I can speak from experience that there is a general anxiety surrounding investing in international securities. There are additional complexities involved with international investing, not the least of which are currency fluctuations that make year-to-year comparisons confusing, and differences in internal controls at international companies.
For example, one international film producer tells me that the box office reports for films shown in China are never accurate because skimming occurs at the exhibition level. How does that get reflected in results from companies like IMAX (IMAX), or do they ever?
Still, these aren’t reasons to avoid investing in international securities. Some companies are the equivalent of a must-own Dow Jones or S&P 500 stock.
I’ve got three such companies to look at today, all of which are solid dividend stocks. So if you’re looking for yield abroad, start here.