Global Undervalued Dividend Payers

Unipol Assicurazioni

Market Cap: €15.3b

Provides insurance products and services primarily in Italy.

Norsk Hydro

Market Cap: NOK 171.8b

Engages in power production, bauxite extraction, alumina refining, aluminum smelting, recycling activities, and extruded solutions worldwide.

Bank Polska Kasa Opieki

Market Cap: zł61.4b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

PTT Exploration and Production

Market Cap: ฿532.0b

Engages in the exploration, development, and production of petroleum in Thailand, rest of Southeast Asia, the Middle East, Africa, and internationally.

Julius Bär Gruppe

Market Cap: CHF 13.2b

Provides wealth management solutions in Switzerland, Europe, the Americas, Asia, and internationally.

Bank of Hangzhou

Market Cap: CN¥117.7b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Powszechny Zaklad Ubezpieczen

Market Cap: zł60.5b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Eurobank

Market Cap: €14.3b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

East West Bancorp

Market Cap: US$16.7b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Raiffeisen Bank International

Market Cap: €14.0b

Offers banking services to corporate, private, and institutional customers.

WH Group

Market Cap: HK$127.7b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Eiffage

Market Cap: €13.7b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

CDW

Market Cap: US$16.1b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Canara Bank

Market Cap: ₹1.4t

Provides various banking products and services in India and internationally.

Hua Xia Bank

Market Cap: CN¥107.1b

Provides commercial banking services in China and Hong Kong.

Focus Media Information Technology

Market Cap: CN¥105.1b

Focus Media Information Technology Co., Ltd.

Asahi Kasei

Market Cap: JP¥2.4t

Engages in material, homes, healthcare businesses.

Pinnacle Financial Partners

Market Cap: US$15.2b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

Turkiye Garanti Bankasi

Market Cap: ₺665.3b

Provides various banking products and services in Turkey.

HMMLtd

Market Cap: ₩21.6t

An integrated logistics company, provides shipping and logistics services in Japan and internationally.

Sonova Holding

Market Cap: CHF 11.5b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Permian Resources

Market Cap: US$14.9b

An independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States.

Lenovo Group

Market Cap: HK$116.2b

An investment holding company, develops, manufactures, and markets technology products and services.

Tryg

Market Cap: DKK 93.9b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Daqin Railway

Market Cap: CN¥101.5b

Provides railway transportation services in the People’s Republic of China and internationally.

Yunnan Baiyao GroupLtd

Market Cap: CN¥100.8b

Engages in the pharmaceutical business in China.

Mapfre

Market Cap: €12.3b

Engages in insurance, reinsurance, and financial activities in Spain.

Bureau Veritas

Market Cap: €12.2b

Provides laboratory testing, inspection, and certification services.

Omega Healthcare Investors

Market Cap: US$14.3b

A Real Estate Investment Trust (“REIT”) providing financing and capital to the long-term healthcare industry in the United States and the United Kingdom with a focus on skilled nursing and assisted living facilities, including care homes in the United Kingdom.

ageas

Market Cap: €12.0b

Engages in insurance business.

Fidelity National Financial

Market Cap: US$14.1b

Provides various insurance products in the United States.

DWS Group GmbH KGaA

Market Cap: €11.9b

Offers asset management services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Brown-Forman

Market Cap: US$14.0b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Everest Group

Market Cap: US$13.9b

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

Etihad Etisalat

Market Cap: ر.س51.9b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Kirin Holdings Company

Market Cap: JP¥2.1t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.