Asian Dividend Stocks And 2 Other Top Picks

As geopolitical tensions and energy market volatility capture global attention, Asian markets have experienced mixed performance, with Japan’s indices declining amidst higher oil prices and China’s technology sector showing resilience. In this environment, dividend stocks in Asia can offer potential stability and income opportunities for investors seeking to navigate these uncertainties.

Top 10 Dividend Stocks In Asia

Click here to see the full list of 1057 stocks from our Top Asian Dividend Stocks screener.

Let’s review some notable picks from our screened stocks.

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

Overview: China Hongqiao Group Limited is an investment holding company that manufactures and sells aluminum products across various regions, including China, India, Europe, Malaysia, North America, and Southeast Asia, with a market cap of approximately HK$225.85 billion.

Operations: The company’s primary revenue segment is the manufacture and sale of aluminum products, generating CN¥162.35 billion.

Dividend Yield: 7.2%

China Hongqiao Group’s dividend payments are covered by earnings and cash flows, with a payout ratio of 62.2% and a cash payout ratio of 49.4%. However, its dividend track record has been volatile over the past decade. The stock trades at 70.9% below estimated fair value and offers a lower yield than top-tier payers in Hong Kong. Recent board changes may impact governance, while the completion of a CNY 10.2 billion bond offering could influence financial flexibility.

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

Overview: China Oilfield Services Limited, with a market cap of HK$52.48 billion, offers integrated oilfield services across China and various international regions including Indonesia, Mexico, Norway, and the Middle East.

Operations: China Oilfield Services Limited generates revenue from four primary segments: Well Services (CN¥12.34 billion), Drilling Services (CN¥15.67 billion), Marine Support and Transportation Services (CN¥8.45 billion), and Geophysical Acquisition and Surveying Services (CN¥9.21 billion).

Dividend Yield: 4.8%

China Oilfield Services Limited approved a final dividend of RMB 0.2825 per share at its AGM, reflecting a sustainable payout ratio of 35.4% covered by earnings and cash flows. Despite recent executive changes, the company’s dividend history has been volatile over the past decade. The stock trades below estimated fair value and offers a lower yield compared to top-tier Hong Kong payers, but its dividends are well-covered by cash flows with a cash payout ratio of 25.4%.

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

Overview: Forth Smart Service Public Company Limited, along with its subsidiaries, offers prepaid mobile top-up services in Thailand and has a market cap of THB6.10 billion.

Operations: Forth Smart Service Public Company Limited generates revenue primarily from its top-up machine services, amounting to THB2.05 billion, and lending activities, which contribute THB414.83 million.

Dividend Yield: 4.9%

Forth Smart Service’s dividend payments, while covered by earnings (50.3% payout ratio) and cash flows (60.5% cash payout ratio), have been volatile over the past decade, reflecting an unstable track record. Recent business expansions, including a joint venture in digital property platforms with THB 20 million registered capital, highlight growth initiatives but do not guarantee dividend stability. The stock trades below estimated fair value and offers a lower yield than top-tier Thai market payers.

Where To Now?

• Get an in-depth perspective on all 1057 Top Asian Dividend Stocks by using our screener here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St’s portfolio, where intuitive tools await to help optimize your investment outcomes.
• 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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