Brazilian Utility ADRs in NYSE

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%.

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