Despite its shares' rapid rise, the shipping giant still trades at a modest 9x PE ratio. Here’s what’s driving this high dividend yield.
Imagine having picked a stock that’s doubled over the past year, while still paying out 9% dividend yield. That’s exactly what SITC International Holdings (1308.HK) has delivered.
This is a niche shipping company in Hong Kong that’s driving both growth and income to investors.
In fact, shares of SITC have surged over 70% in 2025, and has maintained a generous dividend payout policy in Hong Kong’s stock market.
Despite its shares’ rapid rise, the shipping giant still trades at a modest 9x PE ratio – a valuation that’s “cheap” compared to other shipping giants.
Here’s what’s driving this high dividend yield.
SITC International: A resilient, niche trade route that’s driving profits
SITC International was founded in 1991. It has grown from a small regional player into a major force in the Asian...