The European market has shown resilience, with the pan-European STOXX Europe 600 Index ending higher after two weeks of losses, driven by hopes of increased government spending despite concerns over U.S. tariffs. In this environment of mixed economic signals and cautious central bank policies, dividend stocks can offer a stable income stream for investors seeking reliable returns amidst uncertainty.

Top 10 Dividend Stocks In Europe

Click here to see the full list of 243 stocks from our Top European Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Sonae SGPS

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

Overview: Sonae SGPS operates in retail, financial services, technology, shopping centers, and telecommunications with a market cap of €2.05 billion.

Operations: Sonae SGPS generates revenue from various segments, with its primary contributions coming from MC at €7.60 billion and Worten at €1.40 billion.

Dividend Yield: 5.6%

Sonae SGPS offers a stable and reliable dividend, with payments consistently growing over the past decade. The dividend is well-covered by both earnings and cash flows, with payout ratios of 28.9% and 27.5%, respectively. While its 5.59% yield is slightly below the top tier in Portugal, it remains attractive due to its stability and growth history. Trading at a favorable P/E ratio of 9.2x compared to the Portuguese market's 11.6x enhances its value proposition for investors seeking dividends.

• Click here to discover the nuances of Sonae SGPS with our detailed analytical dividend report.

• Our valuation report here indicates Sonae SGPS may be undervalued.

Rubis

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

Overview: Rubis operates bulk liquid storage facilities for commercial and industrial customers across Europe, Africa, and the Caribbean, with a market cap of €2.76 billion.

Operations: Rubis generates revenue from its operations in bulk liquid storage facilities serving commercial and industrial clients across Europe, Africa, and the Caribbean.

Dividend Yield: 7.6%

Rubis offers a high and reliable dividend yield of 7.59%, ranking in the top 25% of French market payers, with stable payments over the past decade. The payout is sustainable, covered by earnings (61.5%) and cash flows (50.2%). Despite a forecasted decline in earnings, Rubis has increased its dividend for 29 consecutive years, recently proposing €2.03 per share for fiscal year 2024. The company is pursuing M&A opportunities with proceeds from asset disposals to support future growth initiatives in low-carbon electricity production amidst evolving market dynamics.