David Fish came up with a simple way of categorizing U.S. dividend stocks. It speaks for it self to apply this to Hong Kong stocks and see what the results will be.
To get familiar quickly here’s how is works:
- Dividend Champions: H.K. stocks that have grown dividends for the last 25+ consecutive years
- Dividend Contenders: H.K. stocks that have grown dividends for the last 10-24 consecutive years
- Dividend Challengers: H.K. stocks that have grown dividends for the last 5-9 consecutive years
There is 1 exception in the way both David Fish’ list and our is build. For the Hong Kong dividend stocks we listed all in the proper category that did not decrease their dividends. Where in the famous lists of David, all companies that did not increase their dividend for 1 year where out.
So if a H.K. Listed Company decides to give the same amount of dividend this year as last year, they are still in. A decrease will kick them out.
More Hong Kong Dividend & Blue Chip news, follow: