Top Asian Dividend Stocks To Watch In July 2025
As global markets experience a surge driven by favorable trade deals, Asian indices are also reflecting positive sentiment, with notable gains in Japan and China. In this environment of economic optimism and strategic partnerships, dividend stocks in Asia present an attractive opportunity for investors seeking steady income streams amidst the broader market growth.
Top 10 Dividend Stocks In Asia
| Name | Dividend Yield | Dividend Rating |
| Yamato Kogyo (TSE:5444) | 4.23% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 5.11% | ★★★★★★ |
| Japan Excellent (TSE:8987) | 4.22% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.43% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 4.21% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.40% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 4.03% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.45% | ★★★★★★ |
| Daicel (TSE:4202) | 4.59% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.95% | ★★★★★★ |
Click here to see the full list of 1170 stocks from our Top Asian Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
Yamax (TSE:5285)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Yamax Corp. manufactures and sells concrete and cement products for construction and civil engineering projects in Japan, with a market cap of ¥18.56 billion.
Operations: Yamax Corp.'s revenue is primarily derived from its operations in manufacturing and selling concrete and cement products for construction and civil engineering projects within Japan.
Dividend Yield: 3.4%
Yamax offers a stable dividend profile with a 3.45% yield, covered by both earnings and cash flows, despite being slightly below the top 25% of Japanese dividend payers. The payout ratio is low at 19.9%, indicating sustainability, while dividends have grown steadily over the past decade without volatility. With a price-to-earnings ratio of 9.4x, Yamax is valued attractively compared to the broader JP market average of 13.8x, supporting its appeal as a reliable dividend stock in Asia.
- Click here and access our complete dividend analysis report to understand the dynamics of Yamax.
- The analysis detailed in our Yamax valuation report hints at an inflated share price compared to its estimated value.
Daido Steel (TSE:5471)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Daido Steel Co., Ltd. manufactures and sells steel products both in Japan and internationally, with a market cap of ¥224.80 billion.
Operations: Daido Steel Co., Ltd. generates revenue through several segments, including Special Steel Material at ¥280.78 billion, Functional Materials/Magnetic Materials at ¥219.79 billion, Automobile Parts & Industrial Machinery Parts at ¥146.96 billion, Distribution and Services at ¥46.90 billion, and Engineering at ¥24.65 billion.
Dividend Yield: 4.3%
Daido Steel's dividend yield of 4.3% places it among the top 25% in Japan, supported by a payout ratio of 34.9%, ensuring coverage by earnings and cash flows despite an 81.4% cash payout ratio. However, dividends have been volatile over the past decade, with recent reductions from ¥21 to ¥16 per share for Q2 fiscal year ending March 2026. A share buyback program worth ¥7.10 billion aims to enhance shareholder returns and capital efficiency amidst changing market conditions.
- Dive into the specifics of Daido Steel here with our thorough dividend report.
- Our valuation report unveils the possibility Daido Steel's shares may be trading at a discount.
Narasaki Sangyo (TSE:8085)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Narasaki Sangyo Co., Ltd. operates in Japan, selling electric machinery, equipment, and petroleum products to both industry and households, with a market cap of ¥18.16 billion.
Operations: Narasaki Sangyo Co., Ltd.'s revenue is comprised of ¥9.19 billion from the Machine Related Business, ¥16.15 billion from the Shipping Related Business, ¥29.29 billion from the Electrical Related Business, and ¥58.41 billion from the Construction Energy Related Business.
Dividend Yield: 3.6%
Narasaki Sangyo's dividend yield of 3.63% is below the top quartile in Japan, yet it has maintained stable and growing dividends over the past decade. The payout ratio is a modest 27.1%, indicating coverage by earnings despite no free cash flow support, raising sustainability concerns. Its price-to-earnings ratio of 8.1x suggests good value relative to the market average of 13.8x, but reliance on non-cash earnings could impact future dividend reliability.
- Click here to discover the nuances of Narasaki Sangyo with our detailed analytical dividend report.
- Our comprehensive valuation report raises the possibility that Narasaki Sangyo is priced higher than what may be justified by its financials.
Next Steps
- Explore the 1170 names from our Top Asian Dividend Stocks screener here.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
- Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.
Searching for a Fresh Perspective?
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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.
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