Asian Dividend Stocks Offering Yields Up To 12.5%
In recent months, Asian markets have experienced fluctuations influenced by global economic uncertainties and geopolitical tensions, with investor attention keenly focused on inflation trends and central bank policies. Amid this backdrop, dividend stocks in Asia present an attractive opportunity for income-seeking investors, particularly those offering yields up to 12.5%, as they can provide a steady income stream even during volatile market conditions.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| SIGMAXYZ Holdings (TSE:6088) | 4.74% | ★★★★★★ |
| Sakai Moving ServiceLtd (TSE:9039) | 3.91% | ★★★★★★ |
| OUG Holdings (TSE:8041) | 3.81% | ★★★★★★ |
| Kyoritsu Electric (TSE:6874) | 3.78% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.84% | ★★★★★★ |
| CTCI Advanced Systems (TPEX:5209) | 8.05% | ★★★★★★ |
| Changjiang Publishing & MediaLtd (SHSE:600757) | 5.37% | ★★★★★★ |
| Binggrae (KOSE:A005180) | 4.27% | ★★★★★★ |
| Argosy Research (TPEX:3217) | 6.50% | ★★★★★★ |
| 104 (TWSE:3130) | 6.93% | ★★★★★★ |
Click here to see the full list of 1029 stocks from our Top Asian Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
SBS Transit (SGX:S61)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SBS Transit Ltd operates public transport services and provides land transport consultancy in Singapore, with a market cap of SGD1.23 billion.
Operations: SBS Transit Ltd generates its revenue from public transport operations and land transport consultancy services in Singapore.
Dividend Yield: 12.6%
SBS Transit's dividend yield of 12.59% ranks in the top 25% of Singapore's market, yet its sustainability is questionable due to a high cash payout ratio of 119.5%, indicating dividends aren't well-covered by free cash flows. Despite an increase in dividend payments over the past decade, they have been volatile and unreliable, with substantial annual drops. Recent earnings show slight declines in net income and EPS compared to last year, potentially affecting future payouts.
- Unlock comprehensive insights into our analysis of SBS Transit stock in this dividend report.
- In light of our recent valuation report, it seems possible that SBS Transit is trading beyond its estimated value.
Jangho Group (SHSE:601886)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jangho Group Co., Ltd. operates in the building decoration and medical health sectors both in China and internationally, with a market cap of CN¥14.42 billion.
Operations: Jangho Group Co., Ltd.'s revenue is derived from its operations in the building decoration and medical health sectors across China and international markets.
Dividend Yield: 3.9%
Jangho Group's dividend yield of 3.93% is among the top 25% in China, but its sustainability is concerning due to a high payout ratio of 93.8%, indicating dividends aren't well-covered by earnings. Despite growth in dividend payments over the past decade, they have been volatile and unreliable. Recent half-year earnings show increased sales and net income, suggesting potential for improved financial stability, yet large one-off items affect quality of earnings.
- Get an in-depth perspective on Jangho Group's performance by reading our dividend report here.
- In light of our recent valuation report, it seems possible that Jangho Group is trading behind its estimated value.
Tokyo Sangyo (TSE:8070)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tokyo Sangyo Co., Ltd. manufactures and sells machinery, plant facilities, materials, tools, and chemicals both in Japan and internationally with a market cap of ¥24.76 billion.
Operations: The company's revenue segments include machinery at ¥74.23 billion, plant facilities at ¥50.67 billion, materials at ¥12.45 billion, tools at ¥8.32 billion, and chemicals at ¥5.89 billion.
Dividend Yield: 4.2%
Tokyo Sangyo's dividend yield of 4.22% ranks in the top 25% in Japan, supported by a sustainable payout ratio of 41.4%. While dividends have been stable and growing over six years, their short history may concern some investors. Earnings growth at 21.2% annually over five years indicates strong financial health, though large one-off items affect earnings quality. Trading significantly below estimated fair value suggests potential undervaluation for dividend-focused investors.
- Dive into the specifics of Tokyo Sangyo here with our thorough dividend report.
- The analysis detailed in our Tokyo Sangyo valuation report hints at an deflated share price compared to its estimated value.
Seize The Opportunity
- Click this link to deep-dive into the 1029 companies within our Top Asian Dividend Stocks screener.
- Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
- Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
Looking For Alternative Opportunities?
- 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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