Earlier in the year Morgan Stanley published a list of dividend stocks from Europe. From a news report quoting the research report:
Morgan Stanley screened for: a high dividend yield showing dividend per share (DPS) growth in 2012 and 2013; where the payout ratio is not too onerous (less than 75%); with strong balance sheets with an average debt to market cap ratio of less than 30% over 2012 and 2013, and overall market cap above £3 billion; and free cash flow (FCF) yield greater than 5%.
Some European Stocks with Attractive and Sustainable Dividends are shown in the table below:
Click to enlarge
Source: Chart of the Day: Europe’s top dividend yielding stocks, CityWire UK