Amidst global economic uncertainty and inflation concerns, Asian markets have seen mixed performances as they navigate the complexities of trade policies and consumer sentiment. In such a volatile environment, dividend stocks can offer a measure of stability by providing regular income streams, making them an attractive option for investors seeking to balance risk with potential returns.
Top 10 Dividend Stocks In Asia
Name | Dividend Yield | Dividend Rating |
Totech (TSE:9960) | 3.91% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.91% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.75% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.31% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.16% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.11% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.16% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 3.85% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.13% | ★★★★★★ |
E J Holdings (TSE:2153) | 4.83% | ★★★★★★ |
Click here to see the full list of 1139 stocks from our Top Asian Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Dream International (SEHK:1126)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Dream International Limited is an investment holding company engaged in designing, developing, manufacturing, selling, and trading plush stuffed toys, plastic figures, dolls, die-casting products, and tarpaulin items across various regions including Hong Kong and internationally with a market cap of HK$4.60 billion.
Operations: Dream International Limited generates its revenue primarily from plush stuffed toys (HK$2.77 billion), plastic figures including die-casting products (HK$2.31 billion), and tarpaulin products (HK$373.31 million).
Dividend Yield: 8.8%
Dream International offers a dividend yield of 8.82%, placing it in the top 25% of Hong Kong's market. Despite trading at a substantial discount to its estimated fair value, its dividend history is marked by volatility and unreliability over the past decade. Recent earnings show a decline in net income to HK$738.5 million from HK$829.85 million, potentially impacting future dividends. The payout ratio of 55% suggests dividends are covered by earnings but sustainability remains uncertain due to insufficient cash flow data.
- Click to explore a detailed breakdown of our findings in Dream International's dividend report.
- Our expertly prepared valuation report Dream International implies its share price may be lower than expected.
PetroChina (SEHK:857)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: PetroChina Company Limited, along with its subsidiaries, operates in various petroleum-related products and services both in Mainland China and internationally, with a market cap of approximately HK$1.57 trillion.
Operations: PetroChina's revenue is primarily derived from its Marketing segment at CN¥1.88 trillion, followed by Natural Gas Sales at CN¥557.11 billion, Refining and Chemicals and New Materials at CN¥344.22 billion, and Oil, Gas and New Energy at CN¥154.86 billion.
Dividend Yield: 7.8%
PetroChina's dividend yield of 7.84% ranks it among the top 25% in Hong Kong, supported by a payout ratio of 52.2%, indicating coverage by earnings and cash flows. However, its dividend history has been volatile over the past decade, raising concerns about reliability despite recent increases. The company's latest earnings report shows net income growth to RMB 164.68 billion from RMB 161.42 billion, though sales have declined slightly, which may influence future dividends amidst expected earnings decline.
- Click here to discover the nuances of PetroChina with our detailed analytical dividend report.
- The analysis detailed in our PetroChina valuation report hints at an deflated share price compared to its estimated value.
Jiangsu Phoenix Publishing & Media (SHSE:601928)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jiangsu Phoenix Publishing & Media Corporation Limited is involved in the editing, publishing, and distribution of books, newspapers, electronic publications, and audio-visual products in China with a market cap of CN¥28.58 billion.
Operations: Jiangsu Phoenix Publishing & Media Corporation Limited generates revenue through its activities in editing, publishing, and distributing a variety of media products including books, newspapers, electronic publications, and audio-visual materials within China.
Dividend Yield: 4.5%
Jiangsu Phoenix Publishing & Media offers a dividend yield of 4.45%, placing it in the top 25% of Chinese dividend payers, yet its dividends have been volatile and unreliable over the past decade. While recent earnings grew by 19%, future earnings are expected to decline, impacting dividend sustainability. The stock trades at a favorable price-to-earnings ratio of 11.3x compared to the market average, but its high cash payout ratio suggests dividends are not well covered by free cash flows.
- Click here and access our complete dividend analysis report to understand the dynamics of Jiangsu Phoenix Publishing & Media.
- According our valuation report, there's an indication that Jiangsu Phoenix Publishing & Media's share price might be on the cheaper side.
Turning Ideas Into Actions
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Interested In Other Possibilities?
- 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 Dream International 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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