Five NYSE-Listed Latin American Stocks Yielding More Than 5% Dividends

Some investors have the misconception that one should invest in emerging stocks mainly for capital appreciation. However that need not be the case. Many emerging market stocks pay above average dividends and hence they are attractive for both capital growth and dividend income.

According to FT market data, the S&P 500 has a dividend yield of 2.6% as of Jan 4, 2012. Some emerging Latin American markets have higher yields as noted below:

Argentina = 6.9%
Colombia = 3.1%
Peru = 5.1%
Brazil = 4.1%
Chile = 2.8%

Five Latin American ADRs currently paying more than 5% dividends are listed below for further research:

1.Company:Administradora de Fondos de Pensiones Provida SA (PVD)
Current Dividend Yield: 9.64%
Sector: Investment Services
Country: Chile

2.Company: Cpfl Energia SA (CPL)
Current Dividend Yield: 5.25%
Sector: Electric Utilities
Country: Brazil

3.Company:YPF Sociedad Anonima (YPF)
Current Dividend Yield: 9.15%
Sector: Integrated Oil & Gas
Country: Argentina

4.Company: Telefonos de Mexico SAB de CV (TMX)
Current Dividend Yield: 5.62%
Sector: Telecom
Country: Mexico

5.Company:Telefonica Brasil SA (VIV)
Current Dividend Yield: 13.33%
Sector: Telecom
Country: Brazil

Note: Dividend yields noted are as of Jan 9, 2012.

Disclosure: No Positions

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