3 interesting dividend stocks from Europe
We talk about dividend stocks quite often. And most of the time, the choice falls on US stocks. But we don't have to go far for quality companies! Let's take a look at 3 interesting and quality dividend companies from Europe!
Telefonica $TEF
Telefonica is a Spanish multinational telecommunications company that provides telecommunications services in Europe, Latin America and Asia. The company is included in the IBEX 35 index, which is Spain's main stock index.
The last few years have been quite wild. In terms of Telefonica's financial results, it saw revenues fall by 11.6% to EUR 43.1 billion and pre-tax profit fall by 34.3% to EUR 4.5 billion in 2020. This was mainly due to the negative effects of the COVID-19 pandemic, which affected the company's business. Despite this, the company plans to continue its dividend policy and offers a relatively high dividend yield.
In 2020, the company signed an agreement to sell its business interest in Colombia for USD 1.3 billion as part of its debt…
We can see that even in Europe we have interesting stocks that in many cases outperform US stocks in terms of dividend. Of this trio, I like Novartis the most, followed by Shell. But despite the solid dividends, I don't own any stocks from Europe; America is more acceptable and predictable for me.
Nice pick and I also agree and I'm glad you included $SHEL which I even wrote a news story about yesterday, even though it had some puns, it really is a giant. I'm holding him and he's making me happy so far. 😊
Awesome companies. I like Shell the best. It's just a pity that they no longer operate in the Czech Republic...