Chasing High Yield Dividends with Barrons: BP, China Mobile, GlaxoSmithKline (NYSE:BP),(NYSE:GSK),(NYSE:CHL)
Barron's says foreign firms believe in returning more of their excess capital to shareholders and thus tend offer more attractive dividend yields than their U.S. counterparts. On the list includes such players as BP Plc. (NYSE:BP), China Mobile (NYSE:CHL), and GlaxoSmithKline (NYSE:GSK).
(Barrons.com) IN SEEKING STOCKS THAT PAY a decent dividend, it's time for investors to go abroad.
Dividends paid by many big overseas firms have held up well over the last few years. And U.S.-listed shares of BP (ticker: BP), China Mobile (CHL), Diageo (DEO), Taiwan Semiconductor Manufacturing (TSM) and GlaxoSmithKline (GSK) remain lucrative options for income-hungry U.S. investors.
"If you only invest in U.S. stocks, you miss a lot of opportunities," says Alan Lancz, president of money-management firm Alan B. Lancz & Associates.
Foreign stocks tend to have more attractive dividend yields. Because overseas firms, much more than their U.S. counterparts...
Here are those stocks and the links to Google Finance:
| Ticker | Company | Price | Change▲▼ | Chg %▲▼ | Mkt Cap | Dividend | Dividend yield |
|---|---|---|---|---|---|---|---|
| BP | BP plc (ADR) | 54.38 | -0.42 | -0.77% | 170.09B | - | %6.26 |
| CHL | China Mobile Ltd. (ADR) | 48.37 | -0.81 | -1.65% | 194.04B | 1.77 | %3.60 |
| GSK | GlaxoSmithKline plc (ADR) | 38.57 | +0.10 | 0.26% | 100.11B | 1.90 | %6.12 |
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