3 Asian Dividend Stocks Offering Up To 4.8% Yield
As geopolitical tensions in the Middle East and fluctuating oil prices continue to influence global markets, Asian equities have shown resilience, with indices like Japan's Nikkei 225 and China's CSI 300 posting gains. In such a dynamic environment, dividend stocks can offer investors a degree of stability and income potential, making them an attractive option for those looking to navigate market volatility while seeking consistent returns.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| SIGMAXYZ Holdings (TSE:6088) | 4.39% | ★★★★★★ |
| Sakai Moving ServiceLtd (TSE:9039) | 3.86% | ★★★★★★ |
| OUG Holdings (TSE:8041) | 3.81% | ★★★★★★ |
| NCD (TSE:4783) | 4.84% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 6.17% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 4.44% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.66% | ★★★★★★ |
| Changjiang Publishing & MediaLtd (SHSE:600757) | 5.18% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 4.46% | ★★★★★★ |
| Binggrae (KOSE:A005180) | 4.96% | ★★★★★★ |
Click here to see the full list of 1059 stocks from our Top Asian Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
PICC Property and Casualty (SEHK:2328)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: PICC Property and Casualty Company Limited operates in the property and casualty insurance sector in the People's Republic of China, with a market cap of HK$360.78 billion.
Operations: PICC Property and Casualty Company Limited generates its revenue from various segments, including CN¥30.53 billion from Motor Vehicle Insurance, CN¥61.78 billion from Accidental Injury and Health Insurance, CN¥54.56 billion from Agriculture Insurance, CN¥38.59 billion from Liability Insurance, CN¥32.84 billion from Other Insurance categories, and CN¥17.44 billion from Commercial Property Insurance in the People's Republic of China.
Dividend Yield: 4.9%
PICC Property and Casualty's dividends are well-covered by earnings and cash flows, with payout ratios of 37.5% and 38.2%, respectively. Despite a volatile dividend track record over the past decade, recent increases in dividend payments reflect a positive trend. The stock is trading significantly below its estimated fair value, offering potential for capital appreciation alongside its dividends. Recent board changes may influence strategic direction but have not impacted dividend policy as of now.
- Unlock comprehensive insights into our analysis of PICC Property and Casualty stock in this dividend report.
- Our valuation report unveils the possibility PICC Property and Casualty's shares may be trading at a discount.
Zhejiang Jasan Holding Group (SHSE:603558)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Zhejiang Jasan Holding Group Co., Ltd. manufactures and sells knitted sportswear internationally, with a market cap of CN¥4.26 billion.
Operations: Zhejiang Jasan Holding Group Co., Ltd. generates revenue through the production and distribution of knitted sportswear across various international markets, including Europe, the United States, China, Japan, Asia, and Australia.
Dividend Yield: 4.6%
Zhejiang Jasan Holding Group's dividend yield of 4.64% is among the top 25% in China, but its sustainability is questionable due to high payout ratios and insufficient free cash flow coverage. Despite a decade-long increase in dividends, payments have been volatile with significant annual drops. The company's recent share buyback may indicate confidence, yet dividends remain unreliable. Trading at a price-to-earnings ratio of 9.8x suggests good relative value compared to the market average.
- Dive into the specifics of Zhejiang Jasan Holding Group here with our thorough dividend report.
- Upon reviewing our latest valuation report, Zhejiang Jasan Holding Group's share price might be too pessimistic.
Sankyo (TSE:6417)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sankyo Co., Ltd. is a Japanese company that manufactures and sells game machines and ball bearing supply systems, with a market cap of ¥364.51 billion.
Operations: Sankyo Co., Ltd. generates revenue primarily from its Pachinko Machine Related Business at ¥119.81 billion, followed by the Pachislo (Slot Machine)-Related Segment at ¥43.44 billion, and the Supply Equipment Related Business at ¥15.54 billion.
Dividend Yield: 4.3%
Sankyo's dividend yield ranks in the top 25% of Japanese dividend payers, supported by a low payout ratio of 39.5%, indicating earnings and cash flows cover dividends well. However, past payments have been volatile, with recent decreases from ¥60 to ¥45 per share for March 2026. The planned increase to ¥80 for March 2027 reflects a performance-linked policy targeting a 40% payout ratio. Sankyo's strategic expansion into software via its new subsidiary could enhance long-term value.
- Take a closer look at Sankyo's potential here in our dividend report.
- Insights from our recent valuation report point to the potential undervaluation of Sankyo shares in the market.
Turning Ideas Into Actions
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Interested In Other Possibilities?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
- Find companies with promising cash flow potential yet trading below their fair value.
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.
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