25 NYSE-Traded Foreign Stocks Yielding More Than 5% Dividends
Foreign stocks generally tend to pay higher dividends due to tax policies, a tradition of returning the most profit to investors, etc. While the S&P 500 yields about 2%, many overseas markets have yields in excess of 3%. Hence investors looking for higher yields or diversification may want to consider investing in high-quality foreign stocks paying dividends.
The table below lists 25Â foreign stocks traded on the New York Stock Exchange and paying over 5% in dividends:
| S.No. | Company | Ticker | Dividend Yield (as of Mar 4,2011) | Market Capitalization (as of Mar 4,2011) |
|---|---|---|---|---|
| 1 | Enersis S.A. | ENI | 13.56% | $15.4B |
| 2 | Banco Santander, S.A. | STD | 10.81% | $103.9B |
| 3 | AstraZeneca plc | AZN | 7.58% | $67.8B |
| 4 | Corpbanca | BCA | 7.29% | $3.4B |
| 5 | Telefonica S.A. | TEF | 7.12% | $111.9B |
| 6 | CPFL Energia S.A. | CPL | 7.05% | $11.2B |
| 7 | France Telecom SA | FTE | 6.97% | $58.0B |
| 8 | Telecom Corp of New Zealand | NZT | 6.83% | $3.0B |
| 9 | Philippine Long Distance Telephone | PHI | 6.80% | $11.1B |
| 10 | Nokia Corporation | NOK | 6.42% | $36.8B |
| 11 | GlaxoSmithKline plc | GSK | 6.40% | $103.1B |
| 12 | British American Tobacco | BTI | 6.39% | $74.8B |
| 13 | Westpac Banking Corporation | WBK | 6.19% | $68.2B |
| 14 | Portugal Telecom | PT | 6.16% | $11.5B |
| 15 | BBVA Banco Frances S.A. | BFR | 5.92% | $1.8B |
| 16 | Siliconware Precision Industries | SPIL | 5.87% | $21.5B |
| 17 | YPF SA | YPF | 5.60% | $15.5B |
| 18 | CRH PLC | CRH | 5.44% | $11.9B |
| 19 | Reed Elsevier plc | RUK | 5.41% | $10.2B |
| 20 | Eni S.p.A. | E | 5.40% | $86.8B |
| 21 | Huaneng Power International, Inc. | HNP | 5.39% | $7.5B |
| 22 | Chunghwa Telecom Co., Ltd | CHT | 5.28% | $23.3B |
| 23 | A.F.P Provida SA | PVD | 5.13% | $1.4B |
| 24 | TOTAL S.A. | TOT | 5.12% | $115.6B |
| 25 | Mobile TeleSystems OJSC | MBT | 5.07% | $20.1B |
Note: The above list excludes Canadian stocks
Among the financial stocks, Australia’s Westpac Banking Corporation (WBK) offers a better bet than others since the country’s banking system is stable and Australian banks also benefit from the emerging Asian markets.In the telecom space, Spain’s Telefonica (TEF) with a yield of 7.12% looks attractive due to its high exposure to the growing Latin American market. Oil stocks Enersis(E), YPF SA (YPF) and TOTAL S.A.(TOT) are all trading near their 52-weeks after the recent runup. Hence investors can consider adding them at lower levels.
Disclosure: Long STD
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