HKG:0337 Greenland HK This stock was the top dividend payer in the 2022 Directory, a testament to its strong performance. However, as expected, the reality proved to be more complex. Unfortunately, for the year ending on December 31, 2022, there was no dividend paid at all, resulting in a severe cut. Consequently, it is no longer possible to consider this stock as a dividend challenger.
HKG:0775 CKLIFE SCIENCES
HKG:0775 CKLIFE SCIENCES CK Life Scinces (0775.HK) almost a Dividend Contender. Let’s look at this one an other time, the numbers don’t paint a promissing picture for Dividend Gwoth Investing. Although the never dereased their dividends.
HKG:3331 Vinda In
HKG:3331 Vinda In made a dividend cut in January 2023. That stopped a streak of dividend increases that lasted 6 years. An unfortunate move as this can no longer be a Dividend Challenger on our list. For this unique and complete and up-to-date list, you can become a member by clicking the Join Us link below.
HKG:0388 HKEX
HKG:0388 HKEX This new Dividend Challenger came to a sudden stop. A 20% dividend cut did it. If you look a the payout ratio over the last 5 years you see that 90% was the sweetspot. Keeping that and having less EPS over 2022 makes the dividend payments less And so we get to say goodbye to this short term Dividend Challenger.
HKG:3396 Legend Holdings
HKG:3396 Legend Holdings The original dividend is announced in RMB So be aware of exchange rate risks. That said, dividend payouts only went up since the start.
HKG:0322 Tingyi
HKG:0322 Tingyi 2021 came with a decline in Dividends, but with such a high amount of Special Dividend, it might make it worthwile to watch the New Dividend Challenger.
HKG:0881 Zhongsheng Group Holdings Ltd.
HKG:0881 Zhongsheng Group Holdings Ltd. Zhongsheng Group Holdings Limited (“Zhongsheng Group”)is one of the leading national automobile dealership groups in China. The Group owns a comprehensive 4S dealership network nationalwide, Covering many regions and cities across the country.
Zhongsheng Group focuses on luxury and mid-to-high end automobile brands, namely luxury brands of Mercedes-Benz, Lexus , Audi,Porsche, Land Rover and mid-to-high end brands of Toyota, Nissan,Volkswagen,Honda. The Group was the first company being granted dealership rights by Toyota and one of the first authorized dealerships for Lexus and Audi in China.
HKG:1193 CHINA RES GAS
HKG:1193 CHINA RES GAS China Res Gas, they seem to understand what a dividend growth investor wants to see on a chart.
HKG:0856 VSTECS
HKG:0856 VSTECS The company is principally engaged in the provision of Information Technology (“IT”) products. In 2021 VSTecs 0856.HK became a Dividend Contender. Results of 1H 2022 are neutral, EPS tumbled 22%, Net Profit Also with 22%. D/E went up to almost 3.4 . That might not be a good thing. There is only 1 dividend payment each year, so as expected, no interim dividend was announced.
HKG:0098 Xing Fa Aluminium
HKG:0098 Xing Fa Aluminium It would have been so much nicer if there was a dividend announced over 9 cents in 2016…. The numbers here look bright. Payout Ratio is within limit and if you look at Price to Book ratio, you might want to put this one on your wish list. Let’s dig a bit deeper here: