Stock Analysis

3 Euronext Paris Dividend Stocks Yielding Up To 7.9%

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The French market has shown resilience, with the CAC 40 Index gaining 1.54% recently, buoyed by an interest rate cut from the European Central Bank amid signs of slowing inflation and economic growth in the eurozone. In this context, dividend stocks can offer a measure of stability and income potential for investors navigating these uncertain times. When evaluating dividend stocks, it's essential to consider factors such as consistent payout history and strong financial health—qualities that can provide reliable income even during fluctuating market conditions.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Vicat (ENXTPA:VCT)6.21%★★★★★★
Rubis (ENXTPA:RUI)8.48%★★★★★★
Exacompta Clairefontaine (ENXTPA:ALEXA)4.82%★★★★★☆
Arkema (ENXTPA:AKE)4.35%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)3.62%★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)5.89%★★★★★☆
Samse (ENXTPA:SAMS)6.92%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)8.10%★★★★★☆
Infotel (ENXTPA:INF)5.43%★★★★☆☆
Rexel (ENXTPA:RXL)5.22%★★★★☆☆

Click here to see the full list of 35 stocks from our Top Euronext Paris Dividend Stocks screener.

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

Société BIC (ENXTPA:BB)

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

Overview: Société BIC SA manufactures and sells stationery, lighters, shavers, and other products worldwide with a market cap of €2.60 billion.

Operations: Société BIC SA generates its revenue from three main segments: €820 million from Flame for Life, €540 million from Blade Excellence, and €838 million from Human Expression.

Dividend Yield: 4.6%

Société BIC's dividend payments are well-covered by earnings (55.4% payout ratio) and cash flows (41.9% cash payout ratio), indicating sustainability despite a volatile track record over the past decade. Recent earnings showed a slight drop in sales but an increase in net income for Q2 2024, highlighting resilience. The company trades below its estimated fair value, suggesting good relative value, though its dividend yield (4.56%) is lower than top-tier French market payers.

ENXTPA:BB Dividend History as at Sep 2024

Manitou BF (ENXTPA:MTU)

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

Overview: Manitou BF SA, with a market cap of €646.70 million, develops, manufactures, and provides equipment and services globally through its subsidiaries.

Operations: Manitou BF SA generates revenue through its Products Division (€2.47 billion) and Services & Solutions (S&S) Division (€395.12 million).

Dividend Yield: 8%

Manitou BF's recent half-year earnings report showed a slight increase in sales to €1.41 billion and a significant rise in net income to €81.75 million. The company trades at 13.7% below its fair value and has a high dividend yield of 7.99%, placing it in the top 25% of French dividend payers, though its dividend history is volatile with only nine years of payments. Despite high debt levels, dividends are well-covered by both earnings (31.7% payout ratio) and cash flows (65.5% cash payout ratio).

ENXTPA:MTU Dividend History as at Sep 2024

TotalEnergies (ENXTPA:TTE)

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

Overview: TotalEnergies SE is a multi-energy company that produces and markets oil, biofuels, natural gas, green gases, renewables, and electricity across France, Europe, North America, Africa, and internationally with a market cap of €140.59 billion.

Operations: TotalEnergies SE's revenue segments include Integrated LNG ($21.46 billion), Integrated Power ($27.01 billion), Marketing & Services ($71.38 billion), Refining & Chemicals ($134.98 billion), and Exploration & Production ($47.20 billion).

Dividend Yield: 5%

TotalEnergies has a mixed dividend history, with payments increasing over the past decade but showing volatility. Recent strategic moves include a joint venture with Adani Green Energy for a 1,150 MW solar portfolio and a $1.25 billion fixed-income offering. The company’s dividends are well-covered by earnings and cash flows, with a payout ratio of 37.7%. However, its current yield of 5.04% is lower than the top quartile of French dividend payers at 5.65%.

ENXTPA:TTE Dividend History as at Sep 2024

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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.

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