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6 Rallying European Stocks With Dividend Income

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Tapering by the Fed could benefit richer countries, so we looked for overseas stocks that would attract international investors.

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The World Bank raised its growth forecasts for 2014, largely on the back of improving economic conditions in rich countries like the US, Japan, and the European Union. As these markets improve, consumers may be inclined to spend more – a fact that was supported when consumer sentiment rose more in December 2013 than expected.

And when spending increases, the more export-driven economies in emerging countries can also benefit. Part of what helped the BRIC nations so much during the mid-2000s was above average demand for raw materials fueled by construction in more developed countries.

However, on the flip side, improving economic conditions in developed countries could also have a negative effect on emerging economies. As tapering begins and interest rates go up in the US and Europe, investors could be expected to start transferring their assets from foreign banks back to ones at home, which would benefit richer countries who have been engaging in asset purchases.

Investing Ideas

There are many ways for investors to play tapering, and one could be via Europe. It's one of the most likely regions to benefit from tapering – and many analysts have said that 2014 has what could be the best conditions for European stocks in the last five years.

With that in mind, we compiled a list of rallying, European stocks that trade on US exchanges. All of the companies on this list are rallying at least 10% above their 200-day simple moving average (MA). As an added bonus, we only included stocks on our list that pay dividends.


Click on the interactive chart to view analyst ratings for these European stocks over time.


Do you see investing opportunities in Europe? Use the list below to begin your own analysis.

1. ABB Ltd. (NYSE:ABB): Provides power and automation technologies for utility and industrial customers worldwide. Market cap at $60.06 billion, most recent closing price at $26.42.

Dividend Yield: 2.73%

Rallying 13.25% above its 200-day MA.

2. BT Group plc (NYSE:BT): Provides communications solutions and services worldwide. Market cap at $49.61 billion, most recent closing price at $63.33.

Dividend Yield: 1.71%

Rallying 21.23% above its 200-day MA.

3. Carnival plc (NYSE:CUK): Provides cruise vacation services. Market cap at $33.07 billion, most recent closing price at $42.58.

Dividend Yield: 2.35%

Rallying 17.91% above its 200-day MA.

4. James Hardie Industries SE (NYSE:JHX): Manufactures and sells fiber cement building products for interior and exterior building construction applications. Market cap at $5.02 billion, most recent closing price at $56.73.

Dividend Yield: 6.52%

Rallying 19.95% above its 200-day MA.

5. Prudential plc (NYSE:PUK): Provides retail financial products and services, and asset management services to individuals and businesses in Asia, the United States, and the United Kingdom. Market cap at $57.76 billion, most recent closing price at $44.98.

Dividend Yield: 1.33%

Rallying 22.27% above its 200-day MA.

6. Koninklijke Philips Electronics NV (NYSE:PHG): Engages in the healthcare, consumer lifestyle, and lighting product businesses worldwide. Market cap at $34.76 billion, most recent closing price at $37.86.

Dividend Yield: 2.19%

Rallying 20.50% above its 200-day MA.

Editor's note: This story by James Dennin originally appeared on Kapitall.

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No positions in stocks mentioned.
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