Stock Analysis

Euronext Paris Top 3 Dividend Stocks To Consider

ENXTPA:VIL
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Amid renewed fears about global economic growth, the French CAC 40 Index has recently experienced a significant decline, dropping 3.65%. As investors navigate these turbulent times, dividend stocks can offer a measure of stability and income. In this article, we will explore three top dividend stocks listed on Euronext Paris that are worth considering.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Vicat (ENXTPA:VCT)6.28%★★★★★★
Rubis (ENXTPA:RUI)8.58%★★★★★★
CBo Territoria (ENXTPA:CBOT)6.76%★★★★★★
Exacompta Clairefontaine (ENXTPA:ALEXA)4.86%★★★★★☆
Arkema (ENXTPA:AKE)4.44%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)3.69%★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)5.89%★★★★★☆
Samse (ENXTPA:SAMS)6.58%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)8.00%★★★★★☆
Infotel (ENXTPA:INF)5.43%★★★★☆☆

Click here to see the full list of 36 stocks from our Top Euronext Paris Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

CFM Indosuez Wealth Management (ENXTPA:MLCFM)

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

Overview: CFM Indosuez Wealth Management SA, with a market cap of €630.30 million, provides banking and financial solutions to private investors, businesses, institutions, and professionals in Monaco and internationally.

Operations: CFM Indosuez Wealth Management SA generates €196.38 million from its wealth management segment.

Dividend Yield: 7.3%

CFM Indosuez Wealth Management offers a compelling dividend yield of 7.27%, placing it in the top 25% of French dividend payers. The payout ratio stands at 70.8%, indicating dividends are covered by earnings, although the track record has been unstable with volatility over the past decade. Despite this, earnings grew by 40.1% last year, and its price-to-earnings ratio of 10.4x suggests good value compared to the broader French market (14.8x).

ENXTPA:MLCFM Dividend History as at Sep 2024
ENXTPA:MLCFM Dividend History as at Sep 2024

Colas (ENXTPA:RE)

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

Overview: Colas SA constructs and maintains transport infrastructure worldwide, with a market cap of €5.71 billion.

Operations: Colas SA generates revenue from various segments, including €2.38 billion from Canada Routes, €471 million from Roads Asia-Pacific, €2.24 billion from Roads United States, €1.38 billion from Railways and Other Activities, €5.97 billion from Roads France-Overseas France/IO, and €3.36 billion from Roads EMEA (Europe-Middle East-Africa).

Dividend Yield: 4.2%

Colas has shown a 22.8% earnings growth over the past year, but large one-off items have impacted its financial results. The dividend payout ratio stands at 81.3%, indicating dividends are covered by earnings and cash flows (58.9%). However, the company has an unstable dividend track record with volatility over the past decade and a high level of debt. Its current dividend yield of 4.2% is lower than the top 25% of French dividend payers (5.35%).

ENXTPA:RE Dividend History as at Sep 2024
ENXTPA:RE Dividend History as at Sep 2024

VIEL & Cie société anonyme (ENXTPA:VIL)

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

Overview: VIEL & Cie, société anonyme, is an investment company offering interdealer broking, online trading, and private banking services across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region with a market cap of €665.67 million.

Operations: VIEL & Cie, société anonyme, generates revenue through its interdealer broking, online trading, and private banking services across various regions including Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Dividend Yield: 3.7%

VIEL & Cie, société anonyme reported a half-year revenue of €598.8 million and net income of €65.4 million, reflecting solid growth from the previous year. The dividend payout ratio is 25.8%, well-covered by earnings and cash flows (20.1%). Although its 3.69% yield is below the top tier in France, VIL has consistently increased dividends over the past decade with stable and reliable payments, making it a dependable choice for dividend investors despite not being top-tier in yield.

ENXTPA:VIL Dividend History as at Sep 2024
ENXTPA:VIL 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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