Good euro dividend stocks

Carnegie

Can anyone recommend high dividend stocks (5%+ ideally) in the eurozone? I'm considering buying AXA and Banco Santander, but looking for more ideas.

Mort5000

I usually compare details from Top Yields and Dividend Investor when looking for dividend shares.

A couple of ETFs are bubbling above 5%.

moon_man

Carnegie wrote: »

Can anyone recommend high dividend stocks (5%+ ideally) in the eurozone? I'm considering buying AXA and Banco Santander, but looking for more ideas.

banco santander is still an iffy buy due to the state of the spanish economy

total ( fp.pa ) is an excellent stock , french energy giant with a div in excess of 5% , most of its business is outside france , its cheap by comparison with other oil majors

unilever only has a div of around 3.5% but its an excellent company and one with a huge presence in emerging markets , i think your placing the bar too high when it comes to yield , high yield often means no growth worth talking about , anything above 3% is pretty great and you also get growth

nestle also has a 3% plus div but i think unilever is a better bet right now

shell can be bought on the amsterdam market and it also has a near 5% yield , is twice as large as french major total

arrowloopboy

IC had a high divident yielding stock article some months back,with some up to 8% ,look that up.

moon_man

arrowloopboy wrote: »

IC had a high divident yielding stock article some months back,with some up to 8% ,look that up.

what does IC stand for ?

bbbbb

As an example of >5% and why you need to consider more factors, try Nokia...

Carnegie

moon_man wrote: »

banco santander is still an iffy buy due to the state of the spanish economy

total ( fp.pa ) is an excellent stock , french energy giant with a div in excess of 5% , most of its business is outside france , its cheap by comparison with other oil majors

unilever only has a div of around 3.5% but its an excellent company and one with a huge presence in emerging markets , i think your placing the bar too high when it comes to yield , high yield often means no growth worth talking about , anything above 3% is pretty great and you also get growth

nestle also has a 3% plus div but i think unilever is a better bet right now

shell can be bought on the amsterdam market and it also has a near 5% yield , is twice as large as french major total

Thanks for the suggestions, will definitely look into total and unilever is also on my to buy list, just waiting for the sp to drop a bit before getting in.

I like Banco Santander even more since the recent price drop, think that gives it a yield of about 12% now. I don't mind high risk, I'm young so my risk tolerance is fairly high.

arrowloopboy

moon_man wrote: »

what does IC stand for ?

Sorry, Investors Chronicle.

moon_man

Carnegie wrote: »

Can anyone recommend high dividend stocks (5%+ ideally) in the eurozone? I'm considering buying AXA and Banco Santander, but looking for more ideas.

you could also buy the euro stoxx 50 etf which gives you broader coverage and broader risk , you can buy it either through vanguard on the new york exchange in dollars or with ishares on the amsterdam exchange and everything is in euro , vanguard are a lot cheaper for fees however , even allowing for dollar euro , your better off , vanguard are around 0.10 where as ishares are something like . 35

vanguard = vgk

ishares euro stoxx 50 = euea.as which is on the amsterdam exchange

Carnegie

moon_man wrote: »

you could also buy the euro stoxx 50 etf which gives you broader coverage and broader risk , you can buy it either through vanguard on the new york exchange in dollars or with ishares on the amsterdam exchange and everything is in euro , vanguard are a lot cheaper for fees however , even allowing for dollar euro , your better off , vanguard are around 0.10 where as ishares are something like . 35

vanguard = vgk

ishares euro stoxx 50 = euea.as which is on the amsterdam exchange

Yeah might look into that one too although I'm not sure about the idea of paying annual fees for something I can do myself for free. If I do buy that I would buy the ishares version since I'm specifically looking for euro currency shares as my current portfolio is almost entirely in US dollars. Now that the euro looks like it is stabilising I am looking to get back in to euro shares. Plus the broker I am with- TD investing charge an absolute fortune to change euros to foreign currencies, I think they take about 2% of your capital, and of course you have to pay another 2% when you eventually sell and change back to euro, so I want to avoid buying foreign currency shares/etfs for now. Eventually I will get round to changing to a cheap broker such as Interactive brokers.

Carnegie

arrowloopboy wrote: »

IC had a high divident yielding stock article some months back,with some up to 8% ,look that up.

it seems you need to be a subscriber to view it

moon_man

Carnegie wrote: »

Yeah might look into that one too although I'm not sure about the idea of paying annual fees for something I can do myself for free. If I do buy that I would buy the ishares version since I'm specifically looking for euro currency shares as my current portfolio is almost entirely in US dollars. Now that the euro looks like it is stabilising I am looking to get back in to euro shares. Plus the broker I am with- TD investing charge an absolute fortune to change euros to foreign currencies, I think they take about 2% of your capital, and of course you have to pay another 2% when you eventually sell and change back to euro, so I want to avoid buying foreign currency shares/etfs for now. Eventually I will get round to changing to a cheap broker such as Interactive brokers.

im with the same broker , you can use the likes of transfermate to inittially transfer your euro into a dollar based account , td provide several currency accounts as standard to each account holder , vanguard have begun offering products to uk - sterling investors , they will surely offer products to eurozone investors eventually , vanguard is the second biggest etf provider after ishares and are the cheapest of all the providers by a distance

etf,s are a great way to spread risk and for example , vanguard sell the S+P at a cost of 0.05 % per anum , thats peanuts for broad coverage to the top companies on the new york exchange , you could pick ten companies yourself but its not always easy to pick the right ones at the right time

i only own a few individual shares

glanbia
kerry
bank of ireland ( for a punt )
ford ( which pays a good div and which is undervalued )

i go with etf,s for the rest

Carnegie

moon_man wrote: »

im with the same broker , you can use the likes of transfermate to inittially transfer your euro into a dollar based account , td provide several currency accounts as standard to each account holder , vanguard have begun offering products to uk - sterling investors , they will surely offer products to eurozone investors eventually , vanguard is the second biggest etf provider after ishares and are the cheapest of all the providers by a distance

etf,s are a great way to spread risk and for example , vanguard sell the S+P at a cost of 0.05 % per anum , thats peanuts for broad coverage to the top companies on the new york exchange , you could pick ten companies yourself but its not always easy to pick the right ones at the right time

i only own a few individual shares

glanbia
kerry
bank of ireland ( for a punt )
ford ( which pays a good div and which is undervalued )

i go with etf,s for the rest

Yeah thats not a bad idea to use transfermate, I must start doing that.

I wanted to get into bank of ireland at 10c but didn't have the cash and the price shot up quickly, so missed the boat on that. Think its fairly valued now though.

I was considering buying ford but ended up buying GM instead, Berkshire hathaway and David Einhorn both bought the stock which swayed me towards it, I'm hoping they reinstate their dividend soon.

I'm considering buying BMW shares, decent dividend of 3.5% which is due to increase this year, low valuation, records sales last year and they expect to set a new record this year. They expect earnings to remain the same as last year however due to big investments being made in new technologies. So the SP mightn't do much this year but since I buy for the long term this doesn't bother me, the low valuation is enough for me to get in now.