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Showing posts with label Asia. Show all posts
Showing posts with label Asia. Show all posts

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.

Asia’s Best Yielding Dividend Companies – An Overview

The Best Yielding Asia Stocks At The U.S. Capital Market Researched by Dividend Yield - Stock, Capital, Investment. The growth of the economy is slowing but it seems that we will reach a soft-landing. Recently published forecasts of the economic growth show that the highest GDP growth will be realized in Asia and Latin America. Europe should get a negative growth due to the debt crisis. 

5 High Yield Asia Bank Shares

Five Asian Bank Stocks To Consider By Topforeignstocks.com. Asian banks are relatively in a better position than European and US banks. Having stayed strong during the credit crisis, Asian banks continue to maintain high Tier 1 Capital Ratios and follow their conservative business models. In addition, state regulators have played a key role in strengthening the banking systems by formulating sound policies and implementing stricter standards on lending. For example, the Monetary Authority of Singapore requires domestic banks to hold a minimum Tier 1 capital adequacy ratio of 6% which is higher current Basel II standards. By 2015 the Central Bank will raise the minimum Tier 1 capital adequacy ratio to 8% which is also higher than the Basel III requirements. Below is a list of ADR's with a yield above 5 percent:

1.Bank:Hang Seng Bank Ltd (HSNGY)
Current Dividend Yield: 5.52%
Country: Hong Kong

2.Bank:Malayan Banking BHD (MLYBY)
Current Dividend Yield: 6.56%
Country: Malaysia

3.Bank:DBS Group Holdings Ltd (DBSDY)
Current Dividend Yield: 8.25%
Country: Singapore

4.Bank:United Overseas Bank Ltd (UOVEY)
Current Dividend Yield: 5.79%
Country: Singapore

5.Bank:BOC Hong Kong (Holdings) Ltd (BHKLY)
Current Dividend Yield: 6.41%
Country: Hong Kong

Source: Topforeignstocks.com

24 Best Yielding Asia Stocks To Compare

Best Yielding Asian Stocks by Dividend Yield - Stock, Capital, Investment. The Asian and Pacific region is one of the global areas with the highest GDP growth followed by Africa. In accordance to the statistics of the International Monetary Fund, the region realized a real GDP growth of 7 percent, a value that is outperforming the world’s growth by 2.3 percent points and the growth of the Western Hemisphere by 4 percent.

I screened stocks from the Asian and Pacific region with a dividend yield of more than 3 percent and a market capitalization above USD 300 million. 135 stocks remained of which 9 are high yields (a yield of more than five percent) and 24 stocks have a yield of more than 3 percent.

Here are my 3 most promising stocks from the screening results:

1. Cninsure (CISG) is acting within the insurance brokerage industry. The company has a market capitalization of USD 639.5 million, generates revenues in an amount of USD 237.2 million and a net income of USD 68.6 million. It follows P/E ratio is 9.4 and forward price to earnings ratio 9.8, Price/Sales 2.7 and Price/Book ratio 1.3. Dividend Yield: 8.2 percent. Years of Consecutive Dividend Increasing: 1 Year. 5-Year Dividend Growth: 0 percent. The company paid dividends since 2009.

2. Chunghwa Telecom (CHT) is acting within the domestic telecom services industry. The company has a market capitalization of USD 32.9 billion, generates revenues in an amount of USD 7.1 billion and a net income of USD 1.7 billion. It follows P/E ratio is 18.8 and forward price to earnings ratio 18.3, Price/Sales 4.6 and Price/Book ratio 2.0. Dividend Yield: 5.6 percent. Years of Consecutive Dividend Increasing: 0 Years. 5-Year Dividend Growth: 0 percent. The company paid dividends since 2010.

3. PetroChina (PTR) is acting within the major integrated oil and gas industry. The company has a market capitalization of USD 217.8 billion, generates revenues in an amount of USD 249.3 billion and a net income of USD 22.6 billion. It follows Price/Earnings ratio is 9.7 and forward price to earnings ratio 7.6, Price/Sales 0.9 and Price/Book ratio 1.4. Dividend Yield: 4.4 percent. Years of Consecutive Dividend Increasing: 1 Year. 5-Year Dividend Growth: 4.3 percent. The company paid dividends since 2000.

Take a closer look at the full table. The average price to earnings ratio (P/E ratio) of the list amounts to 13.96. The dividend yield has an average value of 4.3 percent. Price to book ratio is 1.7 and price to sales ratio 2.8. The average operating margin amounts to 23.9 percent.

Best Yielding Asia Stocks (Click to enlarge)

Related stock ticker symbols:
UMC, CISG, CTEL, HNP, SPIL, PHI, SSW, FAX, CHT, SKM, TSM, PTR, TLK, SHI, EJ, CHL, GSH, SNP, NSANY, CAJ, AUO, CYD, YZC, CEO

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