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19 Cheap Asian Large Cap Dividend Stocks

Published 04/19/2013, 03:35 AM
Updated 07/09/2023, 06:31 AM

Though dividend stocks are now popular as are Asian stocks, a combination of both is not a guarantee of a great return. However, there's temptation when you see how favorably Asian stocks are now priced.

Today I'm screening for some of the best yielding Asian large cap stocks listed in the United States.

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.

China Mobile (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

Long-Term Dividend Payment History of China Mobile

Long-Term Dividend Yield History of China Mobile
CNOOC Limited (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

Long-Term Dividend Payment History of CNOOC Limited

Long-Term Dividend Yield History of CNOOC Limited
China Telecom (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

Long-Term Dividend Payment History of China Telecom

Long-Term Dividend Yield History of China Telecom
Take a closer look at the full list of the best yielding Asian dividend stocks with cheap 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
Related stock ticker symbols:
CEO, SKM, NTT, CHL, PTR, PHI, SNP, HMC, MTU, TSM, CHA, SNE, PC, TTM,
INFY, TM, LFC, PKX, HNP

Disclosure: 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.

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