Top Asian Dividend Stocks To Consider In May 2026

Amidst rising inflation pressures and higher energy costs, Asian markets are navigating a complex economic landscape influenced by global geopolitical tensions and evolving monetary policies. As investors seek stability in this environment, dividend stocks offer a potential source of steady income, making them an attractive consideration for those looking to weather market volatility.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 992 stocks from our Top Asian Dividend Stocks screener.

Let’s dive into some prime choices out of the screener.

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

Overview: Thai Beverage Public Company Limited, along with its subsidiaries, is engaged in the production and distribution of alcoholic and non-alcoholic beverages as well as food products across Thailand, Vietnam, Malaysia, Myanmar, Singapore, and other international markets; it has a market capitalization of approximately SGD11.69 billion.

Operations: Thai Beverage’s revenue segments include alcoholic beverages at THB 195.64 billion, non-alcoholic beverages at THB 47.67 billion, and food products at THB 11.72 billion.

Dividend Yield: 5.2%

Thai Beverage offers a dividend yield in the top 25% of the SG market, supported by a payout ratio of 58.5% and cash flow coverage at 42.3%. However, its dividend history is marked by volatility over the past decade. Recent earnings showed modest growth with Q2 net income rising to THB 7.37 billion from THB 6.74 billion year-on-year, but high debt levels remain a concern despite recent debenture issuance aimed at refinancing existing obligations.

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

Overview: Umios Corporation operates in fishing, fish farming, food processing, trading, meat products, and distribution both in Japan and internationally with a market cap of ¥1.99 trillion.

Operations: Umios Corporation’s revenue segments include fishing, fish farming, food processing, trading, meat products, and distribution.

Dividend Yield: 3.1%

Umios Corporation’s dividend yield of 3.09% is below the top 25% in the JP market, with dividends not well covered by free cash flow despite a low payout ratio of 31.6%. The company has maintained stable and growing dividends over the past decade but recently adjusted its dividend due to a share split. Upcoming fiscal guidance anticipates net sales of ¥1,110 billion and operating income of ¥32 billion, indicating ongoing financial challenges impacting dividend sustainability.

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

Overview: Open Up Group Inc., along with its subsidiaries, specializes in dispatching engineers to manufacturers, construction contractors, and IT companies across Japan, the United Kingdom, and internationally, with a market cap of approximately ¥162.92 billion.

Operations: Open Up Group Inc. generates revenue primarily through the provision of engineering staffing services to manufacturers, construction contractors, and IT firms in Japan, the United Kingdom, and other international markets.

Dividend Yield: 4.4%

Open Up Group’s dividend yield of 4.43% places it among the top 25% in the JP market, supported by a low payout ratio of 28.5%, indicating strong coverage by earnings and cash flows. Despite this, dividends have been volatile over the past decade, with significant annual drops exceeding 20%. The stock trades at a good value compared to peers and is significantly below its estimated fair value, although historical dividend reliability remains a concern.

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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.

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