There are three Brazilian Utility ADR stocks that trade on the New York Stock Exchange.Utility ADRs generally tend to have dividend yields and can provide diversification to a well built portfolio.
1.Companhia Energetica de Minas Gerais CEMIG – CIG
CIG is an electric utility in Brazil.YTD the stock is up 34.27% and the dividend yield is 10.18%. A $10K invested 5 years is worth $122,906 as of June 28th.Compare this to an investment in S&P 1500 Index which would ave grown to only $13,512.
2.CPFL Energia S.A. – CPL
This is another electricity producer and distributor. The dividend yield is 7.70% and the PE is 12.05
3.Companhia de Saneamento Basico do Estado de Sao Paulo SABESP – SBS
SBS is a water utility and is also engaged in sewerage treatment business in Sao Paulo, a huge city and some 300+ other municipalities. PE is 8.75 and the current yield is 2.78%.