Three Top Dividend Stocks in Brazil

Three Top Dividend Stocks in Brazil

So you want to invest in Brazilian stocks? Have a seat while I fetch you a glass of water: You must have been out in the sun too long.

It's true that the Indice Bovespa, the country's benchmark equities index, has posted a gain of roughly 20% over the last three years. But bear in mind that in January 2016, the midpoint of the last 36 months, the Bovespa had lost 35% of its value, before staging a recovery.

Brazil's changing fortunes are responsible for this volatility. After several years of growth in which the country enjoyed status as one of the up-and-coming BRIC countries (i.e., Brazil, Russia, India, and China), it appears to have executed a sharp U-turn in recent years.

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Source: Fool.com