Dividends4Life: Top Yielding Japanese Dividend Stocks

Top Yielding Japanese Dividend Stocks

Posted by D4L | Monday, February 21, 2011 | | 0 comments »

Economists have been saying for the last few years that Japan has been stagnating, and many of those economists believe that the United States is turning into another Japan. But maybe, just maybe, there may be a turn-around in the 'Land of the Rising Sun'. After all, the iShares MSCI Japan Index (EWJ) is up 20.8% since July 1 of last year.

Japan has the third largest economy in the world based on gross domestic product for purchasing power parity and nominal GDP. Three quarters of the GDP comes from the service sector. The country's unemployment rate is 5.1%. The Tokyo Stock Exchange is the largest exchange in the world outside of the United States. There are over 15 different Japanese companies that trade on American stock exchanges, according to WallStreetNewsNetwork.com. The Tokyo based Canon Inc. (CAJ) and Toyota Motor Corp. (TM).

Source: Seeking Alpha

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