3 European Dividend Stocks With Up To 6.9% Yield

European markets have recently faced challenges, with the pan-European STOXX Europe 600 Index ending lower due to new U.S. trade tariffs, despite starting the week on a positive note driven by encouraging economic updates and geopolitical news. In such an environment, dividend stocks can offer investors a measure of stability and potential income, making them an attractive option for those looking to navigate market volatility while seeking consistent returns.

Top 10 Dividend Stocks In Europe

Click here to see the full list of 232 stocks from our Top European Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Cembre (BIT:CMB)

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

Overview: Cembre S.p.A. manufactures and sells electrical connectors, cable accessories, and related tools in Italy, Europe, and internationally with a market cap of €776.04 million.

Operations: Cembre S.p.A.'s revenue segment is primarily composed of Electric Connectors and Related Tools, generating €229.71 million.

Dividend Yield: 4.1%

Cembre S.p.A. recently announced an annual dividend of €1.88 per share, highlighting its commitment to returning value to shareholders. Although dividends have been stable and growing over the past decade, the current yield of 4.07% is lower than Italy's top-tier payers. Despite a reasonable payout ratio of 74.3%, high cash payout ratios suggest dividends are not well covered by free cash flows, raising sustainability concerns despite consistent earnings growth and reliability in payouts over time.

• Unlock comprehensive insights into our analysis of Cembre stock in this dividend report.
• The valuation report we've compiled suggests that Cembre's current price could be inflated.

Fluxys Belgium (ENXTBR:FLUX)

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

Overview: Fluxys Belgium SA is an infrastructure company that focuses on the transmission and storage of natural gas in Belgium, with a market cap of €1.42 billion.

Operations: Fluxys Belgium SA generates revenue primarily through its natural gas transmission and storage operations in Belgium.

Dividend Yield: 6.9%

Fluxys Belgium plans a gross dividend of €1.40 per share for 2024, payable on May 21, 2025. Despite consistent and growing dividends over the past decade, its current yield of 6.93% falls short of Belgium's top-tier payers. The high payout ratio (117.1%) indicates dividends aren't well covered by earnings, though cash flows offer better coverage with a cash payout ratio of 49.4%. Recent earnings growth supports stability but raises sustainability concerns due to coverage issues.

• Click here to discover the nuances of Fluxys Belgium with our detailed analytical dividend report.
• According our valuation report, there's an indication that Fluxys Belgium's share price might be on the expensive side.

Exacompta Clairefontaine (ENXTPA:ALEXA)

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

Overview: Exacompta Clairefontaine S.A. is involved in the production, finishing, and formatting of papers across France, Europe, and internationally with a market cap of €181.04 million.

Operations: Exacompta Clairefontaine S.A.'s revenue is primarily derived from two segments: Paper, contributing €354.56 million, and Conversion, contributing €597.58 million.

Dividend Yield: 4.2%

Exacompta Clairefontaine offers a reliable dividend history with stable and growing payments over the past decade. Its current yield of 4.19% is below the top tier in France, yet dividends are well covered by earnings given a low payout ratio of 35.4%. Despite trading significantly below estimated fair value, profit margins have declined from last year. Insufficient data limits assessment of cash flow coverage for dividends, though historical reliability remains strong.

• Get an in-depth perspective on Exacompta Clairefontaine's performance by reading our dividend report here.
• Upon reviewing our latest valuation report, Exacompta Clairefontaine's share price might be too pessimistic.

Turning Ideas Into Actions

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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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