Top Dividend Stocks On Euronext Paris For August 2024

As global markets experience volatility and mixed economic signals, the French CAC 40 Index has shown resilience by posting modest gains. In this environment, dividend stocks can offer a stable income stream and potential for long-term growth. When selecting dividend stocks, it's crucial to consider companies with strong financial health and consistent earnings, particularly in uncertain market conditions.

Top 10 Dividend Stocks In France

Name	Dividend Yield	Dividend Rating
Vicat (ENXTPA:VCT)	6.76%	★★★★★★
Rubis (ENXTPA:RUI)	7.21%	★★★★★★
CBo Territoria (ENXTPA:CBOT)	6.84%	★★★★★★
Samse (ENXTPA:SAMS)	6.10%	★★★★★☆
Arkema (ENXTPA:AKE)	4.49%	★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)	4.00%	★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)	5.92%	★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)	4.50%	★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)	8.47%	★★★★★☆
Trigano (ENXTPA:TRI)	3.41%	★★★★☆☆

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.

Aubay Société Anonyme (ENXTPA:AUB)

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

Overview: Aubay Société Anonyme offers application services across several European countries including Belgium, Luxembourg, Spain, Portugal, Italy, France and the United Kingdom and has a market cap of €463.58 million.

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

Dividend Yield: 3.4%

Aubay Société Anonyme is trading at 44.7% below our fair value estimate, offering good relative value compared to peers. Earnings are forecast to grow 8.21% per year, and its dividend payments are well covered by both earnings (46.9%) and cash flows (39.5%). However, the dividend yield of 3.38% is low compared to the top 25% in France, and the dividend history has been volatile over the past decade despite some growth. Recent share buyback announcements may impact future dividends positively or negatively depending on execution and market conditions.

• Click to explore a detailed breakdown of our findings in Aubay Société Anonyme's dividend report.
• The analysis detailed in our Aubay Société Anonyme valuation report hints at an deflated share price compared to its estimated value.

Wendel (ENXTPA:MF)

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

Overview: Wendel is a private equity firm that focuses on equity financing in middle markets and later stages through leveraged buy-outs and acquisitions, with a market cap of €3.62 billion.

Operations: Wendel generates its revenue from various segments, including CPI (€136 million), ACAMS (€93.60 million), Stahl (€935.20 million), and Bureau Veritas (€5.99 billion).

Dividend Yield: 4.7%

Wendel's recent earnings report showed a significant increase in net income to €388.2 million for H1 2024, compared to €39.6 million last year, despite a basic loss per share from continuing operations of €0.7. The company approved a dividend increase of 25% to €4 per share for 2023, but the dividend yield of 4.7% remains below the top quartile in France and is not well covered by earnings, although cash flows are sufficient.

• Get an in-depth perspective on Wendel's performance by reading our dividend report here.
• Our valuation report here indicates Wendel may be undervalued.

Sodexo (ENXTPA:SW)

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

Overview: Sodexo S.A. is a global provider of food services and facilities management services, with a market cap of €12.65 billion.

Operations: Sodexo S.A. generates revenue from three primary regions: €8.30 billion in Europe, €10.74 billion in North America, and €4.12 billion from the rest of the world.

Dividend Yield: 3.6%

Sodexo's dividend payments have been volatile over the past decade, but recent financials show improvement. The company reported Q3 2024 revenues of €6.1 billion, up 5.6% year-on-year, and expects organic revenue growth at the top of the +6 to +8% range for fiscal 2024. With a payout ratio of 63.2% and cash payout ratio at 44%, dividends are well covered by earnings and cash flows, though its yield is lower than top French dividend payers.

• Delve into the full analysis dividend report here for a deeper understanding of Sodexo.
• Our valuation report unveils the possibility Sodexo's shares may be trading at a premium.

Summing It All Up

• Gain an insight into the universe of 34 Top Euronext Paris Dividend Stocks by clicking here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Looking For Alternative Opportunities?

• 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