Global Undervalued Dividend Payers

Exxon Mobil

Market Cap: US$613.8b

Engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally.

Bank of America

Market Cap: US$384.7b

Through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Industrial and Commercial Bank of China

Market Cap: HK$2.9t

Provides banking products and services in the People's Republic of China and internationally.

Roche Holding

Market Cap: CHF 253.5b

Engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and New Zealand.

PetroChina

Market Cap: HK$2.4t

Engages in a range of petroleum related products, services, and activities in Mainland China and internationally.

China Construction Bank

Market Cap: HK$2.3t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Merck

Market Cap: US$289.2b

Operates as a healthcare company worldwide.

Bank of China

Market Cap: HK$2.0t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Kweichow Moutai

Market Cap: CN¥1.8t

Produces and sells liquor products in China and internationally.

Wells Fargo

Market Cap: US$251.2b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Shell

Market Cap: UK£184.0b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

China Mobile

Market Cap: HK$1.8t

Provides communication, computing, and AI services in Mainland China and Hong Kong.

TotalEnergies

Market Cap: €160.0b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Brazil, India, and internationally.

Toronto-Dominion Bank

Market Cap: CA$242.7b

Provides various financial products and services in Canada, the United States, and internationally.

CNOOC

Market Cap: HK$1.3t

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide.

Gilead Sciences

Market Cap: US$168.6b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Abbott Laboratories

Market Cap: US$167.2b

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Deutsche Telekom

Market Cap: €138.8b

Provides integrated telecommunication services worldwide.

China Merchants Bank

Market Cap: CN¥1.0t

Provides various banking products and services.

Ping An Insurance (Group) Company of China

Market Cap: CN¥1.0t

Ping An Insurance (Group) Company of China, Ltd.

China Shenhua Energy

Market Cap: HK$1.1t

Engages in the production and sale of coal and electricity in the People’s Republic of China and internationally.

ConocoPhillips

Market Cap: US$141.9b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

Banco Bilbao Vizcaya Argentaria

Market Cap: €107.7b

Provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia.

Accenture

Market Cap: US$119.8b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Progressive

Market Cap: US$119.1b

Operates as an insurance company in the United States.

UniCredit

Market Cap: €100.4b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Sanofi

Market Cap: €97.8b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Zurich Insurance Group

Market Cap: CHF 84.2b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

AXA

Market Cap: €87.2b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

Mizuho Financial Group

Market Cap: JP¥16.1t

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally.

Canadian Imperial Bank of Commerce

Market Cap: CA$138.4b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

Bank of Nova Scotia

Market Cap: CA$129.2b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

PNC Financial Services Group

Market Cap: US$91.3b

Operates as a diversified financial services company in the United States.

China Petroleum & Chemical

Market Cap: HK$713.7b

An energy and chemical company, engages in the oil and gas and chemical operations in Mainland China.

United Parcel Service

Market Cap: US$91.0b

A package delivery and logistics provider, offers transportation and delivery services.