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Top Global Dividend Stocks
UPDATED Aug 12, 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.
450 companies meet this criteria in the Global market
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 4966's dividend (3.98%) is low compared to the top 25% of dividend payers in the TW market (6.55%).
Rewards
Trading at 42.2% below our estimate of its fair value
Earnings are forecast to grow 9.79% per year
Earnings have grown 28.3% per year over the past 5 years
Risks
Highly volatile share price over the past 3 months
Taiji Computer Corporation Limited engages in the development, manufacture, and sale of electronic special equipment in China.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 002368's dividend (0.98%) is low compared to the top 25% of dividend payers in the CN market (1.87%).
Future Dividend Coverage
Rewards
Trading at 92.6% below our estimate of its fair value
Earnings are forecast to grow 20.09% per year
Risks
Large one-off items impacting financial results
Nireco Corporation provides process control, Web control, and inspection systems in Japan.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 6863's dividend (5.05%) is in the top 25% of dividend payers in the JP market (3.63%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 50.9% below our estimate of its fair value
Earnings are forecast to grow 29.28% per year
Earnings grew by 29.3% over the past year
Risks
Does not have a meaningful market cap (Â¥7B)
Magni-Tech Industries Berhad, an investment holding company, manufactures and sells garments.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: MAGNI's dividend (5.24%) is in the top 25% of dividend payers in the MY market (4.82%)
Notable Dividend
Stable Dividend
Rewards
Price-To-Earnings ratio (9x) is below the MY market (14.5x)
Earnings are forecast to grow 15.06% per year
Risks
No risks detected for MAGNI from our risks checks.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 7313's dividend (3.94%) is in the top 25% of dividend payers in the JP market (3.63%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 51.4% below our estimate of its fair value
Earnings are forecast to grow 39.08% per year
Risks
Profit margins (2.4%) are lower than last year (7.2%)
CSG Holding Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells glass products in Mainland and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 200012's dividend (7.65%) is in the top 25% of dividend payers in the CN market (1.87%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 86.9% below our estimate of its fair value
Earnings are forecast to grow 29.78% per year
Earnings grew by 7.9% over the past year
Risks
Large one-off items impacting financial results
Totetsu Kogyo Co., Ltd. engages in the railway track maintenance, civil engineering, architectural, and environmental businesses in Japan.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 1835's dividend (3.85%) is in the top 25% of dividend payers in the JP market (3.63%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 63% below our estimate of its fair value
Earnings are forecast to grow 13.27% per year
Risks
Profit margins (4.3%) are lower than last year (7%)
New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: NHC's dividend (7.73%) is in the top 25% of dividend payers in the Australian market (6.21%)
Notable Dividend
Stable Dividend
Rewards
Price-To-Earnings ratio (7.9x) is below the Australian market (15.4x)
Earnings are forecast to grow 8.75% per year
Became profitable this year
Risks
No risks detected for NHC from our risks checks.