These International Dividend Stocks Offer Diversification and Income

It's a smart idea to diversify your holdings not only by market size and industry, but also geographically. If the U.S. economy stalls or slides, other economies may still be performing well, and could help offset losses in your portfolio. International dividend stocks offer an extra bonus, as dividends can be quite powerful wealth builders. Internationally reaped ones can be a little more complicated than domestic ones, though.

More than a handful of international dividend stocks had strong performances over the past year. Vodafone Group (NASDAQ: VOD), for example, popped 38%. Vodafone Group has had an eventful past year, with shareholders approving the sale of its remaining stake in Verizon Wireless to Verizon for $130 billion. Banco Santander (NYSE: SAN) jumped 27%, and recently yielded about 7.2%. It has been fighting weakness in Europe, but that has been abating. Oil giant BP (NYSE: BP) gained 22% and recently yielded 4.7%, but that doesn't make it appealing enough to buy, for some investors.

Source: Motley Fool

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