3 Asian Dividend Stocks Yielding Up To 4%

As global markets face uncertainties, including U.S. tariff escalations and mixed economic signals from major regions like Japan and China, investors are increasingly seeking stability in their portfolios. In this environment, dividend stocks can offer a reliable income stream, making them an attractive option for those looking to balance risk with potential returns.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1126 stocks from our Top Asian Dividend Stocks screener.

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

KandenkoLtd (TSE:1942)

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

Overview: Kandenko Co., Ltd., with a market cap of ¥541.75 billion, operates as a general infrastructure company in Japan alongside its subsidiaries.

Operations: Kandenko Co., Ltd. generates revenue through its activities as a general infrastructure company in Japan, alongside its subsidiaries.

Dividend Yield: 3%

Kandenko Ltd. offers a reliable dividend with a stable history over the past decade, supported by a low payout ratio of 25% and covered by cash flows at 67.1%. Despite its dividend yield of 3.02% being below the top quartile in Japan, recent guidance revisions indicate improved profitability and increased dividends to JPY 82 per share for FY2025, driven by strong construction investment and productivity gains. The stock trades at a discount to its estimated fair value, enhancing its appeal for dividend investors seeking stability amidst growth prospects.

• Unlock comprehensive insights into our analysis of KandenkoLtd stock in this dividend report.
• Our valuation report unveils the possibility KandenkoLtd's shares may be trading at a premium.

Gamecard-Joyco HoldingsInc (TSE:6249)

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

Overview: Gamecard-Joyco Holdings Inc (TSE:6249) operates in the gaming industry with a market capitalization of ¥35.00 billion.

Operations: Gamecard-Joyco Holdings Inc (TSE:6249) generates revenue from its operations in the gaming sector.

Dividend Yield: 4%

Gamecard-Joyco Holdings Inc. offers a high dividend yield of 4.01%, placing it in the top 25% of Japanese dividend payers, with dividends well-covered by earnings (17.4% payout ratio) and cash flows (13.4% cash payout ratio). However, its dividend history is unstable and has been volatile over the past decade. The stock trades significantly below its estimated fair value, suggesting potential undervaluation despite its inconsistent dividend track record.

• Delve into the full analysis dividend report here for a deeper understanding of Gamecard-Joyco HoldingsInc.
• According our valuation report, there's an indication that Gamecard-Joyco HoldingsInc's share price might be on the cheaper side.

Tomoe Engineering (TSE:6309)

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

Overview: Tomoe Engineering Co., Ltd. operates in the chemical and machinery and equipment sectors across Japan, Asia, and internationally, with a market cap of ¥38.27 billion.

Operations: Tomoe Engineering Co., Ltd.'s revenue is derived from the Chemical Industry Products Sale segment, contributing ¥39.12 billion, and the Machine Manufacturing and Sales segment, contributing ¥13.00 billion.

Dividend Yield: 3.8%

Tomoe Engineering's dividend yield of 3.81% is supported by stable and reliable payments over the past decade, with dividends well-covered by earnings (40% payout ratio) and cash flows (51.7% cash payout ratio). The company recently increased its year-end dividend to ¥82 per share, up from a forecasted ¥63, reflecting strong financial performance. Trading at 23% below estimated fair value, it may be undervalued despite recent board changes related to takeover defense measures.

• Click to explore a detailed breakdown of our findings in Tomoe Engineering's dividend report.
• The analysis detailed in our Tomoe Engineering valuation report hints at an inflated share price compared to its estimated value.

Key Takeaways

• Gain an insight into the universe of 1126 Top Asian Dividend Stocks by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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Looking For Alternative Opportunities?

• 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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