Discover 3 Asian Dividend Stocks With Yields Up To 4.1%

As global markets navigate a complex landscape marked by fluctuating sentiments and economic uncertainties, Asian equities have shown resilience, particularly in the face of easing U.S.-China trade tensions. Amidst these dynamics, dividend stocks in Asia present an intriguing opportunity for investors seeking stable income streams; selecting stocks with solid fundamentals and sustainable payout ratios is crucial for navigating the current market environment.

Top 10 Dividend Stocks In Asia

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

We're going to check out a few of the best picks from our screener tool.

Brother Industries (TSE:6448)

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

Overview: Brother Industries, Ltd. and its subsidiaries manufacture and sell communications and printing equipment across Japan, the United States, China, and other international markets with a market cap of ¥777.59 billion.

Operations: Brother Industries generates revenue from its various segments, including communications and printing equipment sales in Japan, the United States, China, and other international markets.

Dividend Yield: 3.3%

Brother Industries' dividends are well-covered by earnings, with a payout ratio of 23.2%, and cash flows, despite a higher cash payout ratio of 79%. However, the dividend yield at 3.26% is low compared to top-tier payers in Japan. The dividend history has been volatile over the past decade, though payments have increased overall. Recent buybacks and product innovations could signal financial health and potential for future stability in dividends.

• Navigate through the intricacies of Brother Industries with our comprehensive dividend report here.
• Our expertly prepared valuation report Brother Industries implies its share price may be lower than expected.

SK-ElectronicsLTD (TSE:6677)

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

Overview: SK-Electronics CO., LTD. manufactures and sells large-format photomasks both in Japan and internationally, with a market capitalization of ¥33.33 billion.

Operations: SK-Electronics CO., LTD. generates revenue through the manufacturing and sale of large-format photomasks across domestic and international markets.

Dividend Yield: 4%

SK-ElectronicsLTD's dividend yield of 3.99% ranks in the top 25% in Japan, but dividends are not covered by free cash flows, raising sustainability concerns. Despite a low payout ratio of 42.8%, dividend payments have been volatile over the past decade and unreliable. The company trades at a favorable P/E ratio of 12.2x compared to the market average, suggesting good value relative to peers, with recent earnings growth of 19.2%.

• Dive into the specifics of SK-ElectronicsLTD here with our thorough dividend report.
• Our comprehensive valuation report raises the possibility that SK-ElectronicsLTD is priced lower than what may be justified by its financials.

CMK (TSE:6958)

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

Overview: CMK Corporation develops, produces, and markets printed wiring boards across Japan, China, Southeast Asia, Europe, the United States, and internationally with a market cap of ¥34.08 billion.

Operations: CMK Corporation's revenue segments include printed wiring boards, with operations spanning Japan, China, Southeast Asia, Europe, the United States, and other international markets.

Dividend Yield: 4.2%

CMK offers a dividend yield of 4.18%, placing it in the top quartile among Japanese dividend payers, yet its dividends are not backed by free cash flows, raising sustainability issues. The payout ratio is moderate at 53.1%, indicating coverage by earnings despite past volatility and unreliability in dividend payments. Trading at a P/E ratio of 12.7x below the market average, CMK presents good value relative to peers but faces challenges with profit margin declines and share price volatility.

• Click to explore a detailed breakdown of our findings in CMK's dividend report.
• The analysis detailed in our CMK valuation report hints at an deflated share price compared to its estimated value.

Taking Advantage

• Unlock our comprehensive list of 1017 Top Asian Dividend Stocks by clicking here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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Interested In Other Possibilities?

• 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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