Threadneedle's Stephen Thornber explains how his fund's global scope gives him better stockpicking options and highlights BP Prudhoe Bay Royalty, Baytex, HTC, Grupo Continental and Vivendi as ones to watch
By investing globally, Threadneedle’s investment team selects the most attractive opportunities among the hundreds of stocks currently offering a dividend yield of at least 4%. Here is my pick of international dividend-paying stocks. BP Prudhoe Bay Royalty Trust The fund’s largest holding is BP Prudhoe Bay Royalty Trust – a US energy trust. The Global Equity Income fund has held the stock for some time and I recently added to this position. The trust collects a royalty payment on the first 90,000 barrels of net oil production a day from the giant Prudhoe Bay oil field and has to distri...
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