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% | 84.63% | 10.49% | 0.12% | 3.92% | 4.23% |
| Honda Motor | 4.05% | 33.35% | 6.09% | 0.49% | 0.08% | 3.37% | 3.28% |
| Aflac | 2.47% | 27.72% | 15.31% | 2.35% | 0.16% | 13.12% | 2.92% |
| Indian Oil | 5.84% | 0.00% | 15.50% | 0.91% | 0.06% | 22.87% | -2.15% |
| Bajaj Auto | 0.93% | 0.00% | 31.96% | 7.77% | 0.25% | 5.92% | 4.81% |
| Coal India | 7.16% | 0.00% | 6.59% | 2.36% | 0.41% | 34.76% | -1.09% |
| Vedanta | 7.91% | 0.00% | 12.84% | 4.41% | 0.34% | 78.47% | 25.34% |
| Torrent Power | 1.43% | 0.00% | 26.00% | 4.61% | 0.19% | 26.19% | 41.42% |
| Tech Mahindra | 2.55% | 0.00% | 39.86% | 5.65% | 0.14% | 25.16% | 15.70% |
| Muthoot Finance | 1.06% | 0.00% | 17.92% | 3.18% | 0.19% | 14.87% | 13.11% |
| Petronet LNG | 3.51% | 0.00% | 11.75% | 2.26% | 0.21% | 0.00% | 17.46% |
| PTT | 6.45% | 92.32% | 7.82% | 0.79% | 0.10% | -0.97% | -17.68% |
| United Overseas Bank | 4.55% | 53.19% | 11.42% | 1.43% | 0.12% | 7.25% | 8.01% |
| Keppel | 5.02% | 82.37% | 16.76% | 1.12% | 0.07% | 8.51% | -2.68% |
| Sun TV Network | 3.08% | 0.00% | 13.19% | 2.04% | 0.17% | 9.16% | 5.30% |
| China Unicom | 4.46% | 0.00% | 13.35% | 0.74% | 0.06% | 21.80% | 10.88% |
| Power Finance | 4.25% | 18.25% | 5.48% | 1.11% | 0.20% | 2.59% | 8.45% |
| Tata Consultancy Services | 3.01% | 54.98% | 28.08% | 13.49% | 0.52% | 18.57% | 8.23% |
| Maruti Suzuki India | 0.99% | 0.00% | 27.37% | 4.47% | 0.18% | 9.34% | 26.41% |
| Hindustan Petroleum | 3.39% | 0.00% | 11.46% | 1.51% | 0.13% | 0.00% | 0.00% |
| NHPC | 4.42% | 0.00% | 27.59% | 1.65% | 0.06% | 5.41% | 20.27% |
| Procter & Gamble Health | 1.15% | 0.00% | 36.63% | 14.19% | 0.34% | -9.99% | 40.78% |
| HCL Technologies | 2.80% | 66.64% | 27.19% | 6.74% | 0.33% | 46.51% | 7.58% |
| Hindustan Unilever | 2.36% | 0.00% | 49.22% | 10.41% | 0.21% | 17.17% | 14.66% |
| ITC | 3.44% | 0.00% | 25.21% | 6.75% | 0.27% | 19.05% | 8.65% |
| State Bank of India | 1.88% | 0.00% | 8.18% | 1.35% | 0.18% | 0.00% | 0.00% |
| Bharat Petroleum | 5.99% | 0.00% | 8.04% | 1.43% | 0.18% | -11.18% | -4.70% |
| JSW Steel | 0.75% | 0.00% | 72.23% | 2.99% | 0.04% | 12.23% | -4.02% |
| Nestlé India | 1.16% | 20.86% | 65.37% | 54.19% | 0.95% | -29.26% | -19.91% |
| Dabur India | 1.06% | 0.00% | 51.27% | 8.89% | 0.18% | 13.66% | 9.35% |
| UltraTech Cement | 0.62% | 0.00% | 52.11% | 5.30% | 0.10% | 43.51% | 22.77% |
| Power Grid of India | 4.09% | 0.00% | 15.35% | 2.59% | 0.18% | 7.12% | 16.37% |
| Oil and Natural Gas | 5.86% | 0.00% | 7.27% | 0.82% | 0.11% | 12.30% | 2.78% |
| Bharti Airtel | 0.64% | 27.36% | 38.66% | 9.19% | 0.27% | 0.00% | 0.00% |
| Larsen & Toubro | 0.87% | 0.00% | 31.88% | 4.98% | 0.15% | 9.24% | 6.99% |
| Bajaj Finance | 0.43% | 0.00% | 35.07% | 6.46% | 0.21% | 43.10% | 16.23% |
| Grasim Industries | 0.41% | 0.00% | 42.52% | 1.77% | 0.04% | 7.39% | -7.15% |
| Tata Consumer Products | 0.75% | 0.00% | 87.61% | 5.27% | 0.07% | 25.38% | 13.16% |
| Adani Ports and Special Economic Zone | 0.54% | 0.00% | 23.73% | 4.20% | 0.19% | 97.44% | 19.62% |
| Godrej Consumer Products | 2.38% | 0.00% | -237.00% | 8.82% | -0.03% | 0.00% | 0.00% |
| Sun Pharmaceutical Industries | 0.91% | 0.00% | 35.72% | 5.91% | 0.17% | 37.47% | 24.57% |
| NTPC | 2.62% | 0.00% | 13.89% | 1.81% | 0.13% | 8.16% | 4.58% |
| Hero MotoCorp | 6.19% | 0.00% | 18.68% | 4.08% | 0.23% | 9.98% | 3.95% |