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Two articles in recent weeks described consolidated year to date results from the top 10 high yield stocks comprising (Dog) stocks in each of seven and eight indices. The second article of those concluded by ranking eight indexes by risk from low to high:

  • JPMorgan New Sovereigns Dogs
  • S&P 500 Aristocrats Dogs
  • Dow Industrial Index Dogs
  • NASDAQ 1000 Index Dogs
  • NYSE International 100 Index Dogs
  • S&P 500 Index Dogs
  • Top Dog Stocks by Sectors
  • Russell 2000 Index Dogs

This is the fourth article in an eight part series launched as another step toward Yale economist Robert Shiller's admonishment to "make conservative preparations for possible bad outcomes." Part 1 reviewed the underlying top thirty component stocks of the Russell 2000 Index. Part 2 discussed the 3x9 Sectors 27 Dogs. Part 3 reviewed the underlying top thirty component dividend stocks of the S&P 500 Index. Future articles in this eight part series will describe the complete component listings for all eight indices.

This article (Part 4) reviews the underlying top thirty component dividend stocks of the NYSE International 100 Index. This is the fourth highest yielding with presumed fourth highest risk of the eight indices listed above.

Data from Yahoo Finance reveals the following thirty component stock index backing up a ten top yielding dog portfolio as of September 16, 2011:

Top Dividend Stocks in the NYSE International 100 Index Dog Pound


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This NYSE Int'l 100 Index of 30 dividend paying ADRs is a derivative of the largest 100 non-US common stocks listed on the New York Stock Exchange. Four of the top ten stocks in the above list are telecoms, either by service or manufacturing, three deal in basic materials, two are financial firms, one is a utility. At the top, this index includes only four of nine business sectors. On the whole the list is fairly well diversified but gets thick in the middle with nine financial firms and includes no service sector stocks. Here is the breakdown of the 30 component stocks by business sector: Technology: 7; Consumer Goods: 3; Services 0; Financial: 9; Basic Materials: 8; Healthcare: 1; Utilities: 2.

NYSE International 100 Index Dog Pound Component Profiles

Below are links to short summary business profiles of the thirty top NYSE International 100 Index dividend paying stocks for September 2011 from Yahoo Finance.

1. Telefonica, S.A. (TEF) [Sector: Technology; Industry: Telecom Services - Foreign]

2. YPF Sociedad Anonima (YPF) [Sector: Basic Materials; Industry: Oil & Gas Refining & Marketing]

3. France Telecom (FTE) [Sector: Technology; Industry: Telecom Services - Foreign]

4. Nokia Corporation (NOK) [Sector: Technology; Industry: Communication Equipment]

5. Westpac Banking Corp. (WBK) [Sector: Financial; Industry: Foreign Money Center Banks]

6. National Grid plc (NGG) [Sector: Utilities; Industry: Gas Utilities]

7. Banco Santander, S.A. (STD) [Sector: Financial; Industry: Foreign Money Center Banks]

8. Companhia Siderurgica (SID) [Sector: Basic Materials; Industry: Steel & Iron]

9. P.T. Telekomunikasi Indonesia (TLK) [Sector: Technology; Industry: Telecom Services - Foreign]

10. ENI S.p.A. (E) [Sector: Basic Materials; Industry: Major Integrated Oil & Gas]

11. Telecom Italia SpA (TI) [Sector: Technology; Industry: Diversified Communication Services]

12. Banco Bilbao Viscaya Argentaria, S.A. (BBVA) [Sector: Financial; Industry: Foreign Regional Banks]

13. Sun Life Financial Inc. (SLF) [Sector: Financial; Industry: Life Insurance]

14. BCE, Inc.(BCE) [Sector: Technology; Industry: Telecom Services - Domestic]

15. Royal Dutch Shell plc(A) (RDS-A) [Sector: Basic Materials; Industry: Major Integrated Oil & Gas]

16. GlaxoSmithKline plc (GSK) [Sector: Healthcare; Industry: Drug Manufacturers - Major]

17. Royal Dutch Shell plc(B) (RDS-B) [Sector: Basic Materials; Industry: Major Integrated Oil & Gas]

18. Bank of Montreal (BMO) [Sector: Financial; Industry: Money Center Banks]

19. Canadian Imperial Bank (CM) [Sector: Financial; Industry: Money Center Banks]

20. Royal Bank of Canada (RY) [Sector: Financial; Industry: Money Center Banks]

21. HSBC Holdings, plc (HBC) [Sector: Financial; Industry: Money Center Banks]

22. BP PLC (BP) [Sector: Basic Materials; Industry: Major Integrated Oil & Gas]

23. Diageo plc (DEO) [Sector: Consumer Goods; Industry: Beverages - Wineries & Distillers]

24. Statoil ASA (STO) [Sector: Basic Materials; Industry: Oil & Gas Drilling & Exploration]

25. Unilever plc (UL) [Sector: Consumer Goods; Industry: Food - Major Diversified]

26. TransCanada Corp (TRP) [Sector: Utilities; Industry: Gas Utilities]

27. China Mobile Limited (CHL) [Sector: Technology; Industry: Wireless Communications]

28. Unilever NV (UN) [Sector: Consumer Goods; Industry: Processed & Packaged Goods]

29. Total S.A. (TOT) [Sector: Basic Materials; Industry: Major Integrated Oil & Gas]

30. Prudential PLC (PUK) [Sector: Financial; Industry: Life Insurance]

Track the Comings and Goings of The NYSE International 100 Index Dogs

Over the past nine months five firms have topped off this dividend yield based list. Color code shows: (Yellow) firms listed in first position at least once between January and September 2011; (Cyan Blue) firms listed in tenth position at least once between January and September 2011; (Magenta) firms listed in twentieth position at least once between January and September 2011; (Green) firms listed in thirtieth position at least once between January and September 2011. Duplicates are depicted in color for highest attained rank.

Firms do come and go from the list. This is partly due to NYSE limiting the source list of 100 stocks strictly to the top 100 largest capitalized foreign firms. Notable disappearances from the list over the past nine months are VE, RCI, SSL, REP(which left the NYSE); BNS. Notable additions are PUK; BP; HBC; BBVA; TI, TLK.


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(Click to enlarge)

September Dividend vs Price Results for NYSE International 100 Index Top Dividend Paying 10

Now in September Telefonica, S.A., Spain's telephone company, tops this list at 8.8% Yield. Annual projected dividend totals for $1000 invested in each stock are within $500 of the aggregate total single share prices and have begun to converge. Dividends vs price in September however are nowhere near the proximity evident the first two months of the year. This trend toward convergence in September signals stock prices rising again which reduces dividend yields and the number of shares buyable with a fixed investment amount.

Conclusion

Perhaps the Annual projected dividend totals for $1000 invested in the top ten of the NYSE International 100 dividend stocks will continue to converge toward the aggregate total single share prices in October. This was a very tame and harmonious list in January and February that crept into higher risk territory in the past six months. In October another review of the 30 NYSE International 100 dividend stocks will be reported. Stay tuned.

Disclaimer: This article is for informational and educational purposes only and shall not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, recommendation or endorsement to buy or sell any security.

Continue to Part 5 >>

Source: Introducing Dogs Of The Indices In Depth Part 4: NYSE International 100 Index Dogs