In spite of geopolitical problems, there are many things going right in certain parts of the world. Those looking for yield and overseas exposure can put these stocks on their radar. One reason it is a good idea to look to the safety of dividends with non-domestic stocks is that non-U.S. companies tend not to be touted in the media as much, and may not see dramatic rises.
The following is a list from James Bjorkman of 5 dividend stocks.
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China Petroleum & Chemical Corporation (SNP) or Sinopec Limited: This stock has a yield of 4.4% paid twice yearly, going ex-dividend in May, June or September. The next ex-dividend date is Friday September 12. It has a high dividend growth rate of 27.81% with a low payout ratio of 39%. Price to earnings ratio is 12.7%.
Orange S.A. (ORAN) is a French telecom which yields 9% twice a year. Its recent earnings were 30% lower than last year and revenues were down 3.6%. However, subscribers had increased. The company is involved in a cost-cutting program.
BP (BP) yields 4.7% . The company has been recovering from the aftermath of the Gulf of Mexico oil spill, but it is nearly finished with litigation. Moody’s lowered its rating because of this, but said the company has a “strong financial position and liquidity.”
GlaxoSmithKline (GSK) has a 5.3% yield and strong fundamentals as a leading British pharma. Its price to earnings ratio, net income growth and operating margins are stronger than the industry average.
Vodafone (VOD) yields 7.50% and pays its dividend twice a year. Its price to book value is good as well as its price to earnings ratio. VOD also has low debt. Vodafone might get a takeover bid from Softbank.