Editor's note: Recently, investors' risk preferences have dropped rapidly, and the market style has begun to refocus on profit certainty and valuation cost-effectiveness. Institutions recommend seizing the investment opportunities of dividend and dividend-cost-performance stocks.
Editor: Ici
Hong Kong stock interim report season is gradually coming to an end. Against the background of global economic growth slowing down and the market continues to fall, some industries are still making a fortune in the complex world pattern, and even double their profits, making money at a speed that is comparable to a money printing machine.
Among them, against the backdrop of a sharp rise in oil prices, the financial report data of energy companies is particularly impressive. The two major domestic oil giants, , China National Petroleum and , made an average daily profit of RMB 400 million in the first half of the year (the same below), setting the best level in the same period in history, with a total net profit of more than RMB 150 billion, close to the sum of last year's net profit.
Take China Petroleum as an example. Its revenue in the first half of 2022 was 1.61 trillion yuan, an increase of 34.9% year-on-year; net profit attributable to parent company shareholders was 82.391 billion yuan, an increase of 55.3% year-on-year, which is the best level in the same period since its listing. Based on the 181 days of the first half of the year, China Petroleum earned 455 million yuan a day.
In addition, after the company made a lot of money, it also distributed dividends to shareholders. PetroChina announced that it would pay an interim dividend of RMB 0.20258 per share (0.23338 HKD), an increase of 55% year-on-year. The total dividend payout of was 37.076 billion yuan, and the distribution ratio reached 45%. is currently calculated at 2,000 shares per lot, and the share price of China Petroleum is HK$3.76 and the first-hand cost is HK$7,520. If is based on 2,000 shares per lot and the final dividend of HK$0.23 per share, that is, the interest rate per lot can reach HK$460 .
In the Hong Kong stock market, high-dividend stock has always been a "favorite" for investors. While the market is paying attention to the profitability of enterprises, it also focuses on its dividends and dividends. Dividends can increase investors' returns, boost market confidence, and create concepts of value investment and long-term investment. Investing in high-dividend stocks means that you can get the cash income of dividends regularly, and high-dividend stocks usually represent the company's operating conditions, and cash flow is stable.
Fai helped everyone screen 20 Hong Kong stock companies with the highest profits, dividend yields and dividend rates in the first half of this year, for reference only.
For investors, there are two sources of money to make money by buying stocks, one is called Capital gains . In layman's terms, it means buying for 5 yuan and selling for 10 yuan. The difference between the 5 yuan is arbitrage. There is another type called dividend income. When the company you buy makes profits and is willing to give you 0.5 yuan in cash per share this year, this 0.5 yuan is the dividend. Therefore, high-dividend stocks can also make huge profits in Hong Kong stocks in the long run.
and dividend rate = dividend/stock price . The dividend yield reflects the company's management's confidence in the company and its generosity to shareholders. Most of the companies with stable dividends and dividends paid in have good operating conditions and more profits are distributed to shareholders . Such companies are more likely to be favored by shareholders and investment institutions. In the view of GF Securities , companies with stable dividend payout status in can benefit from economic recovery and rising inflation and interest rates. In the future, they will not only have defensive capabilities, but also have considerable probability and space for upward convergence.
According to Wind data statistics, among the companies that have released interim results this year, the dividend yields of Orient Overseas International, Haifeng International, China Offshore Oil, Yancoal Australia , China Hongqiao, China Telecom , China COSCO Overseas Control , China Mobile, China Unicom , Xinyi Glass, China Merchants Port, CITIC Shares, China Petroleum, Hengji Real Estate , China Ping An , Changhe , China Overseas Development , China Overseas Development and other dividend yields exceeded 5% in the past 12 months.
In addition, an indicator that can measure the strength of a company, can continuously pay dividends and increase dividends regularly is also important. This indicator is called dividend rate . dividend rate is the percentage of the company's total profit used to pay dividends, calculated by dividing dividends per share by earnings per share . If a company has an annual earnings of RMB 20 and pays a dividend of RMB 5 per share, its dividend rate is 25%. There is no good or bad dividend yield for a company, but generally speaking, a dividend yield between 30% and 60% is considered "sustainable."
Investors should note that only by buying stocks before the ex-network date can they receive dividends from the dividend. For example, the ex-net date of a stock is September 8. Investors must hold the stock at the close of September 7 before they can receive dividends. Buy on September 8 that does not belong to shareholders who enjoy the equity. (You can choose to sell it on September 8). Hong Kong stock settlement is subject to the "T+2" standard, that is, 2 trading days are added after the trading day, so when buying stocks, you have to wait two trading days before you can transfer the account. The exclusion date is two days before the transfer date.
Recently, investors' risk preferences have dropped rapidly, and the market style has begun to refocus on profit certainty and valuation cost-effectiveness. In order to cope with the ups and downs of the market, Shenwan Hongyuan Hong Kong recommends seizing the investment opportunities of dividend and dividend-collecting stocks.
