- Investing Ideas
- /
- Top Dividend Stocks
Top Global Dividend Stocks
UPDATED May 29, 2023
What are the best Global Dividend Stocks?
According to our Simply Wall St analysis these are the best Global dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.
Our criteria to find Top Dividend Companies
High Yield
- Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
- Yields vary between markets, so we focus on the top dividend payers in each market.
What do we look for?
- Is the yield in the top 25% of the market's dividend payers.
Consistent Dividends
- Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
- If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.
What do we look for?
- Has the dividend been stable over the last 10 years.
- Has the dividend grown over the last 10 years.
Dividend Cover
- Ideally the company doesn't pay out all of its earnings, neglecting future growth.
- If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.
What do we look for?
- Are dividends covered by earnings.
- Are dividends forecast to be covered by earnings in the future.
Healthy Balance Sheet
- Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
413 companies meet this criteria in the Global market
Guaranty Trust Holding Company Plc operates as a financial holding company for Guaranty Trust Bank Limited that provides commercial banking services in Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Cote D'Ivoire, Kenya, Uganda, Rwanda, Tanzania, and the United Kingdom.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: GTCO's dividend (10.54%) is in the top 25% of dividend payers in the NG market (8.1%)
Notable Dividend
Rewards
Trading at 8.1% below our estimate of its fair value
Earnings are forecast to grow 17.78% per year
Risks
No risks detected for GTCO from our risks checks.
Nippon Carbide Industries Co., Inc. engages in the electronic and functional products, and films and sheetings business.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 4064's dividend (5.44%) is in the top 25% of dividend payers in the JP market (3.55%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 42.1% below our estimate of its fair value
Earnings are forecast to grow 75.03% per year
Risks
Does not have a meaningful market cap (Â¥12B)
Profit margins (0.8%) are lower than last year (4.1%)
Large one-off items impacting financial results
Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: FNF's dividend (5.18%) is in the top 25% of dividend payers in the US market (5.15%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 69.7% below our estimate of its fair value
Earnings are forecast to grow 33.02% per year
Risks
Profit margins (6.2%) are lower than last year (14.1%)
Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides commercial and retail banking services.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: COLB's dividend (6.84%) is in the top 25% of dividend payers in the US market (5.15%)
Notable Dividend
Rewards
Trading at 63.7% below our estimate of its fair value
Earnings are forecast to grow 52.24% per year
Risks
Shareholders have been substantially diluted in the past year
Profit margins (19.2%) are lower than last year (31.2%)
Large one-off items impacting financial results
G-Tekt Corporation manufactures and sells auto body components and transmission parts in Japan and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 5970's dividend (4.21%) is in the top 25% of dividend payers in the JP market (3.55%)
Notable Dividend
Future Dividend Coverage
Rewards
Price-To-Earnings ratio (5.8x) is below the JP market (13.4x)
Earnings are forecast to grow 19.1% per year
Earnings grew by 15.7% over the past year
Risks
No risks detected for 5970 from our risks checks.
Isuzu Motors Limited manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 7202's dividend (4.9%) is in the top 25% of dividend payers in the JP market (3.55%)
Notable Dividend
Future Dividend Coverage
Rewards
Price-To-Earnings ratio (8.3x) is below the JP market (13.4x)
Earnings are forecast to grow 9.82% per year
Earnings have grown 5.9% per year over the past 5 years
Risks
No risks detected for 7202 from our risks checks.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 2124's dividend (3.81%) is in the top 25% of dividend payers in the JP market (3.55%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 54.8% below our estimate of its fair value
Earnings are forecast to grow 21.41% per year
Earnings grew by 12.8% over the past year
Risks
No risks detected for 2124 from our risks checks.
Fujibo Holdings, Inc. engages in polishing pads, industrial chemical products, and lifestyle apparel businesses in Japan.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 3104's dividend (3.6%) is in the top 25% of dividend payers in the JP market (3.55%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 53% below our estimate of its fair value
Earnings are forecast to grow 23.07% per year
Risks
No risks detected for 3104 from our risks checks.