Foreign dividend stocks, after tax
A 5% yield from a Swiss company is not a 5% yield — Switzerland withholds 35% at source. This is every dividend-paying ADR we track with both the headline yield and the net yield after the issuer country's withholding tax, so you can compare Shell against Rio Tinto against Novo Nordisk on the number that actually reaches your account.
160 ADRs across 34 countries, median gross yield 3.55%. Prices as of Sep 3, 2026.
What you'd actually receive
Enter a position size and see the dividend after the issuer country takes its cut — and how much of that comes back as a foreign tax credit.
In a taxable account the 0% treaty portion ($0.00) becomes a foreign tax credit on Form 1116 — it offsets your US tax on this dividend rather than disappearing, so the real cost is close to zero if you have enough US tax to offset.
Estimates using the current yield and standard treaty rates, before US income tax. General guidance, not tax advice — see the withholding guide for the paperwork.
- 1LXLexinFintech Holdings Ltd. American Depositary Shares44.66%
- 2YRDYiren Digital Ltd.27.16%
- 3TOURTuniu Corporation23.75%
- 4TMRAFTomra Systems ASA21.44%
- 5FORTYFormula Systems (1985) Ltd.20.22%
- 6JFINJiayin Group Inc.20.15%
- 7IRSIRSA Inversiones y Representaciones Sociedad Anónima17.10%
- 8HXGBYHexagon AB (publ)16.18%
- 9JKSJinkoSolar Holding Company Limi12.19%
- 10PAGSPagSeguro Digital Ltd.11.38%
Flagged yields are unusually high — normally a special or one-off payment still in the trailing rate. Many foreign companies pay a variable dividend tied to profits.
- 1LXLexinFintech Holdings Ltd. American Depositary Shares40.19% net
- 2YRDYiren Digital Ltd.24.44% net
- 3TOURTuniu Corporation21.38% net
- 4TMRAFTomra Systems ASA18.22% net
- 5JFINJiayin Group Inc.18.13% net
- 6IRSIRSA Inversiones y Representaciones Sociedad Anónima15.90% net
- 7FORTYFormula Systems (1985) Ltd.15.16% net
- 8HXGBYHexagon AB (publ)13.75% net
- 9JKSJinkoSolar Holding Company Limi12.19% net
- 10PAGSPagSeguro Digital Ltd.11.38% net
Flagged yields are unusually high — normally a special or one-off payment still in the trailing rate. Many foreign companies pay a variable dividend tied to profits.
- 1JKSJinkoSolar Holding Company Limi12.19% · Hong Kong
- 2PAGSPagSeguro Digital Ltd.11.38% · Brazil
- 3SBSCompanhia de Saneamento Basico10.41% · Brazil
- 4BBDOBanco Bradesco S.A. (ON) ADR8.88% · Brazil
- 5BBDBanco Bradesco S.A. (PN) ADR8.87% · Brazil
- 6VIVTelefonica Brasil S.A.7.32% · Brazil
- 7BSBRBanco Santander Brasil SA7.01% · Brazil
- 8ITUBItau Unibanco Banco Holding SA6.31% · Brazil
- 9BTIBritish American Tobacco Indus5.92% · United Kingdom
- 10ELPCCompanhia Paranaense de Energia5.67% · Brazil
- 1PAGSPagSeguro Digital Ltd.11.38%
- 2JOYYJOYY Inc.8.32%
- 3KSPIJoint Stock Company Kaspi.kz American Depository Shares8.26%
- 4BSBRBanco Santander Brasil SA7.01%
- 5BTIBritish American Tobacco Indus5.92%
- 6CIBGrupo Cibest S.A.5.40%
- 7AXIAAXIA Energia SA4.90%
- 8BPBP P.l.c.4.76%
- 9EENI S.p.A.4.54%
- 10TTETotalEnergies SE4.00%
Withholding tax by country
Standard treaty treatment for a US resident holding in a taxable account. Where the country withholds more than the treaty rate, the excess is reclaimable — and a US foreign tax credit usually offsets the rest.
