In order to identify some of the high dividend paying stocks in the Euro Zone countries I referred to the EURO STOXX® Select Dividend 30 Index. This index “offers exposure to the 30 highest dividend-paying stocks from Euro Zone countries. Only companies are included that have a non-negative historical five-year dividend-per-share growth rate and a dividend to earnings-per-share ratio of less than or equal to 60%. The index is weighted according to net dividend yield.”

The table below lists the components of the  EURO STOXX® Select Dividend 30 Index and the current yield of the ADRs if available:

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Disclosure: Long EONGY, LFRGY, ENLAY, AXAHY, STD