ADR Dividends for May !!!

In this post, we will list some of the [tag]foreign stocks[/tag] which go ex-dividend this month.Investors looking for some dividends from quality [tag]ADR[/tag] stocks may find this post useful.

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1.ARACRUZ CELULOSE S A
Ticker: ARA
Ex-Dividend Date: 5-May
Dividend Amount: $1.219

2.Benetton Group
Ticker: BNPGY
Ex-Dividend Date: 5-May
Dividend Amount: $0.914

3.Eletrobras-Centrais Electricas Brasileiras S.A.
Ticker: CAIGY
Ex-Dividend Date: 5-May
Dividend Amount: $0.723

4.Energias de Portugal, S.A.
Ticker: EDPFY
Ex-Dividend Date: 5-May
Dividend Amount: $1.59

5.Adidas AG
Ticker: ADDYY
Ex-Dividend Date: 6-May
Dividend Amount: $0.294

6.Erste Bank Der Osterreichischen
Ticker: EBKDY
Ex-Dividend Date: 6-May
Dividend Amount: $0.427

7.[tag]Lukoil[/tag]
Ticker: LUKFY
Ex-Dividend Date: 6-May
Dividend Amount: $1.49

8.Old Mutual plc
Ticker: ODMTY
Ex-Dividend Date: 6-May
Dividend Amount: $0.698

9.[tag]UNITED OVERSEAS BK LTD[/tag]
Ticker: UOVEY
Ex-Dividend Date: 6-May
Dividend Amount: $0.661

10.Australia and New Zealand Banking Group Ltd.
Ticker:[tag] ANZBY[/tag]
Ex-Dividend Date: 9-May
Dividend Amount: $2.903

11.TELENOR ASA
Ticker: TELNF
Ex-Dividend Date: 9-May
Dividend Amount: $3.40

12.Yara International ASA
Ticker: YARIY
Ex-Dividend Date: 12-May
Dividend Amount: $0.605

13.Bank Pekao SA
Ticker: PKSVF
Ex-Dividend Date: 13-May
Dividend Amount: $3.411

14.Air Liquide SA
Ticker: AIQUF
Ex-Dividend Date: 14-May
Dividend Amount: $2.25

15.OMV AG
Ticker: OMVKY
Ex-Dividend Date: 14-May
Dividend Amount: $1.445

16.SHANGRI LA ASIA LTD
Ticker: SHALY
Ex-Dividend Date: 15-May
Dividend Amount: $0.308

17.SOLVAY S A
Ticker: SVYSY
Ex-Dividend Date: 15-May
Dividend Amount: $2.007

18.Sanofi-Aventis
Ticker: SNY
Ex-Dividend Date: 16-May
Dividend Amount: $1.133

19.Luxottica Group
Ticker: LUX
Ex-Dividend Date: 19-May
Dividend Amount: $0.561

20.ARKEMA
Ticker:[tag] ARKAY[/tag]
Ex-Dividend Date: 21-May
Dividend Amount: $0.979

21.Hypo Real Estate Holdings AG
Ticker:[tag] HREHY [/tag]
Ex-Dividend Date: 22-May
Dividend Amount: $0.557

22.BNP PARIBAS
Ticker: [tag]BNPQY[/tag]
Ex-Dividend Date: 23-May
Dividend Amount: $1.863

List of all European Utility ADR stocks !!!

In this post lets review the [tag]utility ADRs[/tag] of continental Europe. There are nine stocks in this category with two each from Germany and France.

Utility stocks form an integral part of any well diversified portfolio for many reasons. Utilities usually provide stable, consistent,growing [tag]dividend yields[/tag], offer stability to the portfolio and grow slowly.

[tag]European utility[/tag] stocks have performed well in the past and continue to do well even in these rough times.[tag]EON[/tag] and [tag]RWE[/tag] are the two largest utilities of Germany that provide water, gas and electricity to the German industries and households. The stocks are a favorite of many index funds and offer decent yields.

[tag]VE[/tag] of France is another utility that has recently started placing ads in BusinessWeek. The company seems to be a well run company with a view to protect the environment.Suez is also another great utility.

Verbund of Austria is a highly respected and well run utility.

As seen from the table below, these utilities have decent dividend yields.An investor planning to invest in utilities of foreign countries may look into these stocks:

[TABLE=35]


[tags]Technorati[/tags]

Two Recently Split ADRs

Recently a few ADR stocks that used to trade for higher prices have split and are now trading at lower prices.Two such ADRs are listed below.Usually smaller investors find higher priced stocks unattractive since they get fewer number of shares.Stocks over $100 tend to fall in this category.

1. Banco Bradesco – BBD
Split Date: April 16
Split Ratio: 3:2
Before Split: 29.73
After Split: 20.36
Current Price: $22.58

2. National Bank of Australia – NABZY
Split Date: March 28
Before Split: $140.30
Split Ratio: 1:5
After Split: $27.39
Current Price: $28.26

Soon to split ADRs:

Petrobras of Brazil – PBR
Nestle of Switzerland – NSRGY

ABN Amro ADR Stock!!

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[tag]ABN Amro ADR [/tag]used to trade on the NYSE with the ticker ABN. A few months ago a consortium of banks led by Fortis(Holland), [tag]RBS[/tag] (UK) and Santander (Spain) acquired ABN Amro. As a result of this, ABN’s ADR is now trading in the OTC market under the ticker ABNYY.

In March, the company issued a press release stating that it was de-listing the ADR from NYSE. ADR investors will receive mostly cash and some stock due to the takeover by the consortium.

The original press release from [tag]ABN Amro[/tag]:

ABN AMRO HOLDING N.V. applies for [tag]de-listing[/tag] of shares

ABN AMRO Holding N.V. has resolved to apply for de-listing of its ordinary shares with a par value of €0.56 each ( “Ordinary Shares”) and the (formerly convertible) preference shares with a nominal value of €2.24 each from Euronext Amsterdam by NYSE Euronext (“Euronext Amsterdam”), the regulated market of Euronext Amsterdam N.V. and to apply for the de-listing of its American Depositary Shares (“ADSs”), each representing one Ordinary Share from the New York Stock Exchange.

Notice is hereby given that following this decision, the Ordinary Shares are expected to be de-listed from Euronext Amsterdam, and the ADSs are expected to be de-listed from the New York Stock Exchange, effective 25 April 2008. The (formerly convertible) preference shares are expected to be de-listed from Euronext Amsterdam shortly after finalisation of the pending squeeze-out proceedings.

Press contact: +31 20 6288900″