Asian Dividend Stocks with Attractive Yields

Asian investors are seeking dividend stocks with attractive yields to mitigate market uncertainty. Yamato Kogyo, NCD, Japan Excellent, HUAYU Automotive Systems, GakkyushaLtd, E J Holdings, DoshishaLtd, Daito Trust ConstructionLtd, Daicel, and CAC Holdings are among the top 10 Asian dividend stocks with yields of at least 4.43%. S.A.S. Dragon Holdings and Inner Mongolia Berun Chemical are two prime choices with yields of 8.7% and 4.76%, respectively.

Amidst rising consumer inflation in the U.S. and mixed economic signals from Europe and Asia, investors are increasingly turning to dividend stocks for a steady income stream. This trend is particularly evident in Asia, where several high-yield dividend stocks are drawing attention. According to a recent report, the top 10 Asian dividend stocks, such as Yamato Kogyo (TSE:5444) with a yield of 4.43%, NCD (TSE:4783) at 4.21%, and Japan Excellent (TSE:8987) at 4.27%, offer attractive yields [1].

S.A.S. Dragon Holdings Limited, an investment holding company offering electronic supply chain services, stands out with an impressive dividend yield of 8.7%. Despite a history of volatile dividends, the company recently declared a final dividend of HK$25 per share for 2024, reflecting its commitment to shareholder returns [1]. The company's payout ratio of 49.9% indicates that dividends are well-covered by earnings and cash flows, suggesting sustainability. However, the company's dividend reliability is questionable due to past volatility.

Inner Mongolia Berun Chemical Company Limited, another prime choice, offers a yield of 4.76%. The company operates in China, focusing on soda ash, methanol, fertilizers, and agricultural production materials. Its market cap is CN¥20.34 billion [1].

In addition to these Asian stocks, some consumer staples companies listed on Wall Street are also offering high dividend yields. Conagra Brands, Inc. (CAG) has a yield of 7.37%, while Altria Group, Inc. (MO) offers 6.98% and The J. M. Smucker Company (SJM) provides 4.14% [2].

These dividend stocks offer investors a way to mitigate market uncertainty by providing a steady income stream. However, investors should carefully consider each company's dividend history and reliability, as well as its overall financial health, before making investment decisions.

References:
[1] https://ca.finance.yahoo.com/news/3-asian-dividend-stocks-consider-043144806.html
[2] https://www.benzinga.com/trading-ideas/dividends/25/07/46439084/wall-streets-most-accurate-analysts-give-their-take-on-3-risk-off-stocks-delivering-high-dividend-yields-2