You Don’t Have to Cross the Border to Buy These 7 Overseas Dividend Stocks

This article was written with Oliver Pursche, the Co-Portfolio Manager of GMG Defense Beta Fund. It was part of a series of articles developed under an agreement with forbes.com to work with a variety of contributors and assist them in delivering actionable investment ideas each week. The site, forbes.com is one of the top 500 sites in the world with nearly 10 million subscribers and nearly 100 million page views a month.

Although U.S. Government machinations are decimating the middle class here, the good news is its remaining denizens can capitalize on the emergence of their brethren elsewhere.

One way to buy into fast growing emerging economies is through multinationals. You don’t normally get the same share price movement associated with directly investing in fast growing overseas stocks like Baidu or Petrobras but it may allow you to sleep more soundly at night.

All of the BRICs (Brazil, Russia, India and China) now host self sustaining economies growing at stable rates, independent central banks, adequate infrastructure and growing agricultural demand–all pillars of a burgeoning middle class.

Notwithstanding, I still believe these nations contain some degree of political risk and as a result, are focusing on, and buying U.S. and European companies with major stakes in these economies domestic equities within the BRICs. Our top holdings among multinational stocks include Pepsico, Caterpillar, Yum Brands, Leggett & Platt, Cliffs, Tupperware and Novartis.

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