3 Asian Dividend Stocks Yielding Up To 4.4%

Amidst a backdrop of mixed economic signals and geopolitical tensions, Asian markets have shown resilience with Japan's stock indices registering gains, while China's markets faced slight declines. In this environment, dividend stocks can offer a reliable income stream for investors seeking stability; here we explore three Asian dividend stocks yielding up to 4.4%, which may provide an attractive option in uncertain times.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1245 stocks from our Top Asian Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Shanxi Xinghuacun Fen Wine FactoryLtd (SHSE:600809)

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

Overview: Shanxi Xinghuacun Fen Wine Factory Co., Ltd. operates in the alcoholic beverage industry, primarily producing and selling traditional Chinese baijiu, with a market cap of CN¥223.79 billion.

Operations: Shanxi Xinghuacun Fen Wine Factory Co., Ltd. generates revenue of CN¥37.20 billion from its food manufacturing segment.

Dividend Yield: 3.3%

Shanxi Xinghuacun Fen Wine Factory Ltd. offers a dividend yield of 3.3%, placing it in the top 25% of CN market payers, supported by a payout ratio of 58.5%. Despite its growth in dividends over nine years, the track record remains unstable with volatility exceeding 20%. Recent Q1 results show revenue at CNY 16.52 billion and net income at CNY 6.65 billion, indicating strong earnings coverage for dividends amidst an unreliable dividend history.

• Unlock comprehensive insights into our analysis of Shanxi Xinghuacun Fen Wine FactoryLtd stock in this dividend report.
• Our valuation report here indicates Shanxi Xinghuacun Fen Wine FactoryLtd may be undervalued.

Anhui Yingjia Distillery (SHSE:603198)

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

Overview: Anhui Yingjia Distillery Co., Ltd. operates in the brewing industry in China with a market cap of CN¥33.06 billion.

Operations: Anhui Yingjia Distillery Co., Ltd. generates revenue primarily from the production, packaging, and sales of liquor, amounting to CN¥7.06 billion.

Dividend Yield: 3.6%

Anhui Yingjia Distillery's dividend yield of 3.63% ranks it among the top 25% in the CN market, backed by a stable payout ratio of 47.8%, though not well covered by free cash flow with a high cash payout ratio of 160.6%. Despite consistent dividend growth over the past decade, recent Q1 earnings showed decreased revenue at CNY 2.05 billion and net income at CNY 828.52 million, reflecting challenges in sustaining dividends through cash flows alone.

• Click here to discover the nuances of Anhui Yingjia Distillery with our detailed analytical dividend report.
• The valuation report we've compiled suggests that Anhui Yingjia Distillery's current price could be quite moderate.

YagiLtd (TSE:7460)

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

Overview: Yagi & Co., Ltd. is a fiber trading company based in Japan with a market capitalization of approximately ¥20.76 billion.

Operations: Yagi & Co., Ltd.'s revenue segments include the Apparel Business at ¥43.57 billion, Material Business at ¥22.99 billion, Lifestyle Business at ¥7.36 billion, Real Estate Business at ¥867 million, and Brand/Retail Business (Excluding Lifestyle Business) at ¥10.66 billion.

Dividend Yield: 4.5%

Yagi Ltd.'s dividend yield of 4.48% places it in the top 25% of JP market payers, with a stable payout ratio of 28.7%, ensuring dividends are well covered by earnings and cash flows (cash payout ratio: 25.7%). Despite this, its dividend history is marked by volatility over the past decade, though recent growth in earnings by 26.5% may support future payouts if sustained amidst historical unreliability.

• Navigate through the intricacies of YagiLtd with our comprehensive dividend report here.
• According our valuation report, there's an indication that YagiLtd's share price might be on the cheaper side.

Seize The Opportunity

• Delve into our full catalog of 1245 Top Asian Dividend Stocks here.
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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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