3 European Dividend Stocks To Consider With Up To 7.7% Yield

As European markets navigate a landscape marked by resilient economic data and geopolitical uncertainties, the pan-European STOXX Europe 600 Index recently experienced a slight downturn of 0.36%. Against this backdrop, dividend stocks can offer investors a source of income stability, particularly when they exhibit strong fundamentals and consistent payout histories.

Top 10 Dividend Stocks In Europe

Name	Dividend Yield	Dividend Rating
Telekom Austria (WBAG:TKA)	4.18%	★★★★★★
Sulzer (SWX:SUN)	3.07%	★★★★★☆
Rubis (ENXTPA:RUI)	6.07%	★★★★★★
Revenio Group Oyj (HLSE:REG1V)	3.09%	★★★★★☆
Naturgy Energy Group (BME:NTGY)	6.12%	★★★★★☆
Hannover Rück (XTRA:HNR1)	4.92%	★★★★★★
Edel SE KGaA (XTRA:EDL)	6.22%	★★★★★★
d'Amico International Shipping (BIT:DIS)	4.83%	★★★★★☆
Cembra Money Bank (SWX:CMBN)	5.33%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	3.56%	★★★★★☆

Click here to see the full list of 189 stocks from our Top European Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

TORM (CPSE:TRMD A)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: TORM plc is a shipping company that owns and operates a fleet of product tankers both in the United Kingdom and internationally, with a market cap of DKK20.09 billion.

Operations: TORM plc generates its revenue primarily from the Tanker Segment, which accounts for $1.40 billion, and the Marine Engineering Segment, contributing $25.70 million.

Dividend Yield: 7.0%

TORM's dividend yield of 6.97% places it among the top 25% of dividend payers in Denmark, but its sustainability is questionable due to a high cash payout ratio of 255%. Despite a reasonable earnings payout ratio of 69.5%, dividends are not well covered by free cash flows. Additionally, the company's dividends have been volatile and unreliable over the past decade, with significant insider selling and share price volatility further complicating its appeal for stable income investors.

• Click here to discover the nuances of TORM with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, TORM's share price might be too pessimistic.

Betsson (OM:BETS B)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Betsson AB (publ) operates in the online gaming industry globally and has a market capitalization of approximately SEK12.62 billion.

Operations: Betsson AB (publ) generates revenue primarily from its Casinos & Resorts segment, which accounts for €1.20 billion.

Dividend Yield: 7.8%

Betsson's dividend yield of 7.8% ranks it in the top 25% of Swedish dividend payers, supported by a reasonable earnings payout ratio of 67.2% and cash payout ratio of 64.9%. However, its dividends have been volatile over the past decade despite growth, raising concerns about reliability. Recent financial results show decreased net income and earnings per share compared to last year, while a €39.8 million share buyback reflects efforts to enhance shareholder value amidst fluctuating profit margins.

• Unlock comprehensive insights into our analysis of Betsson stock in this dividend report.
• In light of our recent valuation report, it seems possible that Betsson is trading behind its estimated value.

Burgenland Holding (WBAG:BHD)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Burgenland Holding Aktiengesellschaft, with a market cap of €258 million, operates through its investment in Burgenland Energie AG to generate, distribute, and sell electricity and natural gas.

Operations: Burgenland Holding Aktiengesellschaft derives its revenue primarily from its investment in Burgenland Energie AG, focusing on the electricity and natural gas sectors.

Dividend Yield: 4.7%

Burgenland Holding's dividend yield of 4.71% places it among the top 25% of Austrian dividend payers, yet its high payout ratio of 100.6% suggests dividends are not well covered by earnings. Despite this, dividends have been stable and reliable over the past decade with consistent growth. The company's recent half-year results showed net income of €11.75 million, slightly down from last year's €11.81 million, while revenue remains negligible at €0.0002 million due to its unique business structure.

• Delve into the full analysis dividend report here for a deeper understanding of Burgenland Holding.
• The valuation report we've compiled suggests that Burgenland Holding's current price could be inflated.

Turning Ideas Into Actions

• Embark on your investment journey to our 189 Top European Dividend Stocks selection here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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Ready To Venture Into Other Investment Styles?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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