As 2026 begins, Asian markets are navigating a complex landscape marked by mixed performances in key regions such as Japan and China, with geopolitical tensions and economic policy shifts influencing investor sentiment. Amidst this backdrop, dividend stocks can offer a compelling opportunity for investors seeking steady income streams, particularly when market volatility is prevalent.
| Name | Dividend Yield | Dividend Rating |
| Yamato Kogyo (TSE:5444) | 3.74% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 5.42% | ★★★★★★ |
| Torigoe (TSE:2009) | 4.15% | ★★★★★★ |
| NCD (TSE:4783) | 3.99% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.00% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.44% | ★★★★★★ |
| Changjiang Publishing & MediaLtd (SHSE:600757) | 4.62% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.86% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 3.74% | ★★★★★★ |
| Binggrae (KOSE:A005180) | 4.53% | ★★★★★★ |
Click here to see the full list of 1020 stocks from our Top Asian Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Semirara Mining and Power Corporation is involved in the exploration, development, and mining of coal resources as well as power generation in the Philippines, with a market cap of ₱124.97 billion.
Operations: Semirara Mining and Power Corporation's revenue is primarily derived from its coal segment, generating ₱41.39 billion, and its power segment, contributing ₱24.11 billion.
Dividend Yield: 11.1%
Semirara Mining and Power Corporation recently announced a special cash dividend of PHP 1.25 per share, sourced from unrestricted retained earnings. However, the company's dividends are not well covered by free cash flows despite a low payout ratio of 38.5% indicating coverage by earnings. The high dividend yield of 11.05% places it in the top tier within the Philippine market, but past volatility and unreliable growth raise sustainability concerns for long-term investors.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: PetroChina Company Limited, along with its subsidiaries, operates in various petroleum-related products and services both in Mainland China and internationally, with a market cap of approximately HK$2.06 trillion.
Operations: PetroChina's revenue streams include CN¥2.34 billion from Marketing, CN¥615.17 million from Natural Gas Sales, CN¥842.40 million from Oil, Gas and New Energy, and CN¥1.09 billion from Refining and Chemicals and New Materials.
Dividend Yield: 6%
PetroChina's dividends are supported by earnings (payout ratio: 54.6%) and cash flows (cash payout ratio: 71.7%), yet they have been volatile over the past decade, raising concerns about reliability. The dividend yield of 6.03% is below the top quartile in Hong Kong, and while trading at a discount to fair value, earnings are forecasted to decline slightly. Recently, PetroChina renewed its refined oil agreement with Zhongyou Energy for three years starting January 2026.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Kurabo Industries Ltd. operates in the textile, chemical, technology, food and service, and real estate sectors both in Japan and internationally with a market cap of ¥137.61 billion.
Operations: Kurabo Industries Ltd. generates revenue from its operations in the textile, chemical, technology, food and service, and real estate sectors across domestic and international markets.
Dividend Yield: 3.3%
Kurabo Industries' dividend payments are well-covered by earnings (payout ratio: 16.9%) and cash flows (cash payout ratio: 59.9%), with a stable history over the past decade and recent increases, including a JPY 141 per share dividend for H1 2026. The stock trades at a significant discount to estimated fair value. A recent buyback program aims to enhance shareholder returns, repurchasing up to ¥7 billion worth of shares by September 2026, which may support future dividends.
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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