As global markets react to easing trade tensions and mixed economic signals, Asia's financial landscape presents a unique backdrop for investors seeking stable income through dividend stocks. In this environment, identifying robust companies with consistent dividend payouts can be a strategic approach to weathering economic uncertainties while potentially benefiting from regional growth dynamics.
Top 10 Dividend Stocks In Asia
Name | Dividend Yield | Dividend Rating |
Wuliangye YibinLtd (SZSE:000858) | 4.81% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.26% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.48% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.16% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.04% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.48% | ★★★★★★ |
Yamato Kogyo (TSE:5444) | 4.80% | ★★★★★★ |
E J Holdings (TSE:2153) | 4.99% | ★★★★★★ |
Soliton Systems K.K (TSE:3040) | 4.07% | ★★★★★★ |
Japan Excellent (TSE:8987) | 4.49% | ★★★★★★ |
Click here to see the full list of 1219 stocks from our Top Asian Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Paradise Entertainment (SEHK:1180)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Paradise Entertainment Limited is an investment holding company that primarily provides casino management services in Macau, the People's Republic of China, and the United States, with a market cap of HK$1.89 billion.
Operations: Paradise Entertainment Limited generates revenue through three main segments: Gaming Systems (HK$365.28 million), Casino Management Services (HK$718.31 million), and Innovative and Renewable Energy Solutions Business (HK$1.26 million).
Dividend Yield: 8.9%
Paradise Entertainment has proposed a final dividend of HK$0.11 per share for 2024, with a payout ratio of 46.6%, indicating dividends are well-covered by earnings and cash flows. Despite an impressive increase in net income to HK$361.06 million, the company's dividend history is marked by volatility and unreliability over the past decade. The stock trades at a good value relative to peers but has experienced high share price volatility recently, which may concern risk-averse investors seeking stable dividends.
- Unlock comprehensive insights into our analysis of Paradise Entertainment stock in this dividend report.
- Our valuation report here indicates Paradise Entertainment may be undervalued.
Miramar Hotel and Investment Company (SEHK:71)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Miramar Hotel and Investment Company, Limited operates in travel, property rental, hotels and serviced apartments, and food and beverage sectors in the People's Republic of China and Hong Kong with a market cap of HK$6.96 billion.
Operations: Miramar Hotel and Investment Company, Limited generates revenue from its diverse operations, including HK$791.27 million from property rental, HK$1.18 billion from travel operations, HK$290.36 million from food and beverage operations, and HK$597.39 million from hotels and serviced apartments.
Dividend Yield: 5.3%
Miramar Hotel and Investment Company proposed a final dividend of HK$0.3 per share for 2024, with a payout ratio of 49.1%, suggesting dividends are well-covered by earnings and cash flows. Despite a decline in net income to HK$746.56 million, the company maintains stable dividends, growing over the past decade with little volatility. However, its dividend yield of 5.26% is lower than Hong Kong's top-tier payers but remains attractive due to its reliability and coverage by free cash flow (60.8%).
- Get an in-depth perspective on Miramar Hotel and Investment Company's performance by reading our dividend report here.
- Our valuation report unveils the possibility Miramar Hotel and Investment Company's shares may be trading at a premium.
SolaX Power Network Technology (Zhejiang) (SHSE:688717)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SolaX Power Network Technology (Zhejiang) Co., Ltd. (ticker: SHSE:688717) is a company focused on developing and manufacturing solar power products, with a market cap of CN¥8.12 billion.
Operations: SolaX Power Network Technology (Zhejiang) Co., Ltd. generates revenue primarily from its Electronic Components & Parts segment, amounting to CN¥3.19 billion.
Dividend Yield: 3.7%
SolaX Power Network Technology recently began paying dividends, with a yield of 3.69%, placing it among the top 25% in China. Despite recent volatility and lower profit margins (6.8%), dividends are covered by earnings (68.2% payout ratio) and cash flows (81.8%). The stock trades below estimated fair value, suggesting potential for appreciation, supported by a forecasted 62.14% earnings growth annually and improved Q1 sales of CNY 798.67 million compared to last year’s CNY 684.28 million.
- Delve into the full analysis dividend report here for a deeper understanding of SolaX Power Network Technology (Zhejiang).
- Our comprehensive valuation report raises the possibility that SolaX Power Network Technology (Zhejiang) is priced lower than what may be justified by its financials.
Key Takeaways
- Click this link to deep-dive into the 1219 companies within our Top Asian Dividend Stocks screener.
- 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.
- Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
Ready For A Different Approach?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if SolaX Power Network Technology (Zhejiang) might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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