Asia’s Best Yielding Dividend Companies

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 negative growth due to the debt crisis. I’ve tried to screen all listed stocks with headquarters in Asia (American Depositary Receipts) by the best-yielding stocks.

There are 308 Asian companies of which 70 pay dividends. In order to restrict my criteria, I decided to list only stocks with a market capitalization of more than USD2 billion as well as a dividend yield above 3 percent. Exactly five of them are high yields and six have a buy or better recommendation by brokerage firms. Here are my favorite stocks: Philippine Long Distance Telephone (PHI), China Mobile (CHL) and Guangshen Railway (GSH).

Source: Guru Focus

Related Articles:
- 15 Dividend Stocks With A 15% Yield In 15 Years
- Why Dividend Stocks Are Evil
- Don't Touch These 5 Dividend Stocks!
- 3 Dividend Stocks That I Will NEVER Lose Money On
- List of 195 Dividend Stocks Every Income Investor Should Know About