5 Top International Dividend Stocks
0.35%June 13 | MyPlanIQ portfolio symbol P_37703
International Dividend stocks.
His selection has four European and one Brazilian stock. With the debt
worries in the Eurozone having a downward pressure on stocks, this may
seem like a risky move. However, it may be possible to find stocks that
will continue perform well -- especially if they have worldwide
exposure.
Alex's selections are shares
you can buy directly on the NYSE and that pay a yield well in
excess of that on the S&P 500.
- Sanofi (SNY) France / Pharmaceuticals 4.7%
- CRH (CRH) Ireland / Construction Materials 4.8%
- ABB (ABB) Switzerland / Heavy Electrical Equipment 3.4%
- Companhia Siderurgica Nacional (SID) Brazil / Steel 8.4%
- Credit Suisse (CS) Switzerland /Diversified Capital Markets 3.1%
Source: S&P Capital IQ, author's calculations.
These are major companies that are in different markets. There is no
reason that they shouldn't have international markets -- I would think
that CRH is the one that is most likely to serve more local customers.This
is an interesting selection and worthy of comparison with our
broadly diversified dividend bearing ETF portfolio. It will be
interesting to see how they compare with our reference dividend bearing
ETF portfolio.