U.S. Undervalued Dividend Payers

East West Bancorp

Market Cap: US$13.7b

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.

Reinsurance Group of America

Market Cap: US$12.1b

Provides reinsurance and financial solutions.

Unum Group

Market Cap: US$11.9b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Permian Resources

Market Cap: US$11.0b

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.

Viper Energy

Market Cap: US$10.8b

Owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America.

American Financial Group

Market Cap: US$10.4b

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

Skyworks Solutions

Market Cap: US$10.2b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Smithfield Foods

Market Cap: US$9.9b

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

Webster Financial

Market Cap: US$9.5b

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.

Amdocs

Market Cap: US$9.4b

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

H World Group

Market Cap: US$9.4b

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

Old National Bancorp

Market Cap: US$8.2b

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

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.

Levi Strauss

Market Cap: US$7.9b

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

Vipshop Holdings

Market Cap: US$7.9b

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

Popular

Market Cap: US$7.8b

Through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands.

Zions Bancorporation National Association

Market Cap: US$7.7b

Provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.

Lamb Weston Holdings

Market Cap: US$7.4b

Engages in the production, distribution, and marketing of frozen potato products in the United States, Canada, Mexico, and internationally.

Toro

Market Cap: US$7.4b

Designs, manufactures, markets, and sells professional turf maintenance equipment and services.

Gap

Market Cap: US$7.3b

Operates as an apparel retail company.

Synovus Financial

Market Cap: US$6.7b

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

Voya Financial

Market Cap: US$6.5b

Provides workplace benefits, and savings solutions and technologies in the United States and internationally.

Prosperity Bancshares

Market Cap: US$6.3b

Operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers.

CareTrust REIT

Market Cap: US$6.3b

CareTrust REIT is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties.

MGIC Investment

Market Cap: US$6.2b

Through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam.

Chord Energy

Market Cap: US$6.1b

Operates as an independent exploration and production company in the United States.

Hanover Insurance Group

Market Cap: US$6.1b

Through its subsidiaries, provides various property and casualty insurance products and services in the United States.

Essent Group

Market Cap: US$5.8b

Through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States.

Terreno Realty

Market Cap: US$5.7b

Terreno Realty Corporation (“Terreno”, and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S.

Home Bancshares (Conway AR)

Market Cap: US$5.5b

Operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities in the United States.

Bank OZK

Market Cap: US$5.5b

Operates as a full-service Arkansas state-chartered bank that provides retail and commercial banking services in the United States.

F.N.B

Market Cap: US$5.4b

A bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States.

Enact Holdings

Market Cap: US$5.3b

Operates as a private mortgage insurance company in the United States.

Valley National Bancorp

Market Cap: US$5.2b

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.

Columbia Banking System

Market Cap: US$5.1b

Operates as the Bank holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States.

Lear

Market Cap: US$5.0b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.