The average dividend yield for a member of the Standard & Poor's 500 is just under 1.9%. All of the foreign stocks have higher yields, including within their respective sectors. Paying a dividend makes a stock much more attractive in many different ways to many different investors. The daily volume for each foreign stock above is a fraction of that for its American counterpart despite comparable market capitalization. What makes this even more glaring is how much higher the dividend yield are for the foreign stocks with the lesser amounts of volume. The lower daily volume evinces a reduced degree of investor interest, which results in pricing inefficiencies.
From that, investors should be able to buy these income stocks at a lower price, which results in a higher dividend yield: China Petroleum & Chemical (SNP), Empresa Nacional de Electricidad (EOC), GlaxoSmithKline (GSK) and Westpac Banking Corporation (WBK). Beijing's China Petroleum & Chemical is "Big Oil," the UK's GlaxoSmithKline is "Big Pharma." Westpac Banking is Australia's biggest financial services company. Empresa Nacional de Electricidad operates 178 generation units in Argentina, Brazil, Chile, Colombia, and Peru from its headquarters in Santiago, Chile.
Source: The Street
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I think that GSK is still the most attractive pick in the list. The others come from EM Market. For the time being, it looks more risky.