With ECB President Mario Draghi and Fed Chairman Ben Bernanke in a monetary arms race to see who can inject more liquidity into the financial system, global equity markets should enjoy a spectacular finish to the year.
And Bernanke’s determination to keep short-term rates at near 0% through 2015 means that dividend stocks should continue to be attractive for years to come.
Plus, Draghi’s Big Bazooka and the German Constitutional Court ruling mean that we won’t be seeing a eurozone meltdown — at least not yet. Meanwhile, most European markets are priced far more attractively than their American counterparts, and most pay significantly higher dividend yields.
Attention has been focused on the “problem children” of the European periphery — Spain, Italy, Greece, and Portugal — and on their stern schoolmistress Germany. But France is the second-largest economy in the Eurozone and home to some of its biggest and most globally-recognized companies.
Investors wanting one-stop-shop access to French stocks can buy shares of the iShares MSCI France ETF (NYSE:EWQ). But today, I’m going to recommend five solid dividend-paying French stocks that should allow investors to profit from the reflation of Europe while also collecting a nice payout every quarter.