Global Undervalued Dividend Payers

Quanta Computer

Market Cap: NT$1.1t

Manufactures, processes, and sells laptop computers and telecommunication products in the United States, Mainland China, the Netherlands, Japan, and internationally.

Erste Group Bank

Market Cap: €31.8b

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

VICI Properties

Market Cap: US$36.2b

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.

Gree Electric Appliances of Zhuhai

Market Cap: CN¥258.0b

Engages in the production and sale of air-conditioners, home appliances, and accessories in China.

Talanx

Market Cap: €30.7b

Provides insurance and reinsurance products and services worldwide.

Daimler Truck Holding

Market Cap: €30.4b

Manufactures and sells light, medium- and heavy-duty trucks and buses in Europe, North America, Asia, Latin America, and internationally.

Ping An Bank

Market Cap: CN¥242.0b

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

Oil and Natural Gas

Market Cap: ₹2.9t

Engages in the exploration, development, and production of crude oil and natural gas in India and internationally.

MS&AD Insurance Group Holdings

Market Cap: JP¥5.0t

An insurance holding company, provides insurance and financial services worldwide.

ANTA Sports Products

Market Cap: HK$258.7b

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

China Everbright Bank

Market Cap: CN¥235.0b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Sumitomo

Market Cap: JP¥4.7t

Engages in general trading business.

Kraft Heinz

Market Cap: US$31.7b

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

State Street

Market Cap: US$31.1b

Through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.

Haier Smart Home

Market Cap: CN¥223.2b

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

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥221.2b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Dai-ichi Life Holdings

Market Cap: JP¥4.4t

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

KB Financial Group

Market Cap: ₩40.9t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

M&T Bank

Market Cap: US$29.4b

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.

Komatsu

Market Cap: JP¥4.3t

Manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

Murata Manufacturing

Market Cap: JP¥4.2t

Designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.

PTT

Market Cap: ฿921.8b

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

Kia

Market Cap: ₩39.5t

Manufactures and sells vehicles in South Korea, North America, and Europe.

CRRC

Market Cap: CN¥201.5b

CRRC Corporation Limited, with its subsidiaries, engages in the research and development, design, manufacture, refurbishment, sale, leasing, and technical servicing of railway locomotives in Mainland China and internationally.

CMOC Group

Market Cap: HK$216.2b

Engages in the mining, beneficiation, smelting, and refining of base and rare metals.

Shaanxi Coal Industry

Market Cap: CN¥196.7b

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

Fresenius SE KGaA

Market Cap: €23.3b

A health care company, provides products and services for chronically ill patients.

AngloGold Ashanti

Market Cap: US$26.8b

Operates as a gold mining company in Africa, Australia, and the Americas.

Cenovus Energy

Market Cap: CA$36.8b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

ORIX

Market Cap: JP¥3.9t

Provides financial services in Japan, the United States, Asia, Europe, and Australasia.

Hewlett Packard Enterprise

Market Cap: US$26.3b

Provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Luzhou LaojiaoLtd

Market Cap: CN¥187.0b

Produces and sells alcoholic products in China and internationally.

New China Life Insurance

Market Cap: CN¥186.8b

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

Power Corporation of Canada

Market Cap: CA$35.8b

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

China Tower

Market Cap: HK$199.8b

Provides telecommunication tower infrastructure services in the People's Republic of China.

CK Hutchison Holdings

Market Cap: HK$194.9b

An investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong, Mainland China, Europe, Canada, Asia, Australia, and internationally.