Dividend-News

Daily dividend news for investors in dividend stocks


How Do Foreign Dividends Affect Your Dividend Income And Its Growth?

Published Thu, 02 Feb 2017 10:39:44 -0500 on Seeking Alpha

Have you thought about how foreign dividends affect your dividend income and its growth?

Since I'm a Canadian who earns foreign (mostly U.S.) dividends, I thought it would be a good exercise to explore if foreign dividends will really boost my income or income growth.
A similar exercise can be done for investors who reside in another country and invest for foreign dividends.
The majority of my foreign dividends are U.S. dollar-denominated.
These include companies which I can buy on the Toronto Stock Exchange, such as Brookfield Infrastructure Partners L.P.[TSX:BIP.UN](NYSE: BIP), Brookfield Renewable Partners L.P. [TSX:BEP.UN)(NYSE: BEP), Brookfield Property Partners L.P. [TSX:BPY.UN](NYSE: BPY) and Algonquin Power & Utilities Corp [TSX:AQN](NYSE: AQN), which yield 4.5%, 5.9%, 5% and 5.4%, respectively.
And also U.S.-based international companies or otherwise, including Pfizer Inc. (NYSE: PFE), Amgen, Inc. (Nasdaq: AMGN), Omega Healthcare Investors, Inc (NYSE: OHI), which yield 4%, 2.9% and 7.7%, respectively.
How does the foreign exchange rate affect my effective dividend income and its growth?
The effective dividend income I receive from my foreign dividends will fluctuate with the change in the strength of the U.S. dollar against the Canadian dollar. The change will also affect the effective income growth.
i) Effective dividend income

The effective dividend income I'll receive depends on the foreign exchange rate at the... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
OMEGA HEALTHCARE INVESTORS 32.38   17.1 1.89 2.48 7.82
BROOKFIELD INFRASTRUCTURE PARTNERS LP 38.29   34.2 1.12 1.74 4.62
PFIZER 34.00   29.3 1.16 1.28 3.71
AMGEN 165.74   16.2 10.24 4.60 2.75

OMEGA HEALTHCARE INVESTORS - OHI  


Older articles featuring Omega Healthcare Investors (OHI):
Dividend Investors: Are You Prepared To Climb Mt. Everest?
My 4% Dividend Yield Portfolio: Q1'17 Summary And Short-Term Expectations
Retirees: How To Generate The Income You Need From A Dividend Portfolio
January/February Dividend Income Update
5%+ Dividend Yield Portfolio: New Rules For FOMO (February 2017 Review)
Can 20 Financial Ratios Be Used To Find Dividend Growth Companies That Outperform The Market?
Retire On Dividends: Can You Still Build A High Yield Portfolio For Retirement?
Omega Healthcare: This 8% Yielder Is Firing On All Cylinders
Unlocking The Power Of REIT Dividends, Boom!
Introducing My New High Yield RIC Portfolio

More