As global markets grapple with economic uncertainty and inflation concerns, Asian stocks have been navigating a complex landscape shaped by trade tensions and evolving consumer sentiment. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for investors seeking to balance risk and reward.
Top 10 Dividend Stocks In Asia
Name
Dividend Yield
Dividend Rating
Totech (TSE:9960)
4.02%
★★★★★★
Wuliangye YibinLtd (SZSE:000858)
3.90%
★★★★★★
CAC Holdings (TSE:4725)
4.94%
★★★★★★
Tsubakimoto Chain (TSE:6371)
4.55%
★★★★★★
Nihon Parkerizing (TSE:4095)
4.29%
★★★★★★
Daito Trust ConstructionLtd (TSE:1878)
4.24%
★★★★★★
Intelligent Wave (TSE:4847)
3.92%
★★★★★★
Nissan Chemical (TSE:4021)
3.88%
★★★★★★
GakkyushaLtd (TSE:9769)
4.23%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Overview: Dongfang Electric Corporation Limited designs, develops, manufactures, and sells power generation equipment both in China and internationally, with a market cap of HK$49.98 billion.
Operations: Dongfang Electric Corporation Limited's revenue is derived from several segments, including Clean and Efficient Energy Equipment (CN¥2.84 billion), Renewable Energy Equipment (CN¥1.66 billion), Emerging Growth Industry (CN¥1.12 billion), Engineering and Trade (CN¥601.91 million), and Modern Manufacturing Service Industry (CN¥756.44 million).
Dividend Yield: 4.4%
Dongfang Electric's dividend history is marked by volatility, with past payments experiencing significant fluctuations. Despite this, the company's dividends are well-covered by earnings and cash flows, with payout ratios of 46.7% and 31.3%, respectively. Recent financial results show increased sales and revenue but a decline in net income to CNY 2.92 billion for 2024, impacting dividend sustainability. The proposed final dividend is RMB 4.38 per ten shares, reflecting a decrease from previous distributions amidst leadership changes in the boardroom.
Overview: Chongqing Rural Commercial Bank Co., Ltd., along with its subsidiaries, offers banking services in the People’s Republic of China and has a market capitalization of HK$72.10 billion.
Operations: Chongqing Rural Commercial Bank Co., Ltd. generates revenue from three main segments: Personal Banking (CN¥10.14 billion), Corporate Banking (CN¥4.93 billion), and Financial Market Operations (CN¥7.14 billion).
Dividend Yield: 4.3%
Chongqing Rural Commercial Bank's dividend track record is unstable, with past payments showing volatility. Despite this, current dividends are well-covered by earnings at a 30.7% payout ratio, and future coverage is forecasted to remain strong. Recent financial results indicate net income growth to CNY 11.51 billion for 2024, although net interest income declined slightly. The proposed final cash dividend of RMB 1.102 per ten shares reflects a decrease amidst recent executive changes in the boardroom.
Overview: OKP Holdings Limited is a transport infrastructure and civil engineering company operating in Singapore and Australia, with a market cap of SGD208.73 million.
Operations: The company's revenue segments include construction at SGD91.89 million and maintenance at SGD28.32 million.
Dividend Yield: 3.7%
OKP Holdings' dividend payments have been volatile over the past decade, yet are well-covered by earnings with a 9.1% payout ratio and cash flows at 14.1%. Despite a recent decline in net income to S$33.7 million for 2024, the company proposed a special final dividend of S$0.015 per share alongside an annual dividend of S$0.01 per share, payable on May 27, 2025, subject to shareholder approval.
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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.
Companies discussed in this article include SEHK:1072 SEHK:3618 and SGX:5CF.
