Stock Analysis

3 Asian Dividend Stocks Yielding Up To 5.7%

SHSE:605599
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As global markets grapple with uncertainties surrounding trade policies and economic growth, investors are increasingly looking towards Asia for opportunities, particularly in dividend stocks that offer stable returns amid volatility. In this environment, selecting dividend stocks with strong fundamentals and consistent payout histories can be a prudent strategy for those seeking to balance risk and income potential.

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Top 10 Dividend Stocks In Asia

NameDividend YieldDividend Rating
Wuliangye YibinLtd (SZSE:000858)3.66%★★★★★★
CAC Holdings (TSE:4725)5.02%★★★★★★
Daito Trust ConstructionLtd (TSE:1878)4.12%★★★★★★
Nihon Parkerizing (TSE:4095)3.92%★★★★★★
Intelligent Wave (TSE:4847)3.85%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.32%★★★★★★
GakkyushaLtd (TSE:9769)3.97%★★★★★★
DoshishaLtd (TSE:7483)3.83%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.22%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.28%★★★★★★

Click here to see the full list of 1131 stocks from our Top Asian Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Shede Spirits (SHSE:600702)

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

Overview: Shede Spirits Co., Ltd. designs, produces, and sells liquor products in China with a market cap of CN¥19.70 billion.

Operations: Shede Spirits Co., Ltd. generates its revenue from the design, production, and sale of liquor products in China.

Dividend Yield: 3.6%

Shede Spirits, while offering a dividend yield of 3.61%, faces challenges with its dividend sustainability due to the lack of free cash flow coverage and volatile payment history over the past decade. Despite trading at a significant discount to its estimated fair value and having dividends covered by earnings through a reasonable payout ratio, profit margins have decreased from last year. Recent share buybacks totaling CNY 0.39 million highlight efforts to enhance shareholder value amidst these concerns.

SHSE:600702 Dividend History as at Mar 2025
SHSE:600702 Dividend History as at Mar 2025

Beijing Caishikou Department StoreLtd (SHSE:605599)

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

Overview: Beijing Caishikou Department Store Co., Ltd. operates as a retail company, focusing on department store services, and has a market cap of CN¥9.45 billion.

Operations: Beijing Caishikou Department Store Ltd. generates revenue primarily from the sale of gold and jewellery, amounting to CN¥19.53 billion.

Dividend Yield: 5.8%

Beijing Caishikou Department Store Ltd. offers a dividend yield of 5.76%, placing it in the top 25% of CN market payers, with stable payments over three years. The dividends are well-covered by earnings (81.4% payout ratio) and cash flows (61.6%), suggesting sustainability despite its short dividend history. Trading at 72.9% below fair value estimates, analysts expect a price rise of 23.1%. Earnings are projected to grow annually by 11.36%.

SHSE:605599 Dividend History as at Mar 2025
SHSE:605599 Dividend History as at Mar 2025

Shandong Wit Dyne HealthLtd (SZSE:000915)

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

Overview: Shandong Wit Dyne Health Co., Ltd. operates in the pharmaceutical sector in China with a market capitalization of CN¥6.62 billion.

Operations: Shandong Wit Dyne Health Co., Ltd.'s revenue segments include its pharmaceutical operations in China.

Dividend Yield: 3.5%

Shandong Wit Dyne Health Ltd. offers a dividend yield of 3.54%, ranking in the top 25% of payers in China, though dividends are not well covered by earnings due to a high payout ratio (119.6%). Despite this, cash flows adequately cover dividends with a low cash payout ratio (32%). The stock trades at 43.2% below estimated fair value but has shown volatile and unreliable dividend payments over the past decade. Recent board changes may impact future strategies.

SZSE:000915 Dividend History as at Mar 2025
SZSE:000915 Dividend History as at Mar 2025

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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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