Since taking the resolution to focus more on international stocks, I have been able to spend more time looking through some of them. For no particular reason, two stocks that I looked into were European telecom companies, Vodafone (VOD, Financial) and Telefonica (TEF, Financial). As I have started to look into stocks that could be added into the Ultimate sustainable dividend portfolio, today I decided to take a longer look into the top ADR’s trying to find companies that have a high dividend yield but also have decent market cap and seem to have enough numbers to warrant further research…Shocking Results….
I’m very surprised to see that 9 of the top 16 ADR’s that came out are telecom related. How in the world is it possible? It seems like it’s not only in North America that we see such companies. In the US, FTR has been at the top of the dividend rankings for a very long time… FTR has proven to be a very bad dividend pick.
The major downside of course is that for some of these companies, it’s much more difficult to get information about how they’re doing, etc. Still, since they are traded on US stock exchanges, it does require these companies to report “standard” financial statements.
As we enter 2012, I will also be posting more often about the UDSP (Ultimate Dividend Stock Portfolio) and as you know, some stocks will need to be taken out over time. You can expect those to be replaced by more international names, which can probably be found somewhere on this list. For now though, I will leave you with this list, from which I will do further analysis next week on the mailing list. Please feel free to send out any comments about these names.
Here is the top 50 of the names that we follow, ranked by dividend yield, which as we have seen is rarely the best way to choose dividend stocks. Still, it’s a good starting point:
Shocking Results….
I’m very surprised to see that 9 of the top 16 ADR’s that came out are telecom related. How in the world is it possible? It seems like it’s not only in North America that we see such companies. In the US, FTR has been at the top of the dividend rankings for a very long time… FTR has proven to be a very bad dividend pick.The major downside of course is that for some of these companies, it’s much more difficult to get information about how they’re doing, etc. Still, since they are traded on US stock exchanges, it does require these companies to report “standard” financial statements.
As we enter 2012, I will also be posting more often about the UDSP (Ultimate Dividend Stock Portfolio) and as you know, some stocks will need to be taken out over time. You can expect those to be replaced by more international names, which can probably be found somewhere on this list. For now though, I will leave you with this list, from which I will do further analysis next week on the mailing list. Please feel free to send out any comments about these names.
Here is the top 50 of the names that we follow, ranked by dividend yield, which as we have seen is rarely the best way to choose dividend stocks. Still, it’s a good starting point:
| Ticker | Name | Price | Dividend Yield | Payout Ratio | Industry |
|---|---|---|---|---|---|
| BFR | BBVA Banco Frances SA | 6.15 | 17.47 | N/A | Commer Banks Non-US |
| VE | Veolia Environnement SA | 10.56 | 13.94 | 98.78 | Water |
| NZT | Telecom Corp of New Zealand Ltd | 8.3 | 12.3 | 211.25 | Telecom Services |
| VIP | VimpelCom Ltd | 10.59 | 10.56 | 37.65 | Telecom Services |
