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As the pan-European STOXX Europe 600 Index continues its longest streak of weekly gains since August 2012, driven by encouraging company results and defense stock performance, investors are navigating a mixed economic landscape marked by varied inflation rates and economic contractions in major economies like Germany and France. In such an environment, dividend stocks can offer a degree of stability and income potential, making them an attractive consideration for those looking to balance growth with reliable returns amidst ongoing market uncertainties.
Top 10 Dividend Stocks In Europe
Name | Dividend Yield | Dividend Rating |
Zurich Insurance Group (SWX:ZURN) | 4.23% | ★★★★★★ |
Julius Bär Gruppe (SWX:BAER) | 4.22% | ★★★★★★ |
Mapfre (BME:MAP) | 5.82% | ★★★★★★ |
Bredband2 i Skandinavien (OM:BRE2) | 4.84% | ★★★★★★ |
Rubis (ENXTPA:RUI) | 7.49% | ★★★★★★ |
Vaudoise Assurances Holding (SWX:VAHN) | 4.33% | ★★★★★★ |
Cembra Money Bank (SWX:CMBN) | 4.36% | ★★★★★★ |
Banque Cantonale Vaudoise (SWX:BCVN) | 4.53% | ★★★★★★ |
Thermador Groupe (ENXTPA:THEP) | 3.17% | ★★★★★☆ |
Telekom Austria (WBAG:TKA) | 4.69% | ★★★★★☆ |
Click here to see the full list of 221 stocks from our Top European Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
RCS MediaGroup
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: RCS MediaGroup S.p.A. is engaged in providing multimedia publishing services both in Italy and internationally, with a market cap of €453.56 million.
Operations: RCS MediaGroup S.p.A. generates revenue through its segments of Magazines Italy (€65.20 million), Italy Newspapers (€371 million), Unidad Editorial (€220.60 million), and Advertising and Sport (€286.10 million).
Dividend Yield: 6.8%
RCS MediaGroup's dividend payments are well-supported by both earnings and cash flows, with a payout ratio of 58.6% and a cash payout ratio of 34.3%. Despite being in the top quartile for dividend yield in Italy, RCS has an unstable dividend track record with payments over six years marked by volatility and unreliability. The stock trades significantly below its estimated fair value, offering potential appeal to value-focused investors.
Texaf
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Texaf S.A. develops, owns, and leases real estate properties in Kinshasa with a market cap of €126.13 million.
Operations: Texaf S.A.'s revenue is primarily derived from its Real Estate segment (€24.26 million), supplemented by its Carrigres operations (€6.30 million) and a smaller contribution from Digital activities (€0.03 million).