This page is the home of the Eurozone Dividend Champions list tracking Eurozone companies with the longest dividend growth history.
It is directly inspired by David Fish’s US Dividend Champions spreadsheet. It’s a resource that is used as a starting point to identify and screen dividend growth stocks for the Eurozone.
The list is updated monthly and this since March 2019.
What is the Eurozone?
According to Wikipedia (https://en.wikipedia.org/wiki/Eurozone), the Eurozone is:
- A monetary union of 19 European countries
- They have adopted the Euro (€) as their common currency
- 342 millions inhabitants in 2019, about the US population
- Over $13B GDP in 2014, about the Chinese GDP and 75% US GDP
The Champions Dividend list
The list aims to contain all the relevant Eurozone companies which maintain or increase their dividend 5 years or more.
It was added to this list the CCC companies from Switzerland, Denmark and Sweden. Switzerland, Denmark and Sweden use respectively the Swiss Franc (CHF), the Danish Krone (DKK) and the Swedish Krone (SEK). Those economies are tightly integrated to the Eurozone. The Danish Krone is pegged to the Euro: 1 EUR = 7.46038 DKK (+/- 2.25%).
Many European companies pay dividends once a year. Dutch and Spanish companies pay generally twice a year and a few companies pay quarterly.
Also some companies, while not cutting their dividend, sometimes maintain the same dividend for years in time of economic crisis or underperformance. As such, while we count those years as part of the dividend streak, we also indicate the number of years dividend was simply maintained.
All value are expressed in Euro for all markets, except in CHF, DKK and SEK respectively for Swiss, Danish and Swedish companies.
The “pandemic wreck” had a big toll on the EURO Dividend Champions list. For the June 2020 list, 60 stocks were excluded of the list due to their dividend reduction or cut. A sheet named “Changes” list all the stocks deleted and added to the Champions list.
Withholding tax rate
WHT varies widely across the Eurozone. Most recent detail rates are provided by PWC: http://taxsummaries.pwc.com/ID/Withholding-tax-(WHT)-rates
European Ticker Symbol
Ticker symbol have to be completed by a prefix (for Google Finance) or by a suffix (for Yahoo Finance) along the table below:
|CH||.SW||SWX:||CHF||Switzerland||SIX Swiss Exchange|
|DE||.DE||ETR:||EUR||Germany||Deutsche Börse XETRA|
|ES||.MC||BME:||EUR||Spain||Bolsas y Mercados Españoles|
|IR||.IR or .L||FRA: or LON:||EUR||Ireland||Irish Stock Exchange or London Stock Exchange|
|IT||.MI||BIT:||EUR||Italy||Borsa Italiana Milan Stock Exchange|
Example : ticker for “L’Oreal” is OR. It is traded in Paris, France on Euronext.
- To consult it on Yahoo! Finance, ticker is OR.PA
- To consult it on Google Finance, ticker is EPA:OR
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