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Top Global Dividend Stocks
UPDATED Aug 16, 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.
428 companies meet this criteria in the Global market
Almarai Company, together with its subsidiaries, operates as an integrated consumer food and beverage company in Saudi Arabia, Egypt, Jordan, and other Gulf Cooperation Council countries.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 2280's dividend (1.87%) is low compared to the top 25% of dividend payers in the SA market (4.28%).
Rewards
Trading at 30.4% below our estimate of its fair value
Earnings are forecast to grow 12.69% per year
Risks
Has a high level of debt
Lingkaran Trans Kota Holdings Berhad, an investment holding company, engages in the design, construction, operation, management, and maintenance of Lebuhraya Damansara- Puchong and Western Kuala Lumpur Traffic Dispersal Scheme highway in Malaysia.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: LITRAK's dividend (6.26%) is in the top 25% of dividend payers in the MY market (4.86%)
Notable Dividend
Stable Dividend
Rewards
Trading at 61.2% below our estimate of its fair value
Earnings are forecast to grow 18.94% per year
Risks
No risks detected for LITRAK from our risks checks.
Fresenius Medical Care AG & Co. KGaA provides dialysis care and related dialysis care services in Germany, North America, and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: FME's dividend (3.62%) is low compared to the top 25% of dividend payers in the German market (4.55%).
Rewards
Trading at 59.1% below our estimate of its fair value
Earnings are forecast to grow 23.39% per year
Risks
Has a high level of debt
Honkarakenne Oyj designs, manufactures, and sells log and solid wood building packages in Finland.
Dividend Criteria
Stable Dividend
Growing Dividend
High Dividend: HONBS's dividend (5.11%) is in the top 25% of dividend payers in the Finnish market (4.74%)
Notable Dividend
Future Dividend Coverage
Earnings Coverage
Rewards
Trading at 68.6% below our estimate of its fair value
Earnings are forecast to grow 14.64% per year
Earnings have grown 42.7% per year over the past 5 years
Risks
Does not have a meaningful market cap (€29M)
Volatile share price over the past 3 months
Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: STB's dividend (5.57%) is in the top 25% of dividend payers in the UK market (5.13%)
Notable Dividend
Stable Dividend
Rewards
Trading at 73% below our estimate of its fair value
Earnings are forecast to grow 17.19% per year
Risks
High level of non-cash earnings
Stanbic IBTC Holdings PLC, a financial holding company, provides banking and other financial services to corporate and individual customers in Nigeria and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: STANBIC's dividend (10.7%) is in the top 25% of dividend payers in the NG market (8.04%)
Notable Dividend
Stable Dividend
Rewards
Trading at 1.8% below our estimate of its fair value
Earnings are forecast to grow 20.53% per year
Risks
High level of non-cash earnings
The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: FBMS's dividend (2.4%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Rewards
Trading at 62.3% below our estimate of its fair value
Earnings are forecast to grow 32.93% per year
Earnings have grown 34.4% per year over the past 5 years
Risks
Shareholders have been diluted in the past year
Astellas Pharma Inc. engages in the manufacture, marketing, import, and export of pharmaceuticals worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 4503's dividend (2.93%) is low compared to the top 25% of dividend payers in the JP market (3.61%).
Future Dividend Coverage
Rewards
Trading at 65.6% below our estimate of its fair value
Earnings are forecast to grow 17.23% per year
Earnings grew by 17.2% over the past year
Risks
Large one-off items impacting financial results