As global markets navigate a complex landscape marked by economic uncertainties and geopolitical tensions, the Asian stock markets have shown resilience, with indices in China and Japan reflecting mixed but promising signals amid holiday-driven consumption boosts and technological advancements. In such an environment, dividend stocks can offer stability and potential income, making them an attractive option for investors looking to enhance their portfolios with reliable returns amidst fluctuating market conditions.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| Wuliangye YibinLtd (SZSE:000858) | 5.22% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 3.78% | ★★★★★★ |
| Torigoe (TSE:2009) | 4.21% | ★★★★★★ |
| NCD (TSE:4783) | 4.37% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 3.90% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 4.02% | ★★★★★★ |
| Daicel (TSE:4202) | 4.50% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.48% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.69% | ★★★★★★ |
| Binggrae (KOSE:A005180) | 4.28% | ★★★★★★ |
Click here to see the full list of 1072 stocks from our Top Asian Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Kuen Ling Machinery Refrigerating (TPEX:4527)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kuen Ling Machinery Refrigerating Co., Ltd. operates in the machinery and refrigerating industry with a market capitalization of NT$3.13 billion.
Operations: Kuen Ling Machinery Refrigerating Co., Ltd. generates revenue from several regions, including NT$3.45 billion from the Taiwan Area, NT$1.11 billion from the Mainland Area, and NT$96.30 million from the Vietnam Region.
Dividend Yield: 7.8%
Kuen Ling Machinery Refrigerating offers an attractive dividend yield of 7.78%, placing it in the top 25% of dividend payers in Taiwan. However, its high payout ratio of 101.4% indicates dividends are not well covered by earnings, although cash flow coverage is more reasonable at 39.1%. Recent earnings show a decline in sales and net income, potentially impacting future payouts. The company's dividend history has been volatile despite growth over the past decade.
- Click here and access our complete dividend analysis report to understand the dynamics of Kuen Ling Machinery Refrigerating.
- Upon reviewing our latest valuation report, Kuen Ling Machinery Refrigerating's share price might be too pessimistic.
Compeq Manufacturing (TWSE:2313)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Compeq Manufacturing Co., Ltd. is involved in the production and distribution of printed circuit boards for computers across Taiwan, the United States, Asia, Europe, and other international markets, with a market cap of NT$90.46 billion.
Operations: Compeq Manufacturing Co., Ltd.'s revenue is primarily derived from Mainland China (NT$70.83 billion) and Taiwan (NT$38.37 billion).
Dividend Yield: 3.2%
Compeq Manufacturing's dividends are supported by a payout ratio of 51.1% and a cash payout ratio of 49.5%, indicating coverage by both earnings and cash flows. Despite dividend growth over the past decade, payments have been volatile, impacting reliability. The current yield is 3.16%, lower than Taiwan's top quartile dividend payers. Recent earnings show increased sales but decreased net income compared to last year, which may influence future dividend stability and growth prospects.
- Navigate through the intricacies of Compeq Manufacturing with our comprehensive dividend report here.
- Our expertly prepared valuation report Compeq Manufacturing implies its share price may be lower than expected.
Eurocharm Holdings (TWSE:5288)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Eurocharm Holdings Co., Ltd. is a company that manufactures and sells motorcycle and auto equipment parts, medical equipment, and machine parts across Taiwan, Vietnam, the United States, and internationally with a market cap of NT$8.17 billion.
Operations: Eurocharm Holdings Co., Ltd. generates revenue of NT$7.07 billion from its operations in manufacturing and selling automobile, locomotive parts, and medical equipment.
Dividend Yield: 7.2%
Eurocharm Holdings' dividends are covered by a payout ratio of 61.6% and a cash payout ratio of 49.1%, ensuring they are supported by both earnings and cash flows. Although the dividend yield is in Taiwan's top quartile at 7.24%, past payments have been volatile, affecting reliability. Recent earnings reported lower sales and net income compared to last year, which could impact future dividend stability despite previous growth over the decade.
- Take a closer look at Eurocharm Holdings' potential here in our dividend report.
- The valuation report we've compiled suggests that Eurocharm Holdings' current price could be quite moderate.
Next Steps
- Delve into our full catalog of 1072 Top Asian Dividend Stocks here.
- Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
- Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.
Contemplating Other Strategies?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Compeq Manufacturing might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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