International Dividend Stocks: Barclays Preferred D Shares
Dividend Yield: 7.85%
Barclays (BCS) is a hugely diversified financial services company, and that gives me comfort since it doesn’t just operate in one space or just in the U.K. Barclays also operates in Europe and Africa, offering both retail and commercial banking.
Of course, BCS offers the famous Barclaycard, but it’s also an investment bank and has a wealth management group. Barclays offers mortgages, unsecured loans, insurance, international payment services, and all the strategic and risk management services a global bank would be expected to offer.
I love preferred shares of financials, because if the underlying ever runs into trouble, the preferred has more rights and only gets its dividend cut after the common does. Barclays Preferred D Shares currently yield 7.85% and trade about 3% above par at $25.85. The ticker will vary depending on the brokerage or financial search engine you’re using.