#5 - A.F.P Provida (PVD)Recommended by: Bryan Perry, editor of Cash Machine
Return for August: +8% vs. -4% for the Dow Jones
Administradora de Fondos de Pensiones Provida S.A. (PVD - Get Report), otherwise known as AFP Provida, is a private pension fund administrator in South America. The reliable revenue stream of its healthy, growing retirement business helps PVD yield a whopping 10% dividend. On top of that, growth in Latin America has helped push up Providia shares about 8% in August, making this stock a winner on two fronts.
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