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21 Foreign Stocks Yielding More Than 5% Dividends

By: SeekingAlpha
Posted: 10/4/2010 10:13:00 AM
Referenced Stocks: AIB;BT;CHT;CIG;CPL;E;FTE;MBT;MFG;MTS;NGG;PHI;PT;RDS.A;SID;STD;TEF;TMX;TNE;TOT;TSP;VE;YPF
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