Stocks With Dividend Yields More Than 12%

While the yields of the usual high dividend payers have been driven down by income investors, there are many stocks still offering dividend yields greater than 12%. These stocks tend to be overlooked by most investors. You can find these stocks in an overlooked place called American Depository Receipts (ADR). These are international stocks that are also registered to trade on the U.S. stock exchanges. According to my research, there are 72 ADRs with a dividend yield greater than 5%.

We found five stocks on this list with dividend yields above 12%. All of these stocks have a price/earnings ratio of 10 or less and a beta within reasonable range of the market. These stocks are value plays that pay investors high yields to wait for capital appreciation: Partner Communications Company Ltd. (PTNR), Telecom Corporation of New Zealand Limited (NZT), Telefonica Brasil SA (VIV), France Telecom (FTE) and Alto Palermo SA (APSA).

Source: Guru Focus

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