Top Asian Dividend Stocks For Your Portfolio

As global markets navigate the complexities of trade tensions and economic data fluctuations, Asia's stock markets have shown resilience, with Chinese indices gaining amidst hopes for more stimulus. In this dynamic environment, dividend stocks in Asia offer a compelling opportunity for investors seeking steady income and potential growth, as they can provide stability and returns even amidst market volatility.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1189 stocks from our Top Asian Dividend Stocks screener.

We'll examine a selection from our screener results.

Shandong Weigao Group Medical Polymer (SEHK:1066)

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

Overview: Shandong Weigao Group Medical Polymer Company Limited is involved in the research, development, production, wholesale, and sale of medical devices both in China and internationally, with a market cap of HK$29.61 billion.

Operations: Shandong Weigao Group Medical Polymer Company Limited's revenue is derived from several segments: Orthopaedic Products (CN¥1.44 billion), Interventional Products (CN¥1.98 billion), Medical Device Products (CN¥6.60 billion), Blood Management Products (CN¥0.88 billion), and Pharma Packaging Products (CN¥2.28 billion).

Dividend Yield: 3.6%

Shandong Weigao Group Medical Polymer's dividend payments are well covered by earnings and cash flows, with payout ratios of 47.3% and 45.9% respectively. Despite a history of volatility, dividends have increased over the past decade, though they remain below top-tier yields in Hong Kong. Recent developments include a share buyback program aimed at boosting net asset value and earnings per share, alongside an approved final dividend increase for the financial year ended December 2024.

• Get an in-depth perspective on Shandong Weigao Group Medical Polymer's performance by reading our dividend report here.
• Upon reviewing our latest valuation report, Shandong Weigao Group Medical Polymer's share price might be too pessimistic.

Toyo Denki Seizo K.K (TSE:6505)

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

Overview: Toyo Denki Seizo K.K., along with its subsidiaries, engages in the manufacturing and sale of transportation, industrial, and information equipment systems both in Japan and internationally, with a market cap of ¥17.03 billion.

Operations: Toyo Denki Seizo K.K.'s revenue is derived from its operations in transportation, industrial, and information equipment systems across both domestic and international markets.

Dividend Yield: 4%

Toyo Denki Seizo K.K. offers a stable dividend history with consistent growth over the past decade, although its dividends are not well covered by free cash flows due to a high cash payout ratio. The company recently increased its annual dividend forecast to ¥44 per share from ¥40, reflecting improved financial guidance and performance. Despite volatility in share price, Toyo Denki trades at a favorable price-to-earnings ratio of 8x compared to the JP market average of 13.5x.

• Take a closer look at Toyo Denki Seizo K.K's potential here in our dividend report.
• Our valuation report here indicates Toyo Denki Seizo K.K may be undervalued.

Sunonwealth Electric Machine Industry (TWSE:2421)

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

Overview: Sunonwealth Electric Machine Industry Co., Ltd. and its subsidiaries manufacture and sell precision motors and thermal solutions globally, with a market cap of NT$31.21 billion.

Operations: Sunonwealth Electric Machine Industry Co., Ltd.'s revenue segments include NT$25.70 billion from Greater China and NT$625.41 million from Europe and North America.

Dividend Yield: 3.2%

Sunonwealth Electric Machine Industry's dividend payments have been volatile over the past decade, despite recent increases. The company announced a cash dividend of TWD 3.71 per share, totaling TWD 1.01 billion, with an ex-dividend date of June 16, 2025. While dividends are covered by earnings and cash flows with payout ratios of 61.8% and 74.8%, respectively, the yield remains low compared to top payers in Taiwan's market at just 3.23%.

• Navigate through the intricacies of Sunonwealth Electric Machine Industry with our comprehensive dividend report here.
• The analysis detailed in our Sunonwealth Electric Machine Industry valuation report hints at an inflated share price compared to its estimated value.

Key Takeaways

• Unlock our comprehensive list of 1189 Top Asian Dividend Stocks by clicking here.
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Seeking Other Investments?

• 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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