| Country | Payers | Median yield | Withheld | Notes |
|---|---|---|---|---|
| ChinaAsia-Pacific | 31 | 5.13% | 10% | 10% statutory rate. |
| United KingdomEurope | 20 | 3.00% | 0% | No UK withholding on dividends. Exception: REIT property income distributions (PIDs) are withheld at 20%. |
| BrazilLatin America | 20 | 4.30% | 0% | Dividends are exempt from Brazilian withholding; the Interest-on-Equity (JCP) portion is withheld at 15%. |
| JapanAsia-Pacific | 9 | 2.75% | 10% | 15.315% withheld at source, 10% treaty rate — the gap is reclaimable. |
| MexicoLatin America | 8 | 2.97% | 10% | 10% statutory rate. |
| ArgentinaLatin America | 6 | 4.46% | 7% | 7% on dividends. |
| TaiwanAsia-Pacific | 6 | 1.20% | 21% | 21% — there is no US tax treaty with Taiwan, so the full statutory rate applies. |
| ChileLatin America | 5 | 4.18% | 35% | 35% headline — the US-Chile treaty preserves the full rate under Chile's integrated system, offset by corporate tax credits. |
| NetherlandsEurope | 4 | 1.30% | 15% | 15% statutory, equal to the treaty rate. |
| IndiaAsia-Pacific | 4 | 1.57% | 20% | 20% plus surcharge domestically; the treaty caps at 25%, so the domestic rate applies. |
| South AfricaAfrica & Middle East | 4 | 4.62% | 15% | 20% withheld at source, 15% treaty rate. |
| SwitzerlandEurope | 4 | 2.21% | 15% | 35% withheld at source, 15% treaty rate — 20% reclaimable via Form 82. |
| NorwayEurope | 3 | 4.33% | 15% | 25% withheld at source, 15% treaty rate — 10% reclaimable. |
| PeruLatin America | 3 | 3.20% | 5% | 5% on dividends. |
| FranceEurope | 3 | 4.74% | 15% | 25% withheld at source, 15% treaty rate — reclaimable via Form 5000/5001. |
| SpainEurope | 3 | 1.98% | 15% | 19% withheld at source, 15% treaty rate — 4% reclaimable. |
| GermanyEurope | 3 | 2.41% | 15% | 26.375% withheld at source (25% plus solidarity surcharge), 15% treaty rate — reclaimable. |
| LuxembourgEurope | 2 | 4.48% | 15% | 15% under the treaty. |
| AustraliaAsia-Pacific | 2 | 4.51% | 15% | Franked dividends are exempt; 30% at source on the unfranked portion, 15% treaty rate. |
| South KoreaAsia-Pacific | 2 | 3.25% | 15% | 22% withheld at source (20% plus local surtax), 15% treaty rate. |
| ColombiaLatin America | 2 | 4.24% | 20% | 20% on dividends to non-residents; no US tax treaty. |
| SwedenEurope | 2 | 9.68% | 15% | 30% withheld at source, 15% treaty rate — 15% reclaimable. |
| BelgiumEurope | 2 | 1.74% | 15% | 30% withheld at source, 15% treaty rate — reclaimable. |
| Hong KongAsia-Pacific | 1 | 12.19% | 0% | No dividend withholding. |
| IndonesiaAsia-Pacific | 1 | 8.27% | 15% | 20% withheld at source, 15% treaty rate. |
| PhilippinesAsia-Pacific | 1 | 8.39% | 15% | 25% withheld at source, 15% treaty rate. |
| DenmarkEurope | 1 | 2.48% | 15% | 27% withheld at source, 15% treaty rate — 12% reclaimable. |
| TurkeyEurope | 1 | 3.46% | 15% | 15% domestic rate on dividends. |
| ItalyEurope | 1 | 4.54% | 15% | 26% withheld at source, 15% treaty rate — usually applied automatically. |
| IsraelAfrica & Middle East | 1 | 20.22% | 25% | 25% domestic rate; 12.5-25% under the treaty depending on the payer. |
| IrelandEurope | 1 | 1.67% | 0% | Exempt for US residents with a completed W-8BEN; 25% otherwise. |
| BermudaOther | 1 | 0.77% | 0% | No dividend withholding. |
| FinlandEurope | 1 | 1.89% | 15% | 15% treaty rate; 35% applies to nominee-registered shares without treaty paperwork. |
| KazakhstanAsia-Pacific | 1 | 8.26% | 15% | 15% domestic rate; 5-15% under the treaty. |
Rates shown are the treaty rate a US resident should end up paying, with the higher at-source rate noted where one applies — general guidance only, not tax advice. Two things the table can't show you: the foreign tax credit only offsets US tax, so inside an IRA or Roth the withholding is a permanent leak (Canada is the one exception — 0% on Canadian dividends held in a retirement account), and ADR pass-through fees of roughly $0.01-$0.05 per share are deducted on top. Both are covered in the ADR withholding guide.
All 160 dividend-paying ADRs
160 shown · click any column to sort
Why: foreign withholding is recovered through the US foreign tax credit, which only offsets US tax you actually owe. An IRA or Roth owes no US tax on the dividend, so there is nothing for the credit to offset and the withheld amount is gone for good — there is no reclaim route either. Hover any badge for the country-specific reason.
