The Dividend Yield and Quality Leaderboard uses an advanced quantitative model to determine companies that have the best income generating opportunities across our database of global securities. We use a combination of current dividend yield, and dividend growth, to generate a score that ranks companies from 0 to 100, with 100 being the most desirable.
You can click on each company below to see the dividend profile.
Stock 5 - Geo Energy Resources Ltd (SGX:RE4) - Score 98.88
Geo Energy Resources is an integrated coal mining producer.
RE4 has shown strong dividend growth over the past few years, experiencing cash flow tailwinds from a rising coal price.
- RE4 most recently upgraded their their dividend to SG$0.09 per share following the surge in commodity prices
- In the recent FY21 result, the stock saw revenue jump +109% over the year to $641 million.
- BCC has a rolling 16.2% annual dividend yield
- The stock has a 3 year dividend growth rate of 5.43%
RE4 is scheduled to hold its AGM on the 28th of April and to release a Q1 update around the 16th of May.
Stock 4 - Asia Commercial Holdings Ltd (HKG:0104) - Score 98.95
Asia Commercial is an investment company that engages in the retailing of watches and luxury products.
04 has seen its share price decline much quicker than its results. While profits and revenues retraced over the past year, the stock price fell much faster, driving the firm's dividend yield higher
- 104 recently returned to paying dividends after no distributions were paid over 2020.
- 104 has a rolling 51% annual dividend yield when looking at the current dividends over the past year
- The stock has a 2 year growth rate of 3.19%
Stock 3 - Tak Lee Machinery Holdings Ltd (HKG:2102) - Score 98.97
Tak Lee Machinery manufactures construction and machinery equipment and engages in the selling and leasing of heavy equipment.
2102 has record of growing dividends over the past 3 years
- 2102 has a 3 year dividend growth of 7%
- 2102 has a rolling 15.38% annual dividend yield
Tak Lee Machinery is scheduled to report Q3 earnings around the 14th of June.
Stock 2 - Samudera Shipping Line Ltd. (SGX:S56) - Score 99.02
Samudera Shipping Line provides logistics services for containerized cargo, gas and liquid goods through Asia and the Middle East.
S56 has a track record of increasing dividends over the past 3 years as the shipping industry has boomed as a result of the pandemic.
- S56 recently declared at 12.75c dividend as FY21 net profit soared
- S56 has a 3 year dividend growth rate of 18%
- S56 has a rolling 14.25% annual dividend yield
S56 is scheduled to hold its AGM on the 27th of April and to release Q2 results around the 27th of July.
Stock 1 - OneMain Holdings Inc (NYSE:OMF) - Score 99.32
OneMain Holdings. is an American consumer finance company that provides underwriting, origination and servicing of personal loans.
OMF has a track record of consecutive dividend increases over the past 3 years and has paid a special dividend over the past 3 years.
- OMF most recently increased their quarterly dividend in February 2022 by 35.7% to 95 cents from 70 cents. The annual dividend yield excluding special dividends is currently ~7.6%
- OMF has a rolling 21.65% annual dividend yield when including the $4.20 special dividend paid in August 2021 and $3.95 paid in February 2021.
OMF has a consensus ‘buy’ rating with an average target price of ~$71.50 implying a +43% capital return to the current stock price.
How We Calculate The Dividend Score:
The primary ranking factors are dividend yield and dividend growth. Since dividends are paid out of incoming cash, we provide the Cash from Operations (CFOP) Payout Ratio, which is simply the portion of cash from operations used to pay the dividends ( dividends paid / cash from operations). Companies with a negative CFOP Payout Ratio or a CFOP Payout Ratio greater than one did not make enough cash from their operations in the trailing twelve months to pay the declared dividend, which could indicate that the company's ability to pay future dividends is at risk, so we filter these companies from this list.
Article by Ben Ward, Fintel