As European markets experience a lift from hopes of lower U.S. borrowing costs, with the STOXX Europe 600 Index rising by 1.40%, investors are increasingly turning their attention to dividend stocks as a potential source of stable returns amidst fluctuating economic conditions. In this environment, selecting dividend stocks with strong fundamentals and consistent payout histories can be an effective strategy for those seeking income and stability in their investment portfolios.
Top 10 Dividend Stocks In Europe
| Name | Dividend Yield | Dividend Rating |
| Zurich Insurance Group (SWX:ZURN) | 4.24% | ★★★★★★ |
| Rubis (ENXTPA:RUI) | 7.05% | ★★★★★★ |
| Les Docks des Pétroles d'Ambès -SA (ENXTPA:DPAM) | 5.26% | ★★★★★★ |
| Holcim (SWX:HOLN) | 4.65% | ★★★★★★ |
| HEXPOL (OM:HPOL B) | 4.92% | ★★★★★★ |
| DKSH Holding (SWX:DKSH) | 4.02% | ★★★★★★ |
| Cembra Money Bank (SWX:CMBN) | 4.58% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.58% | ★★★★★☆ |
| Banca Popolare di Sondrio (BIT:BPSO) | 6.23% | ★★★★★☆ |
| Afry (OM:AFRY) | 3.89% | ★★★★★☆ |
Click here to see the full list of 211 stocks from our Top European Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Zignago Vetro (BIT:ZV)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Zignago Vetro S.p.A., along with its subsidiaries, produces, markets, and sells hollow glass containers in Italy, Europe, and internationally with a market cap of €752.90 million.
Operations: Zignago Vetro's revenue is primarily derived from its segments, with Zignago Vetro SpA contributing €325.67 million, Zignago Vetro Polska S.A. €80.10 million, Zignago Vetro Brosse SAS €52.41 million, Vetro Revet Srl €13.30 million, Zignago Glass USA Inc. €4.50 million, and Italian Glass Moulds Srl €4.09 million after adjustments of -€41.61 million for consolidation purposes.
Dividend Yield: 5.3%
Zignago Vetro's dividend payments have been volatile and unreliable over the past decade, with a high payout ratio of 115.6%, indicating dividends are not well covered by earnings. Despite trading at 28.4% below its estimated fair value, recent earnings results showed a decline in net income to €8.81 million from €26.3 million year-on-year, raising concerns about dividend sustainability despite being in the top tier of Italian market yields at 5.28%.
- Click to explore a detailed breakdown of our findings in Zignago Vetro's dividend report.
- Insights from our recent valuation report point to the potential undervaluation of Zignago Vetro shares in the market.
Les Docks des Pétroles d'Ambès -SA (ENXTPA:DPAM)
Simply Wall St Dividend Rating: ★★★★★★
Overview: Les Docks des Pétroles d'Ambès -SA is involved in the storage and shipping of petroleum products in France, with a market cap of €94.87 million.
Operations: The company's revenue is primarily derived from its pipelines segment, amounting to €22.00 million.
Dividend Yield: 5.3%
Les Docks des Pétroles d'Ambès offers a stable and attractive dividend yield of 5.26%, ranking in the top 25% of French market payers. Dividends are well-covered by earnings, with an 81.3% payout ratio, and cash flows at a 57.2% cash payout ratio, ensuring sustainability. The company's dividends have been reliable and growing over the past decade, supported by recent earnings growth of 42.8%, while trading at a significant discount to its estimated fair value.
- Get an in-depth perspective on Les Docks des Pétroles d'Ambès -SA's performance by reading our dividend report here.
- Upon reviewing our latest valuation report, Les Docks des Pétroles d'Ambès -SA's share price might be too pessimistic.
Banque Cantonale Vaudoise (SWX:BCVN)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Banque Cantonale Vaudoise provides a range of financial services in Vaud Canton, Switzerland, the European Union, North America, and internationally with a market cap of CHF8.25 billion.
Operations: Banque Cantonale Vaudoise generates revenue through several key segments, including Trading (CHF64.10 million), Retail Banking (CHF292.60 million), Corporate Center (CHF43.60 million), Corporate Banking (CHF278.20 million), and Wealth Management (CHF475.60 million).
Dividend Yield: 4.6%
Banque Cantonale Vaudoise's dividend yield of 4.58% places it among the top 25% in Switzerland, with a decade-long history of stable and growing payouts. However, its current payout ratio of 85.8% suggests dividends are covered by earnings now but may not be sustainable long-term, as future coverage is forecast at 91.4%. Recent earnings showed a decline in net interest income to CHF 265.1 million, highlighting potential pressure on future dividend sustainability.
- Dive into the specifics of Banque Cantonale Vaudoise here with our thorough dividend report.
- Insights from our recent valuation report point to the potential overvaluation of Banque Cantonale Vaudoise shares in the market.
Seize The Opportunity
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Looking For Alternative Opportunities?
- 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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