So I was looking at maybe buying something new for my portfolio and realized that Dominos Pizza has 2 listings, one on the NYSE (DPZ) , the other on the London Stock Exchange (DOM.L), but despite being the same company, they seem to be entirely different.
I know some companies are on other countries' markets, ie Apple, Amazon and Tesla are on the German markets but the performance charts and dividends seem to follow the US charts very closely.
NYSE Dominos' Pizza is valued at $330 a share, a dividend yield of 1.47%, P/E ratio of 25. Down 15.48% in last year
LSE's Dominos Pizza is valued at £2.85 per share (285 gbx/ $3.53), has a higher dividend yield (3.53%), P/E ratio of 15 & is down 25.88% in past year.
What's the deal with Dominos' Pizza being too different? As said if you look at say, Apple on NASDAQ vs Boerse Xetra (German) it's nearly 1:1 in everything.
As a UK investor, wouldn't it make more sense to buy the LSE listing (if I decide to) for a higher yield, no withheld tax and no FX fees?
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