Bought some UL today. Even if it appreciates back to $33.16 per share, the dividend yield would still be large at 3.71%. No foreign tax is withheld on UL dividends, making UL appropriate for IRA or regular investment accounts. According to Yahoo Finance, UL's operating margin is 13.2% compared with 6.21% for the industry. Per Yahoo Finance: UL's Return on Equity is 33.14% versus 9% for the industry, 13.65% for Del Monte, 9.07% for Kraft, 15.91% for Danone, 19.38% for Agro Tech Foods (Indian entity of similar market cap), 35.87% for Heinz, and 20.73% for Lancaster Colony.
If you profit from UL, please consider sharing some of the profit with an honorable charity. Happy new year.
Germany does not withhold tax on stock dividends to US citizens on IRA accounts, but with a 26% withhold tax on stock dividends on regular acct. Singapore, Hong Kong, and Bermuda do not withhold tax on stock dividends regardless of the type of accounts.