| Company | Country | Gross yield | Withheld | Net yield | Pays | Payout | Quality | Size | 1Y |
|---|---|---|---|---|---|---|---|---|---|
TSMIRA leak Taiwan Semiconductor Manufacturing Company Limited | Taiwan | 1.06% | 21% | 0.84% | Quarterly | 26% | 30 | $2.22T | +82.3% |
ASMLIRA leak ASML Holding N.V. - New York Re | Netherlands | 0.52% | 15% | 0.44% | Quarterly | 30% | 35 | $658.7B | +127.6% |
HSBCIRA ok HSBC Holdings, PLC. | United Kingdom | 1.88% | 0% | 1.88% | Quarterly | 54% | 29 | $366.9B | +64.6% |
RHHVFbad in IRA Roche Holding AG | Switzerland | 2.21% | 15%rec | 1.88% | Annually | 64% | 23 | $350.1B | +38.7% |
RHHBFbad in IRA Roche Holding AG | Switzerland | 2.22% | 15%rec | 1.89% | Annually | 64% | 23 | $337.2B | +19.7% |
NVSbad in IRA Novartis AG | Switzerland | 2.91% | 15%rec | 2.47% | Annually | 72% | 24 | $304.1B | +24.6% |
BABAIRA leak Alibaba Group Holding Limited | China | 0.93% | 10% | 0.84% | Annually | 24% | 18 | $281.5B | -13.5% |
MUFGIRA leak Mitsubishi UFJ Financial Group, Inc. | Japan | 2.75% | 10% | 2.48% | Semi-Annually | 35% | 39 | $271.2B | +56.6% |
SHELIRA ok Shell plc American Depositary Shares (Each represents two Ordinary shares) | United Kingdom | 3.37% | 0% | 3.37% | Quarterly | 33% | 35 | $265.9B | +28.5% |
SAPbad in IRA SAP SE | Germany | 1.35% | 15%rec | 1.15% | Annually | 38% | 35 | $248.3B | -20.9% |
TMIRA leak Toyota Motor Corporation | Japan | 3.16% | 10% | 2.84% | Semi-Annually | 26% | 42 | $234.8B | -0.3% |
BHPbad in IRA BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) | Australia | 4.25% | 15% | 3.61% | Semi-Annually | 69% | 26 | $229.8B | +62.8% |
SANIRA leak Banco Santander, S.A. Sponsored | Spain | 1.98% | 15%rec | 1.68% | Semi-Annually | 25% | 29 | $216.8B | +55.9% |
NVObad in IRA Novo Nordisk A/S | Denmark | 2.48% | 15%rec | 2.11% | Semi-Annually | 45% | 30 | $206.0B | -17.0% |
TTEbad in IRA TotalEnergies SE | France | 4.00% | 15%rec | 3.40% | Quarterly | 49% | 33 | $196.0B | +44.0% |
SMFGIRA leak Sumitomo Mitsui Financial Group, Inc. | Japan | 2.25% | 10% | 2.02% | Semi-Annually | 34% | 36 | $172.9B | +64.3% |
RIOIRA ok Rio Tinto PLC | United Kingdom | 4.10% | 0% | 4.10% | Semi-Annually | 55% | 33 | $168.0B | +65.3% |
BBVAIRA leak Banco Bilbao Vizcaya Argentaria, S.A. | Spain | 4.75% | 15%rec | 4.04% | Semi-Annually | 49% | 47 | $162.8B | +59.9% |
BUDbad in IRA Anheuser-Busch Inbev SA Sponsor | Belgium | 2.93% | 15%rec | 2.49% | Semi-Annually | 29% | 42 | $158.2B | +35.8% |
SONYIRA leak Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock) | Japan | 0.63% | 10% | 0.57% | Semi-Annually | 13% | 18 | $143.5B | -11.8% |
ULIRA ok Unilever PLC | United Kingdom | 3.39% | 0% | 3.39% | Quarterly | 77% | 14 | $138.2B | -12.2% |
MFGIRA leak Mizuho Financial Group, Inc. Sp | Japan | 1.60% | 10% | 1.44% | Semi-Annually | 25% | 33 | $135.9B | +71.7% |
PBRIRA ok Petroleo Brasileiro S.A. Petrob | Brazil | 1.31% | 0% | 1.31% | Semi-Annually | 29% | 30 | $129.7B | +62.5% |
BTIIRA ok British American Tobacco Indus | United Kingdom | 5.92% | 0% | 5.92% | Quarterly | 85% | 14 | $119.2B | -0.1% |
BPIRA ok BP P.l.c. | United Kingdom | 4.76% | 0% | 4.76% | Quarterly | 95% | 14 | $112.8B | +27.7% |
IBNIRA leak ICICI Bank Limited | India | 0.82% | 20% | 0.66% | Annually | 14% | 18 | $108.7B | -5.0% |
INGIRA leak ING Group, N.V. | Netherlands | 2.49% | 15% | 2.12% | Semi-Annually | 47% | 27 | $106.0B | +52.7% |
SNYbad in IRA Sanofi | France | 5.46% | 15%rec | 4.64% | Annually | 128% | 15 | $106.0B | -2.4% |
SNYNFbad in IRA Sanofi | France | 4.74% | 15%rec | 4.03% | Annually | 127% | 15 | $100.5B | -9.3% |
GSKIRA ok GSK PLC | United Kingdom | 3.59% | 0% | 3.59% | Quarterly | 57% | 35 | $100.0B | +25.9% |