| TEF | Telefonica SA | 17.09 | 9.87 | 62.85 | Telephone-Integrated |
| TI/A | Telecom Italia SpA | 9.11 | 9.64 | 38.11 | Telephone-Integrated |
| FTE | France Telecom SA | 14.92 | 9.21 | 97.33 | Telephone-Integrated |
| YPF | YPF SA | 38.01 | 8.83 | 86.95 | Oil Comp-Integrated |
| BMA | Banco Macro SA | 24.27 | 8.59 | N/A | Commer Banks Non-US |
| NOK | Nokia OYJ | 5.67 | 8.5 | 80.97 | Wireless Equipment |
| IRS | IRSA Inversiones y Representaciones SA | 10.35 | 8.3 | N/A | Real Estate Oper/Develop |
| TLK | Telekomunikasi Indonesia Tbk PT | 31.02 | 7.58 | 55 | Telecom Services |
| PTNR | Partner Communications Co Ltd | 9.23 | 7.35 | 97.91 | Cellular Telecom |
| WBK | Westpac Banking Corp | 108.5 | 7.32 | 67.27 | Commer Banks Non-US |
| PT | Portugal Telecom SGPS SA | 5.38 | 7.12 | 1359.91 | Telephone-Integrated |
| SID | Cia Siderurgica Nacional SA | 9.71 | 6.56 | 14.18 | Steel-Producers |
| STD | Banco Santander SA | 7.28 | 6.49 | 60.91 | Commer Banks Non-US |
| BAK | Braskem SA | 16.41 | 6.26 | 0 | Petrochemicals |
| AV | Aviva PLC | 10.06 | 6.24 | 48.5 | Life/Health Insurance |
| CS | Credit Suisse Group AG | 24.08 | 6.14 | 29.72 | Diversified Banking Inst |
| BCA | Corpbanca | 21.414 | 6.06 | 101 | Commer Banks Non-US |
| UMC | United Microelectronics Corp | 2.41 | 5.95 | 58.89 | Semicon Compo-Intg Circu |
| TI | Telecom Italia SpA | 10.57 | 5.83 | 38.11 | Telephone-Integrated |
| CPL | CPFL Energia SA | 29.16 | 5.65 | 81.93 | Electric-Integrated |
| CIG | Cia Energetica de Minas Gerais | 19.23 | 5.63 | 52.97 | Electric-Integrated |
| SFUN | SouFun Holdings Ltd | 18.61 | 5.37 | 0 | Internet Content-Info/Ne |
| TEO | Telecom Argentina SA | 21.11 | 5.24 | N/A | Telephone-Integrated |
| MBT | Mobile Telesystems OJSC | 16.78 | 5.13 | 70.51 | Cellular Telecom |
| TMX | Telefonos de Mexico SAB de CV | 15.13 | 5.12 | 64.92 | Telephone-Integrated |
| BBVA | Banco Bilbao Vizcaya Argentaria SA | 8.33 | 5.08 | 40.42 | Commer Banks Non-US |
| MFG | Mizuho Financial Group Inc | 2.79 | 5.07 | 32.36 | Commer Banks Non-US |
| TNE | Tele Norte Leste | 9.74 | 4.94 | 23.75 | Telephone-Integrated |
| SMS | Sims Metal Management Ltd | 14.27 | 4.9 | 50.23 | Metal Processors&Fabrica |
| TOT | Total SA | 51.67 | 4.85 | 50.68 | Oil Comp-Integrated |
| SSL | Sasol Ltd | 50.83 | 4.83 | 44.07 | Chemicals-Diversified |
| GSK | GlaxoSmithKline PLC | 45.5 | 4.78 | 202.33 | Medical-Drugs |
| CHT | Chunghwa Telecom Co Ltd | 31.54 | 4.76 | 112.52 | Telecom Services |
| E | ENI SpA | 43.08 | 4.74 | 57.33 | Oil Comp-Integrated |
| HNP | Huaneng Power International Inc | 23.04 | 4.69 | 83.96 | Electric-Generation |
| GFA | Gafisa SA | 4.99 | 4.57 | 23.75 | Real Estate Oper/Develop |
| NGG | National Grid PLC | 48.41 | 4.53 | 59.06 | Gas-Distribution |
| AWC | Alumina Ltd | 5.28 | 4.52 | 423.12 | Metal-Aluminum |
| HBC | HSBC Holdings PLC | 40.12 | 4.49 | 49.1 | Diversified Banking Inst |
| PVD | Administradora de Fondos de Pensiones Provida SA | 66.91 | 4.41 | N/A | Investment Companies |
| GA | Giant Interactive Group Inc | 4.05 | 4.22 | 33.29 | Internet Content-Entmnt |
| PHI | Philippine Long Distance Telephone Co | 64.88 | 4.09 | 102.89 | Telephone-Integrated |
| ASR | Grupo Aeroportuario del Sureste SAB de CV | 62.9 | 4.06 | 70.58 | Airport Develop/Maint |
| SMFG | Sumitomo Mitsui Financial Group Inc | 5.83 | 4.04 | 30.03 | Commer Banks Non-US |
| FBR | Fibria Celulose SA | 8.63 | 3.91 | 27.13 | Paper&Related Products |
| SPIL | Siliconware Precision Industries Co | 5.2 | 3.9 | N/A | Semicon Compo-Intg Circu |
