental, social and governance (ESG) factors.Beijing Gas' ESG Credit Impact Score is neutral-to-low (CIS-2), indicating that its ESG attributes are not material to its credit rating. The score reflects the company's moderate negatively environmental risks, and its neutral to low social and governance risks.Beijing Gas' moderately negative environmental risk (E-3 Issuer Profile Score) is driven by the company's moderately negative exposure to carbon transition risks from city gas distribution activities. Its exposure to physical climate, water management, waste and pollution and natural capital risks is neutral to low.The company's exposure to social risks is neutral-to-low (S-2 Issuer Profile Score), reflecting its neutral to low risk exposure to customer relations, human capital, health and safety, responsible production, as well as demographic and social trends, which could increase general public concern over the affordability of the company's gas distribution services.Beijing Gas' governance risks is neutral-to-low (G-2 Issuer Profile Score). This highlights the company's prudent financial strategy and risk management, underpinned by its strong credit metrics and low exposure to one-off connection fees. Risks in the areas of management creditability and track record as well as compliance and reporting are considered neutral to low. However, as a state-owned entity, Beijing Gas has concentrated ownership, which results in its moderately negative board structure and policies.The stable outlook primarily reflects Moody's expectation that the company's financial metrics will remain within the current rating parameters over the next 12-18 months, based on the projected cash flows generated from existing assets, capital spending and investments.The stable outlook also considers the company's strong access to bank credit lines and the debt capital markets as a result of its very strong market position and the essential nature of its business.FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGAn upgrade is possible over time if the regulatory regime develops further, providing better visibility on Beijing Gas' rate-setting mechanism and revenue generation over the medium to long term.A rating upgrade is also possible if Beijing Gas follows a measured acquisition strategy that does not lead to a significant deterioration in its financial metrics, including retained cash flow (RCF)/debt staying above 40% on a sustained basis. Any future rating upgrade would also be underpinned by Moody's expectation that BEHL will continue to manage Beijing Gas in a manner that preserves the latter's strong financial profile. An upgrade of Beijing Gas' rating would be unlikely if BEHL's rating is downgraded in the future.On the other hand, downward pressure on Beijing Gas' rating could emerge if unfavorable regulatory changes significantly strain the company's market position or ability to pass through costs; or if its financial metrics significantly deteriorate, for example through unexpected debt-funded expansions or a prolonged decline in dividend income from Beijing Pipeline, in which Beijing Gas has a 40% equity stake.Financial metrics indicative of a downgrade include RCF/debt below 27% over a prolonged period.In addition, a deterioration of the credit profile of Beijing Gas' parent BEHL could pressure the rating.The principal methodology used in this rating was Regulated Electric and Gas Utilities published in June 2017 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1072530. Alternatively, please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.Beijing Gas Group Company Limited (Beijing Gas) was established in 1958. The company is the dominant gas distributor in the Beijing municipality, with a market share of around 95% by gas volume. In 2020, Beijing Gas' gas sales volume in Beijing reached 16.57 billion cubic meters (bcm), with a total of 6.53 million piped gas subscribers.Beijing Gas is involved in midstream gas distribution through its 40% interest in Beijing Pipeline, which is also 60% owned and operated by China Oil & Gas Pipeline Network Corporation. Beijing Gas also owns a 20% stake in Serbian natural gas field Verkhnechonskneftegaz (V-gaz), which is a 79.94%-owned subsidiary of PJSC Oil Company Rosneft (Baa3 stable), and holds a license to develop the Verkhnechonsk oil, gas and condensate field.Beijing Gas is 100% owned by Beijing Enterprises Holdings Limited. The parent company is 62.28% controlled by Beijing Enterprises Group Company Limited, which in turn is 100% owned by the Beijing municipal government and supervised by the Beijing State-owned Assets Supervision and Administration Commission.REGULATORY DISCLOSURESFor further specification of Moody's key rating assumptions and sensitivity analysis, see the sections Methodology Assumptions and Sensitivity to Assumptions in the disclosure form. Moody's Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004.For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.The rating has been disclosed to the rated entity or its designated agent (s) and issued with no amendment resulting from that disclosure.This rating is solicited. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website www.moodys.com.Moody's considers a rated entity or its agent(s) to be participating when it maintains an overall relationship with Moody's. Unless noted in the Regulatory Disclosures as a Non-Participating Entity, the rated entity is participating and the rated entity or its agent(s) generally provides Moody's with information for the purposes of its ratings process. Please refer to www.moodys.com for the Regulatory Disclosures for each credit rating action under the ratings tab on the issuer/entity page and for details of Moody's Policy for Designating Non-Participating Rated Entities.Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.Moody's general principles for assessing environmental, social and governance (ESG) risks in our credit analysis can be found at http://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1288235.The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the EU and is endorsed by Moody's Deutschland GmbH, An der Welle 5, Frankfurt am Main 60322, Germany, in accordance with Art.4 paragraph 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the UK and is endorsed by Moody's Investors Service Limited, One Canada Square, Canary Wharf, London E14 5FA under the law applicable to credit rating agencies in the UK. Further information on the UK endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating.The first name below is the lead rating analyst for this Credit Rating and the last name below is the person primarily responsible for approving this Credit Rating. Boris Kan VP - Senior Credit Officer Project & Infrastructure Finance Moody's Investors Service Hong Kong Ltd. 24/F One Pacific Place 88 Queensway Hong Kong China (Hong Kong S.A.R.) JOURNALISTS: 852 3758 1350 Client Service: 852 3551 3077 Yian Ning Loh Associate Managing Director Project & Infrastructure Finance JOURNALISTS: 852 3758 1350 Client Service: 852 3551 3077 Releasing Office: Moody's Investors Service Hong Kong Ltd. 24/F One Pacific Place 88 Queensway Hong Kong China (Hong Kong S.A.R.) JOURNALISTS: 852 3758 1350 Client Service: 852 3551 3077 © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). 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