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Asia’s Best Yielding Dividend Companies – An Overview

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 5+companies+remained%5B%2Furl%5D 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) has a market capitalization of $11.91 billion. The company employs 28,770 people, generates revenues of $3,364.99 million and has a net income of $937.78 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,915.23 million. Because of these figures, the EBITDA margin is 56.92 percent (operating margin 38.46 percent and the net profit margin finally 27.87 percent).

The total debt representing 32.28 percent of the company’s assets and the total debt in relation to the equity amounts to 92.40 percent. Due to the financial situation, a return on equity of 42.57 percent was realized. Twelve trailing months earnings per share reached a value of $-3.66. Last fiscal year, the company paid $5.10 in form of dividends to shareholders.

Here are the price ratios of the company: The P/E ratio is is not calculable, Price/Sales 4.09 and Price/Book ratio 5.48. Dividend Yield: 5.67 percent. The beta ratio is 0.65.

China Mobile (CHL) has a market capitalization of $206.07 billion. The company employs 170,019 people, generates revenues of $76,941.41 million and has a net income of $19,031.79 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $37,587.57 million. Because of these figures, the EBITDA margin is 48.85 percent (operating margin 31.07 percent and the net profit margin finally 24.74 percent).

The total debt representing 1.16 percent of the company’s assets and the total debt in relation to the equity amounts to 1.74 percent. Due to the financial situation, a return on equity of 22.10 percent was realized. Twelve trailing months earnings per share reached a value of $4.81. Last fiscal year, the company paid $2.06 in form of dividends to shareholders.

Here are the price ratios of the company: The P/E ratio is 10.67, Price/Sales 2.68 and Price/Book ratio 2.26. Dividend Yield: 3.97 percent. The beta ratio is 0.49.

Guangshen Railway (GSH) has a market capitalization of $2.60 billion. The company employs 31,985 people, generates revenues of $2,138.18 million and has a net income of $235.46 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $558.60 million. Because of these figures, the EBITDA margin is 26.12 percent (operating margin 16.00 percent and the net profit margin finally 11.01 percent).

The total debt representing 11.34 percent of the company’s assets and the total debt in relation to the equity amounts to 14.37 percent. Due to the financial situation, a return on equity of 6.27 percent was realized. Twelve trailing months earnings per share reached a value of $1.99. Last fiscal year, the company paid $0.71 in form of dividends to shareholders.

Here are the price ratios of the company: The P/E ratio is 9.20, Price/Sales 1.70 and Price/Book ratio 0.67. Dividend Yield: 3.82 percent. The beta ratio is 1.16.

Take a closer look at the full table of the [url=http://long-term-investments.blogspot.com/2012/02/asias-best-yielding-dividend-companies.html]best yielding Asian dividend stocks. The average price to earnings ratio (P/E ratio) amounts to 13.06 and forward P/E ratio is 15.42. The dividend yield has a value of 4.03 percent. Price to book ratio is 1.80 and price to sales ratio 1.71. The operating margin amounts to 19.53 percent.

Related stock ticker symbols:

UMC, CHT, PHI, SKM, SPIL, HNP, TLK, SHI, CHL, GSH, YZC, TSM, PTR, CAJ, NSANY

Selected Articles:

· 24 Best Yielding Asia Stocks To Compare

· Best Dividends From Japan

· Latin America High Yield Shares To Consider

· Investors bet on Latin America

· 14 Best Yielding Brazil Stocks

About the author:

Dividend
I am a private full time investor searching for investments and investment ideas.

Visit Dividend's Website


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