U.S. Undervalued Dividend Payers

Bunge Global

Market Cap: US$24.3b

Operates as an agribusiness and food company worldwide.

PPG Industries

Market Cap: US$23.6b

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

Omnicom Group

Market Cap: US$23.4b

Offers advertising, marketing, and corporate communications services.

Regions Financial

Market Cap: US$21.8b

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

KeyCorp

Market Cap: US$21.7b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Smurfit Westrock

Market Cap: US$21.1b

Manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in North America, South America, Europe, Asia, Africa, Australia, and internationally.

Humana

Market Cap: US$21.0b

Provides medical and specialty insurance products in the United States.

NetApp

Market Cap: US$20.6b

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Coca-Cola FEMSA. de

Market Cap: US$20.1b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

T. Rowe Price Group

Market Cap: US$19.6b

A publicly owned investment manager.

Snap-on

Market Cap: US$18.8b

Manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide.

ZTO Express (Cayman)

Market Cap: US$18.3b

Provides express delivery and other value-added logistics services in the People's Republic of China.

Yum China Holdings

Market Cap: US$17.5b

Owns, operates, and franchises restaurants in the People’s Republic of China.

CDW

Market Cap: US$15.6b

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

H World Group

Market Cap: US$15.5b

Develops leased and owned, manachised, and franchised hotels in the People’s Republic of China.

Tencent Music Entertainment Group

Market Cap: US$14.7b

Operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China.

East West Bancorp

Market Cap: US$14.6b

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.

Omega Healthcare Investors

Market Cap: US$13.7b

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.

CNH Industrial

Market Cap: US$13.6b

An equipment company, engages in the develops, manufacture, and sale agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.

Host Hotels & Resorts

Market Cap: US$13.5b

Host Hotels & Resorts, Inc., herein referred to as we, Host Inc., or the Company, is a self-managed and self-administered real estate investment trust that owns hotel property.

Best Buy

Market Cap: US$13.2b

Offers technology products and solutions in the United States, Canada, and internationally.

Everest Group

Market Cap: US$13.1b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Pinnacle Financial Partners

Market Cap: US$12.7b

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.

RPM International

Market Cap: US$12.6b

Provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

Brown-Forman

Market Cap: US$12.5b

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

Franklin Resources

Market Cap: US$12.3b

A publicly owned asset investment manager.

Ally Financial

Market Cap: US$12.1b

A digital financial-services company, provides various digital financial products and services in the United States and Canada.

HF Sinclair

Market Cap: US$11.4b

Operates as an independent energy company in the United States.

Webster Financial

Market Cap: US$11.0b

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.

First Horizon

Market Cap: US$10.8b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

American Financial Group

Market Cap: US$10.7b

An insurance holding company, provides property and casualty insurance products in the United States.

Smithfield Foods

Market Cap: US$10.2b

Produces various packaged meats and fresh pork products in the United States and internationally.

Gap

Market Cap: US$9.3b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

A. O. Smith

Market Cap: US$9.1b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

SouthState Bank

Market Cap: US$9.0b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Popular

Market Cap: US$8.6b

Through its subsidiaries, provides various retail, mortgage, and commercial banking services for individuals and businesses in Puerto Rico, the United States, the British Virgin Islands, the Caribbean, and Latin America.