Large capitalized stocks from Latin America with low forward P/E's and good dividends originally published at "long-term-investments.blogspot.com". Yesterday I published a small list of the best yielding Asian dividend stocks with a low forward price to earnings ratio. Today I like to change the country and go forward with the Latin America region. It's a second hopeful region to seek for growth. If you have no idea where to find good yields in your own country, you should start to look aboard. But be careful. Foreign stocks have higher risks because of the additional currency risk and the small diversified companies.
My criteria are still:
- Market Capitalization over USD 10 billion
- Positive Dividend Yield
- Forward P/E below 15
Sixteen stocks fulfilled the mentioned criteria of which eight have a current buy or better recommendation.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 14.04 and forward P/E ratio is 10.08. The dividend yield has a value of 2.87 percent. Price to book ratio is 1.88 and price to sales ratio 2.29. The operating margin amounts to 22.95 percent and the beta ratio is 1.21. Stocks from the list have an average debt to equity ratio of 1.34.
Related stock ticker symbols:
SAN, VIV, EC, VALE, BCH, BSAC, CIB, BBD, BAP, AMX, PBR-A, ENI, PBR, EOC, ITUB, GGB