3 Asian Dividend Stocks With Up To 6.4% Yield To Enhance Your Income

As global markets navigate a complex landscape of economic indicators and geopolitical tensions, Asian markets have shown resilience, with Chinese stocks gaining momentum amid hopes for government stimulus. In this environment, dividend stocks can offer a reliable income stream; they are particularly appealing when market conditions are uncertain and investors seek stability alongside potential growth.

Top 10 Dividend Stocks In Asia

Name	Dividend Yield	Dividend Rating
Yamato Kogyo (TSE:5444)	4.53%	★★★★★★
Nissan Chemical (TSE:4021)	4.15%	★★★★★★
NCD (TSE:4783)	4.07%	★★★★★★
Japan Excellent (TSE:8987)	4.36%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.41%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	4.41%	★★★★★★
GakkyushaLtd (TSE:9769)	4.54%	★★★★★★
DoshishaLtd (TSE:7483)	4.21%	★★★★★★
Daicel (TSE:4202)	4.97%	★★★★★★
CAC Holdings (TSE:4725)	4.85%	★★★★★★

Click here to see the full list of 1241 stocks from our Top Asian Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

JB Financial Group (KOSE:A175330)

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

Overview: JB Financial Group Co., Ltd. operates as a provider of banking products and services both in South Korea and internationally, with a market cap of ₩3.98 trillion.

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Dividend Yield: 4.8%

JB Financial Group's dividend payments have been volatile over the past nine years, with a history of annual drops exceeding 20%. Despite this instability, the dividends are well covered by earnings, with a payout ratio currently at 29.4% and forecasted to be 28.6% in three years. The company recently announced a KRW 50 billion share buyback program to enhance shareholder returns and corporate value, indicating a commitment to improving investor appeal amid its good relative trading value.

• Take a closer look at JB Financial Group's potential here in our dividend report.
• According our valuation report, there's an indication that JB Financial Group's share price might be on the cheaper side.

Huishang Bank (SEHK:3698)

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

Overview: Huishang Bank Corporation Limited, along with its subsidiaries, offers a range of commercial banking products and services in Anhui, Jiangsu, and internationally, with a market cap of HK$49.73 billion.

Operations: Huishang Bank Corporation Limited generates revenue from three main segments: Treasury (CN¥5.79 billion), Retail Banking (CN¥4.54 billion), and Corporate Banking (CN¥19.10 billion).

Dividend Yield: 6.4%

Huishang Bank's dividend payments have been volatile over the past decade, yet they are well covered by earnings with a current payout ratio of 20.1%, forecasted to be 18.9% in three years. The bank proposed a final dividend of RMB 0.21 per share for 2024, pending approval on June 30, 2025. Trading at significant discount to estimated fair value, Huishang Bank offers potential appeal despite its lower-than-top-tier dividend yield in Hong Kong.

• Click to explore a detailed breakdown of our findings in Huishang Bank's dividend report.
• Our valuation report here indicates Huishang Bank may be undervalued.

Tianshan Aluminum GroupLtd (SZSE:002532)

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

Overview: Tianshan Aluminum Group Co., Ltd, with a market cap of CN¥38.39 billion, engages in the production and sale of primary aluminum, alumina, prebaked anodes, high-purity aluminum, and deep-processed aluminum products and materials both in China and internationally.

Operations: Tianshan Aluminum Group Co., Ltd generates revenue through the production and sale of primary aluminum, alumina, prebaked anodes, high-purity aluminum, and deep-processed aluminum products and materials.

Dividend Yield: 4.8%

Tianshan Aluminum Group's dividend yield ranks in the top 25% of China's market, with a payout ratio of 38.9% indicating good earnings coverage. Despite recent increases, dividends have been unstable over the past four years. The company approved a CNY 2 per 10 shares dividend for 2024, payable on May 22, 2025. Earnings surged to CNY 1.06 billion in Q1 2025 from CNY 719.82 million a year earlier, supporting its dividend strategy amidst volatile payments.

• Delve into the full analysis dividend report here for a deeper understanding of Tianshan Aluminum GroupLtd.
• Upon reviewing our latest valuation report, Tianshan Aluminum GroupLtd's share price might be too pessimistic.

Next Steps

• Click here to access our complete index of 1241 Top Asian Dividend Stocks.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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