ltecato (< 20)

Credit Suisse

February 02, 2012 – Comments (2) | RELATED TICKERS: CS , NSRGY.PK

This has the fattest dividend of any bank-type stock I've discovered so far. However, they only pay once a year. Lately two of their former employees have been sentenced for misconduct related to the mortgage meltdown, but from what I've read, that damage may have already been absorbed, if that's the right word. Also I don't know how much of that dividend might get sucked up by Swiss taxes. Seems like a lot of non-U.S. stocks pay big dividends, but  I've been warned about the tax angle elsewhere. 

 One good thing about CS, in my possibly naive opinion, is that they disclose a lot of financial info that other European concerns hold back. I look at the profile for Nestles on ShareBuilder, and there's nothing there, as far as stuff like P/E and quick ratio is concerned. And they say Wall Street lacks transparency....