The European Dividend Aristocrats don't have quite the payout-growth longevity of their American counterparts, but they still offer dividend hikes and blue-chip stability.
America’s stock market ran wild in 2019, putting up a
far-above-average year despite trade skirmishes, global economic sluggishness
and political tumult. That’s great for those already invested in stocks, but
anyone with new money to spend is left looking at a lot of overvalued equities
with severely depressed yields.
One solution? Peer over the Atlantic and seek out European
Dividend Aristocrats.
You’re certainly familiar with the S&P Dividend
Aristocrats – 57 dividend stocks that have raised their payouts for 25 or more
years. Well, the European Dividend Aristocrats are of a similar vein. To
qualify as European payout royalty, a company needs to show only 10 or more
years of stable or increasing dividends. But these companies also provide
investors with diversification and much more reasonable valuation than many of
their American brethren.
Another perk: European Dividend Aristocrats yield more – substantially
more. As of this writing, they collectively yield 3.2%, versus 1.9% for the
S&P Dividend Aristocrats.
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