Stock Analysis

Discover Teo Seng Capital Berhad And Two Leading Dividend Stocks

KLSE:TEOSENG
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As global markets experience fluctuations, with the S&P 500 Index advancing and European indices buoyed by interest rate cuts, investors are keenly observing economic indicators like consumer spending and industrial output. In this dynamic environment, dividend stocks remain attractive for their potential to provide steady income streams amidst market volatility. A good dividend stock often combines a reliable payout history with strong fundamentals, making it a valuable consideration for those seeking stability in uncertain times. This article will explore Teo Seng Capital Berhad alongside two other leading dividend stocks that exemplify these qualities.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)7.05%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)5.23%★★★★★★
Premier Financial (NasdaqGS:PFC)5.08%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.74%★★★★★★
Mitsubishi Research Institute (TSE:3636)3.85%★★★★★★
Innotech (TSE:9880)4.77%★★★★★★
CAC Holdings (TSE:4725)4.62%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.81%★★★★★★
GakkyushaLtd (TSE:9769)4.56%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.81%★★★★★★

Click here to see the full list of 2042 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Teo Seng Capital Berhad (KLSE:TEOSENG)

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

Overview: Teo Seng Capital Berhad is an investment holding company that primarily operates in the poultry farming business across Malaysia, Singapore, and internationally, with a market capitalization of MYR770.88 million.

Operations: Teo Seng Capital Berhad generates its revenue primarily from the poultry segment, contributing MYR670.39 million, and from trading activities amounting to MYR221.71 million.

Dividend Yield: 3.2%

Teo Seng Capital Berhad's dividend payments are well covered by earnings and cash flows, with a low payout ratio of 19.8% and a cash payout ratio of 15.4%. However, the dividend yield of 3.24% is below the top tier in Malaysia, and the company has an unstable dividend track record over the past decade. Recent earnings show growth, with net income for six months at MYR 60.41 million compared to MYR 45.08 million last year.

KLSE:TEOSENG Dividend History as at Oct 2024
KLSE:TEOSENG Dividend History as at Oct 2024

Chow Tai Fook Jewellery Group (SEHK:1929)

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

Overview: Chow Tai Fook Jewellery Group Limited is an investment holding company that manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, and internationally, with a market cap of approximately HK$72.71 billion.

Operations: Chow Tai Fook Jewellery Group Limited generates revenue primarily from Mainland China, contributing HK$89.70 billion, and from Hong Kong, Macau, and other markets with HK$19.92 billion.

Dividend Yield: 7.0%

Chow Tai Fook Jewellery Group's dividend yield of 7.01% is lower than the top tier in Hong Kong, and its payout ratio is high at 84.6%, though covered by earnings and cash flows (42.7%). Despite a volatile dividend history, payments have grown over the past decade. Recent sales figures show declines across key markets, impacting retail performance. The company continues to innovate with new concept stores to enhance customer experience and brand presence amid challenging market conditions.

SEHK:1929 Dividend History as at Oct 2024
SEHK:1929 Dividend History as at Oct 2024

Radiant Opto-Electronics (TWSE:6176)

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

Overview: Radiant Opto-Electronics Corporation manufactures and sells backlight modules and light guide plates for LCD panels across Asia, Europe, and the United States, with a market cap of NT$98.59 billion.

Operations: Radiant Opto-Electronics Corporation's revenue is derived from its Taiwan Regional segment, contributing NT$25.80 billion, and the Mainland District segment, contributing NT$34.20 billion.

Dividend Yield: 4.7%

Radiant Opto-Electronics offers a dividend yield of 4.71%, placing it in the top 25% of Taiwan's market, with a payout ratio of 76.8% covered by earnings and cash flows at 63.9%. Despite an unstable dividend track record, payments have increased over the past decade. Recent earnings show modest growth with sales reaching TWD 11.95 billion for Q2 2024, though net income decreased compared to last year amidst strategic shifts into the Meta-Optics market.

TWSE:6176 Dividend History as at Oct 2024
TWSE:6176 Dividend History as at Oct 2024

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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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