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Hong Kong dividend growth stocks, tracked since 2018

To grow your dividend income, know what could put it at risk.

HKDS tracks 100+ Hong Kong dividend growth stocks. These are companies that raise their dividend every year. Each one gets a score card on three questions. Is the dividend growing? Is it safe? Is the price fair? All in one Excel file, updated every week.

  • Spot the warning signs early
  • Save hours of research
  • Compare any five stocks in seconds
100+dividend growth stocks
40+numbers checked per stock
3scores per stock
Weeklyupdates
HKDS Dividend Growth Stocks.xlsxUpdated weekly
HKDS scorecards for Hong Kong dividend growth stocks, showing seven stocks with sector, yield and colour-coded Growth, Safety and Value scorecards
Scorecards & metricsDashboard

Membership preview. Company names hidden.

How it works

Three questions for every dividend growth stock

Each question gets a one-word answer, like Good or Caution. You see the answer in seconds. The numbers behind it are there when you want them.

Pillar 1 · Dividend Growth

Is the dividend growing?

We look atDividend growth rate · Years of growth · Chowder score

Possible scores, worst to best
  1. Hardly
  2. Slow
  3. Modest
  4. Good
  5. High
Pillar 2 · Dividend Safety

Can the company keep paying?

We look atEPS · Payout ratio · Dividend coverage · ROE

Possible scores, worst to best
  1. Caution
  2. Weak
  3. Fair
  4. Good
  5. Excellent
Pillar 3 · Stock Value

Is the price fair?

We look atP/E · P/B · Price to free cash flow · Graham Number

Possible scores, worst to best
  1. Expensive
  2. Pricey
  3. Fair
  4. Attractive
  5. Very Attractive

The problem

The highest yields are often the next dividend cuts

The yield is the dividend as a percentage of the share price. So when the price drops, the yield goes up. Prices often drop because the company is in trouble. That is why stocks at the top of a yield list are often the ones about to cut their dividend.

The yield alone won't tell you this. Our Safety score checks if the company earns enough to keep paying.

Pillar 2 · Dividend Safety
SectorYieldSafety
Telecom services7.07%Fair
Property investment6.72%Fair
Gas distribution4.67%Caution
Electricity supply4.52%Good
Electricity3.95%Fair
Property development3.61%Fair
Property conglomerate1.88%Caution

Almost the same yield. Very different risk. 4.67% scores Caution. 4.52% scores Good.

Seven stocks from the HKDS scorecards, sorted by yield. Names hidden.

HKDS Membership

Everything in one Excel file

More than 100 Hong Kong dividend growth stocks, scored the same way and updated every week. One tab to look up any stock. One tab to compare.

Scorecards & metrics

Every stock on one row. First its three scores, then the 40+ numbers behind them. Sort and filter to make your own shortlist.

Dashboard

Put any five stocks side by side and see which one is stronger.

Scorecards & metrics tab

Check every number behind the score

Scroll right from the scores and every number is there. Sort it, filter it or copy it.

  • Five-year average yield, Chowder score, years of dividend growth
  • EPS, payout ratio, ROE and dividend coverage
  • P/E, P/B and price to free cash flow
HKDS Dividend Growth Stocks.xlsxUpdated weekly
Scorecards and metrics tab showing five-year average yield, Chowder score, years of dividend growth, EPS, payout, ROE and dividend coverage
Scorecards & metricsDashboard

Dashboard tab

Compare five stocks side by side

Pick any five stocks. Their scores and key numbers sit next to each other, so you can see which one is stronger and where.

  • A target for every number, like a payout ratio under 50%
  • Green when a stock hits the target
  • Grouped by Growth, Safety and Value
HKDS Dividend Growth Stocks.xlsxUpdated weekly
Dashboard tab comparing five stocks on their scorecards and on benchmarks for each pillar
Scorecards & metricsDashboard

What HKDS Membership includes

  • 100+ Hong Kong dividend growth stocks in one Excel file
  • Growth, Safety and Value scorecards for every stock
  • 40+ numbers behind every score
  • A label that shows how many years in a row the dividend went up: Challenger (5+ years), Contender (10+) or Champion (25+)
  • Dashboard to compare any five stocks
  • A weekly members' email with one stock explained in depth
  • A fresh file every week
See membership pricing

No new software

Works with the tools you already use

A standard Excel file. Plain columns, clear headers. Nothing to install and nothing new to learn.

.xlsx · one file · updated weekly
Microsoft ExcelOpens as is, with colours and filters.
Google SheetsUpload it and work in your browser.
Apple NumbersOpens on Mac, iPad and iPhone.
Your own trackerCopy the columns into the sheet or app you already use.

Free on HKDS

Start with the free tools

Weekly list

Top 10 dividend growth stocks

The ten highest-yield dividend growth stocks in Hong Kong, each with its scorecard.

See the Top 10 →
Calendar

Ex-dividend dates

Upcoming ex-dividend dates for Hong Kong stocks. You need to own the shares before this date to get the next dividend.

See the ex-dates →
Articles

News & Research

Dividend news, Hong Kong blue chips and the Dogs of the Hang Seng: the highest yielders in Hong Kong's main index.

Read the latest →
Guide

Dividend Growth Blueprint

How to check a dividend growth stock with our three questions. One short guide plus a five-minute worksheet.

Get the Blueprint →

Who is behind HKDS

Built from scratch by a data analyst

Before 2018 there was no ready-made list of Hong Kong dividend growth stocks. So Petra van der Vegt, a data analyst in Hong Kong, built one herself.

Since then she has collected the data and monitored every stock on the list single-handedly. Every stock is checked with the same three questions and the same targets.

You make the investment decisions. HKDS gives you a better place to start.

How we work

  • No yield-chasingWe look for dividends that keep growing, not the biggest yield today.
  • No tips, no hypeNo hot tips and no predictions. Just the data.
  • One method for every stockSame questions and same targets, so you can compare scores fairly.
  • Updated every weekFresh prices, yields and scores each week.

Start with the free Top 10

The ten highest-yield Hong Kong dividend growth stocks, each with its scorecard. Free by email. When you want the full file, HKDS Membership is ready.