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Top Global Dividend Stocks
UPDATED Aug 08, 2022
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.
464 companies meet this criteria in the Global market
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: AXS's dividend (3.37%) is low compared to the top 25% of dividend payers in the US market (4.1%).
Rewards
Trading at 62.4% below our estimate of its fair value
Earnings are forecast to grow 28.45% per year
Earnings grew by 55.5% over the past year
Risks
No risks detected for AXS from our risks checks.
National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: NBHC's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.1%).
Rewards
Trading at 51.7% below our estimate of its fair value
Earnings are forecast to grow 42.26% per year
Risks
Significant insider selling over the past 3 months
Jubilant Pharmova Limited operates as an integrated pharmaceutical company worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 530019's dividend (1.44%) is low compared to the top 25% of dividend payers in the Indian market (1.71%).
Future Dividend Coverage
Rewards
Price-To-Earnings ratio (18.4x) is below the Indian market (21.5x)
Earnings are forecast to grow 48.22% per year
Risks
Profit margins (5.1%) are lower than last year (10.6%)
Has a high level of debt
Bajaj Auto Limited develops, manufactures, and distributes automobiles in India.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: BAJAJ-AUTO's dividend (3.48%) is in the top 25% of dividend payers in the Indian market (1.71%)
Notable Dividend
Rewards
Price-To-Earnings ratio (18.7x) is below the Indian market (21.5x)
Earnings are forecast to grow 7.43% per year
Earnings have grown 8.8% per year over the past 5 years
Risks
Significant insider selling over the past 3 months
Bank AL Habib Limited, together with its subsidiaries, provides various banking products and services in Pakistan, the Middle East, the Asia Pacific, and Africa.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: BAHL's dividend (12.01%) is in the top 25% of dividend payers in the PK market (10.99%)
Notable Dividend
Stable Dividend
Rewards
Trading at 6.8% below our estimate of its fair value
Earnings are forecast to grow 16.96% per year
Earnings have grown 22.1% per year over the past 5 years
Risks
High level of non-cash earnings
OTP Bank Nyrt., together with its subsidiaries, provides commercial banking services to retail clients, corporations and agricultural enterprises, and private and institutional investors in Hungary and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: OTP's dividend (4.83%) is low compared to the top 25% of dividend payers in the Hungarian market (6.11%).
Rewards
Trading at 59.9% below our estimate of its fair value
Earnings are forecast to grow 25.27% per year
Risks
High level of non-cash earnings
Takeuchi Mfg. Co., Ltd. manufactures and sells construction machinery in Japan and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 6432's dividend (2.71%) is low compared to the top 25% of dividend payers in the JP market (3.62%).
Future Dividend Coverage
Rewards
Trading at 71.1% below our estimate of its fair value
Earnings are forecast to grow 11.41% per year
Earnings grew by 33.4% over the past year
Risks
No risks detected for 6432 from our risks checks.
Sigmakoki Co., Ltd., together with its subsidiaries, develops, produces, and sells optical equipment products, automatic application products, and optical elements/thin films.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 7713's dividend (2.62%) is low compared to the top 25% of dividend payers in the JP market (3.62%).
Future Dividend Coverage
Rewards
Price-To-Earnings ratio (9.2x) is below the JP market (12.7x)
Earnings are forecast to grow 11.88% per year
Earnings grew by 42.3% over the past year
Risks
Does not have a meaningful market cap (Â¥11B)