Five Global Stocks Where Dividend Investors Can Find Dependable Yields
Last week we discussed making one move with your portfolio to make it safer and more profitable.
The idea was to expand into global dividend stocks.
The global footprint gives you safety through diversification, and the profits come from having strong dividend payments.
Now we also gave you a handful of Dividend ETF ideas… but some readers wanted more. They wanted individual stocks to look at.
So without further delay, here are five great global stocks with dependable yields.
Unilever (UL)
Unilever markets and manufactures some of the world’s best-known consumer brands. Products from Lipton to Vaseline are available from Baltimore to Belarus. The firm does business in 190 different countries.
Unilever breaks down its sprawling global business of 400+ brands into four segments: Personal Care, Foods, Refreshment, and Home Care. The company was founded in 1885, is headquartered in both London and Rotterdam, and is the world’s third largest consumer goods firm. (Procter & Gamble is #1, Nestle #2.)
Unilever has a yield of 3.29% and has been paying growing dividends for two years.
Diageo (DEO)
Walk into any bar in the world and there will probably be a Diageo product ready to be poured. Johnnie Walker Scotch whiskey, Crown Royal Canadian whiskey, Ketel One vodka… they’re all Diageo brands. So are Guinness and Red Stripe beer, and Sterling Vineyards wines.
Guinness plc changed its name to Diageo plc in February 1998. It is based in London and was founded in 1886.
Diageo has a yield of 2.62% and has been paying growing dividends for two years.
Accenture (ACN)
Management consulting for big business is its own big business, and Accenture does a lot of it… more than $28 billion a year. 91 of the Fortune Global 100 firms are Accenture clients. When the Obamacare website went in the ditch, the U.S. Department of Health and Human Services turned to Accenture to get it fixed.
The firm was born as a division of the accounting firm Arthur Anderson in 1953. It was established in 1989 and is headquartered in Dublin, Ireland.
Accenture has a yield of 2.36% and has been paying growing dividends for four years.
BP PLC (BP)
BP plc, which used to be called British Petroleum, dominated the headlines following a 2010 Deepwater Horizon oil spill off the Gulf Coast.
The company’s roots date back to 1909 when the British went looking for oil in Iran. It started developing oil in Alaska in 1959 and bought SOHIO, Standard Oil of Ohio, in 1978. BP’s headquarters are in London.
BP has a yield of 4.58% and has been paying growing dividends for two years.
Novo Nordisk (NVO)
This 79 year-old Danish firm produces two types of drugs. One segment targets diabetes care with products ranging from insulin to glucagon. The other segment produces biopharmaceuticals, which are used to treat hemophilia, and used for growth hormone therapy and hormone replacement therapy.
Novo Nordisk has a yield of 1.36% and has been paying dividends for 17 years.
These five stocks are each a safe way to bring profitable balance to your portfolio. And because you can trade them on a U.S. exchange, they’re easy to buy and sell.
How To Buy These Global Dividend Stocks
Each one of those companies trades on an American stock exchange as an
ADR. ADR stands for American Depository Receipt. It is a certificate issued by a U.S. bank that represents one share, or a specified number of shares, in the global stock traded on a U.S. exchange.
The ADR is priced in U.S. dollars so investors don’t have to worry about exchange rates, duty costs, or other fees. But investors do need to keep an eye on the currency risk.
For instance, if an investor takes a position in a European-based company and the U.S. dollar grows stronger than the Euro, the value of the ADR will fall.
Global dividend stocks are a perfect way to bring essential balance to your portfolio. Because these companies do business in so many different countries, and ride so many different ups and downs, they are insulated against wild swings.
They’re also positioned to capture the strong growth of emerging markets.
This combination of safety and upside gives global dividend stocks an important role to play in your portfolio.
Profitably Yours,
Michael Jennings
Category: Dividend Stocks