EQNRbad in IRA Equinor ASA | Norway | 3.64% | 15%rec | 3.09% | Quarterly | 41% | 45 | $99.9B | +75.1% |
ASXIRA leak ASE Technology Holding Co., Ltd. | Taiwan | 1.08% | 21% | 0.85% | Annually | 51% | 33 | $97.7B | +263.8% |
ITUBIRA ok Itau Unibanco Banco Holding SA | Brazil | 6.31% | 0% | 6.31% | Monthly | 74% | 33 | $90.6B | +20.1% |
BCSIRA ok Barclays PLC | United Kingdom | 2.40% | 0% | 2.40% | Semi-Annually | 18% | 29 | $90.6B | +34.3% |
LYGIRA ok Lloyds Banking Group PLC | United Kingdom | 2.76% | 0% | 2.76% | Semi-Annually | 47% | 29 | $88.0B | +38.8% |
NGGIRA ok National Grid Transco, PLC Nati | United Kingdom | 5.58% | 0% | 5.58% | Semi-Annually | 71% | 26 | $78.5B | +15.0% |
DBbad in IRA Deutsche Bank AG | Germany | 2.41% | 15%rec | 2.05% | Annually | 30% | 29 | $77.7B | +17.0% |
Ebad in IRA ENI S.p.A. | Italy | 4.54% | 15%rec | 3.86% | Quarterly | 55% | 47 | $77.1B | +53.7% |
NTESIRA leak NetEase, Inc. | China | 1.60% | 10% | 1.44% | Quarterly | 42% | 24 | $76.4B | -10.4% |
NWGIRA ok NatWest Group PLC | United Kingdom | 3.41% | 0% | 3.41% | Semi-Annually | 44% | 35 | $75.2B | +34.7% |
AMXIRA leak America Movil, S.A.B. de C.V. | Mexico | 2.70% | 10% | 2.43% | Semi-Annually | 35% | 27 | $68.9B | +17.9% |
VALEIRA ok VALE S.A. | Brazil | 3.02% | 0% | 3.02% | Semi-Annually | 159% | 18 | $65.0B | +48.8% |
TAKIRA leak Takeda Pharmaceutical Company Limited | Japan | 3.35% | 10% | 3.02% | Semi-Annually | 80% | 6 | $58.9B | +20.7% |
NXPIIRA leak NXP Semiconductors N.V. | Netherlands | 1.80% | 15% | 1.53% | Quarterly | 35% | 39 | $57.5B | +1.1% |
NOKbad in IRA Nokia Corporation Sponsored ADR | Finland | 1.89% | 15%rec | 1.61% | Quarterly | 118% | 5 | $56.2B | +118.0% |
UMCIRA leak United Microelectronics Corporation | Taiwan | 2.01% | 21% | 1.59% | Annually | 71% | 27 | $52.1B | +201.9% |
UCBJFbad in IRA UCB SA | Belgium | 0.54% | 15%rec | 0.46% | Annually | 13% | 26 | $51.3B | +61.5% |
DEOIRA ok Diageo PLC | United Kingdom | 2.65% | 0% | 2.65% | Semi-Annually | 107% | 8 | $49.6B | -18.7% |
INFYIRA leak Infosys Limited American Depositary Shares | India | 4.41% | 20% | 3.53% | Semi-Annually | 65% | 39 | $47.4B | -29.5% |
ABEVIRA ok Ambev S.A. | Brazil | 1.21% | 0% | 1.21% | Quarterly | 77% | 0 | $46.9B | +37.9% |
STMbad in IRA STMicroelectronics N.V. | Switzerland | 0.70% | 15%rec | 0.59% | Quarterly | 71% | 24 | $46.6B | +97.5% |
BSBRIRA ok Banco Santander Brasil SA | Brazil | 7.01% | 0% | 7.01% | Quarterly | 131% | 15 | $44.6B | +13.7% |
WDSbad in IRA Woodside Energy Group Limited American Depositary Shares, each representing one Ordinary Share | Australia | 4.77% | 15% | 4.05% | Semi-Annually | 70% | 24 | $43.3B | +36.1% |
HMCIRA leak Honda Motor Company, Ltd. | Japan | 3.96% | 10% | 3.56% | Semi-Annually | 55% | 45 | $42.4B | -4.4% |
GFIIRA leak Gold Fields Limited | South Africa | 4.23% | 15%rec | 3.60% | Semi-Annually | 32% | 50 | $42.2B | +41.9% |
HLNIRA ok Haleon plc American Depositary Shares (Each representing two Ordinary Shares) | United Kingdom | 1.31% | 0% | 1.31% | Semi-Annually | 40% | 23 | $42.2B | -2.4% |
IXIRA leak ORIX Corporation American Depositary Shares (each representing One (1) Share of Common Stock) | Japan | 1.89% | 10% | 1.70% | Semi-Annually | 27% | 24 | $41.5B | +53.0% |
FMXIRA leak Fomento Economico Mexicano S.A. | Mexico | 3.80% | 10% | 3.42% | Quarterly | 139% | 21 | $41.0B | +40.9% |
VODIRA ok Vodafone Group PLC | United Kingdom | 3.25% | 0% | 3.25% | Semi-Annually | 101% | 11 | $39.1B | +43.8% |
SHGIRA leak Shinhan Financial Group Co Ltd | South Korea | 2.54% | 15%rec | 2.16% | Quarterly | 25% | 27 | $38.6B | +75.4% |
JDIRA leak JD.com, Inc. | China | 3.58% | 10% | 3.22% | Annually | 68% | 21 | $38.2B | -8.6% |
