Sunday, September 18, 2011

Top Yielding Israeli Stocks

One of the top IPOs in the United States last year was SodaStream International Ltd. (SODA), an Israeli company, which went public at $20 per share and has more than doubled.

Sodastream manufactures and markets home beverage carbonation systems, which can turn tap water into sparkling water and soda in just a few seconds. The product is marketed by Bed Bath & Beyond (BBBY), Macy's (M), Sears (SHLD), Williams-Sonoma (WSM), and many other retailers.

Unfortunately the stock doesn't pay a dividend, so if you are interested in Israeli companies that pay dividends, there are several available. The payouts can help reduce volatility and speed up your return of capital. According to WallStreetNewsNetwork.com, there are more than half a dozen Israeli companies with high yields ranging from 2% to 15%.

Elbit Systems Ltd. (ESLT), a manufacturer of defense systems and products, pays dividends quarterly and yields 4%. The company has been paying dividends since 1997. The stock trades at 7.3 times forward earnings and sports a price earnings growth ratio of 0.84.

Cellcom Israel Ltd. (CEL) is a cellular communications provider in Israeli that yields 9.9%, with dividends having been paid payable quarterly since 2007. The stock has a price to earnings ratio of 6.7 and a PEG ratio of 0.60.

Teva Pharmaceutical Industries Ltd. (TEVA), a developer and producer of generic and branded pharmaceuticals, has been paying quarterly dividends since 1997 and yields 2%. It trades at 6.8 times forward earnings and carries a PEG of 0.88.

The dividend paying stocks from Israel that trade in the United States can be found in a free list at WallStreetNewsNetwork.com, which is available for download, sorting, and updating.

Disclosure: Author did not own any of the above at the time it was written.


By Stockerblog.com

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