1. World-Wide Rout Has Created Some Value.
- Author
-
Arends, Brett
- Subjects
- *
BLUE chip stocks , *DIVIDEND yield , *STOCKS (Finance) - Abstract
The article presents the high-quality stocks that offer dividend yields of 3.5% or better as of January 2008. Most of these stocks are Europe-based but multinational in scope and all have depository receipts in New York and easily accessible to U.S. investors. Despite the presence of varying risks, the companies have strong defensive qualities to ride out recession. The list includes pharmaceutical companies Pfizer and GlaxoSmithKline, telecom giants Deutsche Telekom, Vodafone Group and France Telecom.
- Published
- 2008