3 Asian Dividend Stocks Yielding Up To 7.9% To Boost Your Income

As global markets navigate the complexities of trade uncertainties and economic shifts, Asian markets have shown resilience, with China's stimulus expectations and Japan's trade negotiations offering some optimism. In this dynamic environment, dividend stocks can provide a steady income stream, making them an attractive option for investors seeking stability amidst market volatility.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1207 stocks from our Top Asian Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Luk Fook Holdings (International) (SEHK:590)

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

Overview: Luk Fook Holdings (International) Limited is an investment holding company involved in sourcing, designing, wholesaling, trademark licensing, and retailing gold and platinum jewelry as well as gem-set jewelry products, with a market cap of approximately HK$10.04 billion.

Operations: Luk Fook Holdings (International) Limited generates revenue from licensing (HK$892.75 million), retailing in Mainland China (HK$2.81 billion), wholesaling in Hong Kong (HK$2.06 billion) and Mainland China (HK$1.08 billion), and retailing across Hong Kong, Macau, and overseas markets (HK$8.66 billion).

Dividend Yield: 8%

Luk Fook Holdings offers a mixed dividend profile, with dividends covered by earnings and cash flows, reflected in payout ratios of 55.5% and 42%, respectively. However, the dividend track record is volatile, experiencing significant annual drops over the past decade. While trading at good value compared to peers—81.7% below estimated fair value—the recent sales report indicates flat revenue performance, potentially impacting future dividend stability despite past growth in payments.

• Click to explore a detailed breakdown of our findings in Luk Fook Holdings (International)'s dividend report.
• The valuation report we've compiled suggests that Luk Fook Holdings (International)'s current price could be quite moderate.

CTS International Logistics (SHSE:603128)

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

Overview: CTS International Logistics Corporation Limited is a freight forwarding company that provides logistics solutions globally, with a market cap of CN¥9.97 billion.

Operations: CTS International Logistics Corporation Limited generates its revenue from providing comprehensive logistics solutions on a global scale.

Dividend Yield: 3.8%

CTS International Logistics presents a challenging dividend profile. Despite being in the top 25% of CN market payers with a 3.81% yield, dividends are not covered by free cash flow and have been volatile over the past decade. The current payout ratio of 78.2% suggests coverage by earnings, yet sustainability concerns persist due to lack of cash flow support. Recent earnings showed revenue growth but declining net income, which could influence future dividend reliability and growth prospects.

• Take a closer look at CTS International Logistics' potential here in our dividend report.
• The analysis detailed in our CTS International Logistics valuation report hints at an inflated share price compared to its estimated value.

Chuetsu Pulp & Paper (TSE:3877)

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

Overview: Chuetsu Pulp & Paper Co., Ltd. is involved in the production, processing, and sale of paper, pulp, and related by-products both in Japan and internationally, with a market cap of ¥19.44 billion.

Operations: Chuetsu Pulp & Paper Co., Ltd.'s revenue primarily comes from its Paper and Pulp Manufacture Business, which generated ¥101.28 billion, complemented by its Power Generation Business contributing ¥5.89 billion.

Dividend Yield: 4.5%

Chuetsu Pulp & Paper's dividend yield is in the top 25% of the Japanese market, supported by low payout ratios from earnings (27.3%) and cash flows (26.5%). However, dividend stability is a concern due to volatility over the past decade. Despite trading at a significant discount to estimated fair value, high debt levels and recent profit margin declines present risks. A completed share buyback aims to enhance shareholder returns amidst an unstable dividend history.

• Dive into the specifics of Chuetsu Pulp & Paper here with our thorough dividend report.
• In light of our recent valuation report, it seems possible that Chuetsu Pulp & Paper is trading behind its estimated value.

Summing It All Up

• Access the full spectrum of 1207 Top Asian Dividend Stocks by clicking on this link.
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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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