Global Undervalued Dividend Payers

Amdocs

Market Cap: US$9.7b

Through its subsidiaries, provides software and services to communications, entertainment, and media service providers worldwide.

Webster Financial

Market Cap: US$9.7b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Longfor Group Holdings

Market Cap: HK$75.9b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Zhejiang Zheneng Electric Power

Market Cap: CN¥69.5b

Zhejiang Zheneng Electric Power Co., Ltd.

Hyundai Glovis

Market Cap: ₩13.3t

Operates as logistics and distribution company in South Korea and internationally.

Hong Leong Bank Berhad

Market Cap: RM 40.2b

Operates as a financial services company in Malaysia, Singapore, Hong Kong, China, Vietnam, and Cambodia.

Yageo

Market Cap: NT$280.7b

Engages in the manufacture and sale of electronic components in China, Europe, the United States, and rest of Asia.

Pearson

Market Cap: UK£6.9b

Provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally.

Brenntag

Market Cap: €7.9b

Engages in the distribution of chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally.

ENN Energy Holdings

Market Cap: HK$71.5b

An investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.

Empresas Copec

Market Cap: CL$8.8t

Operates in the natural resources and energy sectors in Chile and internationally.

Citic Pacific Special Steel Group

Market Cap: CN¥65.1b

CITIC Pacific Special Steel Group Co., Ltd manufactures and sells steel materials in China.

J Sainsbury

Market Cap: UK£6.7b

Engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom.

Sodexo

Market Cap: €7.7b

Provides food services and facilities management services worldwide.

Bangkok Bank

Market Cap: ฿293.0b

Provides various commercial banking products and services in Thailand and internationally.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$11.5b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

Vipshop Holdings

Market Cap: US$8.9b

Operates online platforms in the People's Republic of China.

Satellite ChemicalLtd

Market Cap: CN¥63.8b

A low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally.

Metallurgical Corporation of China

Market Cap: HK$69.0b

Engages in the engineering contracting, resource development, specialty businesses, integrated real estate, and other businesses in China.

Shanghai Pharmaceuticals Holding

Market Cap: CN¥63.2b

Shanghai Pharmaceuticals Holding Co., Ltd.

Novatek Microelectronics

Market Cap: NT$261.7b

Engages in research and development, manufacture, and sale of integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications in Taiwan, Asia, and internationally.

Want Want China Holdings

Market Cap: HK$67.6b

An investment holding company, engages in the manufacture, distribution, and sale of food and beverages.

Kunlun Energy

Market Cap: HK$67.0b

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the Republic of Kazakhstan, the Sultanate of Oman, and the Kingdom of Thailand.

Yunnan Aluminium

Market Cap: CN¥61.3b

Manufactures and sells aluminum in China.

China Merchants Port Holdings

Market Cap: HK$66.4b

An investment holding company, engages in ports operation, bonded logistics operation, and property investment Mainland China, Hong Kong, Taiwan, Brazil, and internationally.

Old National Bancorp

Market Cap: US$8.5b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

Trelleborg

Market Cap: SEK 80.0b

Provides engineered polymer solutions for seal, damp, and protect critical applications worldwide.

Sinotruk (Hong Kong)

Market Cap: HK$64.9b

An investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDT), medium-heavy duty trucks, light duty trucks (LDT), buses, and related parts and components in Mainland China and internationally.

IGM Financial

Market Cap: CA$11.4b

Engages in the asset management business in Canada.

LG

Market Cap: ₩11.5t

Through its subsidiaries, operates in the electronics, chemicals, and telecommunication and services sectors.

Yutong BusLtd

Market Cap: CN¥59.0b

Engages in the manufacture and sale of bus and related products in China and internationally.

China Mengniu Dairy

Market Cap: HK$64.2b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Levi Strauss

Market Cap: US$8.2b

Designs, markets, and sells apparels and related accessories for men, women, and children in the United States and internationally.

Jardine Cycle & Carriage

Market Cap: S$10.5b

An investment holding company, engages in providing the financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia, Singapore, and Malaysia.

Ingredion

Market Cap: US$8.1b

Manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide.

ENN Natural GasLtd

Market Cap: CN¥58.0b

Engages in natural gas distribution, trading, storage, transportation, production, and engineering in China.