These Five Income Stocks Will Gain From Sterling Weakness: GlaxoSmithKline plc (ADR) (GSK), AstraZeneca plc (ADR) (AZN)

4. National Grid plc (ADR) (NYSE:NGG)
Yielding 5.6%, National Grid is the monopoly owner of the country’s high-voltage network and high-pressure gas system. But nearly 60% of its revenues come from the U.S., where it’s the largest power producer in New York state and has large gas and electricity distribution businesses in the northeastern U.S.

A regulatory agreement for the next seven years has just been reached in the U.K. As a result, the company expects to set out its future dividend policy within the next two months.

5. Royal Dutch Shell plc (ADR) (NYSE:RDS.A)
Shell‘s revenues are global, but sales are mostly priced in dollars. More importantly, the company declares its dividends in dollars, and its policy is to target long-term growth in the dollar payout.

Shell suffered a setback recently, with its Arctic drilling program put on hold, and it’s paid the price of the U.S. shale gas glut. But it has widely geographically diversified operations — and in the long run its big move into natural gas should pay off — so the 5% yield looks safe.

The article These Five Income Stocks Will Gain From Sterling Weakness originally appeared on Fool.com.

Fool contributor Tony Reading owns all five shares mentioned in this article. The Motley Fool recommends GlaxoSmithKline.

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