Arkema And 2 Other Leading Dividend Stocks On Euronext Paris

As European inflation nears the central bank's target and France's CAC 40 Index continues to show resilience, investors are increasingly looking at dividend stocks for stable returns. In this environment, a good dividend stock is characterized by consistent payouts and strong financial health, making them attractive options amid economic uncertainty.

Top 10 Dividend Stocks In France

Name	Dividend Yield	Dividend Rating
Vicat (ENXTPA:VCT)	6.34%	★★★★★★
Rubis (ENXTPA:RUI)	6.79%	★★★★★★
CBo Territoria (ENXTPA:CBOT)	6.82%	★★★★★★
Samse (ENXTPA:SAMS)	6.10%	★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)	3.90%	★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)	5.89%	★★★★★☆
Arkema (ENXTPA:AKE)	4.14%	★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)	4.65%	★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)	8.00%	★★★★★☆
Eiffage (ENXTPA:FGR)	4.31%	★★★★☆☆

Click here to see the full list of 36 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.

Arkema (ENXTPA:AKE)

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

Overview: Arkema S.A. manufactures and sells specialty chemicals and advanced materials worldwide, with a market cap of €6.31 billion.

Operations: Arkema S.A.'s revenue segments include €779 million from Intermediates, €2.39 billion from Coating Solutions, €2.71 billion from Adhesive Solutions, and €3.51 billion from Advanced Materials.

Dividend Yield: 4.1%

Arkema offers a stable and growing dividend, with a current yield of 4.14%, though it lags behind the top French dividend payers. Dividends are well-covered by earnings (76.4% payout ratio) and cash flows (47% cash payout ratio). Recent executive changes aim to bolster strategic growth, while ongoing share repurchases could enhance shareholder value. The company is actively seeking acquisitions, potentially boosting future dividends and overall financial health.

• Click here to discover the nuances of Arkema with our detailed analytical 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 that offers cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and LNG, with a market cap of €4.87 billion.

Operations: Gaztransport & Technigaz SA generates revenue primarily from its Core Business Including Services segment, which accounts for €530.73 million, and the Hydrogen segment, contributing €13.96 million.

Dividend Yield: 5.6%

Gaztransport & Technigaz's dividend yield stands at 5.59%, placing it in the top 25% of French dividend payers. However, its high cash payout ratio (139.7%) indicates dividends are not well covered by free cash flows, raising sustainability concerns despite a consistent increase over the past decade. Recent earnings show substantial growth, with net income reaching €170.31 million for H1 2024, supporting an interim dividend of €3.67 per share announced in July 2024.

• Take a closer look at Gaztransport & Technigaz's potential here in our dividend report.
• The analysis detailed in our Gaztransport & Technigaz valuation report hints at an deflated share price compared to its estimated value.

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 €25.16 billion.

Operations: Compagnie Générale des Établissements Michelin Société en commandite par actions generates revenue 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 Société en commandite par actions has a mixed dividend profile. Despite a reasonable payout ratio of 50.2% and strong cash flow coverage at 32.6%, its dividend payments have been volatile over the past decade, with occasional drops exceeding 20%. Recent earnings showed a slight decline, with H1 2024 net income at €1.16 billion compared to €1.22 billion last year, which may impact future payouts despite ongoing strategic investments in biotechnology ventures like the Biotech Open Platform.

• Get an in-depth perspective on Compagnie Générale des Établissements Michelin Société en commandite par actions' performance by reading our dividend report here.
• According our valuation report, there's an indication that Compagnie Générale des Établissements Michelin Société en commandite par actions' share price might be on the expensive side.

Next Steps

• Access the full spectrum of 36 Top Euronext Paris Dividend Stocks by clicking on this link.
• 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.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com