3 Top Dividend Stocks On Euronext Paris

As the French CAC 40 Index recently climbed by 3.89%, buoyed by hopes for interest rate cuts and China's stimulus measures, investors are increasingly eyeing opportunities within the European markets. In this climate of optimism, dividend stocks on Euronext Paris stand out for their potential to provide steady income streams, making them particularly appealing in times of economic uncertainty and fluctuating market conditions.

Top 10 Dividend Stocks In France

Name	Dividend Yield	Dividend Rating
Rubis (ENXTPA:RUI)	8.24%	★★★★★★
Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)	8.00%	★★★★★☆
Vicat (ENXTPA:VCT)	5.61%	★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)	5.87%	★★★★★☆
Arkema (ENXTPA:AKE)	4.01%	★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)	3.69%	★★★★★☆
Samse (ENXTPA:SAMS)	6.67%	★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)	4.69%	★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)	7.81%	★★★★★☆
Infotel (ENXTPA:INF)	4.65%	★★★★☆☆

Click here to see the full list of 32 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Arkema (ENXTPA:AKE)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Arkema S.A. is a global manufacturer and seller of specialty chemicals and advanced materials, with a market cap of approximately €6.51 billion.

Operations: Arkema S.A.'s revenue is primarily derived from its Advanced Materials segment at €3.51 billion, followed by Adhesive Solutions at €2.71 billion, Coating Solutions at €2.39 billion, and Intermediates at €779 million.

Dividend Yield: 4%

Arkema has maintained reliable and stable dividends over the past decade, with a dividend yield of 4.01%, which is below the top quartile in France. The company's payout ratio is sustainable at 76.4% of earnings and 47% of cash flows, ensuring coverage by both metrics. Recent strategic leadership changes and ongoing acquisition efforts signal potential growth initiatives, while a share buyback program up to €1.05 billion aims to enhance shareholder value through capital reduction or external growth transactions.

• Take a closer look at Arkema's potential here in our dividend report.
• The valuation report we've compiled suggests that Arkema's current price could be quite moderate.

Gaztransport & Technigaz (ENXTPA:GTT)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Gaztransport & Technigaz SA is a technology and engineering company specializing in cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and LNG globally, with a market cap of approximately €4.75 billion.

Operations: Gaztransport & Technigaz SA generates its revenue primarily from its Core Business Including Services, amounting to €530.73 million, and from Hydrogen-related activities, contributing €13.96 million.

Dividend Yield: 5.7%

Gaztransport & Technigaz's dividend yield of 5.73% places it among the top 25% in France, but its sustainability is questionable due to a high cash payout ratio of 139.7%. Although earnings cover the current payout ratio of 79.4%, dividends have been volatile over the past decade. Recent financial results show significant revenue and net income growth, with an interim dividend declared for December 2024, reflecting ongoing profitability despite concerns about dividend reliability.

• Delve into the full analysis dividend report here for a deeper understanding of Gaztransport & Technigaz.
• Upon reviewing our latest valuation report, Gaztransport & Technigaz's share price might be too pessimistic.

Compagnie Générale des Établissements Michelin Société en commandite par actions (ENXTPA:ML)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide, with a market cap of €25.21 billion.

Operations: The company's revenue is derived from three main segments: Automotive and Related Distribution (€14.16 billion), Road Transportation and Related Distribution (€6.84 billion), and Specialty Businesses and Related Distribution (€6.74 billion).

Dividend Yield: 3.8%

Compagnie Générale des Établissements Michelin's dividend yield of 3.8% is below the top tier in France, with a payout ratio of 50.2% indicating coverage by earnings and a cash payout ratio of 32.6% ensuring sustainability from cash flows. However, dividends have been volatile over the past decade despite recent growth. In H1 2024, sales decreased to €13.48 billion and net income fell slightly to €1.16 billion, reflecting some financial pressure amid stable dividend prospects.

• Click here to discover the nuances of Compagnie Générale des Établissements Michelin Société en commandite par actions with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, Compagnie Générale des Établissements Michelin Société en commandite par actions' share price might be too optimistic.

Where To Now?

• Dive into all 32 of the Top Euronext Paris Dividend Stocks we have identified here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Seeking Other Investments?

• 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.

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