Belgian Undervalued Dividend Payers

Colruyt Group

Market Cap: €4.5b

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

DEME Group

Market Cap: €3.3b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

NV Bekaert

Market Cap: €1.8b

Provides steel wire transformation and coating technologies worldwide.

EVS Broadcast Equipment

Market Cap: €507.7m

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

Compagnie d'Entreprises CFE

Market Cap: €242.1m

Engages in the real estate, multitechnics, construction and renovation, and sustainable investment businesses in Belgium, Poland, Luxembourg, and internationally.