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) and Telefonica (TEF). 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…
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. I will be taking a much deeper look into these names in the coming months both here and in our free mailing list. If you have not joined, do so now, it’s free:
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:[table “360” not found /]