Asian Dividend Stocks: Tsingtao Brewery And 2 Elite Yield Payers

As global markets grapple with economic uncertainty and inflation fears, Asian indices have shown resilience amid fluctuating sentiment driven by trade policy developments and consumer confidence concerns. In such a volatile environment, dividend stocks can offer a measure of stability, providing investors with regular income streams and potential capital appreciation; Tsingtao Brewery and two other elite yield payers stand out as noteworthy options in the Asian market landscape.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1149 stocks from our Top Asian Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Tsingtao Brewery (SEHK:168)

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

Overview: Tsingtao Brewery Company Limited, along with its subsidiaries, is involved in the production, distribution, wholesale, and retail sale of beer products across Mainland China, Hong Kong, Macau, and internationally with a market cap of HK$98.34 billion.

Operations: Tsingtao Brewery Company Limited generates revenue through the production and sale of beer products across various regions including Mainland China, Hong Kong, Macau, and international markets.

Dividend Yield: 3.6%

Tsingtao Brewery's recent proposal to distribute a total dividend of RMB 3 billion highlights its commitment to returning value to shareholders. Despite a modest dividend yield of 3.62%, the company has maintained stable and reliable payouts over the past decade, supported by earnings but not well-covered by free cash flows, with a high cash payout ratio of 150.9%. While trading below estimated fair value, Tsingtao's earnings growth remains steady at 2% year-on-year.

• Dive into the specifics of Tsingtao Brewery here with our thorough dividend report.
• The valuation report we've compiled suggests that Tsingtao Brewery's current price could be quite moderate.

Advancetek EnterpriseLtd (TWSE:1442)

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

Overview: Advancetek Enterprise Co., Ltd. operates in Taiwan, focusing on the construction, rental, and sale of residential and commercial buildings, with a market cap of NT$29.66 billion.

Operations: Advancetek Enterprise Co., Ltd. generates its revenue primarily from its Construction Business, which accounts for NT$8.80 billion, and the Construction Division, contributing NT$474.52 million.

Dividend Yield: 4.3%

Advancetek Enterprise Ltd. is trading significantly below its estimated fair value, offering potential for value-focused investors. Despite a volatile dividend history over the past decade, dividends are well-covered by earnings and cash flows, with payout ratios of 35.5% and 26.2%, respectively. The dividend yield of 4.32% is lower than top-tier payers in Taiwan but has seen growth over ten years. Recent board meetings and proposed bylaw changes may impact future distributions.

• Delve into the full analysis dividend report here for a deeper understanding of Advancetek EnterpriseLtd.
• Our valuation report here indicates Advancetek EnterpriseLtd may be undervalued.

Jess-link Products (TWSE:6197)

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

Overview: Jess-link Products Co., Ltd. is engaged in providing electronic products and components across Taiwan, China, the United States, Japan, Thailand, and other international markets with a market cap of NT$17.03 billion.

Operations: Jess-link Products Co., Ltd. generates revenue primarily from its Electronic Components Manufacturing segment, which amounts to NT$6.45 billion.

Dividend Yield: 5%

Jess-link Products Co., Ltd. trades substantially below its estimated fair value, appealing to value investors. Its dividend yield of 5.02% ranks among the top 25% in Taiwan, though past payments have been volatile with some growth over ten years. Recent earnings growth of 66.9% supports dividends, covered by an 80.6% payout ratio and an 87.2% cash payout ratio, indicating sustainability despite historical unreliability in payment consistency.

• Unlock comprehensive insights into our analysis of Jess-link Products stock in this dividend report.
• Our valuation report unveils the possibility Jess-link Products' shares may be trading at a discount.

Where To Now?

• Reveal the 1149 hidden gems among our Top Asian Dividend Stocks screener with a single click here.
• 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.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

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.

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