7 Foreign Stocks Paying More Than 7% Dividends

I ran the stock screener with the following conditions:

Market Cap: >= $1B
Dividend Yield : 7% or more

The following are some of the Foreign ADRs that met the above criteria:

1.Company:Telecom Corp of New Zealand (NZTCY)
Current Dividend Yield: 9.91%
Sector: Telecom

2.Company: Cellcom Israel Ltd. (CEL)
Current Dividend Yield: 9.69%
Sector: Telecom

3.Company:Magyar Telekom Plc (MTA)
Current Dividend Yield: 9.30%
Sector: Telecom

4.Company: Grupo Aeroportuario del Sureste (ASR)
Current Dividend Yield: 8.51%
Sector: Transportation

5.Company: YPF SA (YPF)
Current Dividend Yield: 8.21%
Sector: Oil & Gas – Integrated

6.Company: Nordic American Tanker Shipping Limited (NAT)
Current Dividend Yield: 7.53%
Sector: Water Transportation

7.Company: Ship Finance International Limited (SFL)
Current Dividend Yield: 8.82%
Sector: Water Transportation

Except Argentina-based oil company YPF, the rest of them are in the Telecom or Transportation sectors. Israel-based cell phone services provier Cellcom has over 3 million subscribers.Cellcom’s average EPS growth in the past 5 years is 17%. Magyar Telekom provides telecom services in Hungary. Grupo Aeroportuario del Sureste operates 9 airports in southeastern part of Mexico including the Cozumel airport.

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