The Top 20 DR Programs by Investment Value in 2011

The following chart shows the top 20 Depository Receipts (DR) programs in 2011:

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Source: Depository Receipts Year in Review 2011, J.P. Morgan

About half of the companies in this list are in the oil&gas and mining industries. British telecom firm Vodafone(VOD), French oil major Total (TOT),  and Russian oil company Lukoil (LUKOY) current have dividend yields of over 5%.

Disclosure: Long BBD, PBR, ITUB

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