Dividend-News
Daily dividend news for investors in dividend stocks
2 High-Yield Brazilian Stocks To Watch
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Published Fri, 03 Aug 2012 16:25:40 -0400 on Seeking Alpha
Brazil's market has slowed some over the last couple of months due to a variety of fears both about their domestic economy and the general global economy. For those who are betting on long-term Brazilian growth, here are some dividend companies to consider for some South American exposure. 1. Companhia Siderurgica Nacional (SID). This steel company has had a rough patch due to China dumping steel onto the world market and steel prices hovering around a two-year low. Rising energy costs, a stronger Real, and some infrastructure problems, and other problems have battered the stock. Still, the company is paying a hefty 8.2% dividend to draw investors in. This isn't a stable dividend, and it fluctuates strongly depending on market strength. If China's economy continues to slow to the point of an actual recession, this company could be hit with the continued drop in steel prices and lack of global... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield CPFL ENERGIA S.A.
US1261531057 22.00 17.8 1.24 1.13 5.14 CIA SIDERURGICA NACIONAL
US20440W1053 3.31 11.5 0.29 0.10 3.06