Single phase nanostructured Eu-Ni substituted Y-type hexaferrites with nominal composition Sr2Co2-xNix EuyFe12-yO22 (x = 0.0-1, y = 0.0-0.1) were synthesized by the normal microemulsion method. X-ray diffraction (XRD) technique was employed for phase analysis and indexing of each pattern corroborates that well defined Y-type crystalline phase is formed. It is observed that DC resistivity enhanced which is accredited to room temperature resistivity differences of dopant and host ions. The hopping of electrons and jumping of holes are responsible for conduction below Curie temperature (T-C), whereas above Curie temperature is due to polaron hopping. The decrease in T-C may be due to the fact that Eu-Fe interactions on the B sites are weaker than Fe-Fe interaction. The dispersion in the dielectric constant epsilon'(f) favor the occurrence of peaks in the tan delta(f). The extraordinary values of resistivity and small dielectric loss make these materials pre-eminent contestant for high frequency applications. (C) 2013 Elsevier Ltd. All rights reserved.