Stock Analysis

Three Solid Euronext Paris Dividend Stocks With Yields Up To 7.9%

ENXTPA:CRLA
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Amidst a backdrop of political uncertainty and rising bond yields in France, investors are closely monitoring the market for stable investment opportunities. In this environment, dividend stocks listed on Euronext Paris present an appealing option for those seeking regular income streams, especially with yields reaching up to 7.9%.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Rubis (ENXTPA:RUI)7.08%★★★★★★
Samse (ENXTPA:SAMS)9.47%★★★★★★
CBo Territoria (ENXTPA:CBOT)6.82%★★★★★★
Carrefour (ENXTPA:CA)6.22%★★★★★☆
Arkema (ENXTPA:AKE)4.09%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)4.01%★★★★★☆
Sanofi (ENXTPA:SAN)4.13%★★★★★☆
Teleperformance (ENXTPA:TEP)3.39%★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)4.21%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)7.94%★★★★★☆

Click here to see the full list of 37 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.

Piscines Desjoyaux (ENXTPA:ALPDX)

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

Overview: Piscines Desjoyaux SA is a company based in France that specializes in designing, manufacturing, and marketing swimming pools and related products globally, with a market capitalization of approximately €113.08 million.

Operations: Piscines Desjoyaux SA generates its revenue primarily through the design, manufacture, and sale of swimming pools and associated products across both French and international markets.

Dividend Yield: 7.9%

Piscines Desjoyaux's recent earnings reveal a downturn, with revenue dropping to €49.1 million from €61.54 million year-over-year and net income falling to €2.51 million from €6.28 million. Despite a high dividend yield of 7.94%, which ranks in the top 25% of French dividend payers, its sustainability is questionable due to a high cash payout ratio of 486.2%. While dividends have been reliable over the past decade, current financial challenges and insufficient cash flow coverage may impact future payouts.

ENXTPA:ALPDX Dividend History as at Jul 2024
ENXTPA:ALPDX Dividend History as at Jul 2024

Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)

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

Overview: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative operates as a cooperative bank in France, offering a range of banking products and services to diverse client groups, with a market capitalization of €1.03 billion.

Operations: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative generates €505.07 million from its retail banking operations in France.

Dividend Yield: 5.3%

Caisse Régionale de Crédit Agricole Mutuel du Languedoc offers a stable dividend history with a current yield of 5.17%, slightly below the top tier in the French market. Over the past decade, dividends have shown consistent growth and stability, supported by a low payout ratio of 30.9%, indicating good coverage by earnings. However, there's insufficient data to predict dividend sustainability over the next three years or confirm coverage by future cash flows. Trading at 61.2% below estimated fair value suggests potential undervaluation.

ENXTPA:CRLA Dividend History as at Jul 2024
ENXTPA:CRLA Dividend History as at Jul 2024

Publicis Groupe (ENXTPA:PUB)

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

Overview: Publicis Groupe S.A. is a global provider of marketing, communications, and digital business transformation services with a market capitalization of €25.25 billion.

Operations: Publicis Groupe S.A. generates €14.80 billion from its Advertising and Communication Services segment.

Dividend Yield: 3.4%

Publicis Groupe's dividend yield stands at 3.37%, lower than the French market's top quartile. Despite a 17% increase in its recent dividend to €3.40, the company's decade-long record shows inconsistent dividend payments, reflecting volatility and unreliable growth patterns. Dividends are supported by a payout ratio of 61% from earnings and a cash payout ratio of 45.5%, indicating reasonable coverage by both profits and cash flows. The stock is trading at a significant discount, priced 46.4% below estimated fair value, suggesting potential undervaluation amidst forecasts of annual earnings growth at 6.59%.

ENXTPA:PUB Dividend History as at Jul 2024
ENXTPA:PUB Dividend History as at Jul 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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