These 8 Top Dividend Stocks Are Also ADRs - Check Them Out

An American Depositary Receipt (ADR) is an issued certificate that represents shares of a foreign stock. While these certificates represent shares of foreign stocks, they trade on U.S. exchanges and are not subject to foreign taxes or fees and were first traded on U.S. exchanges in 1927. These investments help American investors invest globally easily by avoiding currency exchanges and fluctuating prices. This post identifies and describes 8 of the top dividend ADRs.

Written by Timothy J. McIntosh

Investing abroad can be very complex for investors. Some securities cannot be purchased through U.S. based brokers. In some cases, investors need to open a brokerage account in another country. ADRs can offer a lot of flexibility for investors. They are typically easy to buy and sell, just like U.S. based common stocks. However, they do have less liquidity than common stocks. Another added bonus for investors with ADRs is that they are priced in U.S. dollars and dividends are paid in U.S. dollars.

Top ADR Dividend Stocks

1. GlaxoSmithKline ADR (NYSE: GSK) is a UK-based healthcare company.

The stock has a dividend yield of about 5%.

The company’s biggest challenge is dealing with the expiration of its respiratory drug Advair. It has been attempting to gain market share by cutting prices.

GSK ranks 3 on our Top 100 Dividend Stocks list.

2. 3. Teva Pharmaceutical ADR (NYSE: TEVA ) is an Israel-based pharmaceutical company that focuses on generic drugs.

Teva has a dividend yield of about 3%.

The company’s stock has fallen due to a weak outlook, but the company could be ready for a comeback.

TEVA ranks 7 on our Top 100 Dividend Stocks list.

3. Diageo PLC ADR (NYSE: DEO) is a UK-based alcoholic beverage company.

The company has a dividend yield of approximately 3%.

The company has been making efforts to expand its business in North America, which is an area that accounts for a significant amount of its bottom line.

DEO ranks 12 on our Top 100 Dividend Stocks list.