Best European Dividend Stocks - For Big Profits in 2024

Investing in European dividend stocks offers a compelling opportunity for investors seeking both income and stability from some of the world’s most established companies. Europe is home to a diverse range of industries, from energy and pharmaceuticals to consumer goods and technology, making it a key global player in the financial markets. European companies, such as Royal Dutch Shell, Unilever, and Nestlé, are renowned for their consistent dividend payouts, offering attractive returns for income-focused investors. Europe’s economic strength, regulatory environment, and established markets make it an interesting region to invest in, especially for those looking to diversify their portfolios. Furthermore, many European companies are leaders in sustainability and innovation, positioning them for long-term growth in the global marketplace. Below is a list of top European dividend stocks that can provide both stability and solid returns for your portfolio.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Shell4.07%47.67%11.58%1.15%0.10%-8.03%-3.57%
BP5.65%66.49%11.86%1.30%0.11%-7.33%-2.73%
TotalEnergies5.17%35.71%7.21%1.31%0.18%1.19%-0.11%
GSK3.06%58.39%29.62%8.31%0.29%-4.37%-3.27%
AstraZeneca1.91%69.29%37.22%6.07%0.17%0.42%-6.50%
HSBC9.16%0.00%7.19%1.01%0.13%0.62%0.92%
Vodafone9.22%310.07%244.59%3.99%0.02%-11.34%-5.14%
Anheuser-Busch InBev/NV1.00%38.05%15.27%1.65%0.10%-24.22%-12.22%
UBS3.21%123.66%63.60%1.39%0.02%0.00%0.00%
BHP5.16%97.14%18.25%3.20%0.18%15.32%4.22%
Rio Tinto6.64%63.95%9.98%1.93%0.20%5.54%8.49%
British American Tobacco10.90%-28.20%-2.62%1.11%-0.43%0.63%-4.26%
National Grid4.28%75.02%83.63%6.41%0.08%2.51%0.19%
Diageo3.02%82.16%20.03%7.59%0.43%2.76%3.02%
Unilever2.98%64.35%21.74%7.11%0.35%0.22%2.84%
Nestlé5.99%69.76%19.89%6.78%0.33%6.70%4.23%
Novartis6.61%47.13%14.37%5.57%0.39%5.40%4.35%
Siemens0.14%0.00%104.92%18.51%0.18%23.36%12.79%
Allianz5.47%0.00%1.26%0.23%0.17%6.96%8.87%
SAP1.03%96.76%94.65%6.03%0.06%6.69%7.92%
L'Oréal1.86%56.06%29.07%6.36%0.22%8.68%11.09%
Sanofi3.00%59.74%15.65%1.70%0.11%12.94%-11.90%
ASML0.92%35.02%37.91%16.26%0.48%29.40%24.33%
Barclays4.23%0.00%31.05%2.52%0.08%9.63%0.13%
Prudential2.46%64.04%26.91%1.45%0.05%-21.72%-8.40%
Bayer0.33%-9.48%-5.05%0.18%-0.04%-10.74%-14.18%
Eni7.85%76.55%22.91%1.84%0.08%5.32%-4.70%
Telefónica7.77%-319.61%-36.56%1.83%-0.03%-6.50%-3.54%
Bancontander3.50%0.00%5.94%0.74%0.13%-7.78%-14.82%