Top European Dividend Stocks To Consider In December 2025

As European markets experience a boost from steady economic growth and looser monetary policy, the pan-European STOXX Europe 600 Index has ended the week 1.60% higher, with major stock indexes also showing gains. In this environment of cautious optimism, dividend stocks can offer investors a reliable income stream and potential for capital appreciation, making them an attractive option in today's market conditions.

Top 10 Dividend Stocks In Europe

Name	Dividend Yield	Dividend Rating
Zurich Insurance Group (SWX:ZURN)	4.07%	★★★★★★
Telekom Austria (WBAG:TKA)	4.51%	★★★★★★
Holcim (SWX:HOLN)	4.00%	★★★★★★
HEXPOL (OM:HPOL B)	4.87%	★★★★★★
freenet (XTRA:FNTN)	6.32%	★★★★★☆
Evolution (OM:EVO)	4.88%	★★★★★★
DKSH Holding (SWX:DKSH)	4.14%	★★★★★★
d'Amico International Shipping (BIT:DIS)	10.12%	★★★★★☆
Cembra Money Bank (SWX:CMBN)	4.30%	★★★★★★
Bravida Holding (OM:BRAV)	4.22%	★★★★★★

Click here to see the full list of 196 stocks from our Top European Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Tryg (CPSE:TRYG)

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

Overview: Tryg A/S, along with its subsidiaries, offers insurance products and services to private individuals, corporate clients, and small to medium-sized businesses across Denmark, Sweden, the United Kingdom, and Norway with a market cap of DKK99.34 billion.

Operations: Tryg A/S generates revenue from its segments with DKK27.06 billion from Private (Including Sweden) and DKK9.83 billion from Commercial insurance products and services.

Dividend Yield: 5%

Tryg's dividend yield is among the top 25% in Denmark, yet its sustainability is questionable due to a high payout ratio of 101.6%, indicating dividends are not well covered by earnings. Despite this, cash flows reasonably cover dividends with a 60.9% cash payout ratio. Recent leadership changes and consistent earnings growth highlight resilience, though historical volatility in dividend payments raises concerns about reliability for long-term investors seeking stable income streams.

• Take a closer look at Tryg's potential here in our dividend report.
• Our expertly prepared valuation report Tryg implies its share price may be lower than expected.

Cheffelo (OM:CHEF)

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

Overview: Cheffelo AB (publ) operates in the supply and delivery of meal kits to customers in Sweden, Norway, and Denmark, with a market cap of SEK1.07 billion.

Operations: Cheffelo AB (publ) generates revenue of SEK1.16 billion from its online retailers segment.

Dividend Yield: 4%

Cheffelo's dividend yield ranks in the top 25% of Swedish stocks, supported by a payout ratio of 81%, indicating earnings coverage. Cash flows also cover dividends with a cash payout ratio of 42.9%. However, Cheffelo's dividends have been volatile over its four-year history and are deemed unreliable. Despite recent earnings growth and improved financial performance, the company's unstable dividend track record may concern investors seeking consistent income.

• Get an in-depth perspective on Cheffelo's performance by reading our dividend report here.
• Our valuation report unveils the possibility Cheffelo's shares may be trading at a discount.

St. Galler Kantonalbank (SWX:SGKN)

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

Overview: St. Galler Kantonalbank AG is a cantonal bank offering banking products and services to local residents and small to medium-sized businesses in the Cantons of St. Gallen, with a market cap of CHF3.41 billion.

Operations: St. Galler Kantonalbank AG generates revenue through its provision of banking products and services to individuals and SMEs in the Cantons of St. Gallen.

Dividend Yield: 3.3%

St. Galler Kantonalbank offers a stable dividend profile with a 3.33% yield, although it falls short of the top tier in the Swiss market. The bank's dividends are reliably covered by earnings, supported by a sustainable payout ratio of 52.9%, with future coverage projected at 51.3%. Over the past decade, dividend payments have increased without volatility, reflecting consistency despite being below fair value estimates and having a low allowance for bad loans at 54%.

• Unlock comprehensive insights into our analysis of St. Galler Kantonalbank stock in this dividend report.
• Our expertly prepared valuation report St. Galler Kantonalbank implies its share price may be too high.

Summing It All Up

• Explore the 196 names from our Top European Dividend Stocks screener here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Curious About Other Options?

• 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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