In This Article:
As global markets grapple with economic uncertainties and policy shifts, Asian stock markets have shown resilience despite challenges such as trade tensions and inflationary pressures. In this environment, dividend stocks in Asia can offer a stable source of income growth, making them an attractive option for investors seeking to navigate these turbulent times.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.48% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.91% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 5.08% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.05% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
| PAX Global Technology (SEHK:327) | 9.34% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.29% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.26% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.47% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.19% | ★★★★★★ |
Click here to see the full list of 1124 stocks from our Top Asian Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Hong Leong Asia
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Hong Leong Asia Ltd. is an investment holding company that manufactures and distributes powertrain solutions, building materials, and rigid packaging products in China, Singapore, Malaysia, and internationally with a market cap of SGD822.89 million.
Operations: Hong Leong Asia Ltd. generates revenue primarily from its Powertrain Solutions segment, which accounts for SGD3.55 billion, followed by Building Materials at SGD682.33 million.
Dividend Yield: 5.5%
Hong Leong Asia's dividend sustainability is supported by a payout ratio of 34.2% and a cash payout ratio of 26.3%, indicating dividends are well-covered by earnings and cash flows. Despite recent earnings growth, dividends have been volatile over the past decade, with payments not consistently growing. The stock trades at a significant discount to its estimated fair value but offers a lower yield compared to top-tier dividend payers in Singapore.
UOL Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: UOL Group Limited operates in property and hospitality sectors across various countries including Singapore, Australia, the UK, China, and others with a market cap of SGD4.83 billion.
Operations: UOL Group Limited's revenue is primarily derived from Property Development (SGD1.20 billion), Property Investments (SGD562.25 million), Technology Operations (SGD130.85 million), and Hotel Operations, which include Singapore (SGD501.71 million), Australia (SGD130.57 million), and Other regions (SGD186.29 million).