The Challenges of Selecting High Yielding, Latin American Dividend Stocks
Latin America continues to offer strong growth prospects as noted by strong performance from numerous ETFs focused on the region. However, there are specific stock opportunities that can also provide strong dividends. This article will focus on identifying American Depository Receipts (ADRs) for high yielding Latin American stocks. There are also potential ETF and other options that could provide income, but I'll ignore those for this article. The initial screen was to simply identify ADRs for these countries. I pulled from several web resources to compile an initial list of almost 80 companies of which around 50 paid some sort of dividend. The following 15 stocks had the highest yields: Latin American Dividend Stocks Ticker Name Market Capitalization ($ Millions) Dividend Yield Country Industry PVD Administradora de Fondos de Pensiones-Provida, S.A. 1,629 7.3%Chile Financial YPF YPF Sociedad Anonima 16,600 6.8% Argentina Oil & Gas APSA Alto Palermo S.A. 44... Read more