Asian Dividend Stocks To Consider For Your Portfolio

As Asian markets navigate a landscape marked by mixed economic signals and policy shifts, investors are increasingly turning their attention to dividend stocks as a potential source of steady income amidst uncertainty. In this environment, selecting stocks that offer reliable dividends can be an attractive strategy for those seeking stability and consistent returns.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1053 stocks from our Top Asian Dividend Stocks screener.

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

Mory Industries (TSE:5464)

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

Overview: Mory Industries Inc. is a Japanese company that manufactures and sells stainless steel and welded carbon steel products, with a market cap of ¥37.89 billion.

Operations: Mory Industries Inc. generates revenue primarily from its operations in Japan, contributing ¥43.68 billion, with additional income from Indonesia amounting to ¥1.99 billion.

Dividend Yield: 3.6%

Mory Industries offers a stable dividend profile with payments consistently growing over the past decade and minimal volatility. Its dividends are well-covered by both earnings and cash flows, with payout ratios of 41.3% and 47.4%, respectively, ensuring sustainability. Although its dividend yield of 3.61% is slightly below the top quartile in Japan, it trades at a significant discount to its estimated fair value, potentially offering good value for investors seeking reliable income streams in Asia.

• Delve into the full analysis dividend report here for a deeper understanding of Mory Industries.
• Our valuation report here indicates Mory Industries may be undervalued.

Alps Alpine (TSE:6770)

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

Overview: Alps Alpine Co., Ltd. manufactures and sells electronic components across Japan, China, the United States, South Korea, and internationally, with a market cap of ¥385.88 billion.

Operations: Alps Alpine Co., Ltd. generates revenue through its Component segment at ¥358.97 billion, Mobility Segment at ¥532.75 billion, and Sensor and Communication Segment at ¥83.38 billion.

Dividend Yield: 3.1%

Alps Alpine's dividend yield of 3.07% is below the top quartile in Japan, but its payout ratio of 35.7% indicates dividends are well-covered by earnings. However, a cash payout ratio of 78% suggests tighter coverage from cash flows. Despite a history of volatile dividends, recent increases and improved earnings guidance may offer potential for stability. The stock's price-to-earnings ratio of 11.2x suggests it trades at good value relative to the market average.

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

Cyber Power Systems (TWSE:3617)

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

Overview: Cyber Power Systems, Inc. designs, manufactures, and sells power protection products and computer peripheral accessories worldwide, with a market cap of NT$21.14 billion.

Operations: Cyber Power Systems, Inc. generates revenue primarily from its Electric Equipment segment, amounting to NT$12.42 billion.

Dividend Yield: 6.7%

Cyber Power Systems' dividend yield of 6.68% ranks in the top quartile for Taiwan, though its history shows volatility and unreliability over the past decade. The payout ratio of 88% indicates dividends are covered by earnings, while a cash payout ratio of 67.5% suggests reasonable coverage from cash flows. Despite recent dividend growth, declining sales and net income highlight potential challenges ahead. Trading at a significant discount to estimated fair value may present an opportunity for investors seeking high yields amidst risk factors.

• Take a closer look at Cyber Power Systems' potential here in our dividend report.
• Our valuation report unveils the possibility Cyber Power Systems' shares may be trading at a discount.

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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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