Wendel And Two Other Dividend Stocks For Your Portfolio

Simply Wall St.
29 Nov 2024

As global markets show signs of resilience with U.S. indexes nearing record highs and broad-based gains, investors are navigating a landscape marked by geopolitical tensions and economic uncertainties. In this environment, dividend stocks like Wendel offer potential stability and income, making them an attractive consideration for those looking to balance growth with consistent returns amidst fluctuating market conditions.

Top 10 Dividend Stocks

Name Dividend Yield Dividend Rating
Wuliangye YibinLtd (SZSE:000858) 3.24% ★★★★★★
GakkyushaLtd (TSE:9769) 4.52% ★★★★★★
Yamato Kogyo (TSE:5444) 3.89% ★★★★★★
Guangxi LiuYao Group (SHSE:603368) 3.31% ★★★★★★
Padma Oil (DSE:PADMAOIL) 6.60% ★★★★★★
China South Publishing & Media Group (SHSE:601098) 4.40% ★★★★★★
Nihon Parkerizing (TSE:4095) 3.93% ★★★★★★
FALCO HOLDINGS (TSE:4671) 6.88% ★★★★★★
HUAYU Automotive Systems (SHSE:600741) 4.44% ★★★★★★
E J Holdings (TSE:2153) 3.89% ★★★★★★

Click here to see the full list of 1964 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Wendel

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

Overview: Wendel is a private equity firm focusing on equity financing in middle markets and later stages through leveraged buy-outs and acquisitions, with a market cap of €3.99 billion.

Operations: Wendel's revenue is primarily derived from its segments, with Bureau Veritas contributing €5.99 billion, Stahl generating €935.20 million, CPI bringing in €136 million, and ACAMS providing €93.60 million.

Dividend Yield: 4.3%

Wendel's dividend payments have been stable and growing over the past decade, supported by a low cash payout ratio of 14.2%, indicating strong coverage by cash flows. However, the dividend yield of 4.26% is lower than the top quartile in France and not well covered by earnings due to unprofitability. Recent sales growth, with Q3 net sales reaching €2 billion, suggests operational momentum that could support future dividend sustainability despite current challenges.

  • Take a closer look at Wendel's potential here in our dividend report.
  • Our valuation report here indicates Wendel may be undervalued.
ENXTPA:MF Dividend History as at Nov 2024

Tsingtao Brewery

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

Overview: Tsingtao Brewery Company Limited, along with its subsidiaries, is involved in the production, distribution, wholesale, and retail sale of beer products across Mainland China, Hong Kong, Macau, and internationally with a market cap of approximately HK$85.10 billion.

Operations: Tsingtao Brewery Company Limited generates its revenue primarily from the production and sale of beer products across various regions, including Mainland China, Hong Kong, Macau, and international markets.

Dividend Yield: 4.5%

Tsingtao Brewery's dividends have been stable and growing over the past decade, although the current yield of 4.45% is below the top quartile in Hong Kong. The payout ratio of 62.6% suggests dividends are covered by earnings, but a high cash payout ratio of 150.9% indicates insufficient free cash flow coverage. Despite a decline in recent sales to CNY 28.96 billion for nine months ending September 2024, net income has increased slightly, supporting dividend reliability amidst operational challenges.

  • Click here to discover the nuances of Tsingtao Brewery with our detailed analytical dividend report.
  • The analysis detailed in our Tsingtao Brewery valuation report hints at an deflated share price compared to its estimated value.
SEHK:168 Dividend History as at Nov 2024

Raito Kogyo

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

Overview: Raito Kogyo Co., Ltd. operates in the civil engineering sector across Japan, North America, and internationally, with a market cap of ¥99.41 billion.

Operations: Raito Kogyo Co., Ltd. generates revenue through its civil engineering operations both domestically in Japan and on an international scale, including North America.

Dividend Yield: 4.1%

Raito Kogyo's dividends have been stable and growing over the past decade, with a yield of 4.15%, placing it in the top quartile of Japanese dividend payers. The company's payout ratios—40.1% from earnings and 44.2% from cash flows—indicate sustainable dividend coverage. Recent share buybacks totaling ¥4.97 billion suggest strong capital management, enhancing shareholder value alongside reliable dividend payments despite market fluctuations.

  • Unlock comprehensive insights into our analysis of Raito Kogyo stock in this dividend report.
  • The analysis detailed in our Raito Kogyo valuation report hints at an inflated share price compared to its estimated value.
TSE:1926 Dividend History as at Nov 2024

Next Steps

  • Click this link to deep-dive into the 1964 companies within our Top Dividend Stocks screener.
  • Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
  • Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in 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.

Companies discussed in this article include ENXTPA:MF SEHK:168 and TSE:1926.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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