I ran the stock screener with the following conditions:
Market Cap: >= $1B
Dividend Yield : 7% or more
The following are seven of the foreign ADRs that met the above criteria:
1. Company:Telecom Corp of New Zealand (NZT)
Current Dividend Yield: 9.91%
Sector: Telecom
2. Company: Cellcom Israel Ltd. (CEL)
Current Dividend Yield: 9.69%
Sector: Telecom
3. Company:Magyar Telekom Plc (MTA)
Current Dividend Yield: 9.30%
Sector: Telecom
4. Company: Grupo Aeroportuario del Sureste (ASR)
Current Dividend Yield: 8.51%
Sector: Transportation
5. Company: YPF SA (YPF)
Current Dividend Yield: 8.21%
Sector: Oil & Gas - Integrated
6. Company: Nordic American Tanker Shipping Limited (NAT)
Current Dividend Yield: 7.53%
Sector: Water Transportation
7. Company: Ship Finance International Limited (SFL)
Current Dividend Yield: 8.82%
Sector: Water Transportation
Except Argentina-based oil company YPF, the rest of these names are in the Telecom or Transportation sectors. Israel-based cell phone services provider Cellcom has over 3 million subscribers. Cellcom’s average EPS growth in the past 5 years is 17%. Magyar Telekom provides telecom services in Hungary. Grupo Aeroportuario del Sureste operates nine airports in the southeastern part of Mexico including the Cozumel airport.
