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Dividend Yield: 3.4%

Wah Hong Industrial's dividend yield of 3.38% is lower than Taiwan's top quartile, but dividends are covered by earnings and cash flow with payout ratios of 46.2% and 66.5%, respectively. Despite past volatility, dividends have increased over the last decade, though stability remains a concern due to historical drops exceeding 20%. The company's price-to-earnings ratio of 13.8x suggests it is undervalued compared to the market average, providing potential value for investors.

• Delve into the full analysis dividend report here for a deeper understanding of Wah Hong Industrial.

• According our valuation report, there's an indication that Wah Hong Industrial's share price might be on the expensive side.

Kyoei Steel

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

Overview: Kyoei Steel Ltd. manufactures, processes, and sells billets and steel products in Japan, Vietnam, North America, and internationally with a market cap of ¥77.97 billion.

Operations: Kyoei Steel Ltd.'s revenue segments include the Domestic Steel Business at ¥152.49 billion, the Overseas Steel Business at ¥162.63 billion, and the Environmental Recycling Business at ¥7.04 billion.

Dividend Yield: 5%

Kyoei Steel's dividend yield of 5.02% ranks in the top 25% in Japan, though its history shows volatility over the past decade. Despite this, dividends have grown and are well-covered by earnings and cash flows with payout ratios of 41.4% and 21.4%, respectively. The stock trades at a significant discount to its estimated fair value, suggesting it offers good relative value compared to peers despite recent profit margin declines from last year.

• Dive into the specifics of Kyoei Steel here with our thorough dividend report.

• Insights from our recent valuation report point to the potential undervaluation of Kyoei Steel shares in the market.

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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 SEHK:887 TPEX:8240 and TSE:5440.

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