Yahoo Finance 3 Top Euronext Paris Dividend Stocks Offering Up To 6.2% Yield
Amidst a backdrop of mixed performances across global markets, France's CAC 40 Index saw a modest decline last week. In such an environment, investors may find reassurance in dividend stocks, which can offer potential income stability and attractive yields up to 6.2%, making them compelling considerations for those seeking to navigate uncertain market conditions.
Top 10 Dividend Stocks In France
Name | Dividend Yield | Dividend Rating |
Rubis (ENXTPA:RUI) | 6.19% | ★★★★★★ |
Samse (ENXTPA:SAMS) | 8.40% | ★★★★★★ |
CBo Territoria (ENXTPA:CBOT) | 6.32% | ★★★★★★ |
Fleury Michon (ENXTPA:ALFLE) | 5.53% | ★★★★★☆ |
Métropole Télévision (ENXTPA:MMT) | 9.30% | ★★★★★☆ |
VIEL & Cie société anonyme (ENXTPA:VIL) | 3.77% | ★★★★★☆ |
Sanofi (ENXTPA:SAN) | 4.29% | ★★★★★☆ |
Arkema (ENXTPA:AKE) | 3.78% | ★★★★★☆ |
Exacompta Clairefontaine (ENXTPA:ALEXA) | 3.96% | ★★★★★☆ |
Piscines Desjoyaux (ENXTPA:ALPDX) | 7.14% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top Euronext Paris Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Exacompta Clairefontaine
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Exacompta Clairefontaine S.A. operates in the production, finishing, and formatting of papers across France, Europe, and other international markets with a market capitalization of approximately €191.22 million.
Operations: Exacompta Clairefontaine S.A. generates revenue primarily through its Paper and Processing segments, with earnings of €368.58 million and €613.23 million respectively.
Dividend Yield: 4%
Exacompta Clairefontaine's dividends are well-supported by both earnings and cash flows, with a payout ratio of 17.6% and a cash payout ratio of 10.3%. While its dividend yield of 3.96% is below the top French dividend payers, the company has demonstrated reliability in its dividend payments over the past decade. Recent financials show robust growth with net income rising to €43.12 million from €27.06 million last year on sales of €843.25 million, indicating a strong financial position to sustain dividends.
Rexel
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Rexel S.A. operates as a distributor of low and ultra-low voltage electrical products and services across residential, commercial, and industrial sectors in multiple regions including France, Europe, North America, and Asia-Pacific, with a market capitalization of approximately €8.31 billion.
Operations: Rexel S.A. generates €19.15 billion in revenue from its wholesale electronics segment.
Dividend Yield: 4.3%
Rexel's dividends, with a 46.6% payout ratio and a 45.6% cash payout ratio, show reasonable coverage by earnings and cash flows despite its unstable dividend history over the past decade. The company's dividend yield of 4.3% is lower than many top French dividend stocks. Recently, Rexel reported Q1 sales of €4.71 billion, down 4.5%, but expects stable to slightly positive growth for 2024, suggesting cautious optimism for maintaining its dividend payments amidst modest earnings growth forecasts of 3.27% annually.
Unlock comprehensive insights into our analysis of Rexel stock in this dividend report.
Our valuation report here indicates Rexel may be undervalued.
TF1
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: TF1 SA operates in broadcasting, studios and entertainment, and digital sectors both in France and internationally, with a market capitalization of approximately €1.85 billion.
Operations: TF1 SA generates revenue through its Newen Studios segment at €385.70 million and its Media (including Digital) segment at €2.01 billion.
Dividend Yield: 6.3%
TF1 offers a dividend yield of 6.25%, ranking it in the upper quartile of French dividend stocks. Its dividends are well-supported by both earnings and cash flows, with payout ratios of 59.9% and 48.3% respectively, indicating sustainability despite a non-growing dividend history over the past decade. Recent financials show a steady increase, with Q1 sales rising to €511.9 million from €479.7 million year-over-year, and net income up to €29.7 million from €28.1 million, suggesting potential stability ahead.
Summing It All Up
Get an in-depth perspective on all 33 Top Euronext Paris Dividend Stocks by using our screener here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ENXTPA:ALEXA ENXTPA:RXL and ENXTPA:TFI.
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