BBDIRA ok Banco Bradesco S.A. (PN) ADR | Brazil | 8.87% | 0% | 8.87% | Monthly | 73% | 27 | $36.7B | +13.0% |
Ecopetrol S.A. | — | 3.78% | — | — | Annually | 43% | 36 | $35.5B | +90.8% |
PUKIRA ok Prudential Public Limited Compa | United Kingdom | 1.26% | 0% | 1.26% | Semi-Annually | 19% | 23 | $34.4B | +5.0% |
CHTIRA leak Chunghwa Telecom Co., Ltd. | Taiwan | 3.68% | 21% | 2.91% | Annually | 97% | 9 | $34.0B | -0.4% |
BBDOIRA ok Banco Bradesco S.A. (ON) ADR | Brazil | 8.88% | 0% | 8.88% | Monthly | 66% | 27 | $33.6B | +17.4% |
ERICbad in IRA Ericsson American Depositary Shares | Sweden | 3.18% | 15%rec | 2.70% | Semi-Annually | 40% | 45 | $33.0B | +27.2% |
NMRIRA leak Nomura Holdings Inc | Japan | 2.93% | 10% | 2.64% | Semi-Annually | 37% | 36 | $31.1B | +48.7% |
RYAAYIRA ok Ryanair Holdings PLC | Ireland | 1.67% | 0% | 1.67% | Semi-Annually | 24% | 29 | $28.7B | -8.2% |
TSIRA leak Tenaris S.A. | Luxembourg | 4.29% | 15% | 3.65% | Semi-Annually | 48% | 47 | $28.5B | +57.5% |
HXGBYbad in IRA Hexagon AB (publ) | Sweden | 16.18% | 15%rec | 13.75% | Annually | 18% | 20 | $26.2B | +0.8% |
CIBIRA leak Grupo Cibest S.A. | Colombia | 5.40% | 20% | 4.32% | Quarterly | 28% | 15 | $23.8B | +99.0% |
KOFIRA leak Coca-Cola FEMSA, S.A.B. de C.V. | Mexico | 3.95% | 10% | 3.56% | Quarterly | 624% | 21 | $23.5B | +34.2% |
IHGIRA ok InterContinental Hotels Group PLC | United Kingdom | 0.80% | 0% | 0.80% | Semi-Annually | 39% | 21 | $23.5B | +31.0% |
AXIAIRA ok AXIA Energia SA | Brazil | 4.90% | 0% | 4.90% | Quarterly | 55% | 45 | $23.3B | +42.2% |
BCHbad in IRA Banco de Chile | Chile | 5.14% | 35% | 3.34% | Annually | 85% | 21 | $21.4B | +42.3% |
KSPIIRA leak Joint Stock Company Kaspi.kz American Depository Shares | Kazakhstan | 8.26% | 15% | 7.02% | Quarterly | 31% | 27 | $20.4B | +18.1% |
BEKEIRA leak KE Holdings Inc. | China | 1.54% | 10% | 1.39% | Annually | 45% | 6 | $19.8B | -3.5% |
VIVIRA ok Telefonica Brasil S.A. | Brazil | 7.32% | 0% | 7.32% | Monthly | 121% | 17 | $18.6B | -5.4% |
SBSIRA ok Companhia de Saneamento Basico | Brazil | 10.41% | 0% | 10.41% | Annually | 32% | 32 | $18.1B | +18.4% |
WITIRA leak Wipro Limited | India | 2.32% | 20% | 1.86% | Semi-Annually | 88% | 12 | $17.9B | -33.7% |
BSACbad in IRA Banco Santander - Chile | Chile | 4.18% | 35% | 2.72% | Annually | 56% | 45 | $16.8B | +42.6% |
CXIRA leak Cemex, S.A.B. de C.V. Sponsored | Mexico | 1.19% | 10% | 1.07% | Quarterly | 28% | 21 | $15.9B | +19.5% |
ZTOIRA leak ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share | China | 3.72% | 10% | 3.35% | Semi-Annually | 38% | 42 | $15.9B | +15.2% |
LTMbad in IRA LATAM Airlines Group S.A. | Chile | 0.49% | 35% | 0.32% | Semi-Annually | 28% | 21 | $15.1B | +2.1% |
TLKIRA leak PT Telekomunikasi Indonesia, Tb | Indonesia | 8.27% | 15%rec | 7.03% | Annually | 123% | 9 | $14.6B | -22.8% |
HTHTIRA leak H World Group Limited | China | 3.72% | 10% | 3.35% | Semi-Annually | 156% | 18 | $14.1B | +25.8% |
TMEIRA leak Tencent Music Entertainment Group | China | 2.90% | 10% | 2.61% | Annually | 29% | 24 | $13.5B | -66.5% |
EMBJIRA ok Embraer S.A. | Brazil | 0.05% | 0% | 0.05% | Quarterly | 32% | 18 | $13.1B | +21.9% |
HMYIRA leak Harmony Gold Mining Company Limited | South Africa | 3.08% | 15%rec | 2.62% | Semi-Annually | 15% | 30 | $12.7B | +44.7% |
FMSbad in IRA Fresenius Medical Care AG | Germany | 3.85% | 15%rec | 3.27% | Annually | 45% | 33 | $12.1B | -6.8% |
SNNIRA ok Smith & Nephew SNATS, Inc. | United Kingdom | 2.18% | 0% | 2.18% | Semi-Annually | 53% | 32 | $12.0B | -23.3% |
RTOIRA ok Rentokil Initial PLC | United Kingdom | 1.86% | 0% | 1.86% | Semi-Annually | 98% | 5 | $12.0B | -5.3% |
TXIRA leak Ternium S.A. Ternium S.A. | Luxembourg | 4.67% | 15% | 3.97% | Semi-Annually | 61% | 24 | $11.4B | +71.7% |
