Yahoo Finance 3 Top Euronext Paris Dividend Stocks Offering Up To 6.5% Yield
Amidst a backdrop of fluctuating European markets, with France's CAC 40 Index experiencing a modest decline last week, investors are increasingly focusing on stable returns. Dividend stocks, known for providing regular income and potential resilience in varied market conditions, could be particularly appealing in the current economic environment marked by discussions around interest rate adjustments and inflation concerns.
Top 10 Dividend Stocks In France
Name | Dividend Yield | Dividend Rating |
Rubis (ENXTPA:RUI) | 6.01% | ★★★★★★ |
Samse (ENXTPA:SAMS) | 8.51% | ★★★★★★ |
CBo Territoria (ENXTPA:CBOT) | 6.37% | ★★★★★★ |
Fleury Michon (ENXTPA:ALFLE) | 5.49% | ★★★★★☆ |
Métropole Télévision (ENXTPA:MMT) | 9.22% | ★★★★★☆ |
Sanofi (ENXTPA:SAN) | 4.18% | ★★★★★☆ |
Teleperformance (ENXTPA:TEP) | 3.54% | ★★★★★☆ |
Exacompta Clairefontaine (ENXTPA:ALEXA) | 3.94% | ★★★★★☆ |
Arkema (ENXTPA:AKE) | 3.71% | ★★★★★☆ |
Piscines Desjoyaux (ENXTPA:ALPDX) | 7.09% | ★★★★★☆ |
Click here to see the full list of 33 stocks from our Top Euronext Paris Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Delfingen Industry
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Delfingen Industry S.A., a global provider of protection and routing systems for electrical networks and on-board fluid transfer solutions primarily to the industrial and automotive sectors, has a market capitalization of approximately €97.79 million.
Operations: Delfingen Industry S.A. generates revenue primarily through its segments in Europa and Africa - Mobilities (€223.03 million), Americas Mobilities (€143.77 million), Asia Mobilities (€60.76 million), and Industry (€51.40 million).
Dividend Yield: 3.1%
Delfingen Industry S.A., despite a low dividend yield of 3.07% compared to the French market's top quartile at 5.13%, maintains a sustainable payout with its earnings covering dividends at a ratio of 43.6% and cash flows at 9.7%. However, its dividend history shows volatility over the past decade, reflecting some instability in payments despite recent financial improvements shown by an increase in sales to €456.7 million in 2023 from €417.1 million the previous year and a forecasted annual earnings growth of 34.98%.
Fleury Michon
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Fleury Michon SA is a company engaged in the production and sale of food products, operating both in France and internationally, with a market capitalization of approximately €98.87 million.
Operations: Fleury Michon SA generates €709.60 million from its Division GMS France and €83.92 million from its International Division in revenue.
Dividend Yield: 5.5%
Fleury Michon SA showcased a significant increase in annual sales to €836.2 million and a robust rise in net income to €10.3 million for 2023. Despite its high dividend yield of 5.49%, which ranks well within the top French dividend payers, the company has experienced volatility in its dividend payments over the past decade, indicating some instability. However, dividends are well-supported by earnings with a payout ratio of 36% and an even lower cash payout ratio of 12.8%.
Click here to discover the nuances of Fleury Michon with our detailed analytical dividend report.
Upon reviewing our latest valuation report, Fleury Michon's share price might be too pessimistic.
SCOR
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SCOR SE operates globally, offering life and non-life reinsurance products across multiple regions, with a market capitalization of approximately €4.89 billion.
Operations: SCOR SE generates revenue primarily through its life reinsurance segment, SCOR L&H, which contributes €8.45 billion, and its property and casualty reinsurance segment, SCOR P&C, with revenues of €7.04 billion.
Dividend Yield: 6.6%
SCOR SE recently approved a €1.80 dividend per share for 2023, reflecting a commitment to shareholder returns despite past volatility in dividend payments. With a payout ratio of 39.7% and cash payout ratio of 24.2%, dividends appear sustainable, supported by substantial earnings growth and positive cash flows. However, the historical instability in dividends may concern some investors seeking consistent income streams from their investments in the French market.
Key Takeaways
Click here to access our complete index of 33 Top Euronext Paris Dividend Stocks.
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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:ALDEL ENXTPA:ALFLE and ENXTPA:SCR.
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