Many foreign companies choose to list their stock on the OTC markets instead of the organized exchanges. Some of these companies include foreign multinational corporations with large market capitalizations.
The ten largest foreign companies trading on the OTC markets based on market capitalization are listed below:
|S.No.||Name||Ticker||Market Capitalization (as of Oct 5, 2012)||Industry||Dividend Yield||Country|
|1||Roche Holding Ltd.||RHHBY||$138.0B||Major Drugs||3.75%||Switzerland|
|2||BASF SE||BASFY||$79.2B||Chemical Manufacturing||3.83%||Germany|
|3||LVMH Moet Hennessy Louis Vuitton SA||LVMUY||$78.7B||Apparel/Accessories||2.18%||France|
|4||Bayer AG||BAYRY||$73.9B||Major Drugs||2.40%||Germany|
|5||BG Group plc||BRGYY||$71.2B||Oil & Gas - Integrated||1.19%||UK|
|6||Australia and New Zealand Banking||ANZBY||$69.1B||Regional Banks||5.50%||Australia|
|7||National Australia Bank Ltd.||NABZY||$58.3B||Regional Banks||6.77%||Australia|
|8||Daimler AG||DDAIF||$54.2B||Auto & Truck Manufacturers||5.66%||Germany|
|9||Allianz SE||AZSEY||$54.0B||Insurance (Prop. & Casualty)||4.89%||Germany|
|10||Wal-mart de Mexico S A B de C V||WMMVY||$51.1B||Retail (Department & Discount)||1.12%||Mexico|
It is interesting to note that Walmart Mexico appears on this list with a market cap of over $50.0 billion. Walmart entered the Mexican market in 1991. Today the retail giant has 2,197 retail units in the country with 216 Supercenters and 130 Sam’s Club stores. In the U.S. it has 4,540 retail units with 3,000 Supercenters and 615 Sam’s Club stores.
Disclosure: No Positions