SUZIRA ok Suzano S.A. | Brazil | 2.33% | 0% | 2.33% | Annually | 18% | 24 | $11.3B | -3.8% |
RDYIRA leak Dr. Reddy's Laboratories Ltd | India | 0.70% | 20% | 0.56% | Annually | 20% | 18 | $10.0B | -15.4% |
GGBIRA ok Gerdau S.A. | Brazil | 3.61% | 0% | 3.61% | Quarterly | 58% | 42 | $9.8B | +61.4% |
PSOIRA ok Pearson, PLC | United Kingdom | 1.37% | 0% | 1.37% | Semi-Annually | 52% | 29 | $9.6B | +11.9% |
EDUIRA leak New Oriental Education and Technology Group, Inc. American Depositary Shares (each representing ten (10) Common Shares) | China | 1.02% | 10% | 0.92% | Annually | 40% | 21 | $9.5B | +22.0% |
KTIRA leak KT Corporation | South Korea | 3.96% | 15%rec | 3.37% | Quarterly | 44% | 39 | $9.4B | -1.7% |
ELPCIRA ok Companhia Paranaense de Energia | Brazil | 5.67% | 0% | 5.67% | Semi-Annually | 103% | 6 | $9.1B | +51.7% |
SBSWIRA leak D/B/A Sibanye-Stillwater Limite | South Africa | 7.68% | 15%rec | 6.53% | Semi-Annually | 27% | 24 | $9.1B | +58.3% |
QGENIRA leak Qiagen N.V. | Netherlands | 0.80% | 15% | 0.68% | Annually | 18% | 21 | $9.0B | -7.6% |
YMMIRA leak Full Truck Alliance Co. Ltd. | China | 3.91% | 10% | 3.52% | Quarterly | 46% | 30 | $9.0B | -34.0% |
TIMBIRA ok TIM S.A. American Depositary Shares (Each representing 5 Common Shares) | Brazil | 3.53% | 0% | 3.53% | Quarterly | 89% | 23 | $8.8B | -11.5% |
SIMOIRA leak Silicon Motion Technology Corporation | Taiwan | 0.84% | 21% | 0.66% | Quarterly | 23% | 27 | $8.7B | +215.7% |
BVNIRA leak Buenaventura Mining Company Inc | Peru | 2.86% | 5% | 2.72% | Annually | 11% | 27 | $8.6B | +71.0% |
CIG.CIRA ok Companhia Energetica De Minas Gerais-CEMIG | Brazil | 2.23% | 0% | 2.23% | Quarterly | — | 28 | $8.6B | +23.8% |
UGPIRA ok Ultrapar Participacoes S.A. (Ne | Brazil | 5.50% | 0% | 5.50% | Semi-Annually | 40% | 42 | $7.8B | +100.5% |
ASRIRA leak Grupo Aeroportuario del Sureste, S.A. de C.V. American Depositary Shares | Mexico | 2.23% | 10% | 2.01% | Annually | 152% | 3 | $7.7B | -23.3% |
GGALIRA leak Grupo Financiero Galicia S.A. | Argentina | 3.77% | 7% | 3.51% | Monthly | 405% | 21 | $7.1B | +10.9% |
AVALIRA leak Grupo Aval Acciones y Valores S.A. | Colombia | 3.08% | 20% | 2.46% | Monthly | 36% | 33 | $6.3B | +61.8% |
VIPSIRA leak Vipshop Holdings Limited | China | 4.73% | 10% | 4.26% | Annually | 20% | 30 | $6.3B | -22.2% |
ENICbad in IRA Enel Chile S.A. | Chile | 7.04% | 35% | 4.58% | Semi-Annually | 47% | 27 | $6.2B | +23.3% |
IFSIRA leak Intercorp Financial Services Inc. | Peru | 3.20% | 5% | 3.04% | Annually | 34% | 33 | $6.2B | +36.8% |
CIGIRA ok Comp En de Mn Cemig | Brazil | 1.81% | 0% | 1.81% | Semi-Annually | 80% | 12 | $6.1B | +4.9% |
TEOIRA leak Telecom Argentina SA | Argentina | 0.36% | 7% | 0.33% | Annually | 3% | 18 | $5.6B | +55.7% |
WPPIRA ok WPP PLC | United Kingdom | 3.87% | 0% | 3.87% | Semi-Annually | 115% | 23 | $5.5B | -5.6% |
GRFSIRA leak Grifols, S.A. | Spain | 1.35% | 15%rec | 1.15% | Annually | 37% | 21 | $5.3B | -21.2% |
BMAIRA leak Banco Macro S.A. | Argentina | 5.74% | 7% | 5.34% | Monthly | 125% | 9 | $5.0B | +35.0% |
OMABIRA leak Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | Mexico | 5.77% | 10% | 5.19% | Semi-Annually | 85% | 9 | $4.8B | -3.4% |
ATATIRA leak Atour Lifestyle Holdings Limited | China | 1.54% | 10% | 1.39% | Annually | 44% | 24 | $4.7B | -11.7% |
TKCIRA leak Turkcell Iletisim Hizmetleri AS | Turkey | 3.46% | 15% | 2.94% | Semi-Annually | 22% | 45 | $4.4B | -8.6% |
PHIbad in IRA PLDT Inc. Sponsored ADR | Philippines | 8.39% | 15%rec | 7.13% | Semi-Annually | 74% | 18 | $3.9B | -7.4% |
JOYYIRA leak JOYY Inc. | China | 8.32% | 10% | 7.49% | Quarterly | 114% | 20 | $3.7B | +20.9% |
