Top 3 Dividend Stocks in Latin America
It is a great time to invest in Latin America, because unlike the emerging economies in Asia, Latin American nations lack ethnic and religious strife and fuel their economic growth with their domestically available natural resources. In addition to growth stocks such as Petrobras, Vale, and Mercadolibre, Latin America offers some value in dividend income through these high yielding stocks. Ambev (ABV)- Ambev is the leading beverage company in Latin America and a subsiadary of Anhauser Busch Inbev. It sells Brazil's top two brands of beer along with Pepsi (PEP) products across South America. Out of all the companies on this list, Ambev has the strongest financial condition with a 0.27 debt/equity ratio, and ROIC of 25.71%, and a 31% profit margin. Ambev also pays a high, but irregular dividend with a 3.84% yield.YPF S.A. (YPF)- YPF is Argentina's leading integrated oil and gas company holding a 38% market... Read more