The table below lists large-cap foreign stocks trading on the NYSE that have dividend yields of over 5% as of January 6, 2011:
|S.No.||Name||Ticker||Sector & Industry||Dividend Yield as of Jan 6, 2011||Market Capitalization|
|1||BCE Inc.||BCE||Communications Services||5.13%||$27.1B|
|2||CPFL Energia S.A.||CPL||Electric Utilities||7.34%||$12.3B|
|3||Eni S.p.A.||E||Oil & Gas - Integrated||6.03%||$89.2B|
|4||France Telecom SA||FTE||Communications Services||7.19%||$55.6B|
|5||GlaxoSmithKline plc||GSK||Major Drugs||5.09%||$101.4B|
|6||Huaneng Power International, Inc.||HNP||Electric Utilities||5.71%||$6.5B|
|7||Philippine Long Distance Telephone||PHI||Communications Services||6.07%||$10.8B|
|8||Portugal Telecom, SGPS||PT||Communications Services||6.21%||$9.5B|
|9||Telefonica S.A.||TEF||Communications Services||7.88%||$100.4B|
|10||TOTAL S.A.||TOT||Oil & Gas - Integrated||5.62%||$121.0B|
|11||Westpac Banking Corporation||WBK||Money Center Banks||6.57%||$65.4B|
|12||YPF SA||YPF||Oil & Gas - Integrated||5.47%||$21.3B|
|13||Banco Santander, S.A.||STD||Regional Banks||6.63%||$83.4B|
|14||Chunghwa Telecom Co., Ltd||CHT||Regional Banks||5.08%||$24.0B|
Not surprisingly, the majority of the stocks in this list are in the utility sector with Telefonica (NYSE:TEF) of Spain paying about 8% in dividends.
Bell Canada Enterprises (NYSE:BCE) is the largest telecom services provider in Canada.
Brazil’s biggest private utility recently reported 3Q profits rose 34% relative to the same quarter last year on increased sales.
U.K.-based pharmaceutical company GlaxoSmithKline plc (NYSE:GSK) is the owner of many well-known brands such as Levitra, Avandia , Valtrex , Advair, etc. in the drugs category and consumer healthcare products such as Aquafresh, Nicorette, Tums, Breathe Right, etc. Originally founded in 1715, the company operates globally with a strong presence in emerging markets. For example, in 2009 GlaxoSmithKline shipped 1.9 billion vaccine doses globally out of which about 1 billion were shipped to emerging countries.
Disclosure: Long STD