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Top Global Dividend Stocks
UPDATED Aug 14, 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.
442 companies meet this criteria in the Global market
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: TIETO's dividend (5.29%) is in the top 25% of dividend payers in the Finnish market (4.73%)
Notable Dividend
Stable Dividend
Rewards
Trading at 41.1% below our estimate of its fair value
Earnings are forecast to grow 15.75% per year
Risks
Large one-off items impacting financial results
Ford Otomotiv Sanayi A.S. manufactures, assembles, imports, exports, and sells motor vehicles and spare parts in Turkey.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: FROTO's dividend (3.93%) is in the top 25% of dividend payers in the TR market (3.27%)
Notable Dividend
Stable Dividend
Rewards
Price-To-Earnings ratio (9.3x) is below the TR market (11.2x)
Earnings are forecast to grow 14.41% per year
Earnings grew by 104.6% over the past year
Risks
Has a high level of debt
Olympic Industries Limited manufactures, markets, distributes, and sells biscuits, confectionery, bakery and snacks products, and dry cell batteries in Bangladesh and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: OLYMPIC's dividend (4.2%) is in the top 25% of dividend payers in the BD market (3.84%)
Notable Dividend
Rewards
Trading at 24.4% below our estimate of its fair value
Earnings are forecast to grow 22.22% per year
Risks
High level of non-cash earnings
Profit margins (7.3%) are lower than last year (11.7%)
Volatile share price over the past 3 months
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: A049770's dividend (2.15%) is low compared to the top 25% of dividend payers in the KR market (2.95%).
Rewards
Trading at 70.2% below our estimate of its fair value
Earnings are forecast to grow 22.12% per year
Risks
Profit margins (1.7%) are lower than last year (2.6%)
Has a high level of debt
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: FBNC's dividend (2.32%) is low compared to the top 25% of dividend payers in the US market (3.95%).
Rewards
Trading at 63.5% below our estimate of its fair value
Earnings are forecast to grow 18.72% per year
Earnings have grown 14% per year over the past 5 years
Risks
Shareholders have been diluted in the past year
Amdocs Limited, through its subsidiaries, provides software and services worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: DOX's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Rewards
Trading at 47.3% below our estimate of its fair value
Earnings are forecast to grow 7.41% per year
Risks
No risks detected for DOX from our risks checks.
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: FEMSA UBD's dividend (2.6%) is low compared to the top 25% of dividend payers in the MX market (6.09%).
Rewards
Trading at 38.8% below our estimate of its fair value
Earnings are forecast to grow 16.91% per year
Earnings grew by 212.1% over the past year
Risks
No risks detected for FEMSA UBD from our risks checks.
Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: APOLLOTYRE's dividend (1.38%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).
Rewards
Price-To-Earnings ratio (21.4x) is below the Auto Components industry average (22.1x)
Earnings are forecast to grow 30.84% per year
Risks
Has a high level of debt