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Dividend Yield: 2.4%

China Banking Corporation's dividends have been stable and reliable over the past decade, supported by a low payout ratio of 13.3%, indicating strong coverage by earnings. However, its dividend yield of 2.37% is relatively low compared to top-tier payers in the Philippine market. Despite this, CBC has seen consistent earnings growth at 18.3% annually over five years, although it faces challenges with a high bad loans ratio of 2.4%.

• Dive into the specifics of China Banking here with our thorough dividend report.

• Insights from our recent valuation report point to the potential overvaluation of China Banking shares in the market.

Meiwa

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

Overview: Meiwa Corporation operates in the chemicals, lubricants, battery materials, automotive and mineral resource, and environmental sectors both domestically in Japan and internationally, with a market cap of ¥26.41 billion.

Operations: Meiwa Corporation's revenue segments include First Business at ¥42.86 billion, Third Business at ¥59.98 billion, Second Business at ¥47.67 billion, and Automobile/Battery Materials Business at ¥11.34 billion.

Dividend Yield: 4.7%

Meiwa's dividend yield of 4.66% ranks in the top 25% of payers in Japan, though its dividends have been volatile over the past decade, with drops exceeding 20%. Despite this instability, dividend payments are well-supported by a low payout ratio of 45.2% and a cash payout ratio of 25.9%. The company's earnings surged by 94.6% last year, and it trades at a significant discount to its estimated fair value.

• Click here and access our complete dividend analysis report to understand the dynamics of Meiwa.

• In light of our recent valuation report, it seems possible that Meiwa is trading behind its estimated value.

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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 KOSE:A000810 PSE:CBC and TSE:8103.

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