3 Asian Dividend Stocks Yielding Up To 4.6%

Amidst escalating trade tensions between the world's largest economies, Asian markets have been navigating a challenging landscape marked by volatility and uncertainty. Despite these headwinds, investors continue to seek stability and income through dividend stocks, which are often valued for their potential to provide steady returns even in turbulent times.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1204 stocks from our Top Asian Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Nishikawa Rubber (TSE:5161)

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

Overview: Nishikawa Rubber Co., Ltd. manufactures and sells rubber and sealing products both in Japan and internationally, with a market capitalization of ¥88.99 billion.

Operations: Nishikawa Rubber Co., Ltd. generates revenue from various regions, with ¥55.83 billion from Japan, ¥10.98 billion from East Asia, ¥41.09 billion from North America, and ¥12.59 billion from Southeast Asia.

Dividend Yield: 4.4%

Nishikawa Rubber offers a compelling dividend profile with a 4.43% yield, placing it in the top 25% of Japan's market. The company's dividends are well-covered by earnings and cash flows, boasting payout ratios of 22.6% and 43.4%, respectively. Over the past decade, dividends have been stable and reliable without volatility. Despite recent share price volatility, the stock trades at a significant discount to its estimated fair value following a recent 2:1 stock split in March 2025.

• Delve into the full analysis dividend report here for a deeper understanding of Nishikawa Rubber.
• Insights from our recent valuation report point to the potential overvaluation of Nishikawa Rubber shares in the market.

Tera Probe (TSE:6627)

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

Overview: Tera Probe, Inc. operates in the wafer testing, final testing, testing technology development, and worker dispatching sectors across Japan, Taiwan, other parts of Asia, North America, and Europe with a market cap of ¥21.50 billion.

Operations: Tera Probe, Inc.'s revenue is primarily derived from its operations in wafer and final testing, as well as testing technology development and worker dispatching services across various regions including Japan, Taiwan, the rest of Asia, North America, and Europe.

Dividend Yield: 4.7%

Tera Probe's dividend yield of 4.66% ranks in the top 25% of Japan's market, with dividends well-covered by earnings and cash flows, reflected in payout ratios of 28.5% and 37.7%. Despite only three years of dividend history, payments have been reliable with minimal volatility. The stock trades at a significant discount to its estimated fair value but has experienced high share price volatility recently. Earnings are projected to grow modestly at 2.55% annually.

• Get an in-depth perspective on Tera Probe's performance by reading our dividend report here.
• In light of our recent valuation report, it seems possible that Tera Probe is trading behind its estimated value.

Chori (TSE:8014)

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

Overview: Chori Co., Ltd. operates in the textiles, chemicals, and machinery sectors both in China and internationally, with a market cap of ¥73.94 billion.

Operations: Chori Co., Ltd.'s revenue is primarily derived from its Chemicals Business at ¥154.34 billion, followed by the Textile Business at ¥149.27 billion, and a smaller contribution from the Machinery Business at ¥905 million.

Dividend Yield: 4.1%

Chori's dividend yield of 4.07% falls slightly below the top 25% of Japanese dividend payers. Dividends are well-covered by earnings and cash flows, with payout ratios of 27.9% and 39.7%, respectively, indicating sustainability despite a history of volatility and unreliability in payments over the past decade. The stock trades at a significant discount to its fair value estimate, while recent earnings growth was strong at 23.6%.

• Click to explore a detailed breakdown of our findings in Chori's dividend report.
• Our valuation report here indicates Chori may be undervalued.

Taking Advantage

• Navigate through the entire inventory of 1204 Top Asian Dividend Stocks here.
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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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