3 Asian Dividend Stocks To Watch With Up To 5.2% Yield

As global markets experience fluctuations, with concerns over AI valuations and economic growth in major regions like the U.S. and Europe, Asia’s stock markets present unique opportunities for investors seeking stability through dividends. In this environment, dividend stocks can be attractive as they offer potential income streams amidst broader market volatility, making them a compelling option for those looking to diversify their portfolios.

Click here to see the full list of 1040 stocks from our Top Asian Dividend Stocks screener.

Let’s take a closer look at a couple of our picks from the screened companies.

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Dong-Ah Geological Engineering Company Ltd. specializes in geological and engineering services, with a market cap of approximately ₩200.97 billion.

Operations: Dong-Ah Geological Engineering Company Ltd. generates revenue primarily from its Civil Engineering segment, amounting to approximately ₩417.16 million.

Dividend Yield: 3.3%

Dong-Ah Geological Engineering’s dividend yield of 3.26% is below the top quartile in Korea, yet its dividends are well-covered by earnings and cash flows, with a payout ratio of 52.4% and a cash payout ratio of 17.9%. Despite volatility in past payments, dividends have grown over the last decade. Recent share buybacks totaling KRW 7,500 million aim to enhance shareholder value and stabilize stock prices, potentially benefiting dividend sustainability indirectly.

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: China Sunsine Chemical Holdings Ltd. is an investment holding company that manufactures and sells specialty chemicals globally, with a market capitalization of SGD729.34 million.

Operations: China Sunsine Chemical Holdings Ltd. generates revenue primarily from its Rubber Chemicals segment, which accounts for CN¥4.32 billion, along with contributions from Heating Power at CN¥194.94 million and Waste Treatment at CN¥27.89 million.

Dividend Yield: 4.6%

China Sunsine Chemical Holdings’ dividends, though historically volatile, are currently well-covered by earnings and cash flows with a payout ratio of 21.4%. The company announced an interim dividend of SGD 0.005 per share and a special dividend for its anniversary, both payable on September 26, 2025. Despite trading below estimated fair value and recent earnings growth, its dividend yield is lower than Singapore’s top quartile payers. Recent buybacks have been minimal at SGD 1.62 million.

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Wah Lee Industrial Corporation operates in Taiwan, focusing on manufacturing materials, engineering and functional plastics, semiconductor process materials, and printed circuit boards with a market cap of NT$26.07 billion.

Operations: Wah Lee Industrial Corporation’s revenue is primarily derived from its operations, contributing NT$47.70 billion, with additional contributions of NT$14.17 billion from Huagang Company and NT$14.95 billion from Shanghai Yikang.

Dividend Yield: 5.3%

Wah Lee Industrial’s dividends have been reliable and stable over the past decade, supported by a sustainable payout ratio of 59.8% and a cash payout ratio of 31%. Although its dividend yield of 5.27% is slightly below Taiwan’s top quartile, it remains attractive due to consistent growth. Recent earnings showed a decline with Q2 net income at TWD 426.95 million compared to TWD 581.3 million last year, but dividends remain well-covered by earnings and cash flows.

• Take a closer look at our Top Asian Dividend Stocks list of 1040 companies by clicking here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include KOSE:A028100 SGX:QES and TWSE:3010.

This article was originally published by Simply Wall St.

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