Simply Wall St
4 min read
As global markets navigate a landscape marked by economic shifts and technological disruptions, Asian equities have shown resilience, with Japan’s stock indices rising amid domestic optimism and China’s manufacturing sector indicating expansion. In this dynamic environment, dividend stocks can offer a measure of stability through regular income streams, making them attractive to investors seeking reliable returns amidst market volatility.
|
Name |
Dividend Yield |
Dividend Rating |
|
Wuliangye YibinLtd (SZSE:000858) |
5.37% |
★★★★★★ |
|
Toukei Computer (TSE:4746) |
4.15% |
★★★★★★ |
|
Torigoe (TSE:2009) |
4.11% |
★★★★★★ |
|
NCD (TSE:4783) |
3.68% |
★★★★★★ |
|
Kondotec (TSE:7438) |
3.44% |
★★★★★★ |
|
HUAYU Automotive Systems (SHSE:600741) |
4.20% |
★★★★★★ |
|
Guangxi LiuYao Group (SHSE:603368) |
4.15% |
★★★★★★ |
|
GakkyushaLtd (TSE:9769) |
4.37% |
★★★★★★ |
|
Changjiang Publishing & MediaLtd (SHSE:600757) |
4.51% |
★★★★★★ |
|
Binggrae (KOSE:A005180) |
4.21% |
★★★★★★ |
Click here to see the full list of 958 stocks from our Top Asian Dividend Stocks screener.
Let’s review some notable picks from our screened stocks.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Japan Tobacco Inc. is a company that manufactures and sells tobacco products, pharmaceuticals, and processed foods both in Japan and internationally, with a market cap of ¥10.72 billion.
Operations: Japan Tobacco Inc.’s revenue primarily comes from its tobacco segment, which generated ¥3.20 billion, followed by the processed food segment with ¥158.97 million.
Dividend Yield: 4.3%
Japan Tobacco’s dividend yield of 4.31% is among the top 25% in Japan, yet its sustainability is questionable due to a high cash payout ratio of 124.4%, indicating dividends are not well covered by free cash flows. Despite a reasonable earnings payout ratio of 66.5%, dividend payments have been volatile over the past decade, lacking reliability and consistent growth. Recent leadership changes might impact future strategic direction and financial policies affecting dividends.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Financial Partners Group Co., Ltd., along with its subsidiaries, offers a range of financial products and services in Japan and has a market capitalization of ¥183.79 billion.
Operations: Financial Partners Group Ltd. generates revenue through its diverse offerings of financial products and services in Japan.