Stock Analysis

Top Asian Dividend Stocks To Watch In November 2025

As global markets navigate a complex landscape of interest rate adjustments and trade negotiations, Asian markets are also experiencing notable developments. With Japan's stock markets reaching record highs and China focusing on domestic demand to bolster growth, investors are increasingly interested in dividend stocks as a potential source of steady income amidst these shifting economic conditions. A good dividend stock often combines reliable payouts with the ability to adapt to evolving market dynamics, making them attractive options for those seeking stability in uncertain times.

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Top 10 Dividend Stocks In Asia

NameDividend YieldDividend Rating
Wuliangye YibinLtd (SZSE:000858)5.33%★★★★★★
SAN Holdings (TSE:9628)3.79%★★★★★★
NCD (TSE:4783)4.48%★★★★★★
HUAYU Automotive Systems (SHSE:600741)3.92%★★★★★★
Guangxi LiuYao Group (SHSE:603368)4.02%★★★★★★
GakkyushaLtd (TSE:9769)4.53%★★★★★★
Daicel (TSE:4202)4.52%★★★★★★
Changjiang Publishing & MediaLtd (SHSE:600757)4.68%★★★★★★
CAC Holdings (TSE:4725)4.68%★★★★★★
Binggrae (KOSE:A005180)4.56%★★★★★★

Click here to see the full list of 1046 stocks from our Top Asian Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Weichai Power (SEHK:2338)

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

Overview: Weichai Power Co., Ltd. operates in the automobile and equipment manufacturing industry both in China and internationally, with a market cap of HK$139.71 billion.

Operations: Weichai Power Co., Ltd. generates revenue through its operations in the automobile and equipment manufacturing sectors across China and international markets.

Dividend Yield: 4.9%

Weichai Power's dividend payments are covered by earnings and cash flows, with a payout ratio of 51.5% and a cash payout ratio of 29.9%. Despite this coverage, the company's dividend history has been volatile over the past decade. Recent earnings reports show growth in sales to CNY 170.57 billion for the first nine months of 2025, indicating potential stability in future payouts despite past volatility concerns.

SEHK:2338 Dividend History as at Nov 2025
SEHK:2338 Dividend History as at Nov 2025

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¥33.90 billion.

Operations: Anhui Yingjia Distillery Co., Ltd. generates its revenue from various segments within the brewing industry in China.

Dividend Yield: 3.5%

Anhui Yingjia Distillery's dividend yield of 3.54% ranks it among the top 25% of dividend payers in China, with stable and growing dividends over the past decade. However, its high cash payout ratio of 249.4% raises concerns about sustainability since dividends are not well covered by free cash flows despite a reasonable earnings payout ratio of 57.4%. Recent earnings reports show declining sales and net income, which may impact future dividend reliability.

SHSE:603198 Dividend History as at Nov 2025
SHSE:603198 Dividend History as at Nov 2025

Japan Process Development (TSE:9651)

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

Overview: Japan Process Development Co., Ltd. offers system integration and software development services in Japan, with a market cap of ¥17.32 billion.

Operations: Japan Process Development Co., Ltd. generates revenue through its system integration and software development services in Japan.

Dividend Yield: 3.2%

Japan Process Development's dividend yield of 3.24% is below the top tier in Japan, with stable and growing dividends over the last decade. Although the payout ratio of 34.5% suggests coverage by earnings, a high cash payout ratio of 118.4% indicates dividends aren't well supported by free cash flows, raising sustainability concerns. Recent guidance forecasts solid earnings growth, but large one-off items affect quality and reliability remains uncertain amidst these financial dynamics.

TSE:9651 Dividend History as at Nov 2025
TSE:9651 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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