David
Hunkar
submits:
With the third quarter over, I wanted to identify some foreign
large cap ADRs that paid dividends of over 5%. So I ran the stock
screener with the following criteria:
1. Stocks must trade on the NYSE
2. Market cap. must be >= $5B
3. Must have dividend yields of 5% or more
The search resulted in 21 ADR stocks that are listed below:
| S. No. |
Name |
Ticker |
Dividend Yield as of Oct 1, 2010 |
Market Capitalization |
| 1 |
Banco Santander, S.A. |
[[STD]] |
5.6% |
$103.5B |
| 2 |
BT Group plc |
[[BT]] |
6.4% |
$17.5B |
| 3 |
Chunghwa Telecom Co., Ltd |
[[CHT]] |
5.7% |
$21.8B |
| 4 |
Companhia Energetica Minas Gerais |
[[CIG]] |
5.1% |
$11.4B |
| 5 |
Companhia Siderurgica Nacional |
[[SID]] |
6.5% |
$26.9B |
| 6 |
CPFL Energia S.A. |
[[CPL]] |
6.6% |
$11.5B |
| 7 |
Eni S.p.A. |
[[E]] |
6.2% |
$88.2B |
| 8 |
France Telecom SA |
[[FTE]] |
7.1% |
$58.0B |
| 9 |
Mizuho Financial Group, Inc. |
[[MFG]] |
6.0% |
$22.2B |
| 10 |
Mobile TeleSystems OJSC |
[[MBT]] |
6.2% |
$20.7B |
| 11 |
National Grid plc |
[[NGG]] |
8.3% |
$30.2B |
| 12 |
Philippine Long Distance Telephone |
[[PHI]] |
5.9% |
$11.2B |
| 13 |
Portugal Telecom, SGPS |
[[PT]] |
5.3% |
$11.7B |
| 14 |
Royal Dutch Shell plc |
[[RDS.A]] |
5.6% |
$192.8B |
| 15 |
Tele Norte Leste Participacoes SA |
[[TNE]] |
17.0% |
$5.5B |
| 16 |
Telecomunicacoes de Sao Paulo SA |
[[TSP]] |
6.7% |
$12.4B |
| 17 |
Telefonica S.A. |
[[TEF]] |
6.6% |
$113.1B |
| 18 |
Telefonos de Mexico S.A. |
[[TMX]] |
5.3% |
$13.8B |
| 19 |
TOTAL S.A. |
[[TOT]] |
5.4% |
$117.7B |
| 20 |
Veolia Environnement |
[[VE]] |
5.5% |
$12.8B |
| 21 |
YPF SA |
[[YPF]] |
7.3% |
$15.4B |
The only financials in this list are Banco Santander (
STD
) of Spain and Mizuho Financial Group (
MFG
) of Japan. Santander's recent acquisitions should help the bank
increase its earnings in the long run. This year the banking giant
has acquired a 24.9% stake in Grupo Financiero Santander(Mexico),
bought the German retail network of Sweden's Skandinaviska Enskilda
Banken, bought 318 U.K. branches from Royal Bank of Scotland and
picked up Allied Irish Banks's (
AIB
) 70% stake in Poland's Bank Zachodni WBK.
The three electric utilities Companhia Energetica Minas Gerais (
CIG
), Companhia Siderurgica Nacional (
SID
) and CPFL Energia S.A.(
CPL
) can offer exposure to the utility sector of the hot emerging
market of Brazil. Ten of the ADRs noted above are in the telecom
sector. Spanish telcom company Telefonica (
TEF
) has a strong presence in Latin America. Mobile TeleSystems OJSC (
MTS
) is a telecom services provider in Russia, Ukraine, Uzbekistan,
Turkmenistan and Armenia with a subscriber base of about 98 million
at the end of last year.
Disclosure:
None
See also
Why I'm Concerned About a Near Term Pullback in
Stock Prices
on seekingalpha.com