Global Undervalued Dividend Payers

Thomson Reuters

Market Cap: CA$50.7b

Operates as a content and technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Dai-ichi Life Holdings

Market Cap: JP¥5.7t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

State Street

Market Cap: US$35.7b

Provides various financial products and services to institutional investors.

Daiichi Sankyo Company

Market Cap: JP¥5.4t

Manufactures and sells pharmaceutical products in Japan, the United States, Europe, and internationally.

Beijing-Shanghai High-Speed Railway

Market Cap: CN¥240.2b

Beijing-Shanghai High-Speed Railway Co., Ltd.

M&T Bank

Market Cap: US$34.6b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Nutrien

Market Cap: CA$47.0b

Provides crop inputs and services.

Sompo Holdings

Market Cap: JP¥5.3t

Provides property and casualty insurance services in Japan and internationally.

PTT

Market Cap: ฿1.1t

Engages in petroleum business in Thailand, Asia, Europe, the United States, and internationally.

Haier Smart Home

Market Cap: CN¥231.3b

Engages in the research, development, production, and sales of smart home appliances.

Talanx

Market Cap: €28.0b

Provides insurance and reinsurance products and services worldwide.

Paychex

Market Cap: US$32.8b

Provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥224.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

VICI Properties

Market Cap: US$32.2b

An S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

Shaanxi Coal Industry

Market Cap: CN¥220.8b

Shaanxi Coal Industry Company Limited, together with its subsidiaries, mines, produces, washes, processes, and sells coal in China and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł114.3b

Provides various banking products and services in Poland and internationally.

New China Life Insurance

Market Cap: CN¥215.9b

Provides life insurance products and services to individuals and institutions in China.

Cognizant Technology Solutions

Market Cap: US$31.1b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

Partners Group Holding

Market Cap: CHF 24.1b

A private equity firm specializing in direct, secondary, and primary investments across private equity, private real estate, private infrastructure, and private debt.

Ping An Bank

Market Cap: CN¥211.7b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Power Corporation of Canada

Market Cap: CA$41.8b

An international management and holding company, provides financial services in North America, Europe, and Asia.

ANTA Sports Products

Market Cap: HK$234.9b

Engages in the research, design, development, manufacture, market, and sale of professional sports footwear, apparel, and accessories in China and internationally.

China Unicom (Hong Kong)

Market Cap: HK$227.3b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Sampo Oyj

Market Cap: €24.6b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

Kraft Heinz

Market Cap: US$28.9b

Manufactures and markets food and beverage products in North America and internationally.

Astellas Pharma

Market Cap: JP¥4.4t

Manufactures, markets, imports, and exports pharmaceuticals in Japan and internationally.

China Resources Land

Market Cap: HK$222.2b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

PPG Industries

Market Cap: US$28.3b

Manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

ABN AMRO Bank

Market Cap: €23.9b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Credicorp

Market Cap: US$27.8b

Provides various financial, insurance, and health services and products in Peru and internationally.

Bank of Jiangsu

Market Cap: CN¥190.7b

Provides various banking products and services in China.

Inpex

Market Cap: JP¥4.3t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

S.F. Holding

Market Cap: CN¥188.9b

Engages in the logistics and freight forwarding services in China and internationally.

Canon

Market Cap: JP¥4.1t

Manufactures and sells office multifunction devices (MFDs), laser and inkjet printers, cameras, medical equipment, and lithography equipment in Japan, the Americas, Europe, and Asia and Oceania.

Tenaris

Market Cap: €22.4b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Regions Financial

Market Cap: US$26.1b

A financial holding company, provides various banking and related products and services to individual and corporate customers.