In This Article:
As global markets navigate heightened uncertainty, Asian economies have shown resilience with mixed performances across indices, reflecting both challenges and opportunities. In this environment, dividend stocks offer a compelling option for investors seeking steady income streams and potential portfolio stability amidst fluctuating market conditions.
Top 10 Dividend Stocks In Asia
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 7.80% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.94% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.08% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 3.98% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.93% | ★★★★★★ |
Intelligent Wave (TSE:4847) | 3.74% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.20% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.00% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.19% | ★★★★★★ |
E J Holdings (TSE:2153) | 4.76% | ★★★★★★ |
Click here to see the full list of 1128 stocks from our Top Asian Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
PTT Exploration and Production
Simply Wall St Dividend Rating: ★★★★★☆
Overview: PTT Exploration and Production Public Company Limited, along with its subsidiaries, is involved in petroleum exploration and production both in Thailand and internationally, with a market cap of THB470.44 billion.
Operations: PTT Exploration and Production's revenue segments include $5.40 billion from Southeast Asia - Thailand, $2.20 billion from Other Southeast Asia, $1.16 billion from the Middle East, and $318 million from Africa in exploration and production activities, along with $65 million from other exploration and production operations, plus $58 million from other businesses and corporate activities.
Dividend Yield: 8%
PTT Exploration and Production offers a compelling dividend profile with a payout ratio of 50% and cash payout ratio of 51.3%, indicating dividends are well covered by earnings and cash flows. Despite trading at good value compared to peers, the stock has an unreliable dividend history over the past decade, marked by volatility. Recent board changes and business expansions signal strategic shifts, while earnings grew slightly last year to US$2.23 billion from US$2.21 billion previously.
TangShan Port GroupLtd
Simply Wall St Dividend Rating: ★★★★★☆
Overview: TangShan Port Group Co., Ltd, with a market cap of CN¥26.49 billion, operates in China offering transportation and warehousing services through its subsidiaries.