Stock Analysis

3 Asian Dividend Stocks With Up To 3.7% Yield

As global markets navigate a landscape marked by fluctuating consumer sentiment and geopolitical shifts, Asian markets have shown resilience, with Chinese stocks gaining traction amid easing trade tensions. In this environment, dividend stocks offer a compelling opportunity for investors seeking stable income streams; these stocks can provide consistent returns even when broader market conditions are uncertain.

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Top 10 Dividend Stocks In Asia

NameDividend YieldDividend Rating
Wuliangye YibinLtd (SZSE:000858)5.26%★★★★★★
Tsubakimoto Chain (TSE:6371)3.73%★★★★★★
Torigoe (TSE:2009)3.94%★★★★★★
SAN Holdings (TSE:9628)3.96%★★★★★★
NCD (TSE:4783)4.53%★★★★★★
HUAYU Automotive Systems (SHSE:600741)3.87%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.87%★★★★★★
GakkyushaLtd (TSE:9769)4.48%★★★★★★
CAC Holdings (TSE:4725)4.60%★★★★★★
Binggrae (KOSE:A005180)4.39%★★★★★★

Click here to see the full list of 1017 stocks from our Top Asian Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Qingdao Hiron Commercial Cold Chain (SHSE:603187)

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

Overview: Qingdao Hiron Commercial Cold Chain Co., Ltd. operates in the commercial refrigeration industry, specializing in the production and sale of cold chain equipment, with a market cap of approximately CN¥5.97 billion.

Operations: Qingdao Hiron Commercial Cold Chain Co., Ltd. generates revenue primarily from its Food Service Equipment segment, amounting to CN¥3.15 billion.

Dividend Yield: 3.2%

Qingdao Hiron Commercial Cold Chain offers a dividend yield of 3.24%, placing it in the top 25% of CN market payers. Despite its attractive payout ratio of 50%, indicating dividends are covered by earnings, its track record is unstable with less than a decade of payments and volatility over time. Recent financials show improved performance, with revenue rising to CNY 2.43 billion for the first nine months of 2025, suggesting potential for future growth if stability is achieved.

SHSE:603187 Dividend History as at Nov 2025
SHSE:603187 Dividend History as at Nov 2025

Hokuriku Electric IndustryLtd (TSE:6989)

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

Overview: Hokuriku Electric Industry Co., Ltd. develops, manufactures, and sells electronic components both in Japan and internationally, with a market cap of ¥19.81 billion.

Operations: Hokuriku Electric Industry Co., Ltd. generates its revenue through the development, manufacturing, and sale of electronic components across domestic and international markets.

Dividend Yield: 3.6%

Hokuriku Electric Industry Ltd. trades at 63% below its estimated fair value, with a dividend yield of 3.56%, slightly under the top tier in Japan. Its dividends are well covered by earnings and cash flows, with payout ratios of 29% and 22.7%, respectively. However, the dividend has been volatile over the past decade despite recent growth in payments and earnings rising by 36.4% last year, indicating potential but unreliable stability.

TSE:6989 Dividend History as at Nov 2025
TSE:6989 Dividend History as at Nov 2025

JSP (TSE:7942)

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

Overview: JSP Corporation manufactures and sells expanded polymers globally, with a market cap of ¥55.82 billion.

Operations: JSP Corporation's revenue segments include Bead Business at ¥74.56 billion and Extrusion Business at ¥38.42 billion.

Dividend Yield: 3.8%

JSP Corporation's dividend yield of 3.76% ranks in the top 25% of Japanese dividend payers, yet its dividends are not well covered by free cash flows, with a high cash payout ratio of 192%. Despite a low earnings payout ratio of 19.6%, indicating coverage by earnings, the dividends have been volatile over the past decade. Recent guidance forecasts net sales of ¥142 billion and operating profit of ¥6 billion for FY2026, with a confirmed dividend payment scheduled for December 4, 2025.

TSE:7942 Dividend History as at Nov 2025
TSE:7942 Dividend History as at Nov 2025

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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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