Best 43 Asia Dividend Stocks for High Returns in 2024
Asia is home to some of the fastest-growing economies in the world, and many companies in the region offer attractive dividend payouts. Investing in Asia dividend stocks can provide a steady stream of income while tapping into the growth potential of emerging and developed markets alike. Whether you’re looking for high-yield stocks or stable, long-term dividend performers, Asia’s diverse markets offer a range of opportunities for dividend investors. In this post, we’ll explore the best Asia dividend stocks, offering a comprehensive list of companies that consistently reward their shareholders with regular dividends. These stocks can help you build a diversified, income-generating portfolio while benefiting from the dynamic growth of the region.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Toyota Motor | 0.02% | 23.74% | 87.85% | 10.90% | 0.12% | 3.92% | 4.23% |
| Honda Motor | 3.93% | 33.52% | 6.84% | 0.54% | 0.08% | 3.37% | 3.28% |
| Aflac | 1.88% | 27.72% | 15.57% | 2.39% | 0.16% | 13.12% | 2.92% |
| Indian Oil | 5.51% | 0.00% | 10.24% | 0.99% | 0.10% | 22.87% | -2.15% |
| Bajaj Auto | 0.93% | 0.00% | 32.45% | 7.72% | 0.25% | 5.92% | 4.81% |
| Coal India | 6.28% | 0.00% | 7.29% | 2.65% | 0.42% | 0.62% | 5.76% |
| Vedanta | 7.45% | 0.00% | 15.33% | 4.64% | 0.30% | 78.47% | 25.34% |
| Torrent Power | 1.07% | 0.00% | 31.98% | 5.39% | 0.18% | 26.19% | 41.42% |
| Tech Mahindra | 2.55% | 0.00% | 45.65% | 5.65% | 0.12% | 25.16% | 15.70% |
| Muthoot Finance | 1.10% | 0.00% | 18.71% | 3.29% | 0.19% | 14.87% | 13.11% |
| Petronet LNG | 2.98% | 0.00% | 12.72% | 2.66% | 0.23% | 0.00% | 14.87% |
| PTT | 6.25% | 92.32% | 8.07% | 0.82% | 0.10% | -34.87% | -19.42% |
| United Overseas Bank | 3.51% | 53.19% | 22.10% | 2.77% | 0.12% | 7.05% | 7.95% |
| Keppel | 3.79% | 82.37% | 33.20% | 2.27% | 0.07% | 55.24% | 12.13% |
| Sun TV Network | 2.05% | 0.00% | 16.18% | 2.63% | 0.17% | 6.96% | 6.58% |
| China Unicom | 6.12% | 0.00% | 10.40% | 0.58% | 0.06% | 21.80% | 10.88% |
| Power Finance | 3.06% | 19.20% | 8.02% | 1.55% | 0.19% | 2.59% | 7.62% |
| Tata Consultancy Services | 1.78% | 54.98% | 31.22% | 15.00% | 0.52% | 18.57% | 8.23% |
| Maruti Suzuki India | 1.11% | 0.00% | 25.29% | 3.98% | 0.17% | 2.38% | 27.38% |
| Hindustan Petroleum | 5.86% | 0.00% | 18.17% | 1.66% | 0.09% | 0.00% | 0.00% |
| NHPC | 2.41% | 0.00% | 26.72% | 1.75% | 0.07% | 5.41% | 20.27% |
| Procter & Gamble Health | 1.95% | 0.00% | 43.01% | 17.40% | 0.30% | 57.42% | 50.09% |
| HCL Technologies | 3.01% | 67.59% | 28.88% | 7.06% | 0.33% | 46.51% | 7.58% |
| Hindustan Unilever | 2.26% | 0.00% | 53.65% | 10.85% | 0.20% | 17.17% | 14.66% |
| ITC | 3.18% | 0.00% | 26.37% | 7.20% | 0.28% | 19.05% | 8.65% |
| State Bank of India | 1.79% | 0.00% | 9.56% | 1.48% | 0.17% | 0.00% | 0.00% |
| Bharat Petroleum | 3.84% | 0.00% | 8.91% | 1.52% | 0.18% | -11.18% | -4.70% |
| JSW Steel | 0.81% | 0.00% | 44.25% | 2.78% | 0.06% | 12.23% | -4.02% |
| Nestlé India | 0.82% | 20.86% | 66.41% | 55.05% | 0.95% | 16.45% | 17.44% |
| Dabur India | 1.09% | 0.00% | 50.17% | 8.66% | 0.18% | 16.87% | 13.04% |
| UltraTech Cement | 0.66% | 0.00% | 46.79% | 5.00% | 0.11% | 43.51% | 22.77% |
| Power Grid of India | 3.57% | 0.00% | 19.47% | 3.32% | 0.18% | 21.24% | 17.46% |
| Oil and Natural Gas | 4.83% | 0.00% | 7.83% | 0.92% | 0.12% | 23.28% | 0.76% |
| Bharti Airtel | 0.65% | 55.39% | 76.77% | 10.81% | 0.15% | 0.00% | 0.00% |
| Larsen & Toubro | 0.71% | 0.00% | 40.14% | 6.08% | 0.15% | -17.81% | -6.95% |
| Bajaj Finance | 0.50% | 0.00% | 28.90% | 5.12% | 0.20% | 43.10% | 16.23% |
| Grasim Industries | 0.43% | 0.00% | 34.90% | 1.68% | 0.04% | 7.39% | -7.15% |
| Tata Consumer Products | 0.82% | 0.00% | 78.28% | 4.71% | 0.07% | 27.57% | 14.66% |
| Adani Ports and Special Economic Zone | 0.52% | 0.00% | 25.63% | 4.40% | 0.18% | 97.44% | 19.62% |
| Godrej Consumer Products | 1.77% | 0.00% | -311.88% | 9.49% | -0.03% | 0.00% | 0.00% |
| Sun Pharmaceutical Industries | 0.75% | 0.00% | 39.12% | 6.26% | 0.17% | 41.88% | 16.49% |
| NTPC | 2.76% | 0.00% | 14.30% | 1.88% | 0.14% | 8.16% | 4.58% |
| Hero MotoCorp | 3.44% | 0.00% | 19.69% | 4.29% | 0.23% | 9.98% | 3.95% |