As global markets grapple with concerns over AI disruption and fluctuating economic indicators, Asia's stock markets have shown resilience, with Japan experiencing a notable surge due to political developments. Amidst this backdrop, dividend stocks in the region offer a potential avenue for investors seeking steady income streams. A good dividend stock typically combines reliable yield with strong fundamentals, making it an attractive option in uncertain times.
Top 10 Dividend Stocks In Asia
| Name |
Dividend Yield |
Dividend Rating |
| Wuliangye YibinLtd (SZSE:000858) |
5.42% |
★★★★★★ |
| Toukei Computer (TSE:4746) |
4.04% |
★★★★★★ |
| Torigoe (TSE:2009) |
4.06% |
★★★★★★ |
| NCD (TSE:4783) |
3.48% |
★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) |
4.20% |
★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) |
4.21% |
★★★★★★ |
| GakkyushaLtd (TSE:9769) |
4.27% |
★★★★★★ |
| Changjiang Publishing & MediaLtd (SHSE:600757) |
4.50% |
★★★★★★ |
| CAC Holdings (TSE:4725) |
5.26% |
★★★★★★ |
| Binggrae (KOSE:A005180) |
3.89% |
★★★★★★ |
Click here to see the full list of 950 stocks from our Top Asian Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
XMH Holdings
Simply Wall St Dividend Rating:★★★★☆☆
Overview:XMH Holdings Ltd. is an investment holding company that offers diesel engine, propulsion, and power generating solutions for the marine and industrial sectors across Singapore, Indonesia, Malaysia, Vietnam, and internationally with a market cap of SGD201.74 million.
Operations:XMH Holdings Ltd. generates revenue through its key segments: Distribution (SGD136.37 million), Projects (SGD81.73 million), and After-Sales (SGD27.25 million).
Dividend Yield:4.3%
XMH Holdings offers a mixed dividend profile. The company's dividends are well-covered by both earnings and cash flows, with a low payout ratio of 1% and a cash payout ratio of 40.8%. However, the dividend history has been volatile over the past decade, with annual drops exceeding 20%. Recent earnings growth—sales increased to S$93.95 million and net income rose to S$15.45 million—suggests potential for improved stability in future payouts.
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Unlock comprehensive insights into our analysis of XMH Holdings stock in this dividend report.
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The valuation report we've compiled suggests that XMH Holdings' current price could be inflated.
Rasa
Simply Wall St Dividend Rating:★★★★★☆
Overview:Rasa Corporation, along with its subsidiaries, engages in the trading and supply of various products across Japan, Singapore, China, Thailand, Asia, and globally with a market capitalization of ¥25.46 billion.
Operations:Rasa Corporation generates revenue through its diverse trading and supply activities across Japan, Singapore, China, Thailand, Asia, and international markets.
Dividend Yield:3.1%
Rasa's dividends are well-supported by a low payout ratio of 17.6% and a cash payout ratio of 44.6%, indicating strong coverage by earnings and cash flows. The company has consistently increased its dividend over the past decade, maintaining stability with minimal volatility. Despite offering a lower yield than top-tier Japanese dividend payers, Rasa's recent share buyback program, with ¥66.94 million spent on repurchasing shares, underscores its commitment to enhancing shareholder value amidst market changes.
J Trust
Simply Wall St Dividend Rating:★★★★☆☆
Overview:J Trust Co., Ltd. provides a range of financial services in Japan and has a market cap of approximately ¥68.77 billion.
Operations:J Trust Co., Ltd. operates through several revenue segments, including financial services in Japan.
Dividend Yield:3.1%
J Trust's dividend payments are covered by a low payout ratio of 36.3% and cash payout ratio of 40.2%, suggesting strong coverage by earnings and cash flows despite a volatile history over the past decade. The company's dividend yield is below the top tier in Japan, but it trades at good value relative to peers. Recent share buybacks totaling ¥63.76 million reflect efforts to enhance shareholder value, though earnings are forecasted to decline annually by 9.9% over three years.
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Take a closer look at J Trust's potential here in our dividend report.
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Our valuation report here indicates J Trust may be undervalued.
Summing It All Up
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Dive into all 950 of the Top Asian Dividend Stocks we have identified here.
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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.
Companies discussed in this article include SGX:BQF TSE:3023 and TSE:8508.
This article was originally published by Simply Wall St .
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