The pandemic is revolutionizing companies and industries and accelerating major structural changes. This is also reflected in the financial markets. That is why Personal-Financial.com has again filtered out the 50 stocks from 1,800 stocks worldwide that operate solidly and reliably pay high dividends. We would like to introduce eleven companies to you here:
Daicel: Dividend coated
Movie buffs should know the Japanese chemical company from Osaka. Daicel developed motion picture materials in the 1930s and did so so successfully that the business was outsourced to its own well-known company: Fujifilm. Daicel still produces acids and coatings for the film industry, but also for display manufacturers, large cosmetic companies, tobacco companies and car manufacturers. With a dividend yield of 4.4 percent, the company is more generous to shareholders than most other Personal-Financial.com stocks. The weakness of the automotive industry is bothering Daicel, but thanks to a broad customer base, the recovery should not be long in coming.
@imago images / IP3press
Danone: more than milk
Strikes at home: Because the employees of the Danone plant in Rosenheim cannot protest together against measly severance payments because of the Corona crisis, they simply did “home-striking” at the beginning of September. Because Danone closes the plant and opens a new one in Ochsenfurt: That fits better into the new strategy. In addition to dairy products, protein and plant-based products can also be flexibly produced there in small batches. The French group wants to transform itself into a pioneer for healthy food. Market shares that have been lost in recent years are to be regained. With a price-earnings ratio of 19.2, investors get cheap with the self-proclaimed trendsetter.
@imago images / All Canada Photos
Fortis: even suitable for children
The Canadian daily “The Globe and Mail” recently urged parents to use the time at home to teach their children the basics of investing. Fortis, the largest electricity and gas supplier in Canada, was on the enclosed share recommendation list. What is suitable for children cannot harm older investors. After all, Fortis has been raising dividends annually for 46 years. In addition, the Newfoundland-based company is investing Canadian dollars 4.3 billion in renewable energies and storage solutions, which corresponds to 70 percent of the investment capital in 2020.
@imago images / UIG
What do the first and the smallest pacemaker in the world have in common? Both are from Medtronic. The company’s founder Earl Bakken developed the first external device in 1957, and the Dublin-based company brought the smallest implantable device onto the market in 2016. Medtronic is now involved in therapies for diabetes and has also developed a robot for spinal surgery. Such treatments, on which patients always depend, make the company stable. Despite the crisis, Medtronic increased its profits to $ 4.8 billion in the last fiscal year at the end of April.
Nichirei: Hungry for cash
Asian noodle soups are an absolute emergency meal: pour hot water over them, wait five minutes, and you’re done. One of the largest manufacturers is Nichirei. Shark fin soup is only available as a frozen product, however, and fresh products are only available in the home market of Japan. The Tokyo-based company turned over the equivalent of 4.7 billion euros in the past financial year. In the capital ranking, Nichirei stands out positively due to its high level of cash in relation to the price. This means that the food company is well prepared for an ongoing crisis.
@imago images / Ritzau Scanpix
Novo Nordisk: healthy dividend
When it was not foreseeable what impact the corona pandemic would have on everyday life, diabetes patients topped up their insulin supplies. The Danish manufacturer Novo Nordisk felt this: At the beginning of the year there was a sale, now business is stalling. No reason for investors to avoid the stock: business should normalize towards the end of the year. The dividend yield, which has been around two percent for decades, is not in danger. The share price climbed to new highs quite quickly after the crash in March – and has potential for further records.
Nucor: group made of steel
Steel? Sounds like price dumping and polluters. But Nucor has a business model that is impressive. The US company primarily recycles scrap and is one of the world’s largest operators of mini mills, special electric melting furnaces. However, the industrial company is currently suffering from the lockdown and interrupted supply chains, with both sales and profits falling recently. But the price / earnings ratio is so cheap compared to the industry as a whole that investors can grab a bargain – and look forward to a reliably high dividend.
Shin-Etsu Chemical: looking to the future conservatively
The semiconductor industry recently suffered from falling smartphone, tablet and car sales. But that should change permanently with the expansion of the 5G network and a new generation of car models. One of the profiteers is Shin-Etsu. The largest chemical company in Japan is one of the market leaders in the global semiconductor market. The low payout ratio shows that the Tokyo-based company pursues a conservative dividend policy and can maintain this even in times of crisis. The company is currently supporting the price with a buyback program.
@imago images / Belga
Sodexo: on the back burner
Without Sodexo, many restaurants would not be able to work again. With the webinar “One Step Ahead”, the French service provider helped restaurateurs after the shutdown, for example with hygiene concepts. Nevertheless, the crisis hits the group, which is based southwest of Paris, hard: In the past quarter, sales fell by 30 percent. As a precaution, Sodexo has raised a good 1 billion euros on the capital market through a bond. With an efficient cost structure and a solid balance sheet, Sodexo should master the phase. Investors are currently getting in cheaply.
Sundrug: Beauty from the Far East
Sundrug is comparable to the German drugstore chains dm and Rossmann. And just as successful, but just listed. The figures from the financial year that ended at the end of March show that the corona crisis has so far had little impact on the company. Sales increased, profit only decreased slightly. This is also due to a top-speed expansion: the group is still only active in Japan, but since Japanese beauty care is also in demand in the rest of the world, doors could soon open abroad. Sundrug is already available at Amazon.
@imago images / MediaPunch
Walmart: the dead live longer
If you want to avoid crowds, the best place to go shopping is where everything from apples to pipe wrenches is available. One reason why Walmart’s supermarkets have recently been very busy. On top of that, Walmart has done its internet homework. Competitor Ebay has long been overtaken, in 2019 online sales were $ 19 billion, and in the first half of the year it doubled year-on-year. Now the company from the US state of Arkansas is running an equally ambitious sustainability program and reducing CO2 emissions.