3 Asian Dividend Stocks With Up To 6% Yield

As global markets grapple with trade policy uncertainties and inflation concerns, Asian economies present a unique landscape for investors seeking stability and growth. In this environment, dividend stocks can be appealing due to their potential for providing steady income streams even amidst market volatility.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1133 stocks from our Top Asian Dividend Stocks screener.

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

CKM Applied Materials (TPEX:8930)

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

Overview: CKM Applied Materials Corp. is involved in the manufacture and trading of building materials, with a market cap of NT$3.38 billion.

Operations: CKM Applied Materials Corp. generates revenue primarily through its manufacture and trading of building materials.

Dividend Yield: 6%

CKM Applied Materials offers a dividend yield of 6.05%, placing it in the top 25% of Taiwan's market. Despite a volatile and unreliable dividend track record over the past decade, current dividends are supported by earnings (payout ratio: 88.9%) and cash flows (cash payout ratio: 85.1%). Recent earnings showed slight declines, yet the company declared a TWD 2.80 per share dividend for FY2024, reflecting ongoing shareholder returns amidst stable financial coverage.

• Get an in-depth perspective on CKM Applied Materials' performance by reading our dividend report here.
• Upon reviewing our latest valuation report, CKM Applied Materials' share price might be too optimistic.

Global (TSE:3271)

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

Overview: Global Ltd., with a market cap of ¥21.94 billion, operates in Japan through its subsidiaries, focusing on the development of condominiums, apartment complexes, earning properties, commercial facilities, hotels, and various other properties.

Operations: Global Ltd.'s revenue primarily comes from its Income Property Business, generating ¥20.91 billion, followed by the Condominium Business (excluding Hotel Business) at ¥11.26 billion, the Sales Agency Business with ¥987.05 million, the Building Management Business contributing ¥515.68 million, and the Hotel business at ¥499.27 million.

Dividend Yield: 4.9%

Global's dividend yield of 4.9% ranks in the top 25% of the Japanese market, supported by a low payout ratio (25.3%) and cash payout ratio (16.2%). Despite its volatile and unreliable dividend history, recent earnings growth of 29.5% suggests potential stability in future payouts. The company's high debt level may pose risks, but its valuation appears attractive at 96.4% below estimated fair value. Recent M&A activity with Asahi Kasei Homes could influence future performance.

• Click here and access our complete dividend analysis report to understand the dynamics of Global.
• The analysis detailed in our Global valuation report hints at an deflated share price compared to its estimated value.

Idemitsu KosanLtd (TSE:5019)

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

Overview: Idemitsu Kosan Co., Ltd. operates in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources sectors both in Japan and internationally, with a market cap of ¥1.41 trillion.

Operations: Idemitsu Kosan Co., Ltd.'s revenue segments include Petroleum at ¥7.72 billion, Resources at ¥252.68 million, Basic Chemicals at ¥634.22 million, Functional Materials at ¥539.54 million, and Power and Renewable Energy at ¥132.92 million.

Dividend Yield: 3.3%

Idemitsu Kosan's dividend yield of 3.3% is below the top 25% in Japan, but dividends have been stable and reliable over the past decade. The payout ratio of 39.6% indicates sustainability, supported by a low cash payout ratio of 14.6%. Recent strategic initiatives, including expansions in battery materials and collaborations on biomass plastics, may bolster long-term growth prospects despite current profit margin challenges and high debt levels impacting financial flexibility.

• Navigate through the intricacies of Idemitsu KosanLtd with our comprehensive dividend report here.
• Our comprehensive valuation report raises the possibility that Idemitsu KosanLtd is priced higher than what may be justified by its financials.

Summing It All Up

• Dive into all 1133 of the Top Asian Dividend Stocks we have identified here.
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Seeking Other Investments?

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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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