3 European Dividend Stocks Yielding Up To 6.5%

Simply Wall St

As European markets experience a positive upswing, with the pan-European STOXX Europe 600 Index rising by 3.44% amid easing tariff concerns, investors are increasingly looking towards dividend stocks as a potential source of steady income. In this environment, selecting dividend stocks that offer robust yields and demonstrate resilience in economic fluctuations can be an effective strategy for those seeking to enhance their portfolios while navigating the current market dynamics.

Top 10 Dividend Stocks In Europe

NameDividend YieldDividend Rating
Julius Bär Gruppe (SWX:BAER)4.73%★★★★★★
Zurich Insurance Group (SWX:ZURN)4.37%★★★★★★
Bredband2 i Skandinavien (OM:BRE2)4.48%★★★★★★
HEXPOL (OM:HPOL B)4.89%★★★★★★
Deutsche Post (XTRA:DHL)4.85%★★★★★★
S.N. Nuclearelectrica (BVB:SNN)9.29%★★★★★★
Cembra Money Bank (SWX:CMBN)4.25%★★★★★★
Rubis (ENXTPA:RUI)7.06%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.36%★★★★★★
CaixaBank (BME:CABK)8.33%★★★★★☆

Click here to see the full list of 237 stocks from our Top European Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Tryg (CPSE:TRYG)

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

Overview: Tryg A/S, with a market cap of DKK96.71 billion, offers insurance products and services to private, corporate, and small to medium-sized businesses across Denmark, Sweden, the United Kingdom, and Norway.

Operations: Tryg A/S generates revenue primarily from its Private (Including Sweden) segment with DKK26.35 billion and its Commercial segment with DKK9.58 billion.

Dividend Yield: 5.1%

Tryg A/S recently announced a dividend of DKK 2.05 per share for the first quarter, reflecting its position as a top-tier dividend payer in Denmark with a yield of 5.09%. Despite this, the dividend is not well covered by earnings due to a high payout ratio of 95.4%, though it is supported by cash flows with a cash payout ratio of 65.1%. Earnings grew significantly by DKK 342 million year-on-year, but dividends have been historically volatile and unreliable over the past decade.

CPSE:TRYG Dividend History as at May 2025

SpareBank 1 Nord-Norge (OB:NONG)

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

Overview: SpareBank 1 Nord-Norge offers banking services in Northern Norway and has a market cap of NOK14.45 billion.

Operations: SpareBank 1 Nord-Norge generates revenue from several segments, including Retail Market (NOK2.51 billion), Corporate Banking (Excluding SMB) (NOK1.71 billion), Eiendoms-Megler 1 Nord-Norge (NOK227 million), Sparebank 1 Finans Nord-Norge (NOK344 million), and Sparebank 1 Regnskaps-Huset Nord-Norge (NOK334 million).

Dividend Yield: 6.1%

SpareBank 1 Nord-Norge recently proposed a cash dividend of NOK 8.75 per share, supported by strong earnings growth with net income reaching NOK 3.63 billion for 2024. The bank's dividends have been reliable and steadily increasing over the past decade, with a sustainable payout ratio currently at 53.7%. However, its dividend yield of 6.08% is lower than Norway's top-tier payers, and it faces challenges with a high level of bad loans at 2.6%.

OB:NONG Dividend History as at May 2025

BioGaia (OM:BIOG B)

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

Overview: BioGaia AB (publ) is a healthcare company that offers probiotic products globally, with a market capitalization of approximately SEK10.66 billion.

Operations: BioGaia AB (publ) generates revenue primarily from its Pediatrics segment, which accounts for SEK1.09 billion, and the Adult Health segment, contributing SEK321.29 million.

Dividend Yield: 6.5%

BioGaia's dividend yield ranks in the top 25% of Swedish payers, yet its high cash payout ratio suggests dividends aren't well covered by free cash flows. Despite a proposed SEK 1.95 per share dividend increase and an extra SEK 4.95 per share, historical volatility raises sustainability concerns. Recent earnings growth supports coverage with a reasonable payout ratio of 56.1%. A recent M&A transaction involves significant stake acquisitions, potentially impacting future shareholder dynamics and dividend policies.

OM:BIOG B Dividend History as at May 2025

Turning Ideas Into Actions

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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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