Top Dividend Stocks On Euronext Paris In July 2024

Amidst a backdrop of fluctuating global markets, France's CAC 40 Index has shown resilience, climbing by 0.63% as investors respond positively to easing U.S. inflation and its implications on European financial policies. This environment may influence dividend stock performance on the Euronext Paris, highlighting the importance of stable dividends in uncertain economic times.

Top 10 Dividend Stocks In France

Name	Dividend Yield	Dividend Rating
Rubis (ENXTPA:RUI)	7.08%	★★★★★★
CBo Territoria (ENXTPA:CBOT)	6.84%	★★★★★★
Métropole Télévision (ENXTPA:MMT)	9.74%	★★★★★☆
Carrefour (ENXTPA:CA)	6.15%	★★★★★☆
Teleperformance (ENXTPA:TEP)	3.43%	★★★★★☆
Arkema (ENXTPA:AKE)	4.26%	★★★★★☆
Sanofi (ENXTPA:SAN)	4.09%	★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)	4.02%	★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)	4.35%	★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)	8.77%	★★★★★☆

Click here to see the full list of 37 stocks from our Top Euronext Paris Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Exacompta Clairefontaine (ENXTPA:ALEXA)

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

Overview: Exacompta Clairefontaine S.A. operates in the production, finishing, and formatting of papers across France, Europe, and internationally, with a market capitalization of approximately €174.25 million.

Operations: Exacompta Clairefontaine S.A. generates revenue primarily through its Paper and Processing segments, with earnings of €368.58 million and €613.23 million respectively.

Dividend Yield: 4.4%

Exacompta Clairefontaine's dividend yield of 4.35% trails behind the top quartile of French dividend stocks, yet its financials suggest stability and growth potential. The company has consistently increased its dividends over the last decade and maintained a stable payout, supported by a low payout ratio of 17.6% and an even lower cash payout ratio of 10.3%. Additionally, its price-to-earnings ratio at 4x is significantly below the broader French market average, indicating potential undervaluation despite recent share price volatility.

• Delve into the full analysis dividend report here for a deeper understanding of Exacompta Clairefontaine.
• Our expertly prepared valuation report Exacompta Clairefontaine implies its share price may be too high.

Groupe Guillin (ENXTPA:ALGIL)

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

Overview: Groupe Guillin S.A. is a company based in France that manufactures and distributes food packaging products globally, with a market capitalization of approximately €550.90 million.

Operations: Groupe Guillin S.A. generates revenue primarily through its Material Sector, which contributes €48.24 million, and its Packaging Sector, with revenues of €837.39 million.

Dividend Yield: 3.7%

Groupe Guillin's dividend yield of 3.69% is below the top quartile in France, yet its dividends are sustainably covered with a payout ratio of 27% and a cash payout ratio of 18.5%, indicating financial prudence. Despite trading at good value relative to peers and being 62.3% below our fair value estimate, its dividend track record has been unstable over the past decade, reflecting some volatility in payments despite recent earnings growth of 47.9%.

• Navigate through the intricacies of Groupe Guillin with our comprehensive dividend report here.
• According our valuation report, there's an indication that Groupe Guillin's share price might be on the cheaper side.

TF1 (ENXTPA:TFI)

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

Overview: TF1 SA operates in broadcasting, studios and entertainment, and digital sectors both in France and globally, with a market capitalization of approximately €1.73 billion.

Operations: TF1 SA generates revenue through Newen Studios at €385.70 million and its Media segment, which includes digital activities, at €2.01 billion.

Dividend Yield: 6.7%

TF1's dividend yield of 6.71% ranks well in the French market, surpassing the average of 5.32%. Despite this, its dividends have shown inconsistency over the past decade with no growth and some volatility. The dividends are supported by a payout ratio of 59.9% and a cash payout ratio of 48.3%, indicating coverage from both earnings and cash flows, which suggests financial stability in its ability to maintain payouts at current levels.

• Dive into the specifics of TF1 here with our thorough dividend report.
• The analysis detailed in our TF1 valuation report hints at an deflated share price compared to its estimated value.

Where To Now?

• Take a closer look at our Top Euronext Paris Dividend Stocks list of 37 companies by clicking here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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• 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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