Belgian Undervalued Dividend Payers

ageas

Market Cap: €11.8b

Engages in insurance business.

Colruyt Group

Market Cap: €4.2b

Engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally.

Melexis

Market Cap: €2.2b

Designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle East, Africa, the Asia Pacific, and North and Latin America.

NV Bekaert

Market Cap: €2.2b

Provides steel wire transformation and coating technologies worldwide.

EVS Broadcast Equipment

Market Cap: €475.2m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Deceuninck

Market Cap: €336.6m

Engages in the design, manufacture, recycling, and distribution of multi-material window, door, and building solutions in Europe, North America, Turkey, and internationally.