Stock Analysis

3 Solid Euronext Paris Dividend Stocks With Yields Ranging From 3% To 7.3%

ENXTPA:SCR
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As European markets show signs of resilience with France’s CAC 40 Index climbing by 1.67%, investors are closely watching for opportunities in stable assets like dividend stocks. In the context of current market dynamics, solid dividend-paying stocks can be appealing for those seeking regular income streams and potential defensive positioning against market volatility.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Samse (ENXTPA:SAMS)9.44%★★★★★★
Rubis (ENXTPA:RUI)7.38%★★★★★★
CBo Territoria (ENXTPA:CBOT)6.84%★★★★★★
Arkema (ENXTPA:AKE)4.19%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)4.01%★★★★★☆
Teleperformance (ENXTPA:TEP)3.82%★★★★★☆
Sanofi (ENXTPA:SAN)4.14%★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)4.04%★★★★★☆
Carrefour (ENXTPA:CA)6.42%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)7.87%★★★★★☆

Click here to see the full list of 34 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Aubay Société Anonyme (ENXTPA:AUB)

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

Overview: Aubay Société Anonyme offers application services across multiple European countries including Belgium, Luxembourg, Spain, Portugal, Italy, France, and the United Kingdom, with a market capitalization of approximately €0.51 billion.

Operations: Aubay Société Anonyme generates revenue from various sectors, with €205.60 million from Banking/Finance, €107.50 million from Insurance and Social Protection, €77.70 million in Telecoms, Media & Gaming, €70.10 million in Services/Utilities/Health, €31.40 million in Administration, €29.60 million in Industry/Transportation, and €12.20 million in Commerce & Distribution.

Dividend Yield: 3.1%

Aubay Société Anonyme's dividend yield at 3.06% trails behind the top quartile of French dividend payers. Despite this, its dividends appear sustainable with a payout ratio of 46.9% and cash flows covering dividends at 39.5%. However, the company's dividend history shows volatility over the past decade, though there has been growth in payments during this period. Recently, Aubay initiated a share repurchase program authorized up to €100 per share until November 2025, reflecting potential confidence in its valuation.

ENXTPA:AUB Dividend History as at Jun 2024
ENXTPA:AUB Dividend History as at Jun 2024

SCOR (ENXTPA:SCR)

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 €4.36 billion.

Operations: SCOR SE generates revenue primarily through its life reinsurance segment, SCOR L&H, which brought in €8.45 billion, and its property and casualty reinsurance segment, SCOR P&C, with revenues of €7.04 billion.

Dividend Yield: 7.4%

SCOR SE recently approved a dividend of €1.80 per share for 2023, signaling stability in its dividend policy despite historical volatility. The dividends are well-supported with a payout ratio of 39.7% and a cash payout ratio of 24.2%, indicating sound financial management. However, the company's dividend history has been marked by unreliability over the past decade, with significant fluctuations in payments. This mixed record suggests caution for those seeking consistent income from dividends in the French market.

ENXTPA:SCR Dividend History as at Jun 2024
ENXTPA:SCR Dividend History as at Jun 2024

Trigano (ENXTPA:TRI)

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

Overview: Trigano S.A. is a European company that designs, manufactures, and markets leisure vehicles for both individual and professional use, with a market capitalization of approximately €2.15 billion.

Operations: Trigano S.A. generates €3.59 billion from its leisure vehicles segment and €188.90 million from leisure equipment sales.

Dividend Yield: 3.2%

Trigano S.A. reported a robust increase in sales and net income for the half-year ended February 2024, with sales rising to €1.91 billion and net income at €180.4 million. Despite this growth, Trigano's dividend sustainability is under pressure due to a high cash payout ratio of 8451.5%, indicating that dividends are not well covered by cash flows. The stock trades below estimated fair value but has a low dividend yield of 3.15% compared to top French dividend payers, although dividends have been reliable and stable over the past decade.

ENXTPA:TRI Dividend History as at Jun 2024
ENXTPA:TRI Dividend History as at Jun 2024

Where To Now?

  • Explore the 34 names from our Top Euronext Paris Dividend Stocks screener here.
  • Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
  • Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Ready For A Different Approach?

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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