5 Best Foreign Stocks With Dividends

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In this article, we will discuss 5 best foreign stocks with dividends. If you want to read our detailed discussion on foreign investments, go directly to read 10 Best Foreign Stocks With Dividends

5. Sanofi (NASDAQ:SNY)

Dividend Yield as of October 25: 4.29%

Sanofi (NASDAQ:SNY) is a French healthcare company that provides innovative health solutions to its consumers. In Q2 2022, the company reported growth on all fronts. Its vaccine sales grew by 8.7% due to a strong rebound in travel. The company’s free cash flow came in at €1.5 billion, up 7.5% from a prior-year quarter.

Sanofi (NASDAQ:SNY) is one of the best foreign stocks on our list as the company has been raising its dividends consistently for the past 28 years. It currently pays a quarterly dividend of €0.83 per share for a dividend yield of 4.29%, as of October 25.

In October, Barclays maintained an Equal Weight rating on Sanofi (NASDAQ:SNY) with an €85 price target, appreciating the company’s balance sheet and earnings growth.

At the end of Q2 2022, the number of hedge funds tracked by Insider Monkey owning stakes in Sanofi (NASDAQ:SNY) grew to 28, from 19 in the previous quarter. These stakes have a consolidated value of over $1.68 billion. With 4 million shares, Camber Capital Management was one of the company’s leading stakeholders in Q2.

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