10-26-2014, 08:47 AM
I know it puts me at a disadvantage, but I find that I am really hesitant to jump in on companies based outside the US. Maybe you all can help me get over that bias.
UL's dividends are not paid in dollars. So the amount you receive each quarter is adjusted according to prevailing exchange rates? And in addition to that, it looks like, in its native (?) currency, the dividend trend has generally been upwards, but not in a smooth fashion.
Doesn't that all add up to a degree of uncertainty that doesn't exist with US-based companies? It makes it much harder for me to look at a company like UL and have a sense of what the dividend is going to look like down the road. And with plenty of other consumer staples companies to choose from...
Or am I getting too focused on noise and ignoring a terrific opportunity?
And are there also tax implications to navigate?
Thanks!
UL's dividends are not paid in dollars. So the amount you receive each quarter is adjusted according to prevailing exchange rates? And in addition to that, it looks like, in its native (?) currency, the dividend trend has generally been upwards, but not in a smooth fashion.
Doesn't that all add up to a degree of uncertainty that doesn't exist with US-based companies? It makes it much harder for me to look at a company like UL and have a sense of what the dividend is going to look like down the road. And with plenty of other consumer staples companies to choose from...
Or am I getting too focused on noise and ignoring a terrific opportunity?
And are there also tax implications to navigate?
Thanks!