Five of the Best: Asian stocks paying high dividends

Tom Naughton (pictured), manager of the Prusik Asian Equity Income fund, outlines five lesser known equities offering a high dividend yield, which are largely immune from the macro uncertainties plaguing developed markets.

We are looking for stocks with high dividend yields which operate in businesses with high barriers to entry and are not directly affected by a slowdown in either China or Europe. We also have a preference for stocks with exposure to the emerging countries in the Indochina region – particularly Cambodia and Laos. There is a mixture of stocks here – both those that offer very stable dividend yields with very low risk, and also those with higher risk but much larger potential upside. 1. Samui Airport It operates the only airport on one of Thailand’s most popular tourist island destinat...