Most European equities are in the negative territory year-to-date. This presents a good opportunity for investors with a long-term horizon of five years or more. High-quality companies are now selling at a deep discount and there are plenty of them across the continent to choose from. Ten companies from a few sectors are listed below with their current dividend yields:

1.Company:ABB (ABB)
Current Dividend Yield: 3.28%
Sector: Industrial Engineering
Country: Switzerland

2.Company:CNH Global  (CNH)
Current Dividend Yield: N/A
Sector:Industrial Engineering
Country: The Netherlands

3.Company:Autoliv Inc (ALV)
Current Dividend Yield: 3.29%
Sector:Auto & Truck Parts
Country: Sweden

4.Company:Peugeot Citroen (PEUGY)
Current Dividend Yield: 5.51%
Sector:Auto & Truck Manufacturers
Country: France

5.Company:BASF (BASFY)
Current Dividend Yield: 4.49%
Sector: Chemicals
Country: Germany

6.Company:Danone (DANOY)
Current Dividend Yield: 2.74%
Sector:Food Producers
Country: France

7.Company:Tullow Oil (TUWOY)
Current Dividend Yield: 0.79%
Sector:Oil & Gas Producers
Country: UK

8.Company: Repsol (REPYY)
Current Dividend Yield: 5.06%
Sector:Oil & Gas Producers
Country: Spain

9.Company:CGG Veritas (CGV)
Current Dividend Yield: Oil Equipment,Service & Distributors
Sector: N/A
Country: France

10.Company:Petroleum Geo-Services (PGSVY)
Current Dividend Yield: N/A
Sector:Oil Equipment,Service & Distributors
Country: Norway

Disclosure: Long ABB