I like Sanofi SA (ADR) ( SNY ) with a yield of 4.1% and the ETF First Trust STOXX European Select Dividend Income ( FDD ), which represents 30 high-paying European dividend stocks and is currently yielding 4.9%. The committee made a unanimous vote to increase the Fed's main interest rate by a quarter-point, to the 0.25% to 0.50% range from the previous 0.00% to 0.25%. The new administration is expected to put policies in place that will increase inflation, which in turn pushes bond yields higher.