In This Article:
As global markets grapple with economic uncertainty and inflation fears, Asian indices have shown resilience amid fluctuating sentiment driven by trade policy developments and consumer confidence concerns. In such a volatile environment, dividend stocks can offer a measure of stability, providing investors with regular income streams and potential capital appreciation; Tsingtao Brewery and two other elite yield payers stand out as noteworthy options in the Asian market landscape.
Top 10 Dividend Stocks In Asia
Name | Dividend Yield | Dividend Rating |
Totech (TSE:9960) | 3.88% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.93% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.37% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.15% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.15% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.19% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 3.83% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.37% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.17% | ★★★★★★ |
E J Holdings (TSE:2153) | 4.88% | ★★★★★★ |
Click here to see the full list of 1149 stocks from our Top Asian Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Tsingtao Brewery
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tsingtao Brewery Company Limited, along with its subsidiaries, is involved in the production, distribution, wholesale, and retail sale of beer products across Mainland China, Hong Kong, Macau, and internationally with a market cap of HK$98.34 billion.
Operations: Tsingtao Brewery Company Limited generates revenue through the production and sale of beer products across various regions including Mainland China, Hong Kong, Macau, and international markets.
Dividend Yield: 3.6%
Tsingtao Brewery's recent proposal to distribute a total dividend of RMB 3 billion highlights its commitment to returning value to shareholders. Despite a modest dividend yield of 3.62%, the company has maintained stable and reliable payouts over the past decade, supported by earnings but not well-covered by free cash flows, with a high cash payout ratio of 150.9%. While trading below estimated fair value, Tsingtao's earnings growth remains steady at 2% year-on-year.
Advancetek EnterpriseLtd
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Advancetek Enterprise Co., Ltd. operates in Taiwan, focusing on the construction, rental, and sale of residential and commercial buildings, with a market cap of NT$29.66 billion.