Stock Analysis

3 Top Euronext Paris Dividend Stocks Yielding Up To 7.2%

ENXTPA:LOUP
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As global markets react to China's robust stimulus measures, European indices have shown notable resilience, with France's CAC 40 Index climbing nearly 4% recently. Against this backdrop of economic optimism and potential interest rate cuts in Europe, dividend stocks on the Euronext Paris can offer a compelling opportunity for income-focused investors. In this article, we will explore three top dividend stocks listed on Euronext Paris that are yielding up to 7.2%. These stocks not only provide attractive yields but also exhibit strong fundamentals that align well with the current market conditions.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Vicat (ENXTPA:VCT)5.67%★★★★★★
Rubis (ENXTPA:RUI)8.08%★★★★★★
Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)7.93%★★★★★☆
Arkema (ENXTPA:AKE)4.09%★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)5.83%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)3.74%★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)4.75%★★★★★☆
Samse (ENXTPA:SAMS)6.41%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)7.78%★★★★★☆
Infotel (ENXTPA:INF)4.66%★★★★☆☆

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.

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 €2.51 billion.

Operations: Société BIC SA's revenue segments include Flame for Life (€820 million), Blade Excellence (€540 million), and Human Expression (€838 million).

Dividend Yield: 4.7%

Société BIC is trading at 31.4% below its estimated fair value and has a forecasted earnings growth of 6.43% per year. The company's dividends, covered by both earnings (55.4%) and cash flows (41.9%), have been volatile over the past decade but have increased overall in that period. Recent events include a share buyback program, executive changes, and stable net income despite slight declines in sales for Q2 2024 compared to the previous year.

ENXTPA:BB Dividend History as at Oct 2024
ENXTPA:BB Dividend History as at Oct 2024

L.D.C (ENXTPA:LOUP)

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

Overview: L.D.C. S.A. produces and sells poultry and processed products in France and internationally, with a market cap of €2.46 billion.

Operations: L.D.C. S.A.'s revenue segments include €847.43 million from abroad, €4.52 billion from poultry, and €916.89 million from processed products.

Dividend Yield: 3.8%

L.D.C. S.A. is trading at 62.4% below its estimated fair value with a recent 2:1 stock split on September 30, 2024. Its dividend yield of 3.8% is lower than the top quartile in France, but payments have grown over the past decade despite being volatile and sometimes unstable. The dividends are well covered by both earnings (20.5%) and cash flows (47.4%). Earnings have grown by 16.5% annually over the last five years, indicating strong financial health.

ENXTPA:LOUP Dividend History as at Oct 2024
ENXTPA:LOUP Dividend History as at Oct 2024

Manitou BF (ENXTPA:MTU)

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

Overview: Manitou BF SA, with a market cap of €712.51 million, develops, manufactures, and provides equipment and services globally through its subsidiaries.

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

Dividend Yield: 7.3%

Manitou BF has a dividend yield of 7.25%, placing it in the top 25% of French dividend payers, with dividends well-covered by earnings (payout ratio: 31.7%) and cash flows (cash payout ratio: 65.5%). However, its dividend track record is unstable and volatile over the past nine years. Recent earnings for H1 2024 showed sales at €1.41 billion and net income at €81.75 million, up from €62.53 million a year ago, indicating solid financial performance despite high debt levels.

ENXTPA:MTU Dividend History as at Oct 2024
ENXTPA:MTU Dividend History as at Oct 2024

Summing It All Up

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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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