Stock Analysis
- Taiwan
- /
- Auto Components
- /
- TWSE:1319
Discover Roche Bobois And 2 Other Prominent Dividend Stocks
Reviewed by Simply Wall St
As global markets navigate a choppy start to the year, influenced by inflation concerns and political uncertainties, investors are keenly observing economic indicators and policy shifts. Amidst this backdrop, dividend stocks continue to attract attention for their potential to provide steady income streams in volatile times. In this article, we explore Roche Bobois alongside two other notable dividend stocks that exemplify resilience and consistent performance in today's unpredictable market environment.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Peoples Bancorp (NasdaqGS:PEBO) | 5.07% | ★★★★★★ |
Guaranty Trust Holding (NGSE:GTCO) | 6.45% | ★★★★★★ |
MISC Berhad (KLSE:MISC) | 5.10% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.15% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.03% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.62% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.56% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.91% | ★★★★★★ |
E J Holdings (TSE:2153) | 4.08% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.89% | ★★★★★★ |
Click here to see the full list of 2003 stocks from our Top Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Roche Bobois (ENXTPA:RBO)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Roche Bobois S.A. is a global company involved in the design and distribution of furniture, with a market cap of €387.42 million.
Operations: Roche Bobois S.A.'s revenue is derived from several segments, including Roche Bobois USA/Canada (€141.89 million), Roche Bobois France (€115.24 million), Roche Bobois Europe excluding France (€102.35 million), Cuir Center (€41.90 million), and Corporate (€3.82 million).
Dividend Yield: 5.9%
Roche Bobois offers a dividend yield in the top 25% of French market payers, with dividends covered by both earnings and cash flows. However, its dividend history is unstable, showing volatility over the past six years. Despite trading at 48% below estimated fair value, profit margins have decreased from last year. Earnings are projected to grow annually by 13.72%, suggesting potential for future financial improvement despite current challenges in dividend reliability.
- Navigate through the intricacies of Roche Bobois with our comprehensive dividend report here.
- Our expertly prepared valuation report Roche Bobois implies its share price may be lower than expected.
Meitav Trade Investments (TASE:MTRD)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Meitav Trade Investments Ltd offers financial investment services and has a market cap of ₪544.48 million.
Operations: Meitav Trade Investments Ltd generates revenue primarily from its asset management segment, which amounts to ₪175.70 million.
Dividend Yield: 6.7%
Meitav Trade Investments offers a dividend yield in the top 25% of the IL market, supported by a payout ratio of 45.6%, indicating dividends are well covered by earnings. The company recently initiated dividend payments, making it too early to assess stability or growth trends. Despite trading at 46.2% below estimated fair value, recent earnings showed improvement with Q3 revenue at ILS 46.12 million and net income rising to ILS 11.74 million year-over-year.
- Delve into the full analysis dividend report here for a deeper understanding of Meitav Trade Investments.
- Our valuation report unveils the possibility Meitav Trade Investments' shares may be trading at a discount.
Tong Yang Industry (TWSE:1319)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tong Yang Industry Co., Ltd. manufactures and sells automobile and motorcycle parts, components, and models in Taiwan, China, the United States, and internationally with a market cap of NT$66.84 billion.
Operations: Tong Yang Industry Co., Ltd. generates revenue through its automotive and motorcycle parts, components, and models business across Taiwan, China, the United States, and other international markets.
Dividend Yield: 3.5%
Tong Yang Industry's dividend yield of 3.54% is below the top 25% in Taiwan, with a reasonable payout ratio of 60.8%, indicating coverage by earnings, though cash flow coverage is tighter at 79.8%. The company's dividend history has been volatile over the past decade despite some growth, reflecting unreliability. Recent Q3 results showed a decline in net income to TWD 882.78 million year-over-year, although nine-month figures improved significantly to TWD 3 billion from TWD 2.22 billion previously.
- Dive into the specifics of Tong Yang Industry here with our thorough dividend report.
- Upon reviewing our latest valuation report, Tong Yang Industry's share price might be too pessimistic.
Taking Advantage
- Investigate our full lineup of 2003 Top Dividend Stocks right here.
- 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.
- Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.
Seeking Other Investments?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Tong Yang Industry might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About TWSE:1319
Tong Yang Industry
Engages in the manufacture and sale of parts, components, and models for automobiles and motorcycles in Taiwan, China, the United States, and internationally.