Market Overview
As Asian markets face a complex economic situation, with Japan seeing a slight downturn and China showing slight gains in manufacturing, investors are turning their attention towards dividend stocks for steady income. In this climate, choosing stocks that provide reliable dividends can help secure a stable revenue stream amid market volatility.
Popular Dividend Stocks
Here are some noteworthy dividend stocks to consider:
|
Name |
Dividend Yield |
Dividend Rating |
|
Yamato Kogyo (TSE:5444) |
3.61% |
★★★★★★ |
|
Wuliangye Yibin Ltd (SZSE:000858) |
5.35% |
★★★★★★ |
|
Torigoe (TSE:2009) |
4.21% |
★★★★★★ |
|
NCD (TSE:4783) |
3.60% |
★★★★★★ |
|
HUAYU Automotive Systems (SHSE:600741) |
3.86% |
★★★★★★ |
|
Guangxi LiuYao Group (SHSE:603368) |
4.08% |
★★★★★★ |
|
Gakkyusha Ltd (TSE:9769) |
4.34% |
★★★★★★ |
|
Changjiang Publishing & Media Ltd (SHSE:600757) |
4.63% |
★★★★★★ |
|
Business Brain Showa-Ota (TSE:9658) |
3.74% |
★★★★★★ |
|
Binggrae (KOSE:A005180) |
4.48% |
★★★★★★ |
Click here to see the full list of 994 stocks from our Top Asian Dividend Stocks screener.
Highlighted Stock: Yagami Inc.
Yagami Inc. operates in the educational sector in Japan and has a market capitalization of ¥25.78 billion. The company generates revenue from Industrial Equipment, Scientific Equipment, and Health & Medical Equipment. Its dividend yield stands at 5.8%, showing a steady increase over the last ten years. However, concerns arise due to a high cash payout ratio of 141.9%, making sustainability of dividends a potential issue.
Other Noteworthy Dividends
Another example is First Gen Corporation in the Philippines, with a market capitalization of ₱68.48 billion. The company has faced dividend volatility but maintains a dividend yield of 4.2%, which is well-supported by earnings.
This article by Simply Wall St serves only as a general overview and does not substitute for personalized financial advice. It is advised to consider your unique objectives and financial situation when making investment decisions.
