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 25  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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