10 Latin American Stocks For Income Investors

The S&P 500 is up by 4% year-to-date.Many Latin American equity indices have easily outperformed the S&P 500. For example, Mexico’s IPC All-Share has increased by 6.4% and Brazil’s Sao Paulo Bovespa has grown by over 22%, etc. Brazilian stocks declined heavily last year and they have recovered with the political situation improving.

In addition to looking for growth-oriented stocks, investors can also consider Latin American stocks for dividends. While the S&P 500 has an average dividend yield of about 2%, many companies in the region have much higher yields. The following are 10 Latin American stocks with their ADR tickers and current dividend yields:

1.Company: Empresa Nacional de Electricidad SA (EOCC)
Current Dividend Yield: 2.34%
Sector: Electric Utilities
Country: Chile

2.Company: Banco Santander-Chile (BSAC)
Current Dividend Yield: 5.53%
Sector: Banking
Country: Chile

3.Company: Banco de Chile (BCH)
Current Dividend Yield: 4.53%

Country: Chile

4.Company: Braskem SA (BAK)
Current Dividend Yield: 6.38%
Sector: Chemicals
Country: Brazil

5.Company: Ultrapar Participacoes SA (UGP)
Current Dividend Yield: 3.08%
Sector: Oil, Gas & Consumable Fuels
Country: Brazil

6.Company: Itaú CorpBanca(ITCB)
Current Dividend Yield: 5.18%
Sector: Banking
Country: Chile

7.Company: Grupo Aval Acciones y Valores S (AVAL)
Current Dividend Yield: 4.94%
Sector: Banking
Country: Colombia

8.Company: Bancolombia SA (CIB)
Current Dividend Yield: 3.23%
Sector: Banking
Country: Colombia

9.Company:Coca-Cola Femsa SAB de CV (KOF)
Current Dividend Yield: 3.60%
Country: Mexico

10.Company:America Movil SAB de CV (AMX)
Current Dividend Yield: 4.02%
Sector: Telecom
Country: Mexico

Note: Dividend yields noted above are as of July 8, 2016. Data is known to be accurate from sources used.Please use your own due diligence before making any investment decisions.

Disclosure: Long ITCB, BSAC, BCH and CIB

Leave a Reply

Your email address will not be published. Required fields are marked *