Top European Dividend Stocks To Watch In May 2025

As European markets experience a positive shift, with the STOXX Europe 600 Index climbing 2.10% amid easing U.S.-China trade tensions, investors are increasingly turning their attention to dividend stocks as a potential source of stability and income. In this environment, selecting stocks that not only offer attractive yields but also demonstrate strong financial health and consistent payout histories can be crucial for those looking to capitalize on Europe's economic momentum.

Top 10 Dividend Stocks In Europe

Click here to see the full list of 230 stocks from our Top European Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Engie (ENXTPA:ENGI)

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

Overview: Engie SA is an energy company involved in renewables, decentralized low-carbon energy networks, and energy services across various regions worldwide, with a market cap of €45.64 billion.

Operations: Engie's revenue segments include Retail (€14.48 billion), Nuclear (€3.73 billion), Flex Gen (€6.33 billion), Networks (€8.28 billion), Renewables (€5.64 billion), and Energy Solutions (€10.13 billion).

Dividend Yield: 7.9%

Engie SA offers a compelling dividend yield of 7.87%, placing it in the top 25% of French dividend payers, yet its high cash payout ratio (95.5%) raises concerns about sustainability. Despite earnings growth and trading at a good value relative to peers, Engie's dividends have been volatile over the past decade. Recent guidance confirms strong net recurring income for 2025 between €4.4 billion and €5 billion, supporting potential future payouts despite existing debt levels.

• Click to explore a detailed breakdown of our findings in Engie's dividend report.
• The analysis detailed in our Engie valuation report hints at an deflated share price compared to its estimated value.

Roche Bobois (ENXTPA:RBO)

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

Overview: Roche Bobois S.A. is involved in the design and distribution of furniture globally, with a market cap of €395.51 million.

Operations: Roche Bobois S.A. generates revenue through its global operations in furniture design and distribution.

Dividend Yield: 5.8%

Roche Bobois offers a dividend yield of 5.75%, ranking in the top 25% of French dividend payers, with payments covered by earnings and cash flows (payout ratios at 63.1% and 52.2%, respectively). However, its dividends have been volatile over the past six years, reflecting an unstable track record. Recent financial results show a decrease in revenue to €413.98 million and net income to €15.6 million for 2024, highlighting potential challenges for future payouts.

• Click here to discover the nuances of Roche Bobois with our detailed analytical dividend report.
• Our comprehensive valuation report raises the possibility that Roche Bobois is priced lower than what may be justified by its financials.

Orkla (OB:ORK)

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

Overview: Orkla ASA is an industrial investment company focusing on brands and consumer-oriented businesses across Norway, Sweden, Denmark, Finland, Iceland, the Baltics, Europe, and internationally with a market cap of NOK114.14 billion.

Operations: Orkla ASA's revenue segments include Orkla Foods (NOK20.49 billion), Orkla India (NOK3.12 billion), Orkla Health (NOK7.44 billion), Orkla Snacks (NOK9.85 billion), Orkla House Care (NOK1.67 billion), Orkla Food Ingredients (NOK19.75 billion), Orkla Home & Personal Care (NOK2.74 billion), The European Pizza Company (NOK3.04 billion), and the Health and Sports Nutrition Group (NOK1.27 billion).

Dividend Yield: 8.7%

Orkla ASA's dividend profile is marked by consistent growth over the past decade, with recent approvals for a special dividend of NOK 6.00 per share and an ordinary dividend of NOK 4.00 per share for 2024. Despite stable historical payouts, the current high cash payout ratio of 135.9% suggests dividends are not well covered by free cash flows, raising sustainability concerns. Recent earnings growth to NOK 1,793 million supports coverage by earnings but doesn't alleviate cash flow pressures entirely.

• Click here and access our complete dividend analysis report to understand the dynamics of Orkla.
• Our valuation report unveils the possibility Orkla's shares may be trading at a premium.

Seize The Opportunity

• Unlock more gems! Our Top European Dividend Stocks screener has unearthed 227 more companies for you to explore.Click here to unveil our expertly curated list of 230 Top European Dividend Stocks.
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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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