Today I like to look at foreign dividend stocks. Europe could be a big source for cheap stocks because of the Euro crises. Sure they got a tough fight but if you believe that the 17 nation currency community will survive, you will definitely find some utilities or telecoms.
These are my stock screening criteria:
Headquarter: Ex-USA
Market Capitalization: Over 10 billion
Dividend Yield: +3 percent
Beta Ratio: Below 1
Forward P/E: Under 15
Nineteen companies fulfilled these criteria of which seven are High-Yields. Five of the results have a buy or better recommendation. The valuation is between 6 and 15 of the expected full year earnings.
Read More »
0 comments:
Post a Comment