Message Font: Serif | Sans-Serif
No. of Recommendations: 0
VE and FTE, both based in France, have such high yields and depressed share prices that they still seem attractive despite the tax withholding.

I concur, Paps. But bear in mind that VE's dividend is not the TTM one reported on most investment sites (~12+%), but will rather likely be cut once declared by the board to the €0.70 target announced at the Dec. 6, 2011 Investor Day.

Also, the foreign withholding tax is recoverable, as David noted, for after-tax accounts, but not for retirement accounts. That's why I was stressing that for IRAs and pension accounts I just focus on the net-of-FW-tax yield.

On the issue of MLPs, this recent post of aleax's on the STON board might be of interest to you:

Coverage Fool, II
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.