M&G's Rhodes' top five stocks and why he sold Coca-Cola

Stuart Rhodes, manager of the £1.7bn M&G Global Dividend fund, on five of his favourite stocks.

1. Spanish-listed company Prosegur is the dominant security service provider in Latin America. "We were able to get this at a cheap valuation because of the problems in Spain. It is a Spanish business however 75% of its profits or more come from Latin America," he said. Prosegur recently said it will pay 0.26 euros ($0.33) per share as a third interim gross dividend, according to a regulatory filing. 2. Another company that benefited from its European listing and headquarters, Umicore is the largest platinum recycler in the world. Rhodes said he has been waiting for this business to r...