Stock Analysis

Top Dividend Stocks On Euronext Paris With Yields Up To 7.9%

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As European markets experience a modest uptick, with France's CAC 40 Index gaining 0.48% amid hopes for quicker interest rate cuts by the European Central Bank, investors are increasingly looking towards dividend stocks as a reliable income source in uncertain economic times. In this context, identifying strong dividend stocks on Euronext Paris involves evaluating companies with stable earnings and a history of consistent payouts, which can offer attractive yields even when broader market conditions fluctuate.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Vicat (ENXTPA:VCT)5.72%★★★★★★
Rubis (ENXTPA:RUI)7.95%★★★★★★
Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)8.11%★★★★★☆
Arkema (ENXTPA:AKE)4.25%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)3.74%★★★★★☆
Samse (ENXTPA:SAMS)6.80%★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)6.02%★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)4.79%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)7.81%★★★★★☆
Infotel (ENXTPA:INF)4.75%★★★★☆☆

Click here to see the full list of 32 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 is a global manufacturer and seller of stationery, lighters, shavers, and other products with a market cap of €2.49 billion.

Operations: Société BIC SA generates its revenue through distinct segments, including Flame for Life (€820 million), Blade Excellence (€540 million), and Human Expression (€838 million).

Dividend Yield: 4.8%

Société BIC's dividend payments, though covered by earnings and cash flows with payout ratios of 55.4% and 41.9% respectively, have been volatile over the past decade, impacting reliability. Despite this instability, dividends have grown over ten years but remain below top-tier yields in France at 4.76%. Recent earnings growth of 19.6% supports future payouts amid modest sales forecasts for 2024. The company trades at a good value relative to peers and recently completed a significant share buyback program worth €98.95 million.

ENXTPA:BB Dividend History as at Oct 2024

Ipsos (ENXTPA:IPS)

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

Overview: Ipsos SA, with a market cap of €2.31 billion, operates through its subsidiaries to provide survey-based research services for companies and institutions across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Operations: Ipsos SA generates revenue of €2.44 billion from its survey-based research services across various global regions.

Dividend Yield: 3.1%

Ipsos's dividend payments are well-supported by earnings and cash flows, with payout ratios of 39.3% and 25.3%, respectively. However, the dividends have been volatile over the past decade, affecting their reliability despite recent growth. The yield is relatively low at 3.08% compared to France's top dividend payers. Recent earnings growth highlights a positive outlook, with half-year sales reaching €1.14 billion and net income improving to €77.95 million from the previous year’s figures.

ENXTPA:IPS Dividend History as at Oct 2024

Manitou BF (ENXTPA:MTU)

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

Overview: Manitou BF SA, along with its subsidiaries, develops, manufactures, and provides equipment and services globally, with a market capitalization of approximately €648.23 million.

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

Dividend Yield: 8%

Manitou BF's dividend yield of 7.97% places it among the top 25% in France, supported by a low payout ratio of 31.7%, ensuring coverage by earnings and cash flows despite a higher cash payout ratio of 65.5%. Recent earnings growth, with net income rising to €81.75 million for the first half of 2024, contrasts with forecasts for declining future earnings. However, its dividend history is less stable and has been volatile over nine years.

ENXTPA:MTU Dividend History as at Oct 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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