Bank Yields
Euro-area banks are estimated to distribute 4.2 percent of their share price as dividends, a yield that has fallen from 10.7 percent in 2008, according to data compiled by Bloomberg.
“On average, European equities look like they have great dividend yields, but investors are well aware that this is not sustainable,” said Jacob de Tusch-Lec, who helps oversee $20 billion at Artemis Investment Management LLP in London. “You see cuts almost like a reset exercise. European stocks look cheap on a dividend yield level, but for a lot of them, we do not care about the dividend yield anymore; we are more worried about the business model.”