Dividend shares in the Asia-Pacific defeat the broader sector in the fourth quarter of 2023 — bucking the craze in other areas. In accordance to Morgan Stanley, the MSCI Asia Pacific ex Japan Significant Dividend Index outperformed the MSCI Asia Pacific ex Japan index by 1.76% in the fourth quarter final calendar year. “We take note that the defensive sentiment among the Asia/[emerging market] buyers ongoing to favor Quality Dividend stocks to outperform even with the Fed sending a sign of a prospective pivot and the world wide financial conditions acquiring commenced to change easing from November onward,” the Wall Street bank said in a Jan. 5 report. Analysts and fund professionals are usually also beneficial on dividend-paying stocks in other places for 2024 , citing situations this sort of as lessen charges, which is excellent for shares. For the Asia-Pacific ex Japan location, Morgan Stanley generated a monitor of what it called its “conviction record” of dividend shares, using these criteria on a 12-month ahead-searching basis: Most likely to outperform the MSCI Asia Pacific ex Japan Substantial Dividend Index. Least possible to announce dividend cuts. Low hazard of obtaining dividend cuts, as rated by Morgan Stanley analysts. Marketplace cap of much more than $2 billion. In this article are some stocks that appeared in Morgan Stanley’s display. — CNBC’s Michael Bloom contributed to this report.