Health-care stocks appeal to Andrea Williams, who manages the Royal London European Income Fund. Among her favorites: Roche Holding AG (SWL:CH:ROG) (OTN:RHHBY) and Novartis AG (NYSE:NVS) (SWL:CH:NOVN) . Those companies have dividend yields of around 4% to 4.5%, she said. Sanofi SA (NYSE:SNY) (EPA:FR:SAN) and Novo Nordisk are also stocks she holds.
Media is another sector that is offering up decent dividends, the London-based manager said. Examples include Reed Elsevier PLC (LSS:UK:REL) (EAM:NL:REN) (NYSE:RUK) and Wolters Kluwer NV (EAM:NL:WKL) (OTN:WTKWY) .
Industrial companies with a global reach are also on the radar. “We’re concerned about Europe, but not that overly concerned about the rest of the world,” Williams said. Siemens SA (NYSE:SI) (FRA:DE:SIE) and Schneider Electric SA (EPA:FR:SU) are examples.