Top Dividend Stocks To Consider Including AME Real Estate Investment Trust

Global markets have shown mixed performance recently, with small-cap and value shares outpacing large-cap growth stocks. Economic indicators paint a varied picture, with housing market slumps and manufacturing contractions contrasted by resilient consumer spending and business investment. In this context, dividend stocks can offer a stable income stream amidst market volatility. This article will explore three top dividend stocks to consider, including AME Real Estate Investment Trust.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Yamato Kogyo (TSE:5444)	3.79%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.79%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	3.66%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	7.27%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.91%	★★★★★★
KurimotoLtd (TSE:5602)	4.52%	★★★★★★
Kwong Lung Enterprise (TPEX:8916)	6.26%	★★★★★★
James Latham (AIM:LTHM)	5.57%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.63%	★★★★★★
Innotech (TSE:9880)	4.30%	★★★★★★

Click here to see the full list of 2015 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

AME Real Estate Investment Trust (KLSE:AMEREIT)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: AME REIT is an Islamic Real Estate Investment Trust focusing on Shariah-compliant industrial properties in Malaysia and abroad, with a market cap of MYR767.32 million.

Operations: AME REIT generates revenue primarily from its Shariah-compliant commercial real estate segment, amounting to MYR48.94 million.

Dividend Yield: 5%

AME Real Estate Investment Trust offers a dividend yield of 4.97%, placing it among the top 25% of dividend payers in the Malaysian market. The company has increased its dividends over the past two years, though its track record is relatively short and somewhat unstable. Dividends are covered by both earnings (81.8%) and cash flows (82%). Recent earnings show modest growth, with Q1 revenue at MYR 12.33 million and net income at MYR 8.89 million, reflecting stable financial performance despite lower profit margins compared to last year.

• Delve into the full analysis dividend report here for a deeper understanding of AME Real Estate Investment Trust.
• Upon reviewing our latest valuation report, AME Real Estate Investment Trust's share price might be too optimistic.

Bank of Valletta (MTSE:BOV)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Bank of Valletta p.l.c. offers a range of banking, financial, and investment services in Malta and has a market cap of €864.10 million.

Operations: Bank of Valletta p.l.c.'s revenue segments include Treasury (€71.20 million), Retail Banking (€168.98 million), Business Banking (€192.21 million), and Wealth Management (€18.87 million).

Dividend Yield: 8.9%

Bank of Valletta's recent earnings report for the half year ended June 30, 2024, showed net income of €97.63 million, up from €68.99 million a year ago. The bank offers a high dividend yield (8.86%), placing it in the top 25% of MT market payers. Despite its low payout ratio (40.4%) and increased dividends over the past decade, its dividend payments have been volatile and unreliable due to a high level of bad loans (3.4%).

• Unlock comprehensive insights into our analysis of Bank of Valletta stock in this dividend report.
• The analysis detailed in our Bank of Valletta valuation report hints at an inflated share price compared to its estimated value.

Guangdong Provincial Expressway Development (SZSE:000429)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Guangdong Provincial Expressway Development Co., Ltd. develops and operates expressways and bridges in the People's Republic of China, with a market cap of CN¥20.78 billion.

Operations: Guangdong Provincial Expressway Development Co., Ltd. generates revenue through its subsidiaries by developing and operating expressways and bridges in the People's Republic of China.

Dividend Yield: 5%

Guangdong Provincial Expressway Development's dividend yield of 5.03% ranks it among the top 25% of CN market payers. Despite a reasonable payout ratio (70.1%) and cash payout ratio (57.5%), its dividends have been volatile over the past decade, though they have increased overall. Recent news includes a declared cash dividend of CNY 5.47 per 10 shares for 2023, with payments scheduled for mid-July 2024 on both A and B shares.

• Get an in-depth perspective on Guangdong Provincial Expressway Development's performance by reading our dividend report here.
• The valuation report we've compiled suggests that Guangdong Provincial Expressway Development's current price could be quite moderate.

Next Steps

• Click this link to deep-dive into the 2015 companies within our Top Dividend Stocks screener.
• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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