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 gives you more ideas and your thoughts broaden when you see how Asian stocks are priced.
I made a screen 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.
My criteria are:
- 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 is the full table with some fundamentals:
Take a closer look at the full list. 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.
Related stock ticker symbols:
CEO, SKM, NTT, CHL, PTR, PHI, SNP, HMC, MTU, TSM, CHA, SNE, PC, TTM, INFY, TM, LFC, PKX, HNP