Dividend Yield: 3.6%

Halyk Bank’s dividend yield of 3.57% is below the UK top quartile, and its dividend history has been unstable over the past decade. Despite this volatility, dividends are currently well covered by earnings with a payout ratio of 35%, projected to remain sustainable at 48.4% in three years. The bank faces challenges with high non-performing loans (6.9%) and inadequate allowances (76%). Recent management changes could impact strategic focus on security and IT improvements.

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• Upon reviewing our latest valuation report, Halyk Bank of Kazakhstan’s share price might be too pessimistic.

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

Overview: Kingfisher plc, with a market cap of £4.88 billion, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally through its subsidiaries.

Operations: Kingfisher plc generates its revenue of £12.86 billion from the supply of home improvement products and services.

Dividend Yield: 4.5%

Kingfisher’s dividend payments are well covered by both earnings (payout ratio of 67%) and cash flows (cash payout ratio of 20.9%), though its dividend history has been volatile over the past decade. Trading at a significant discount to its estimated fair value, Kingfisher presents good relative value compared to peers. Recent strategic moves include completing a £300 million share buyback program and appointing new board members, which may influence future governance and strategy.

• Take a closer look at Kingfisher’s potential here in our dividend report.

• Our comprehensive valuation report raises the possibility that Kingfisher is priced lower than what may be justified by its financials.

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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 AIM:LIV LSE:HSBK and LSE:KGF.

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