In This Article:
Amid global economic uncertainties and regulatory challenges, Asian markets have been navigating a complex landscape influenced by geopolitical tensions and inflationary pressures. As investors seek stability and income generation in this environment, dividend stocks have emerged as an attractive option due to their potential for providing regular income streams. Identifying strong dividend stocks involves looking for companies with solid financial health, consistent earnings, and a commitment to shareholder returns.
Top 10 Dividend Stocks In Asia
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.52% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.97% | ★★★★★★ |
CAC Holdings (TSE:4725) | 5.19% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.14% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 3.94% | ★★★★★★ |
Nissan Chemical (TSE:4021) | 3.87% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.31% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.48% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.21% | ★★★★★★ |
Chudenko (TSE:1941) | 3.81% | ★★★★★★ |
Click here to see the full list of 1141 stocks from our Top Asian Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
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 international markets with a market cap of approximately HK$87.95 billion.
Operations: Tsingtao Brewery's revenue primarily stems from its beer production and sales operations in Mainland China, Hong Kong, Macau, and international markets.
Dividend Yield: 4%
Tsingtao Brewery's dividend profile shows both strengths and weaknesses. The company has a history of stable and growing dividends over the past decade, supported by high-quality earnings with a reasonable payout ratio of 62.6%. However, its current dividend yield of 4.02% is below top-tier levels in Hong Kong, and cash flow coverage is weak with a cash payout ratio at 150.9%. Recent leadership changes are not expected to disrupt its strategic direction or corporate governance stability.
Dong-E-E-JiaoLtd
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Dong-E-E-Jiao Co., Ltd. engages in the research, development, production, and sale of Ejiao along with various Chinese patent medicines, health foods, and foods, with a market cap of CN¥37.19 billion.