In total, my team found 227 common stocks paying dividends of 12% or higher. But only 17 of these companies were located in the United States. The other 210 were located in international markets.

Action to Take --> This means if you want high-yielding stocks, then 92% of your opportunities are located outside the United States. But don't worry, you can buy many of these without even leaving the U.S. markets.

I have more details -- including several names and ticker symbols -- in a presentation I recently put together. Visit this link to read it now. ( http://web.streetauthority.com/m/hy-intl/2012/ehna12/forget-treasuries-sample.asp?TC=HN0669 ) In the presentation, I've even included the full list of the 17 U.S. companies yielding above 12%.

Paul Tracy owns shares of PM. StreetAuthority LLC does not hold positions in any securities mentioned in this article.

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  • This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.

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