Is This Midcap Stock Set to Become the Next Asian Paints? Don't Miss Out on Its Attractive Dividend Yield! Is This Midcap Stock Set to Become the Next Asian Paints? Don't Miss Out on Its Attractive Dividend Yield! This stock is now emerging as a strong competitor, with robust financial performance, product innovation and higher dividends. Karan Dsij / Tuesday, March 28, 2023 / Article rating: 3.5 Asian Paints has been one of the most sought-after stocks in this space, with a history of generating multibagger returns for its investors. However, in recent times, the stock has lost its sheen, with a YTD decline of over 10 per cent.