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19 Cheap Asian Large Cap Dividend Stocks

Large capitalized stocks with low forward P/E’s and good dividends originally published at "long-term-investments.blogspot.com". Dividends are popular and Asian stocks too. A combination of both is not a guarantee for a great return but it brings more ideas to you and your thoughts broaden when you see how Asian stocks are priced.

Today I like to screen some of the best yielding Asian stocks with a listing in the United States. American Depositary Receipts, that’s the correct title. They do not include all top yielding stocks from Asia but ADR’s have a better volume and need to fulfill the SEC requirements. A full compilation of the top dividend stocks from Asia can be found in my weekly publised PDF Dividend Weekly. The book covers over 1,000 dividend paying shares and is completely free.

My criteria:

- Market Capitalization over USD 10 billion
- Positive Dividend Yield
- Forward P/E below 15

Nineteen stocks fulfilled the mentioned criteria of which thirteen have a current buy or better recommendation. Telecoms and oil stocks are dominating the screen.

Here are my favorite stocks:
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China Mobile (NYSE:CHL) has a market capitalization of $209.81 billion. The company employs 182,487 people, generates revenue of $90.665 billion and has a net income of $20.931 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $40.678 billion. The EBITDA margin is 44.87 percent (the operating margin is 26.86 percent and the net profit margin 23.09 percent).

Financial Analysis: The total debt represents 0.48 percent of the company’s assets and the total debt in relation to the equity amounts to 0.70 percent. Due to the financial situation, a return on equity of 18.84 percent was realized. Twelve trailing months earnings per share reached a value of $5.15. Last fiscal year, the company paid $2.76 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.14, the P/S ratio is 2.32 and the P/B ratio is finally 1.79. The dividend yield amounts to 4.21 percent and the beta ratio has a value of 0.37.


Long-Term Stock Price Chart Of China Mobile (CHL)
Long-Term Dividend Payment History of China Mobile (CHL)
Long-Term Dividend Yield History of China Mobile (CHL)

CNOOC Limited (NYSE:CEO) has a market capitalization of $76.93 billion. The company employs 10,063 people, generates revenue of $40.061 billion and has a net income of $10.304 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $18.969 billion. The EBITDA margin is 47.35 percent (the operating margin is 35.19 percent and the net profit margin 25.72 percent).

Financial Analysis: The total debt represents 12.69 percent of the company’s assets and the total debt in relation to the equity amounts to 18.69 percent. Due to the financial situation, a return on equity of 22.24 percent was realized. Twelve trailing months earnings per share reached a value of $23.03. Last fiscal year, the company paid $6.17 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 7.48, the P/S ratio is 1.92 and the P/B ratio is finally 1.53. The dividend yield amounts to 3.52 percent and the beta ratio has a value of 1.28.


Long-Term Stock Price Chart Of CNOOC Limited (CEO)
Long-Term Dividend Payment History of CNOOC Limited (CEO)
Long-Term Dividend Yield History of CNOOC Limited (CEO)

China Telecom (NYSE:CHA) has a market capitalization of $37.75 billion. The company employs 305,676 people, generates revenue of $45.796 billion and has a net income of $2.433 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $12.051 billion. The EBITDA margin is 26.32 percent (the operating margin is 7.48 percent and the net profit margin 5.31 percent).

Financial Analysis: The total debt represents 18.31 percent of the company’s assets and the total debt in relation to the equity amounts to 37.65 percent. Due to the financial situation, a return on equity of 5.73 percent was realized. Twelve trailing months earnings per share reached a value of $2.99. Last fiscal year, the company paid $1.12 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.61, the P/S ratio is 0.83 and the P/B ratio is finally 0.88. The dividend yield amounts to 2.35 percent and the beta ratio has a value of 0.80.


Long-Term Stock Price Chart Of China Telecom (CHA)
Long-Term Dividend Payment History of China Telecom (CHA)
Long-Term Dividend Yield History of China Telecom (CHA)

Take a closer look at the full list of the best yielding Asian dividend stocks with chap price ratios. The average P/E ratio amounts to 16.90 and forward P/E ratio is 10.85. The dividend yield has a value of 2.37 percent. Price to book ratio is 1.80 and price to sales ratio 1.78. The operating margin amounts to 12.58 percent and the beta ratio is 1.01. Stocks from the list have an average debt to equity ratio of 0.93.

Here is the full table with some fundamentals (TTM):

Best Yielding Asian Large Cap Dividend Stocks (Click to enlarge)

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Related stock ticker symbols:
CEO, SKM, NTT, CHL, PTR, PHI, SNP, HMC, MTU, TSM, CHA, SNE, PC, TTM, INFY, TM, LFC, PKX, HNP

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*I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I receive no compensation to write about any specific stock, sector or theme.