The S&P 500 is up 6.3% YTD. Most emerging markets are down so far this year. The following are the YTD performance of select Latin American country indices:
- Brazil Bovsepa: -13.5%
- Mexico IPC All-Share: -8.0%
- Chile IPSA: -6.2%
At current prices some Latin American stocks have high dividend yields. Five Latin American equities with current dividend yields of more than 5% are listed below:
1.Company: AFP Provida SA (PVD)
Current Dividend Yield: 9.03%
Sector:Investment Services
Country: Chile
2.Company: YPF Sociedad Anonima (YPF)
Current Dividend Yield: 7.47%
Sector:Oil & Gas – Integrated
Country: Argentina
3.Company: Empresa Nacional de Electricidad SA (EOC)
Current Dividend Yield: 5.96%
Sector: Electric Utilities
Country: Chile
4.Company: Telecomunicacoes de Sao Paulo SA Telesp (VIV)
Current Dividend Yield: 11.62%
Sector: Telecom
Country: Brazil
5.Company: Bbva French Bank SA (BFR)
Current Dividend Yield: 11.32%
Sector: Banking
Country: Argentina
Note: Prices noted are as of market close July 26, 2011
Disclosure: No Positions
