Austrian Undervalued Dividend Payers

Erste Group Bank

Market Cap: €39.3b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

VERBUND

Market Cap: €21.4b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Andritz

Market Cap: €6.4b

Engages in the provision of industrial machinery, equipment, and services in Europe, North America, South America, China, Asia, Africa, Australia, and internationally.

Telekom Austria

Market Cap: €5.9b

Provides fixed-line and mobile communications solutions to individuals, commercial and non-commercial organizations, and other national and foreign carriers in Austria, Belarus, Bulgaria, Croatia, North Macedonia, Serbia, and Slovenia.

UNIQA Insurance Group

Market Cap: €4.7b

Operates as an insurance company in Austria and Central and Eastern Europe.

Wienerberger

Market Cap: €3.3b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

PORR

Market Cap: €1.2b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Palfinger

Market Cap: €1.2b

Produces and sells crane and lifting solutions in Austria and internationally.

SBO

Market Cap: €423.9m

Manufactures and sells steel products worldwide.