As global markets grapple with economic uncertainty and inflation concerns, Asia's stock markets have shown resilience, with a focus on bolstering domestic demand and navigating geopolitical tensions. In such an environment, dividend stocks can offer investors a degree of stability and income potential, making them particularly appealing amidst fluctuating market conditions.
Top 10 Dividend Stocks In Asia
Name
Dividend Yield
Dividend Rating
Totech (TSE:9960)
3.91%
★★★★★★
Wuliangye YibinLtd (SZSE:000858)
3.91%
★★★★★★
CAC Holdings (TSE:4725)
4.75%
★★★★★★
Tsubakimoto Chain (TSE:6371)
4.31%
★★★★★★
Nihon Parkerizing (TSE:4095)
4.16%
★★★★★★
Daito Trust ConstructionLtd (TSE:1878)
4.11%
★★★★★★
GakkyushaLtd (TSE:9769)
4.16%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Overview: SITC International Holdings Company Limited is a shipping logistics company that offers integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$57.51 billion.
Operations: SITC International Holdings Company Limited generates its revenue primarily from its Container Shipping and Logistics segment, which amounts to $3.06 billion.
Dividend Yield: 9.9%
SITC International Holdings recently proposed a final dividend of HK$1.4 per share, reflecting its strong earnings growth with net income rising to US$1.03 billion in 2024 from US$531.39 million the previous year. Despite trading below estimated fair value and having a high dividend yield of 9.9%, the company's dividends have been volatile over the past decade, raising concerns about reliability and sustainability without sufficient cash flow data for confirmation.
Overview: Changjiang Publishing & Media Co., Ltd is a publishing company based in China with a market capitalization of approximately CN¥10.80 billion.
Operations: Changjiang Publishing & Media Co., Ltd generates its revenue through various segments, including publishing, distribution, and retail operations in China.
Dividend Yield: 4.5%
Changjiang Publishing & Media Ltd. offers a stable dividend history with consistent growth over the past decade, boasting a yield of 4.49%, placing it in the top quartile of CN market dividend payers. However, its dividends are not well-covered by free cash flow due to a high cash payout ratio of 173.7%, raising sustainability concerns despite being covered by earnings with a payout ratio of 55.6%. Its price-to-earnings ratio suggests good value relative to peers and the broader market.
Overview: YungShin Global Holding Corporation, with a market cap of NT$15.50 billion, operates through its subsidiaries to invest in, manufacture, and sell medicines, animal drugs, agricultural chemicals, industrial medicines, and cosmetics.
Operations: YungShin Global Holding Corporation generates revenue from several regions, including NT$6.13 billion from Taiwan, NT$869.63 million from Japan, NT$745.69 million from the United States, and NT$73.73 million from Mainland China.
Dividend Yield: 4%
YungShin Global Holding has announced a TWD 3.00 per share annual dividend, reflecting an increase in its payouts despite a historically volatile dividend track record. The company's dividends are supported by earnings and cash flows with payout ratios of 59.5% and 56.2%, respectively, suggesting sustainability. However, the yield of 3.95% is below the top tier in Taiwan's market, though shares trade at a discount to estimated fair value, indicating potential investment appeal for value-focused investors.
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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:1308 SHSE:600757 and TWSE:3705.
