Asian Dividend Stocks To Consider For Your Portfolio

As Asian markets show signs of resilience amid global economic fluctuations, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In such an environment, selecting stocks with a strong track record of consistent payouts and financial stability can be a prudent strategy for those looking to enhance their portfolios.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1203 stocks from our Top Asian Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Able C&C (KOSE:A078520)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Able C&C Co., Ltd. and its subsidiaries manufacture, distribute, retail, and sell cosmetics and household goods across various regions including South Korea, China, Japan, the rest of Asia, Europe, and North and Central America with a market cap of ₩245.57 billion.

Operations: Able C&C Co., Ltd. generates revenue primarily from the manufacturing and sales of cosmetics, amounting to ₩257.44 billion.

Dividend Yield: 4.4%

Able C&C's dividend yield of 4.35% is among the top 25% in Korea, supported by a payout ratio of 71%, indicating coverage by earnings and cash flows. Despite recent earnings growth and trading below fair value, its dividend history is less reliable with volatility over nine years. Recent Q1 results show improved sales and net income, while a share buyback plan aims to enhance shareholder value and stabilize stock price.

• Take a closer look at Able C&C's potential here in our dividend report.
• Our valuation report here indicates Able C&C may be undervalued.

Dongfang Electric (SEHK:1072)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Dongfang Electric Corporation Limited designs, develops, manufactures, and sells power generation equipment both in China and internationally, with a market cap of HK$64.56 billion.

Operations: Dongfang Electric Corporation Limited generates revenue from its operations in designing, developing, manufacturing, and selling power generation equipment across domestic and international markets.

Dividend Yield: 3.2%

Dongfang Electric's dividend yield of 3.21% is below the top 25% in the Hong Kong market, with a payout ratio of 43.1%, suggesting dividends are covered by earnings and cash flows. However, its dividend history is unstable, marked by volatility over the past decade. Recent approval of a reduced final dividend and board changes may impact future payouts. Despite this, Q1 results show increased revenue and net income year-on-year, indicating potential growth stability.

• Click to explore a detailed breakdown of our findings in Dongfang Electric's dividend report.
• Our comprehensive valuation report raises the possibility that Dongfang Electric is priced higher than what may be justified by its financials.

Chugoku Marine Paints (TSE:4617)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Chugoku Marine Paints, Ltd. produces and sells functional coatings globally, with a market cap of ¥142.54 billion.

Operations: Chugoku Marine Paints, Ltd. generates revenue from several regions, with ¥31.55 billion from China, ¥49.85 billion from Japan, ¥21.99 billion from South Korea, ¥24.97 billion from Southeast Asia, and ¥30.05 billion from Europe and the United States of America.

Dividend Yield: 3.4%

Chugoku Marine Paints offers a stable dividend history with reliable payments over the past decade, supported by a low payout ratio of 35% and cash payout ratio of 37.7%, indicating dividends are well covered by earnings and cash flows. However, recent guidance suggests a decrease in annual dividends to ¥49 per share for fiscal year ending March 2026 from ¥57 previously, reflecting adjustments in shareholder return policy amidst moderate growth expectations.

• Click here to discover the nuances of Chugoku Marine Paints with our detailed analytical dividend report.
• Insights from our recent valuation report point to the potential overvaluation of Chugoku Marine Paints shares in the market.

Key Takeaways

• Take a closer look at our Top Asian Dividend Stocks list of 1203 companies by clicking here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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