As European markets navigate a landscape marked by easing inflation and the potential for interest rate cuts, investors are closely monitoring opportunities in dividend stocks. In such an environment, stocks that offer consistent dividend payouts can provide a measure of stability and income, making them appealing to those looking to balance growth with reliable returns.
Name | Dividend Yield | Dividend Rating |
Bredband2 i Skandinavien (OM:BRE2) | 4.29% | ★★★★★★ |
Julius Bär Gruppe (SWX:BAER) | 4.82% | ★★★★★★ |
Allianz (XTRA:ALV) | 4.39% | ★★★★★★ |
Zurich Insurance Group (SWX:ZURN) | 4.37% | ★★★★★★ |
Rubis (ENXTPA:RUI) | 6.98% | ★★★★★★ |
Cembra Money Bank (SWX:CMBN) | 4.18% | ★★★★★★ |
St. Galler Kantonalbank (SWX:SGKN) | 3.91% | ★★★★★★ |
HEXPOL (OM:HPOL B) | 4.79% | ★★★★★★ |
OVB Holding (XTRA:O4B) | 4.35% | ★★★★★★ |
Banque Cantonale Vaudoise (SWX:BCVN) | 4.61% | ★★★★★★ |
Click here to see the full list of 238 stocks from our Top European Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tenaris S.A. is a global manufacturer and supplier of steel pipe products and related services for the energy industry and other industrial applications, with a market cap of €16.62 billion.
Operations: Tenaris generates its revenue primarily from its Tubes segment, which accounted for $11.38 billion.
Dividend Yield: 4.7%
Tenaris offers a mixed dividend profile with payments well covered by earnings and cash flows, evidenced by payout ratios of 50.9% and 42.5%, respectively. Despite a recent dividend increase to US$0.83 per share, its yield is lower than the top tier in Italy, and its track record remains volatile over the past decade. Recent financials show declining earnings, but strategic buybacks totaling US$1.89 billion may support shareholder value amidst capital restructuring efforts.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Fleury Michon SA produces and sells food products in France and internationally, with a market cap of €109.87 million.
Operations: Fleury Michon's revenue is primarily derived from its Division GMS France segment at €677.94 million and its International Division at €100.62 million.
Dividend Yield: 5.1%
Fleury Michon's dividend profile shows potential, with a recent increase to €1.33 per share and strong coverage by earnings (41.6% payout ratio) and cash flows (23.6% cash payout ratio). However, its dividends have been volatile over the past decade, lacking reliability despite a low price-to-earnings ratio of 8.2x compared to the French market average of 15.5x. Recent financials highlight improved net income (€47.8 million), yet sales declined slightly to €807 million from €836.2 million last year.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sparebanken Møre, with a market cap of NOK5.30 billion, offers banking services to both retail and corporate customers in Norway through its subsidiaries.
Operations: Sparebanken Møre generates its revenue primarily from retail banking (NOK1.06 billion), corporate banking (NOK877 million), and real estate brokerage (NOK51 million) segments in Norway.
Dividend Yield: 5.9%
Sparebanken Møre's dividend profile is mixed, with recent earnings showing a decline in net income to NOK 232 million. Despite trading 37.5% below estimated fair value and having a sustainable payout ratio of 63.3%, its dividends have been volatile over the past decade, lacking reliability. Future dividends are expected to remain covered by earnings, though its low allowance for bad loans (64%) and lower-than-top-tier yield (5.85%) may concern investors seeking stability.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com