In a week marked by volatile earnings reports and mixed economic signals, global markets have shown considerable fluctuations, with major indices like the Nasdaq Composite and S&P MidCap 400 experiencing sharp highs followed by declines. Amidst this backdrop of uncertainty, dividend stocks present a compelling option for investors seeking stability and income, as they can offer consistent returns even when market conditions are unpredictable.
Let’s explore several standout options from the results in the screener.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sappe Public Company Limited, along with its subsidiaries, manufactures and distributes health food and beverage products across Asia, Europe, the United States, and other international markets with a market cap of THB21.25 billion.
Operations: Sappe Public Company Limited generates its revenue primarily from Health Drinking Products, amounting to THB6.42 billion, and Coconut Products, contributing THB357.15 million.
Dividend Yield: 3.2%
Sappe’s dividend payments have been reliable and growing over the past decade, yet they are not well-covered by cash flows due to a high cash payout ratio of 116.7%. Despite stable earnings growth and trading below estimated fair value, Sappe’s dividend yield of 3.16% is low compared to top-tier market payers in Thailand. The recent dissolution of an indirect joint venture aligns with strategic goals but doesn’t impact operations or dividends directly.
SET:SAPPE Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Koei Tecmo Holdings Co., Ltd. is an entertainment company that operates globally, including in Japan, North America, Europe, and Asia, with a market cap of ¥497.92 billion.
Operations: Koei Tecmo Holdings Co., Ltd. generates revenue from several segments, including Entertainment at ¥75.04 billion, Amusement at ¥4.05 billion, and Immovable Properties at ¥1.20 billion.
Dividend Yield: 3%
Koei Tecmo Holdings offers a reliable dividend yield of 3.04%, though it falls short compared to the top tier in Japan’s market. The company’s dividends are well-supported by earnings and cash flows, with payout ratios of 51.7% and 43.6%, respectively. Despite stable dividend growth over the past decade, future earnings are expected to decline slightly, which may impact long-term dividend sustainability. Trading at a favorable P/E ratio of 15.1x enhances its relative value appeal.
TSE:3635 Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Yutaka Giken Co., Ltd. is a manufacturer and seller of automobile parts with operations in Japan, North America, China, Asia, and other international markets, and has a market cap of ¥28.54 billion.
Operations: Yutaka Giken Co., Ltd.’s revenue is derived from its operations in China (¥79.78 billion), North America (¥69.40 billion), Asia (¥36.34 billion), and Japan (¥43.07 billion).
Dividend Yield: 3.7%
Yutaka Giken Ltd. has experienced dividend growth over the past decade, yet its payments have been volatile and unreliable. Despite a low payout ratio of 17.6%, indicating strong earnings coverage, and a cash payout ratio of 6.6%, ensuring solid cash flow support, its dividend yield of 3.74% is slightly below Japan’s top tier. The stock trades significantly below estimated fair value, but the unstable dividend track record poses a concern for long-term investors.
TSE:7229 Dividend History as at Nov 2024
Take a closer look at our Top Dividend Stocks list of 2040 companies by clicking here.
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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.
Companies discussed in this article include SET:SAPPE TSE:3635 and TSE:7229.
