3 Asian Dividend Stocks With Up To 7.4% Yield For Your Portfolio

Amid a backdrop of geopolitical de-escalation and positive economic indicators, Asian markets have been experiencing a modest rebound. In this environment, dividend stocks can offer stability and income potential for investors seeking to navigate the complexities of today’s market landscape.

Click here to see the full list of 994 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: Bank of Ayudhya Public Company Limited, along with its subsidiaries, offers a range of commercial banking products and services to individuals, corporates, small and medium-sized businesses, and financial institutions, with a market cap of THB207.80 billion.

Operations: Bank of Ayudhya Public Company Limited generates revenue through its diverse offerings in commercial banking, catering to individuals, corporates, small and medium-sized enterprises, as well as financial institutions.

Dividend Yield: 4.6%

Bank of Ayudhya’s dividend yield is relatively low at 4.6% compared to the top tier in Thailand, but its payout ratio of 29.1% indicates dividends are well covered by earnings. Despite a volatile dividend history over the past decade, recent increases suggest growth potential. Earnings have shown improvement, with first-quarter net income rising to THB 8.62 billion from THB 7.53 billion year-on-year, supporting future dividend sustainability amidst a high bad loans ratio of 4%.

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Azeus Systems Holdings Ltd. is an investment holding company that offers IT products and services across various regions including Asia, Europe, Australasia, the Americas, the Middle East, and Africa with a market cap of SGD362.10 million.

Operations: Azeus Systems Holdings Ltd. generates revenue primarily from two segments: IT Services, which contributes HK$80.92 million, and Azeus Products Sales, accounting for HK$410.01 million.

Dividend Yield: 7.4%

Azeus Systems Holdings offers an interim dividend of HK$1.60 per share, but its high payout ratio of 99.2% suggests dividends are not well covered by earnings, though cash flow coverage is adequate at 83.4%. Despite a strong recent earnings growth of 56.2%, the dividend yield of 7.44% is attractive yet unreliable due to historical volatility and lack of consistent growth over the past decade, raising concerns about long-term sustainability.

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Argosy Research Inc. manufactures and sells electronic components and connectors across Asia, the United States, and internationally with a market cap of NT$16.04 billion.

Operations: Argosy Research Inc. generates revenue from the manufacturing and sale of electronic components and connectors in various global markets, including Asia and the United States.

Dividend Yield: 5%

Argosy Research’s dividend payments have increased over the past decade but remain unreliable due to volatility. With a 4.95% yield, it trails the top quartile of Taiwan’s market. Despite this, dividends are covered by earnings and cash flows with payout ratios of 70.3% and 76.1%, respectively, indicating sustainability for now. Recent earnings growth of 12.8% supports potential stability, though historical fluctuations warrant caution for long-term investors seeking consistent 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.

Companies discussed in this article include SET:BAY SGX:BBW and TPEX:3217.

This article was originally published by Simply Wall St.

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