Top Asian Dividend Stocks To Consider In March 2025

editorial-team@simplywallst.com (Simply Wall St)

Thu, Mar 27, 2025, 12:01 AM 4 min read

Amid heightened uncertainty in global markets, Asian indices have shown mixed performances, with Japan’s stock markets rising and China’s experiencing a downturn. As investors navigate these fluctuations, dividend stocks in Asia stand out as potential opportunities for those seeking steady income streams amidst economic uncertainties.

Click here to see the full list of 1116 stocks from our Top Asian Dividend Stocks screener.

Let’s uncover some gems from our specialized screener.

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

Overview: Home Product Center Public Company Limited operates as a home improvement retailer in Thailand, Malaysia, and Vietnam with a market cap of THB101.26 billion.

Operations: Home Product Center’s revenue from retail building products amounts to THB72.58 billion.

Dividend Yield: 5.1%

Home Product Center’s dividend yield of 5.12% is below the top quartile in Thailand, and its dividends have been volatile over the past decade despite some growth. The company recently announced a THB 7 billion share repurchase program to optimize liquidity and improve financial metrics. While dividends are covered by earnings (87%) and cash flows (83.7%), the company’s high debt level may impact future stability. A recent dividend increase suggests ongoing commitment to shareholder returns.

• Unlock comprehensive insights into our analysis of Home Product Center stock in this dividend report.

• The analysis detailed in our Home Product Center valuation report hints at an inflated share price compared to its estimated value.

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

Overview: TYK Corporation manufactures and sells functional refractories and ceramics globally, with a market cap of ¥22.70 billion.

Operations: TYK Corporation’s revenue segments include Functional Refractories at ¥18,500 million and Ceramics at ¥6,200 million.

Dividend Yield: 3.3%

TYK’s dividend payments are well-supported by a low payout ratio of 13% and a cash payout ratio of 23.4%, indicating strong coverage by earnings and cash flows. Despite earnings growth of 20.7% over the past year, TYK’s dividends have been volatile, with an unreliable track record over the last decade. The current dividend yield is lower than the top quartile in Japan, suggesting room for improvement in yield competitiveness despite its trading at a significant discount to fair value estimates.