VTMXIRA leak Corporacion Inmobiliaria Vesta, | Mexico | 2.33% | 10% | 2.10% | Quarterly | 18% | 29 | $3.2B | +25.2% |
TMRAFbad in IRA Tomra Systems ASA | Norway | 21.44% | 15%rec | 18.22% | Annually | 73% | 11 | $3.1B | -41.9% |
BBARIRA leak Banco BBVA Argentina S.A. | Argentina | 2.82% | 7% | 2.62% | Monthly | 32% | 27 | $3.0B | +18.8% |
MNSOIRA leak MINISO Group Holding Limited | China | 7.83% | 10% | 7.05% | Semi-Annually | 113% | 0 | $2.9B | -60.8% |
PAGSIRA ok PagSeguro Digital Ltd. | Brazil | 11.38% | 0% | 11.38% | Quarterly | 17% | 20 | $2.7B | +5.1% |
ATHMIRA leak Autohome Inc. | China | 6.09% | 10% | 5.48% | Semi-Annually | 212% | 18 | $2.5B | -23.0% |
DRDIRA leak DRDGOLD Limited | South Africa | 5.01% | 15%rec | 4.26% | Semi-Annually | 19% | 30 | $2.5B | +38.5% |
HIMXIRA leak Himax Technologies, Inc. | China | 1.87% | 10% | 1.68% | Annually | 119% | 3 | $2.4B | +64.4% |
CCUbad in IRA Compania Cervecerias Unidas, S. | Chile | 0.43% | 35% | 0.28% | Semi-Annually | 57% | 21 | $2.2B | -3.2% |
RLXIRA leak RLX Technology Inc. | China | 4.93% | 10% | 4.44% | Annually | 103% | 6 | $2.2B | -29.7% |
IMOSIRA leak ChipMOS TECHNOLOGIES INC. | Taiwan | 1.31% | 21% | 1.03% | Annually | 37% | 21 | $2.0B | +237.9% |
FORTYbad in IRA Formula Systems (1985) Ltd. | Israel | 20.22% | 25% | 15.16% | Semi-Annually | 22% | 36 | $2.0B | -1.8% |
OPRAbad in IRA Opera Limited | Norway | 4.33% | 15%rec | 3.68% | Semi-Annually | 87% | 9 | $1.7B | +5.5% |
WBIRA leak Weibo Corporation | China | 9.01% | 10% | 8.11% | Annually | 50% | 27 | $1.7B | -41.8% |
TVIRA leak Grupo Televisa S.A.B. | Mexico | 3.24% | 10% | 2.92% | Semi-Annually | — | 33 | $1.4B | -7.4% |
IRSIRA leak IRSA Inversiones y Representaciones Sociedad Anónima | Argentina | 17.10% | 7% | 15.90% | Semi-Annually | 41% | 15 | $1.3B | +7.8% |
TUYAIRA leak Tuya Inc. | China | 3.19% | 10% | 2.87% | Annually | 104% | 9 | $1.2B | -23.8% |
QFINIRA leak Qfin Holdings, Inc. American Depositary Shares | China | 10.49% | 10% | 9.44% | Semi-Annually | 37% | 20 | $1.1B | -68.7% |
CPACIRA leak Cementos Pacasmayo S.A.A. | Peru | 5.65% | 5% | 5.37% | Annually | 83% | 23 | $1.1B | +87.5% |
CRESYIRA leak Cresud S.A.C.I.F. Y a. | Argentina | 5.15% | 7% | 4.79% | Semi-Annually | 31% | 30 | $856M | +25.4% |
FINVIRA leak FinVolution Group American depositary shares, each representing five Class A ordinary shares | China | 9.33% | 10% | 8.40% | Annually | 28% | 36 | $800M | -56.4% |
GPRKIRA ok Geopark Ltd | Bermuda | 0.77% | 0% | 0.77% | Quarterly | 16% | 30 | $750M | +79.5% |
JKSIRA ok JinkoSolar Holding Company Limi | Hong Kong | 12.19% | 0% | 12.19% | Annually | 389% | 0 | $627M | -50.6% |
NOAHIRA leak Noah Holdings Limited | China | 7.83% | 10% | 7.05% | Annually | 54% | 24 | $579M | -31.9% |
HUYAIRA leak HUYA Inc. | China | 6.44% | 10% | 5.80% | Annually | — | 22 | $484M | -41.6% |
LNDIRA ok Brasilagro Brazilian Agric Real | Brazil | 3.70% | 0% | 3.70% | Annually | 112% | 12 | $378M | -4.1% |
WDHIRA leak Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A Ordinary Shares) | China | 5.88% | 10% | 5.29% | Semi-Annually | 24% | 30 | $366M | -44.0% |
XYFIRA leak X Financial | China | 10.11% | 10% | 9.10% | Semi-Annually | 27% | 20 | $204M | -64.0% |
LXIRA leak LexinFintech Holdings Ltd. American Depositary Shares | China | 44.66% | 10% | 40.19% | Semi-Annually | 45% | 18 | $145M | -85.3% |
GHGIRA leak GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share | China | 5.13% | 10% | 4.62% | Annually | 129% | 9 | $109M | -50.5% |
VIOTIRA leak Viomi Technology Co., Ltd American Depositary Shares | China | 3.92% | 10% | 3.53% | Annually | — | 22 | $90M | -63.3% |
YRDIRA leak Yiren Digital Ltd. | China | 27.16% | 10% | 24.44% | Annually | 507% | 0 | $89M | -82.4% |
