Topics of our time are the debt crisis, jobless rate, recession, government spending, trade deficit and QE by the Federal Reserve. These are themes that devalue the U.S. dollar in the long term. For investors it could make sense to escape from the country and allocate funds abroad in order to find new growth perspectives and to realize foreign capital gains.
I screened all high-yield stocks (dividend yield of more than five%) of U.S. listed companies with headquarter outside the United States. In order to limit the screening results, I decided to implement three additional pricing criteria. First, the stock should have a low forward P/E ratio (a value of less than 15). Second, the P/B ratio must be less than the current share price (a value below one) and finally, the P/S ratio should be cheaper than one too.
As result, 10 stocks remained of which three have a dividend yield of more than eight%. Thirty% of the stocks are home based in Greece.
Here are my three most promising stocks from the screening results:
1. Veolia Environment (VE, Financial) is a French based company and is acting within the waste management industry.The company has a market capitalization of USD $8.6 billion, generates revenues in an amount of USD $48.3 billion and a net loss of USD $324.3 million. It follows forward P/E ratio 9.82, P/S 0.2 and P/B ratio 0.8. Dividend Yield: 10.5%. Years of Consecutive Dividend Increasing: 0 Years. Five-year Dividend Growth: 32.8%. The company paid dividends since 2002.
2. Telecom Italia (TI, Financial) is home based in Italy and acts within the diversified communication services industry. The company has a market capitalization of USD $24.2 billion, generates revenues in an amount of USD $41.5 billion and a net loss of USD $124.0 million. It follows forward P/E ratio 6.5, P/S 0.6 and P/B ratio 0.7. Dividend Yield: 6.8%. Years of Consecutive Dividend Increasing: 0 Years. Five-year Dividend Growth: 2.7%. The company paid dividends since 2005.
3. Sun Life Financial (SLF, Financial) is headquartered in Canada and acts within the life insurance industry. The company has a market capitalization of USD $15.8 billion, generates revenues in an amount of USD $21.4 billion and a net income of USD $1.8 billion. It follows Price/Earnings ratio is 8.7 and forward P/E ratio 8.9, P/S 0.7 and P/B ratio 0.9. Dividend Yield: 5.5%. Years of Consecutive Dividend Increasing: 0 Years. Five-year Dividend Growth: 6.6%. The company paid dividends since 2000.
Take a closer look at the full table. The average P/E ratio (P/E ratio) of the list amounts to 7.0 while the average forward P/E ratio is 7.6. The dividend yield has an average value of 6.5%. Price to book ratio is 0.8 and price to sales ratio 0.5. The average operating margin amounts to 10.6%.
Related stock ticker symbols:
VE, TNP, HIMX, HNP, E, NM, TI, TEU, STM, SLF
Selected Articles:
• High Yielding Foreign Large Capitalized Stocks
• Best Yielding Stocks From European Bailout Candidate Countries
• 10 Best Yielding Switzerland Stocks
• Best Canada Dividend Stocks
• Stock Market Performance Update By Countries (Year-to-Date)
I screened all high-yield stocks (dividend yield of more than five%) of U.S. listed companies with headquarter outside the United States. In order to limit the screening results, I decided to implement three additional pricing criteria. First, the stock should have a low forward P/E ratio (a value of less than 15). Second, the P/B ratio must be less than the current share price (a value below one) and finally, the P/S ratio should be cheaper than one too.
As result, 10 stocks remained of which three have a dividend yield of more than eight%. Thirty% of the stocks are home based in Greece.
Here are my three most promising stocks from the screening results:
1. Veolia Environment (VE, Financial) is a French based company and is acting within the waste management industry.The company has a market capitalization of USD $8.6 billion, generates revenues in an amount of USD $48.3 billion and a net loss of USD $324.3 million. It follows forward P/E ratio 9.82, P/S 0.2 and P/B ratio 0.8. Dividend Yield: 10.5%. Years of Consecutive Dividend Increasing: 0 Years. Five-year Dividend Growth: 32.8%. The company paid dividends since 2002.
2. Telecom Italia (TI, Financial) is home based in Italy and acts within the diversified communication services industry. The company has a market capitalization of USD $24.2 billion, generates revenues in an amount of USD $41.5 billion and a net loss of USD $124.0 million. It follows forward P/E ratio 6.5, P/S 0.6 and P/B ratio 0.7. Dividend Yield: 6.8%. Years of Consecutive Dividend Increasing: 0 Years. Five-year Dividend Growth: 2.7%. The company paid dividends since 2005.
3. Sun Life Financial (SLF, Financial) is headquartered in Canada and acts within the life insurance industry. The company has a market capitalization of USD $15.8 billion, generates revenues in an amount of USD $21.4 billion and a net income of USD $1.8 billion. It follows Price/Earnings ratio is 8.7 and forward P/E ratio 8.9, P/S 0.7 and P/B ratio 0.9. Dividend Yield: 5.5%. Years of Consecutive Dividend Increasing: 0 Years. Five-year Dividend Growth: 6.6%. The company paid dividends since 2000.
Take a closer look at the full table. The average P/E ratio (P/E ratio) of the list amounts to 7.0 while the average forward P/E ratio is 7.6. The dividend yield has an average value of 6.5%. Price to book ratio is 0.8 and price to sales ratio 0.5. The average operating margin amounts to 10.6%.
Related stock ticker symbols:
VE, TNP, HIMX, HNP, E, NM, TI, TEU, STM, SLF
Selected Articles:
• High Yielding Foreign Large Capitalized Stocks
• Best Yielding Stocks From European Bailout Candidate Countries
• 10 Best Yielding Switzerland Stocks
• Best Canada Dividend Stocks
• Stock Market Performance Update By Countries (Year-to-Date)
