As Asian markets navigate a complex landscape of economic shifts and policy changes, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In light of Japan’s significant interest rate hike and China’s mixed economic signals, identifying stocks with strong dividend yields can offer a measure of stability in these uncertain times.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| Toukei Computer (TSE:4746) | 4.03% | ★★★★★★ |
| System ResearchLtd (TSE:3771) | 4.05% | ★★★★★★ |
| SIGMAXYZ Holdings (TSE:6088) | 5.00% | ★★★★★★ |
| Sakai Moving ServiceLtd (TSE:9039) | 4.10% | ★★★★★★ |
| OUG Holdings (TSE:8041) | 4.20% | ★★★★★★ |
| NCD (TSE:4783) | 5.09% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.17% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.89% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 4.74% | ★★★★★★ |
| Binggrae (KOSE:A005180) | 5.32% | ★★★★★★ |
Click here to see the full list of 1078 stocks from our Top Asian Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Teikoku Tsushin Kogyo Co., Ltd. manufactures and sells electronic components both in Japan and internationally, with a market cap of ¥28.30 billion.
Operations: Teikoku Tsushin Kogyo Co., Ltd. generates revenue through the production and distribution of electronic components across domestic and global markets.
Dividend Yield: 4.1%
Teikoku Tsushin Kogyo has demonstrated an increase in dividend payments over the past decade, with a recent proposal to raise dividends from ¥50 to ¥65 per share for the fiscal year ending March 2027. However, despite a reasonable payout ratio of 73.4%, its dividends are not supported by free cash flow and have been volatile historically. Recent shareholder proposals were opposed by the board, focusing on maintaining balance between growth investment and shareholder returns.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Narasaki Sangyo Co., Ltd. operates in Japan, focusing on the sale of electric machinery, equipment, and petroleum products to both industrial and household sectors, with a market cap of ¥21.42 billion.
Operations: Narasaki Sangyo Co., Ltd.’s revenue primarily comes from its operations in selling electric machinery, equipment, and petroleum products within Japan.
Dividend Yield: 3.1%
Narasaki Sangyo’s dividend yield of 3.11% is below the top quartile in Japan, but its dividends are well-covered by earnings and cash flows, with payout ratios of 26.9% and 37.7%, respectively. The company has consistently increased dividends over the past decade without volatility, indicating reliability and stability. Although trading at a discount to fair value estimates, Narasaki Sangyo’s earnings have grown steadily by 10.2% annually over five years, supporting sustainable dividend payments.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tachibana Eletech Co., Ltd. is a technology-driven trading company operating both in Japan and internationally, with a market cap of ¥68.79 billion.
Operations: Tachibana Eletech Co., Ltd. generates revenue through its operations as a technology-focused trading company in both domestic and international markets.
Dividend Yield: 3.8%
Tachibana Eletech’s dividend yield of 3.77% falls short of Japan’s top quartile, yet dividends are well-covered with a payout ratio of 30.3% and cash payout ratio of 44.4%. Despite past volatility, recent increases to JPY 60 per share for the upcoming fiscal year suggest a commitment to growth through a progressive dividend policy. Trading below market P/E levels at 9.4x, it offers value despite forecasted earnings decline over the next three years.
Where To Now?
- Delve into our full catalog of 1078 Top Asian Dividend Stocks here.
- Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
- Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.
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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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