Tuesday, May 31, 2011

27 Foreign Stocks Paying Dividends Quarterly

Many investors have the view that foreign stocks pay dividends only annually. However this is not fully true. There are many foreign companies that pay dividends on a quarterly basis just like their U.S. peers. For example, European firms usually pay dividends twice a year - one in the form of interim dividend and the other as a final dividend. Most Latin American firms follow the U.S. model and pay quarterly dividends.A few Latin American firms such as Itau Unibanco (ITUB) pay a small monthly dividend.

Unlike most U.S. firms, dividend payments made by foreign firms can be volatile and vary based on earnings.However due to taxation laws and policies, foreign companies generally tend to have higher payout ratios than U.S. firms. So U.S. investors looking to add some overseas stocks that pay dividends quarterly and have high yields can choose from a wide universe.

The table below lists 27 foreign stocks(excluding Canada) paying quarterly dividends:

S.No. Name Ticker Sector Dividend Yield as of May 19, 2011
1 Banco Santander, S.A. STD Regional Banks 11.78%
2 Partner Communications Company Ltd PTNR Communications Services 11.93%
3 Banco Bilbao Vizcaya Argentaria SA BBVA Money Center Banks 7.53%
4 Telecom Corp of New Zealand NZT Communications Services 6.01%
5 Fly Leasing Ltd FLY Rental & Leasing 5.61%
6 VimpelCom Ltd VIP Communications Services 5.42%
7 Ecopetrol S.A. EC Oil & Gas Operations 5.08%
8 Telefonos de Mexico, S.A. TMX Communications Services 4.89%
9 Royal Dutch Shell plc RDS-A Oil & Gas - Integrated 4.80%
10 Royal Dutch Shell plc RDS-B Oil & Gas - Integrated 4.75%
11 GlaxoSmithKline plc GSK Major Drugs 4.88%
12 Vina Concha y Toro S.A. VCO Beverages (Alcoholic) 4.69%
13 Unilever plc UL Food Processing 4.08%
14 Unilever N.V. UN Food Processing 4.04%
15 Grupo Aeroportuario del Centro Nort OMAB Misc. Transportation 3.86%
16 BP plc BP Oil & Gas - Integrated 3.88%
17 STMicroelectronics N.V. STM Semiconductors 3.45%
18 HSBC Holdings plc HBC Regional Banks 3.48%
19 Ensco plc ESV Oil Well Services & Equipment 2.49%
20 Carnival plc CUK Recreational Activities 2.39%
21 ArcelorMittal MT Iron & Steel 2.23%
22 Bancolombia S.A. CIB Regional Banks 2.21%
23 Honda Motor Co Ltd HMC Auto & Truck Manufacturers 1.93%
24 Teva Pharmaceutical Industries Ltd TEVA Biotechnology & Drugs 1.86%
25 Embotelladora Andina SA AKO-A Beverages (Nonalcoholic) 1.83%
26 Embotelladora Andina SA AKO-B Beverages (Nonalcoholic) 1.67%
26 Barclays PLC BCS Money Center Banks 1.50%
27 Companhia Brasileira de Distribicao CBD Retail (Grocery) 0.45%

Disclosure: Long ITUB, STD, BBVA, EC