Asian Dividend Stocks To Consider For Your Portfolio
As Asian markets navigate the complexities of rising oil prices and inflationary pressures, investors are increasingly looking towards dividend stocks as a means to generate steady income amidst volatility. A good dividend stock typically offers a reliable payout history and strong financial health, making it an attractive option for those seeking stability in uncertain times.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| Sanwa Holdings (TSE:5929) | 3.84% | ★★★★★★ |
| Sakai Moving ServiceLtd (TSE:9039) | 3.87% | ★★★★★★ |
| Kyoritsu Electric (TSE:6874) | 3.85% | ★★★★★★ |
| Kumagai GumiLtd (TSE:1861) | 3.82% | ★★★★★★ |
| Innotech (TSE:9880) | 3.81% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 6.67% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 4.46% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.90% | ★★★★★★ |
| CTCI Advanced Systems (TPEX:5209) | 7.51% | ★★★★★★ |
| Argosy Research (TPEX:3217) | 6.91% | ★★★★★★ |
Click here to see the full list of 83 stocks from our Top Asian Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Yahagi ConstructionLtd (TSE:1870)
Simply Wall St Dividend Rating: ★★★★★★
Overview: Yahagi Construction Co., Ltd. operates in the construction, civil engineering, and real estate sectors in Japan with a market cap of ¥93.36 billion.
Operations: Yahagi Construction Co., Ltd.'s revenue is derived from its operations in construction, civil engineering, and real estate within Japan.
Dividend Yield: 5.1%
Yahagi Construction Ltd. has recently raised its earnings and dividend forecasts, reflecting improved construction profitability and strategic asset sales. The company anticipates a full-year dividend of JPY 110 per share, up from the previous forecast of JPY 100. With a payout ratio of 48.6% and cash payout ratio of 55.3%, dividends are well-covered by earnings and cash flows, respectively. Yahagi's stable dividend history over the past decade supports its position as a reliable income source in Japan's market.
- Click to explore a detailed breakdown of our findings in Yahagi ConstructionLtd's dividend report.
- The analysis detailed in our Yahagi ConstructionLtd valuation report hints at an deflated share price compared to its estimated value.
Nihon Tokushu Toryo (TSE:4619)
Simply Wall St Dividend Rating: ★★★★★★
Overview: Nihon Tokushu Toryo Co., Ltd. and its subsidiaries manufacture and sell automotive parts and paints in Japan, Asia, and internationally, with a market cap of ¥56.44 billion.
Operations: Nihon Tokushu Toryo Co., Ltd. generates revenue through the manufacturing and sale of automotive parts and paints across Japan, Asia, and international markets.
Dividend Yield: 4.9%
Nihon Tokushu Toryo offers a compelling dividend profile with a yield of 4.9%, placing it in the top 25% of Japan's market. The company's dividends are well-covered by earnings (payout ratio: 45.6%) and cash flows (cash payout ratio: 71.8%). Over the past decade, dividend payments have been stable and reliable, supported by strong financial performance as evidenced by recent earnings growth and positive guidance for upcoming periods.
- Dive into the specifics of Nihon Tokushu Toryo here with our thorough dividend report.
- The valuation report we've compiled suggests that Nihon Tokushu Toryo's current price could be quite moderate.
NCD (TSE:4783)
Simply Wall St Dividend Rating: ★★★★★★
Overview: NCD Co., Ltd. operates in Japan, focusing on system development, support and service, and parking system businesses with a market cap of ¥21.25 billion.
Operations: NCD Co., Ltd.'s revenue is primarily derived from its System Development Business at ¥12.84 billion, Support & Service Business at ¥9.93 billion, and Parking System Business at ¥8.08 billion.
Dividend Yield: 4.5%
NCD Co., Ltd. trades at a discount to its estimated fair value and peers, offering a high dividend yield of 4.53%, among the top 25% in Japan. Dividends are well-supported by earnings (payout ratio: 51.9%) and cash flows (cash payout ratio: 68.2%), with stability over the past decade. Recent guidance confirms consistent dividends of ¥60 per share for fiscal year ending March 2027, alongside expected sales of ¥32 billion and profit of ¥1.83 billion.
- Click here to discover the nuances of NCD with our detailed analytical dividend report.
- Insights from our recent valuation report point to the potential undervaluation of NCD shares in the market.
Taking Advantage
- Unlock our comprehensive list of 83 Top Asian Dividend Stocks by clicking here.
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Want To Explore Some Alternatives?
- 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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