Have a look at some attractive dividend paying stocks that could be considered in an international diversified stock portfolio.
One of the world’s largest alcohol beverage companies is Diageo (NYSE: DEO). This UK based company includes brands like Guinness, Captain Morgan and Johnnie Walker. The stock pays over 3% in annual dividends and has a strong income growth of over 13% this year.
Another big dividend payer is another UK based company. The leading pharmaceutical company GlaxoSmithKline (NYSE: GSK) pays over 5% in dividends and could be a bargain at just 13 times forward earnings. This company should have very little downside potential.
Russian telecommunication company Mobile TeleSystems (NYSE: MBT) carries a much higher degree of risk but therefore pays a massive dividend. The dominate player relies entirely on the Russian economy but has a safety net of a 10% dividend yield.
Based in Switzerland, household name Nestlé (OTC: NSRGY) pays nearly 3% in dividends. On top of it, estimates expect a growth in earnings of 11% per year over the next 5 years!
International high dividend paying stocks are an important integral in a diversified portfolio. Have a look and think about, if the one or the other is for you!
Sven Franssen