JFINIRA leak Jiayin Group Inc. | China | 20.15% | 10% | 18.13% | Semi-Annually | 122% | 0 | $89M | -86.1% |
IHIRA leak iHuman Inc. American depositary shares, each representing five Class A ordinary shares | China | 8.13% | 10% | 7.32% | Annually | — | 16 | $62M | -55.3% |
TOURIRA leak Tuniu Corporation | China | 23.75% | 10% | 21.38% | Annually | 97% | 0 | $55M | -43.7% |
Net yield applies the treaty withholding rate to the current gross yield. “REC” marks countries that withhold above the treaty rate, where the excess is reclaimable. Issuer country is resolved from our own mapping — the exchange feed only records the ADR's listing country. 1 ADRs are still unmapped and show a dash.
Keep going
Both guides go deeper than this table: which reclaim forms actually work, why the foreign tax credit is useless inside an IRA, the Canada–IRA exception, ADR pass-through fees, and when a foreign dividend fails the qualified-dividend test.
Frequently asked
Do I pay foreign tax on ADR dividends?
Usually yes. The issuer's home country withholds tax before the dividend reaches you — 10% for Japan under the treaty, 35% at source for Switzerland (15% treaty rate, reclaimable via Form 82), 26.375% for Germany — while United Kingdom, Brazil, Hong Kong, Ireland, Bermuda withhold nothing. In a US taxable account the foreign tax credit generally offsets what was withheld; inside an IRA it cannot be recovered at all, which is the single biggest mistake investors make with foreign dividend stocks.
Which foreign dividend stocks have no withholding tax?
43 of the 160 ADRs we track come from countries that withhold nothing on dividends — principally the UK, Ireland, Brazil, Singapore and Hong Kong. That makes UK names like Shell, BTI, Unilever and National Grid, and Brazilian names like Petrobras and Vale, unusually efficient for income investors.
What is the difference between gross yield and net yield here?
Gross yield is the headline figure every site quotes. Net yield applies the treaty withholding rate for the issuer country, so it approximates what actually lands in a US taxable account before US tax. A 6% Swiss yield nets 5.1% at the 15% treaty rate — but only 3.9% until the 20% excess above the treaty rate is reclaimed with Form 82, which is why the notes column matters as much as the number.
Why do so many ADRs only pay twice a year?
Most of the world pays an interim and a final dividend rather than four quarterly cheques — 66 of these ADRs pay semi-annually and 51 pay just once a year, versus only 35 that pay quarterly. If you're building a monthly income ladder, foreign payers cluster awkwardly, which is worth planning around.
Are ADR fees charged on top of withholding tax?
Often, yes. Depositary banks charge a custody or pass-through fee, typically $0.01–$0.05 per share per year, deducted from the dividend or billed by your broker. It is small relative to withholding tax but it does mean the true net yield is slightly below the figure shown here.
How often is this list updated?
Nightly, from our own data pipeline, and this page reflects prices as of Sep 3, 2026. Withholding rates are the standard treaty rates and change rarely, but they are general guidance rather than tax advice.
Disclaimer: The information provided on this website/service is for informational purposes only and does not constitute financial, investment, or legal advice. Investing in stocks involves high risk, including the loss of principal. We are not responsible for any financial losses or damages resulting from your reliance on this data. Always consult with a qualified financial professional before making investment decisions.
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