Naughty or Nice Part II: 5 Delightfully Sinful Dividend Stocks

Heineken

Dividend Yield: 2.1%

Another stock in the alcohol sphere I like is Dutch mega-brewer Heineken NV (PINK:HINKY).

The global beer market is dominated by the Big 4 — Anheuser Busch InBev (NYSE:BUD), Heineken, SABMiller (PINK:SMBRY) and Carlsberg — though beer sales have been stagnant in the company’s core American and European markets. Sales are booming in emerging markets, however, and the Big 4 continue to gobble up small local brands with reckless abandon.

Heineken is unique among Western multinationals in that it is not only a great indirect play on rising incomes in the developing world, but it is a great play on the development of Africa in particular. Heineken already gets roughly a quarter of its revenues from Africa, and this percentage will only rise over time as the African middle class grows and develops.

Heineken pays a decent dividend of 2.1%.

Charles Lewis Sizemore, CFA, is the editor of the Sizemore Investment Letter, and the chief investment officer of investments firm Sizemore Capital Management. Sizemore Capital is long MO, DEO and HINKY. Sign up for a FREE copy of his new special report: “Top 3 ETFs for Dividend-Hungry Investors.”