International companies pay dividends on a
different schedule than American companies. Here in the States we expect
a dividend every quarter. Foreign companies tend to pay twice a
year. During my two years of profiling dividend machines, I
included only a few foreign companies (i.e. BCE); these companies paid
dividends quarterly. Today I profile company that is foreign, trades in the U.S., and pays dividends twice a year.
You should consider investing in some international
stocks and one that I like and just bought is Sasol, symbol
SSL. SSL pays dividends twice a year. One dividend
tends to be large and the other small. When you add up the two
dividends and look at the company's history, SSL has delivered a very good
dividend over time. The company is not technically a dividend machine because
they paid a lesser dividend in 2008 than it did in 2009. Since 2008,
the dividend has increased every year.
The table below presents SSL's company
fundamentals.
DIVIDEND
COMPANY
|
1/25/2013
|
||
SASOL
|
SSL
|
||
Price when profiled
|
$42.60
|
||
Earnings Per Share
|
$4.33
|
||
Dividends Per Share
|
$2.06
|
||
Current Qtr Dividend
|
$0.50
|
||
Annualized Div Yield
|
4.90%
|
||
Dividend Increases
|
Since 2008
|
||
Debt/Equity ratio
|
0.13
|
||
In
addition to this company’s fundamentals, I like their business. SSL is a South African Company that deals in
chemicals, fuels, and oils. They have
created the technology for converting natural gas to liquid gas. I feel this is the technology that will reap
profit from the abundance of natural gas available around the world.
Consider
this international dividend company for the income producing portion of your
portfolio.
TheMoneyMadam
