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Asian Dividend Stocks And 2 Other Leading Income Generators
Reviewed by Simply Wall St
As global markets navigate geopolitical tensions and economic uncertainties, Asian indices have shown resilience, particularly with the recent performance of Chinese tech stocks. In this environment, dividend stocks in Asia can offer a stable income stream, making them appealing to investors seeking consistent returns amidst market volatility.
Top 10 Dividend Stocks In Asia
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.59% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.97% | ★★★★★★ |
CAC Holdings (TSE:4725) | 5.10% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.25% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.99% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.48% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.27% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.45% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1144 stocks from our Top Asian Dividend Stocks screener.
We'll examine a selection from our screener results.
Century Properties Group (PSE:CPG)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Century Properties Group, Inc., along with its subsidiaries, operates as a real estate company in the Philippines and has a market cap of ₱6.03 billion.
Operations: Century Properties Group generates revenue through its segments: Leasing (₱1.25 billion), Real Estate Development (₱12.10 billion), and Hotel and Property Management (₱533.15 million).
Dividend Yield: 4.6%
Century Properties Group (CPG) offers a dividend yield of 4.61%, which is lower than the top tier in the Philippine market. Despite a low payout ratio of 12.9% and cash payout ratio of 8.7% suggesting strong coverage by earnings and cash flow, its dividend history has been volatile over the past decade, raising concerns about reliability. Recent developments include a PHP 1.2 billion investment in Azure North Estate's Mykonos tower, enhancing CPG's growth potential outside Metro Manila.
- Click to explore a detailed breakdown of our findings in Century Properties Group's dividend report.
- The valuation report we've compiled suggests that Century Properties Group's current price could be quite moderate.
Persol HoldingsLtd (TSE:2181)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Persol Holdings Co., Ltd. offers human resource services globally under the PERSOL brand and has a market cap of ¥531.16 billion.
Operations: Persol Holdings Co., Ltd.'s revenue is primarily derived from its Staffing segment (¥597.51 billion), followed by Asia Pacific (¥463.48 billion), Career (¥141.30 billion), Technology (¥111.35 billion), and BPO services (¥112.50 billion).
Dividend Yield: 3.8%
Persol Holdings Ltd. offers a dividend yield of 3.76%, slightly below the top tier in Japan. The dividend is supported by a payout ratio of 54.8% and cash payout ratio of 30.6%, indicating solid coverage by earnings and cash flow. However, its dividend history has been volatile over the past decade, with inconsistent growth and occasional drops exceeding 20%. Despite this, recent earnings growth suggests potential for future stability in payouts.
- Click here and access our complete dividend analysis report to understand the dynamics of Persol HoldingsLtd.
- Our valuation report unveils the possibility Persol HoldingsLtd's shares may be trading at a discount.
SAXA (TSE:6675)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SAXA, Inc. operates in Japan through its subsidiaries by developing, manufacturing, and selling equipment and components for information and communication systems, with a market cap of ¥18.96 billion.
Operations: SAXA, Inc.'s revenue primarily comes from its Information and Communication System Equipment and Parts segment, which generated ¥40.79 billion.
Dividend Yield: 4.1%
SAXA offers a dividend yield of 4.12%, ranking in the top 25% among Japanese dividend payers. Despite this, its dividends are not well-supported by free cash flow, with a high cash payout ratio of 341.3%. While the payout ratio is low at 22.8%, indicating coverage by earnings, the company's dividend history has been volatile and unreliable over the past decade, though there has been growth in payments during this period.
- Unlock comprehensive insights into our analysis of SAXA stock in this dividend report.
- Our expertly prepared valuation report SAXA implies its share price may be too high.
Seize The Opportunity
- Explore the 1144 names from our Top Asian Dividend Stocks screener here.
- Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
- Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Curious About Other Options?
- 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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About TSE:2181
Persol HoldingsLtd
Provides human resource services under the PERSOL brand worldwide.