Currently the S&P 500 has a dividend yield of about 2%. Investors looking for higher yields can invest in overseas companies which offer much higher yields. Generally utilities and financials tend to have higher payouts. Though most foreign firms pay dividends once or twice a year, the paid out dividends will be significantly higher. Due to tax implications it is advisable to hold high dividend-paying foreign stocks in a taxable account.

To get started, the table below lists 20 exchange-listed foreign stocks  paying over 5% dividends:

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Note: The above list excludes companies from China and Canada.

Disclosure: Long BCA