Taxing Dividends From U.S. and Foreign Companies
May 30, 2025 | Why Dividend Investing passed on Amdocs (DOX) for Avery Dennison (AVY) and how foreign tax rules can impact dividend income for U.S. investors.
In deciding to add Avery Dennison Corp. (AVY) to the Dividend Investing (DI) model portfolio last week, Amdocs Ltd. (DOX) was passed over, even though it had a slightly higher dividend yield at 2.3%. The reason was simple: Amdocs is incorporated in the island of Guernsey.
In this week’s update, I explain how dividends paid by foreign corporations can be …
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