Top Asian Dividend Stocks To Watch In April 2025

As global markets grapple with the impact of unexpected U.S. tariffs, concerns about economic growth and inflation have intensified, leading to heightened volatility across major indices. In this uncertain environment, dividend stocks in Asia can offer a measure of stability and income potential for investors seeking to navigate these turbulent times.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1256 stocks from our Top Asian Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

First Tractor (SEHK:38)

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

Overview: First Tractor Company Limited focuses on the research, development, manufacture, and sale of agricultural and power machinery globally, with a market cap of HK$13.33 billion.

Operations: First Tractor Company Limited generates revenue primarily from its agricultural and power machinery segments.

Dividend Yield: 5.4%

First Tractor's recent dividend proposal of RMB 0.2995 per share, totaling RMB 336.53 million, represents a payout ratio of 36.50% of net profit for 2024 and is subject to shareholder approval. Despite a volatile dividend history, current payouts are well-covered by earnings and cash flows with ratios at 35.4% and 32.3%, respectively. The stock trades at a favorable price-to-earnings ratio of 7.1x compared to the Hong Kong market average, though its yield lags behind top-tier payers in the region.

• Take a closer look at First Tractor's potential here in our dividend report.
• Our expertly prepared valuation report First Tractor implies its share price may be lower than expected.

Fujian Funeng (SHSE:600483)

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

Overview: Fujian Funeng Co., Ltd. operates in the production and sale of electricity and heat in China, with a market cap of CN¥26.08 billion.

Operations: Fujian Funeng Co., Ltd. generates revenue through its operations in the production and sale of electricity and heat within China.

Dividend Yield: 3.3%

Fujian Funeng's dividend payments have been volatile over the past decade, yet they remain well-covered by earnings and cash flows with payout ratios of 28.7% and 37.2%, respectively. The company's dividend yield of 3.3% ranks in the top 25% in China's market, though its history of unstable payouts may concern some investors. Trading at a significant discount to estimated fair value, it offers good relative value compared to peers despite its high debt levels.

• Dive into the specifics of Fujian Funeng here with our thorough dividend report.
• The analysis detailed in our Fujian Funeng valuation report hints at an deflated share price compared to its estimated value.

DeHua TB New Decoration MaterialLtd (SZSE:002043)

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

Overview: DeHua TB New Decoration Material Co., Ltd specializes in the production and sale of environmentally friendly furniture panels both in China and internationally, with a market cap of CN¥8.75 billion.

Operations: DeHua TB New Decoration Material Co., Ltd generates revenue through the production and sale of eco-friendly furniture panels, catering to both domestic and international markets.

Dividend Yield: 5.3%

DeHua TB New Decoration Material Ltd. offers a dividend yield of 5.26%, placing it in the top 25% of Chinese dividend payers, yet its dividends have been volatile over the past decade. The company's high payout ratio of 93.3% indicates dividends are not well-covered by earnings, although cash flows cover them better with a lower cash payout ratio of 39.3%. Despite recent declines in net income to CNY 588.27 million, it trades significantly below estimated fair value, suggesting potential relative value for investors seeking discounted opportunities amidst fluctuating payouts.

• Delve into the full analysis dividend report here for a deeper understanding of DeHua TB New Decoration MaterialLtd.
• Our comprehensive valuation report raises the possibility that DeHua TB New Decoration MaterialLtd is priced lower than what may be justified by its financials.

Summing It All Up

• Investigate our full lineup of 1256 Top Asian Dividend Stocks right here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

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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