Top dividend stocks from Hong Kong (09Jan2024)
Top 10 High Yield Dividend Stocks
The list is taken from the Hong Kong Dividend Stocks website published about 1 month ago (December 2023).
From the website:These are companies that have the consistency of NOT lowering their dividends for 5 years or more.These companies belong to a special group of companies that fit in the portfolio of Dividend Growth investors and Value Investors. Out of over 8000 listings on the HSI (Hang Seng Index) we have discovered all the companies that have this important and money-making quality. (Rewarding their shareholders with increasing amounts of dividends year on year)
Beyond just the dividend payout, do understand that different countries have withholding tax (coming to dividends) and it is important to qualify the businesses before investing. I recommend looking at their revenue, net profit, net assets, free cash flow, and share dilution for a start. We should ascertain if the companies have competitive advantages in their various sectors.
As always, let us do our due diligence.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
