My Favourite Dividend Bank Counter in HK

JBSIEW
2022-10-03

In Singapore, the top 3 banks are DBS, UOB and OCBC. 

In Malaysia, one of the best bank is Public Bank Berhad (PBB). Public Financial Holding Limited(0626.HK) is a subsidiary owned by PBB.

In Malaysia, I was using their PBB's loan for my apartment. I can tell you, their staffs are very efficient. I remembered once that would like to change my loan from fixed to flexi loan and they able to prepare all the necessary in few days. 

Also, if you look at their share price, it has increased over the time.

Due to my faith in PBB's management, I also have the same faith in Public Financial Limited Berhad in Hong Kong as both companies have the same founder, Mr. Teh Hong Piow.

If you look at the dividend table shown below, you noticed that based on current price of HKD2.15 and HKD0.20 the dividend yield is more than 9%. And this bank never fail to pay its dividend based on the last 10 years data.

I understand that many don't have faith in HK due to long term depressed share price. But I believe that with the 9% dividend yield, it is almost impossible for us to lose money in long run.

One of the risk is that Mr. Teh is no longer young and also housing crisis in China. But I do believe in Public's management as they are famous for controlling NPL. 

Maybe I am from Malaysia, I have special feeling towards Public Financial Limited Berhad. 

In fact, PBB is my first share that I have bought after doing my own study at the age of 22. Since then, I have built my confidence in good management company and I love company with good dividend!

Again, I understand maybe many are not agree with me in dividend counters, but this is me and I always like dividend.

Dividend, yummy!

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Comments

  • Jason1616
    2022-10-03
    Jason1616
    Thanks for sharing
  • leilei369
    2022-10-03
    leilei369
    thanks for sharing
  • JBSIEW
    2022-10-03
    JBSIEW
    Anyone here is holding Public Finance Limited Berhad or Public Bank Limited?
  • BengSeng
    2022-10-29
    BengSeng
    bin
  • BengSeng
    2022-10-26
    BengSeng
    hxjxjc
  • BengSeng
    2022-10-24
    BengSeng
    yes
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