This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

High-Yield 'BRICs' to Help Build Your Portfolio

One of those names is Mahanagar Telephone Nigam (MTE), which provides all types of telecommunications services in Delhi and Mumbai, India. It generates a dividend yield of 3.8%, which is paid twice a year. The company's trailing P/E is a reasonable 15, and its PEG ratio is 2.2. As of the end of the previous fiscal year, Mahanagar had $465 million in cash and no long-term debt.

Another India stock that pays a relatively high dividend is Tata Motors (TTM), which manufactures cars, trucks, buses and other vehicles. It pays a yield of 1.5%. Tata's trailing P/E is a reasonably low 14, its price-to-sales ratio is 0.9 and its PEG ratio is a very decent 0.7. Quarterly revenue growth for the company was in excess of 60% year over year, and quarterly earnings growth was over 30%.

This is another stock owned by the Claymore/BNY BRIC ETF, and is also a Ken Fisher stock recommendation. Fisher, who is the founder, chairman and CEO of Fisher Investments, is a strong proponent of diversifying worldwide. His other recent recommendations can be found in the Ken Fisher portfolio on Stockpickr.

To round out your India portfolio, take a look at Icici Bank (IBN). This bank has over 670 branches and operates in more than 12 countries. It offers a dividend of 1.7%.

Let's move on to Russia, the largest country in the world in terms of total area. Unfortunately, there are very few Russian ADRs that trade on the New York Stock Exchange, and those that do don't pay dividends.

About the only way you can play the Russian market and receive a dividend is through the Central European and Russia Fund (CEE - Get Report). This is a closed-end fund that is managed by Deutsche Asset Management International GmbH and invests in a diverse group of sectors in Russia and Eastern Europe.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs