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Top Turkish (BIST) Consumer Durables Dividend Stocks
UPDATED May 16, 2022
What are the best Turkish (BIST) Consumer Durables Dividend Stocks? According to our Simply Wall St analysis these are the best Turkish Consumer Durables 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.
2 companies meet this criteria in the Turkish market
IBSE:VESBE
Vestel Beyaz Esya Sanayi ve Ticaret
Vestel Beyaz Esya Sanayi ve Ticaret A.S. manufactures electronics and household appliances in Turkey, Europe, and internationally.
Dividend Criteria
Dividend Coverage
Future Dividend Coverage
High Dividend: VESBE's dividend (4.64%) is in the top 25% of dividend payers in the TR market (3.95%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 25.6% below our estimate of its fair value
Earnings are forecast to grow 27.35% per year
Earnings have grown 38.6% per year over the past 5 years
Risks
Profit margins (9.6%) are lower than last year (14%)
Has a high level of debt
IBSE:MAVI
Mavi Giyim Sanayi ve Ticaret
Mavi Giyim Sanayi ve Ticaret A.S. engages in the wholesale and retail sale of ready-to-wear denim apparel for men, women, and children.
Dividend Criteria
Dividend Coverage
Future Dividend Coverage
High Dividend: MAVI's dividend (6.14%) is in the top 25% of dividend payers in the TR market (3.95%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 31.6% below our estimate of its fair value
Earnings are forecast to grow 29.99% per year
Earnings grew by 8637.5% over the past year
Risks
No risks detected for MAVI from our risks checks.