7 Top Global Dividend Stocks to Buy

Look beyond our borders for generous yields with greater growth potential

      View All  
7 Top Global Dividend Stocks to Buy

Dividend Stock #1 – Cellcom Israel (CEL)

CellcomLogo 7 Top Global Dividend Stocks to BuyRecommended by: Richard Band, Editor, Profitable Investing

Cellcom Israel (NYSE: CEL), Israel’s largest wireless carrier with 34% of the market, just declared its first quarterly dividend for 2011 — the equivalent of 85.7 cents (U.S.) per share. Annualized, that works out to a super-sweet yield of almost 11%!

CEL hands over virtually all its profits to shareholders as dividends, so there’s a chance the company may have to trim the payout in future quarters if business hits a speed bump. On the other hand, this “pay it all out” policy (similar to the approach taken by most U.S. master-limited partnerships) imposes rigorous capital allocation discipline on management. In short, Cellcom execs don’t waste money.

Buy dividend stock CEL on a pullback below $33.


Article printed from InvestorPlace Media, http://investorplace.com/2011/04/global-high-dividend-stocks-cel-ch-tlk-iae-cpl-telny-sdrl/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.