Many U.S. investors are finding passive income in foreign stocks. Read about ADR dividend investing and how you can find opportunities to invest offshore without opening an account abroad.

However, several U.S. banks can issue these un-sponsored ADRs directly and the dividend offers may consequently vary. There are three different levels of ADRs: Level 1, Level 2 and Level 3.

Under the Level II program, the ADRs are based on NOVONIX’s ordinary shares currently on issue. Each ADR represents four (4) fully paid shares of NOVONIX.