The dividend calculates out to a very high 10.7%, which includes capital gains. However, the fund has been paying its dividend only once a year, and has paid out in only eight out of the last 10 years.
Finally, there is Brazil -- the largest country in Latin America in terms of area and population, and the fifth-largest country in the world. For such a big country, there are very few dividend-paying companies.
However, there is
(PBR - Get Report)
, an oil exploration and production company, which yields 2.5%. It has a trailing P/E of 8.8.
For those interested in a Brazilian financial play, there is
, another member of the Claymore/BNY BRIC ETF. It has a dividend yield of 2.0%.
In the mining sector, generating a yield of 1.5%, is
Companhia Vale do Rio Doce
. It is owned by a who's who of the greatest investors ever, including
; super investor Louis Bacon of
; and one of Jim Cramer's favorite hedge funds to follow,
-- which is also a big holder of
You can see the full list of
the highest-yielding BRIC stocks
on Stockpickr. Another interesting list to track in a related area is the
Highest Yielding China Stocks
portfolio. And, while you're at it, why not check out the
highest-yielding bank stocks
highest-yielding stocks that pay monthly dividends