Yahoo Finance Unveiling 3 Euronext Paris Dividend Stocks With Yields Up To 8.3%
Amidst a backdrop of rising inflation and economic uncertainty across Europe, the French market has seen its share of fluctuations, with the CAC 40 Index recently experiencing a notable decline. In such an environment, dividend stocks on the Euronext Paris can offer investors potential stability and regular income streams, making them attractive options for those looking to navigate through volatile market conditions.
Top 10 Dividend Stocks In France
Name | Dividend Yield | Dividend Rating |
Rubis (ENXTPA:RUI) | 6.05% | ★★★★★★ |
Samse (ENXTPA:SAMS) | 8.38% | ★★★★★★ |
CBo Territoria (ENXTPA:CBOT) | 6.37% | ★★★★★★ |
Fleury Michon (ENXTPA:ALFLE) | 5.53% | ★★★★★☆ |
Métropole Télévision (ENXTPA:MMT) | 8.93% | ★★★★★☆ |
VIEL & Cie société anonyme (ENXTPA:VIL) | 3.76% | ★★★★★☆ |
Sanofi (ENXTPA:SAN) | 4.19% | ★★★★★☆ |
Arkema (ENXTPA:AKE) | 3.73% | ★★★★★☆ |
Exacompta Clairefontaine (ENXTPA:ALEXA) | 3.94% | ★★★★★☆ |
Piscines Desjoyaux (ENXTPA:ALPDX) | 7.17% | ★★★★★☆ |
Click here to see the full list of 34 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.
Boiron
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Boiron SA is a company that specializes in the manufacturing and international sale of homeopathic medicines, operating primarily in France, other parts of Europe, and North America, with a market capitalization of approximately €624.17 million.
Operations: Boiron SA generates €493.25 million from its core activity of producing and marketing homeopathic medicines and other healthcare products.
Dividend Yield: 3.8%
Boiron's dividend history shows variability, with significant annual drops over the past decade, reflecting some instability. Despite this, the dividends appear sustainable with a payout ratio of 65.4% and a cash payout ratio of 85.3%, indicating coverage by both earnings and cash flows. However, compared to top French dividend stocks, Boiron's yield of 3.76% is modest. Recent financial results revealed a decline in sales and net income for 2023, potentially impacting future dividend reliability.
Take a closer look at Boiron's potential here in our dividend report.
Our expertly prepared valuation report Boiron implies its share price may be lower than expected.
Samse
Simply Wall St Dividend Rating: ★★★★★★
Overview: Samse SA, a company based in France, specializes in the distribution of building materials and tools, with a market capitalization of approximately €0.65 billion.
Operations: Samse SA generates revenue primarily through two segments: Trading (€1.48 billion) and Do-It-Yourself (€0.41 billion).
Dividend Yield: 8.4%
Samse offers a compelling 8.38% dividend yield, ranking in the top 25% of French dividend stocks. Over the past decade, dividends have shown growth with stability, supported by a payout ratio of 66.5% and a cash payout ratio of 58.9%, ensuring coverage by both earnings and cash flows. Despite a recent dip in net income to €76.43 million from €94.87 million and sales decreasing slightly to €1,889.32 million, its dividends remain well-covered and reliable amidst these fluctuations.
Sodexo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sodexo S.A. operates globally, offering food services and facilities management, with a market capitalization of approximately €12.57 billion.
Operations: Sodexo S.A. generates €8.30 billion, €10.74 billion, and €4.12 billion in revenue from its operations in Europe, North America, and the Rest of the World respectively.
Dividend Yield: 3.6%
Sodexo has experienced a volatile dividend history over the past decade, despite some growth. With a payout ratio of 63.2% and a cash payout ratio of 44%, its dividends are reasonably covered by both earnings and cash flows. However, its recent financial performance shows a concerning shift, reporting a net loss of €74 million for the half-year ended February 2024, compared to a net income of €440 million in the previous year, alongside an increase in sales to €12.1 billion from €11.58 billion.
Delve into the full analysis dividend report here for a deeper understanding of Sodexo.
The valuation report we've compiled suggests that Sodexo's current price could be inflated.
Key Takeaways
Explore the 34 names from our Top Euronext Paris Dividend Stocks screener here.
Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
Contemplating Other Strategies?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
Find companies with promising cash flow potential yet trading below their fair value.
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:BOI ENXTPA:SAMS and ENXTPA:SW.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
