Inspired by David Fish’s US and Trevor Witten’s UK Dividend Champions lists, No More Waffles is home to the Euro Dividend All-Stars. While there’s a ton of information out there in the dividend growth investing community on North-American and UK companies, extensive records of European dividend growers were lacking in the past. By keeping a regularly updated list here, we try to rectify that.
Of course, compiling an overview of Europe’s best of the best when it comes to dividends is no simple task. As such, the list below should be viewed as a work in progress. Mistakes can and do happen. A lot of companies will also be missing.
That’s why I invite you to provide me with feedback, either by commenting below or by sending me an e-mail, so I can continue to improve the spreadsheet. We all benefit from a correct list of European Dividend Champions after all.
The focus here lies solely on those companies that operate in countries that have adopted the pan-European Euro as their official currency. As such, European countries like Switzerland, Norway, or Sweden don’t make an appearance, even though they are also home to some excellent dividend champions.
The Euro All-Stars List comes in two varieties: you can opt to download a Microsoft Office Excel document or view a live and automatically updated Google Sheets webpage. My goal is to keep monthly updates, so be sure to check back regularly.
Why not call it a Dividend Champions list?
Although it makes sense to adopt the terminology applied by David Fish and used by so many of you, the truth is that I’ve confirmed only a couple of European companies that have maintained or increased dividends for more than 25 years. On top of that, it’s nearly impossible to track the dividend streaks of European companies for more than 14 years even though the actual years of dividend increases could be much higher.
Because the Euro was only introduced on January 1st, 1999, many corporations started reporting in the new pan-European currency in fiscal year 1999 only. As such, it’s often hard to track incremental dividend payouts past the year 2000. On top of that, many European stock exchanges have been part of a consolidation movement, rendering historical information unavailable.
That’s why I’ve decided to make one large list of All-Stars instead of following the typical categorisation of Champions, Contenders, Challengers, and Near-Challengers. The All-Stars list does allow you to filter based on the years of increased dividends, however.
In no particular order I would like to thank these people for their support, and insightful comments and additions to the list: Trevor from Dividend Life, Righ Neighbour, Mark, ThomasDV, Mark from Bite-sized income, Pollie, Lars, Christian H., and Philip.