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 | 2.56% | 23.74% | 8.86% | 1.10% | 0.12% | 3.92% | 4.23% |
| Honda Motor | 3.62% | 33.35% | 6.77% | 0.54% | 0.08% | 3.37% | 3.28% |
| Aflac | 1.94% | 19.97% | 11.00% | 2.30% | 0.22% | 13.12% | 2.92% |
| Indian Oil | 5.59% | 0.00% | 16.18% | 0.95% | 0.06% | 22.87% | -2.15% |
| Bajaj Auto | 1.05% | 0.00% | 28.19% | 6.86% | 0.25% | 5.92% | 4.81% |
| Coal India | 6.92% | 0.00% | 6.82% | 2.44% | 0.41% | 34.76% | -1.09% |
| Vedanta | 7.28% | 0.00% | 13.94% | 4.79% | 0.34% | 78.47% | 25.34% |
| Torrent Power | 1.31% | 0.00% | 28.42% | 5.04% | 0.19% | 26.19% | 41.42% |
| Tech Mahindra | 3.01% | 0.00% | 33.83% | 4.79% | 0.14% | 25.16% | 15.70% |
| Muthoot Finance | 1.04% | 0.00% | 18.35% | 3.26% | 0.19% | 14.87% | 13.11% |
| Petronet LNG | 3.53% | 0.00% | 11.67% | 2.24% | 0.21% | 0.00% | 17.46% |
| PTT | 2.54% | 91.30% | 10.02% | 0.78% | 0.08% | -0.97% | -17.68% |
| United Overseas Bank | 4.54% | 53.19% | 11.53% | 1.29% | 0.12% | 7.25% | 8.01% |
| Keppel | 5.08% | 82.37% | 16.70% | 1.11% | 0.07% | 8.51% | -2.68% |
| Sun TV Network | 2.77% | 0.00% | 12.60% | 1.95% | 0.17% | 9.16% | 5.30% |
| China Unicom | 4.35% | 0.00% | 13.59% | 0.76% | 0.06% | 21.80% | 10.88% |
| Power Finance | 4.32% | 18.25% | 5.40% | 1.09% | 0.20% | 2.59% | 8.45% |
| Tata Consultancy Services | 3.21% | 54.98% | 26.36% | 12.67% | 0.52% | 18.57% | 8.23% |
| Maruti Suzuki India | 1.05% | 0.00% | 25.84% | 4.22% | 0.18% | 9.34% | 26.41% |
| Hindustan Petroleum | 3.40% | 0.00% | 11.44% | 1.50% | 0.13% | 0.00% | 0.00% |
| NHPC | 2.40% | 0.00% | 29.26% | 1.75% | 0.06% | 5.41% | 20.27% |
| Procter & Gamble Health | 1.60% | 0.00% | 35.12% | 13.61% | 0.34% | -14.59% | 37.14% |
| HCL Technologies | 3.08% | 66.64% | 24.74% | 6.13% | 0.33% | 46.51% | 7.58% |
| Hindustan Unilever | 2.41% | 0.00% | 48.15% | 10.19% | 0.21% | 17.17% | 14.66% |
| ITC | 3.42% | 0.00% | 25.38% | 6.79% | 0.27% | 19.05% | 8.65% |
| State Bank of India | 1.86% | 0.00% | 8.29% | 1.37% | 0.18% | 0.00% | 0.00% |
| Bharat Petroleum | 5.91% | 0.00% | 8.15% | 1.45% | 0.18% | -11.18% | -4.70% |
| JSW Steel | 0.72% | 0.00% | 75.24% | 3.12% | 0.04% | 12.23% | -4.02% |
| Nestlé India | 1.16% | 20.86% | 65.44% | 54.24% | 0.95% | -29.26% | -19.91% |
| Dabur India | 1.11% | 0.00% | 48.69% | 8.44% | 0.18% | 13.66% | 9.35% |
| UltraTech Cement | 0.65% | 0.00% | 49.38% | 4.91% | 0.10% | 43.51% | 22.77% |
| Power Grid of India | 4.17% | 0.00% | 15.07% | 2.55% | 0.18% | 7.12% | 16.37% |
| Oil and Natural Gas | 5.98% | 0.00% | 7.13% | 0.81% | 0.11% | 12.30% | 2.78% |
| Bharti Airtel | 0.65% | 27.36% | 38.28% | 9.10% | 0.27% | 0.00% | 0.00% |
| Larsen & Toubro | 0.88% | 0.00% | 31.27% | 4.88% | 0.15% | 9.24% | 6.99% |
| Bajaj Finance | 0.41% | 0.00% | 33.62% | 6.04% | 0.19% | 43.10% | 16.23% |
| Grasim Industries | 0.41% | 0.00% | 41.80% | 1.74% | 0.04% | 7.39% | -7.15% |
| Tata Consumer Products | 0.79% | 0.00% | 83.08% | 4.99% | 0.07% | 25.38% | 13.16% |
| Adani Ports and Special Economic Zone | 0.52% | 0.00% | 24.41% | 4.32% | 0.19% | 97.44% | 19.62% |
| Godrej Consumer Products | 2.48% | 0.00% | -227.96% | 8.48% | -0.03% | 0.00% | 0.00% |
| Sun Pharmaceutical Industries | 0.97% | 0.00% | 33.37% | 5.52% | 0.17% | 37.47% | 24.57% |
| NTPC | 2.45% | 0.00% | 14.89% | 1.94% | 0.13% | 8.16% | 4.58% |
| Hero MotoCorp | 3.93% | 0.00% | 17.17% | 3.75% | 0.23% | 9.98% | 3.95% |