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% | 32.40% | 4.02% | 0.12% | 2.65% | 6.31% |
| Honda Motor | 4.21% | 33.52% | 6.13% | 0.49% | 0.08% | 0.68% | -2.29% |
| Aflac | 1.75% | 27.72% | 16.70% | 2.56% | 0.16% | 5.26% | 1.70% |
| Indian Oil | 5.05% | 0.00% | 11.17% | 1.08% | 0.10% | -22.02% | 2.58% |
| Bajaj Auto | 0.89% | 0.00% | 34.16% | 8.13% | 0.25% | 18.47% | 12.02% |
| Coal India | 6.23% | 0.00% | 7.35% | 2.67% | 0.42% | 0.62% | 5.76% |
| Vedanta | 7.94% | 0.00% | 15.46% | 4.68% | 0.30% | 10.35% | 44.27% |
| Torrent Power | 1.06% | 0.00% | 32.36% | 5.45% | 0.18% | 27.73% | 23.86% |
| Tech Mahindra | 2.51% | 0.00% | 46.32% | 5.73% | 0.12% | 25.74% | 13.41% |
| Muthoot Finance | 1.25% | 0.00% | 16.45% | 2.89% | 0.19% | 17.08% | 11.36% |
| Petronet LNG | 3.00% | 0.00% | 12.68% | 2.65% | 0.23% | 0.00% | 14.87% |
| PTT | 6.02% | 92.32% | 8.39% | 0.85% | 0.10% | -34.87% | -19.42% |
| United Overseas Bank | 3.57% | 53.19% | 21.75% | 2.72% | 0.12% | 7.05% | 7.95% |
| Keppel | 5.60% | 82.37% | 32.73% | 2.24% | 0.07% | 55.24% | 12.13% |
| Sun TV Network | 1.38% | 0.00% | 16.28% | 2.64% | 0.17% | 6.96% | 6.58% |
| China Unicom | 6.92% | 0.00% | 9.19% | 0.51% | 0.06% | 40.01% | 10.88% |
| Power Finance | 3.27% | 19.20% | 7.50% | 1.44% | 0.19% | 2.59% | 7.62% |
| Tata Consultancy Services | 1.33% | 56.51% | 32.57% | 15.22% | 0.51% | 11.13% | 7.62% |
| Maruti Suzuki India | 1.13% | 0.00% | 24.72% | 3.89% | 0.17% | 2.38% | 27.38% |
| Hindustan Petroleum | 5.48% | 0.00% | 19.43% | 1.78% | 0.09% | 0.00% | 0.00% |
| NHPC | 2.33% | 0.00% | 27.61% | 1.81% | 0.07% | 5.73% | 11.92% |
| Procter & Gamble Health | 2.92% | 0.00% | 39.18% | 15.85% | 0.30% | 57.42% | 50.09% |
| HCL Technologies | 2.92% | 67.59% | 29.78% | 7.27% | 0.33% | 44.27% | 15.34% |
| Hindustan Unilever | 1.36% | 0.00% | 57.11% | 11.55% | 0.20% | 13.75% | 13.28% |
| ITC | 2.88% | 0.00% | 29.04% | 7.93% | 0.28% | 11.18% | 5.24% |
| State Bank of India | 1.63% | 0.00% | 10.46% | 1.62% | 0.17% | 0.00% | 0.00% |
| Bharat Petroleum | 7.19% | 0.00% | 9.51% | 1.62% | 0.18% | 3.55% | 8.56% |
| JSW Steel | 0.76% | 0.00% | 47.14% | 2.96% | 0.06% | 1.22% | -10.23% |
| Nestlé India | 0.81% | 20.86% | 67.24% | 55.74% | 0.95% | 16.45% | 17.44% |
| Dabur India | 1.05% | 0.00% | 51.62% | 8.91% | 0.18% | 16.87% | 13.04% |
| UltraTech Cement | 0.62% | 0.00% | 49.28% | 5.26% | 0.11% | 29.34% | 15.49% |
| Power Grid of India | 3.43% | 0.00% | 20.28% | 3.46% | 0.18% | 21.24% | 17.46% |
| Oil and Natural Gas | 4.85% | 0.00% | 7.80% | 0.92% | 0.12% | 23.28% | 0.76% |
| Bharti Airtel | 0.65% | 55.39% | 76.75% | 10.81% | 0.15% | 0.00% | 0.00% |
| Larsen & Toubro | 0.75% | 0.00% | 38.16% | 5.78% | 0.15% | -17.81% | -6.95% |
| Bajaj Finance | 0.55% | 0.00% | 26.46% | 4.69% | 0.20% | 49.63% | 14.87% |
| Grasim Industries | 0.38% | 0.00% | 38.69% | 1.87% | 0.04% | 9.95% | -7.83% |
| Tata Consumer Products | 0.80% | 0.00% | 80.10% | 4.82% | 0.07% | 27.57% | 14.66% |
| Adani Ports and Special Economic Zone | 0.51% | 0.00% | 25.70% | 4.41% | 0.18% | 20.11% | 17.46% |
| Godrej Consumer Products | 1.64% | 0.00% | -337.00% | 10.25% | -0.03% | 0.00% | 0.00% |
| Sun Pharmaceutical Industries | 0.75% | 0.00% | 38.96% | 6.23% | 0.17% | 41.88% | 16.49% |
| NTPC | 2.47% | 0.00% | 15.97% | 2.10% | 0.14% | 13.16% | 9.38% |
| Hero MotoCorp | 1.37% | 0.00% | 23.01% | 5.01% | 0.23% | 1.03% | 5.24% |