Earn A 10% Yield Off This “Frontier Economy” Stock?

Imagine a hot, arid country where it is 90°F every day.

And now imagine a blue chip beverage company that sells water, juice and soda throughout this scorching hot climate.

That’s Embotelladora Andina ($AKO.B).

Embotelladora Andina bottles and distributes Coca-Cola products in Argentina, Brazil, Chile, and Paraguay. And while the company operates throughout most of Argentina and Chile — as well as Brazil’s more heavily populated states — Embotelladora Andina is the sole Coca-Cola distributor for the entire country of Paraguay.

Unlike Argentina or Brazil, which regularly suffer hyper-inflation and other economic problems, the Paraguayan Guarani is one of the most stable currencies in South America.

And Chile, where Embotelladora Andina is headquartered, is one of the most pro-business economies in the region.

Embotelladora Andina has paid dividends every year since 1997. And because this is an obscure emerging market stock with very little coverage, shares generally trade at an extremely low valuation.

This also means Embotelladora Andina pays a high starting dividend.

At the time of writing, Embotelladora Andina trades for $19.01. And, the stock has an upcoming quarterly dividend…