Top Dividend Stocks On Euronext Paris For October 2024

As geopolitical tensions in the Middle East escalate, European markets, including France's CAC 40 Index, have experienced declines amid investor caution. Despite these challenges, dividend stocks on Euronext Paris may offer a measure of stability and income potential in uncertain times. In the current market environment, a good dividend stock is often characterized by consistent payout history and financial resilience.

Top 10 Dividend Stocks In France

Name	Dividend Yield	Dividend Rating
Vicat (ENXTPA:VCT)	5.61%	★★★★★★
Rubis (ENXTPA:RUI)	7.96%	★★★★★★
Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)	7.89%	★★★★★☆
Arkema (ENXTPA:AKE)	4.01%	★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)	3.70%	★★★★★☆
Samse (ENXTPA:SAMS)	6.76%	★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)	5.89%	★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)	4.75%	★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)	7.94%	★★★★★☆
Trigano (ENXTPA:TRI)	3.01%	★★★★☆☆

Click here to see the full list of 31 stocks from our Top Euronext Paris Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Sodexo (ENXTPA:SW)

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

Overview: Sodexo S.A. is a global provider of food services and facilities management, with a market cap of €10.69 billion.

Operations: Sodexo S.A. generates its revenue from three main regions: €8.30 billion from Europe, €10.74 billion from North America, and €4.12 billion from the Rest of the World.

Dividend Yield: 4.3%

Sodexo's dividend payments are supported by a reasonable payout ratio of 63.2% and a low cash payout ratio of 44%, indicating coverage by both earnings and cash flows. Despite recent volatility in its dividend history, the company announced a special interim dividend of €6.24 per share in August 2024. While exploring potential overseas expansion through Aramark acquisition talks, Sodexo secured an upsized €1.75 billion credit facility to enhance liquidity, though it carries high debt levels.

• Get an in-depth perspective on Sodexo's performance by reading our dividend report here.
• Our expertly prepared valuation report Sodexo implies its share price may be lower than expected.

TF1 (ENXTPA:TFI)

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

Overview: TF1 SA operates in broadcasting, studios and entertainment, and digital businesses both in France and internationally, with a market cap of €1.67 billion.

Operations: TF1 SA generates its revenue from Newen Studios (€377.40 million) and Media, including Digital (€2.06 billion).

Dividend Yield: 6.9%

TF1's dividends are backed by a reasonable payout ratio of 62.2% and a cash payout ratio of 53.3%, ensuring coverage by earnings and cash flows. Despite being among the top dividend payers in France, its dividend history has been unreliable and volatile over the past decade, with no growth in payments. Recent earnings showed slight declines in net income compared to last year, though sales have increased modestly to €1.10 billion for H1 2024.

• Unlock comprehensive insights into our analysis of TF1 stock in this dividend report.
• In light of our recent valuation report, it seems possible that TF1 is trading behind its estimated value.

Trigano (ENXTPA:TRI)

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

Overview: Trigano S.A., with a market cap of €2.25 billion, designs, manufactures, markets, and sells leisure vehicles for individuals and professionals in Europe through its subsidiaries.

Operations: Trigano S.A. generates its revenue primarily from Leisure Vehicles, contributing €3.59 billion, and Leisure Equipment, adding €188.90 million.

Dividend Yield: 3%

Trigano's dividend yield of 3.01% is below the top tier in France, and while dividends are well covered by earnings with an 18.4% payout ratio, they are not supported by free cash flows due to a high cash payout ratio. Despite this, Trigano has maintained stable and growing dividends over the past decade. Recent earnings growth of 41.8% bolsters confidence in its ability to sustain payments, though future earnings are expected to decline.

• Click here to discover the nuances of Trigano with our detailed analytical dividend report.
• Our valuation report unveils the possibility Trigano's shares may be trading at a discount.

Summing It All Up

• Investigate our full lineup of 31 Top Euronext Paris Dividend Stocks right here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Want To Explore Some Alternatives?

• 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.

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