7 Foreign Stocks Paying More Than 7% Dividends

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 |  Includes: GOL, MYTAY, NGG, NZTCY, ORAN, TEO, TNE
by: David Hunkar

I ran the stock screener with the following conditions:

  • Stocks must trade on the NYSE
  • Market cap. >= $2.0B
  • Dividend yields must be at least 7%

This search resulted in the seven stocks noted below:

1.Company: France Telecom SA (FTE)
Current Dividend Yield: 7.16%
Sector: Telecom
Country: France

2.Company:Gol Linhas Aereas Inteligentes SA (NYSE:GOL)
Current Dividend Yield: 10.53%
Sector: Airlines
Country:Brazil

3.Company: Magyar Telekom Plc (MTA)
Current Dividend Yield: 10.37%
Sector: Telecom
Country: Hungary

4.Company: Telecom Corp of New Zealand (NZT)
Current Dividend Yield: 10.98%
Sector: Telecom
Country: New Zealand

5.Company: Telecom Argentina S.A. (NYSE:TEO)
Current Dividend Yield: 9.41%
Sector: Telecom
Country: Argentina

6.Company: Tele Norte Leste Participacoes SA (NYSE:TNE)
Current Dividend Yield: 17.02%
Sector: Telecom
Country: Brazil

7. Company: National Grid Plc (NYSE:NGG)
Current Dividend Yield: 8.06%
Sector: Utility
Country: UK

Note: Dividend yield is as of September 17. 2010.