The sell-off in Europe has left in its wake several dividend payers selling for better multiples...


The sell-off in Europe has left in its wake several dividend payers selling for better multiples and offering higher yields than their U.S. counterparts. At 4.82%, Novartis (NVS) yields 90 bps more than JNJ. France Telecom (FTE)  yields 14.9% with a PE of 6.4 vs. 23.4 for its peers. The full list.
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Comments (3)
  • SoonerTed
    , contributor
    Comments (39) | Send Message
     
    FTE has already announced they are dropping their dividend, and the ex-date has already passed for the super-high dividend.
    8 Jun 2012, 09:38 AM Reply Like
  • SteveTheHawk
    , contributor
    Comments (2170) | Send Message
     
    When I read this post, my first response was to wonder how long it would be before FTE whacked the dividend. Question answered. Add to that the issue of the Frenchies keeping some of my money for taxes, I'm not all that interested.
    8 Jun 2012, 10:05 AM Reply Like
  • mattob
    , contributor
    Comments (2) | Send Message
     
    Reminds me of one of my favorite quotes-
    " Be careful of what you see and read on the internet - it's not all true" Abraham Lincoln
    8 Jun 2012, 11:51 AM Reply Like
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