Stock Analysis

3 Dividend Stocks On Euronext Paris Yielding Over 4.2%

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With the European Central Bank's recent decision to cut interest rates for a second consecutive meeting, expectations for further monetary easing have buoyed major stock indexes across Europe, including France's CAC 40 Index. In this environment of potential economic support, dividend stocks on Euronext Paris yielding over 4.2% can offer investors an attractive income stream while navigating the current market dynamics.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Vicat (ENXTPA:VCT)5.86%★★★★★★
Rubis (ENXTPA:RUI)7.94%★★★★★★
Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)8.08%★★★★★☆
Arkema (ENXTPA:AKE)4.31%★★★★★☆
Samse (ENXTPA:SAMS)6.60%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)3.60%★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)5.64%★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)4.82%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)8.06%★★★★★☆
Eiffage (ENXTPA:FGR)4.70%★★★★☆☆

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

Underneath we present a selection of stocks filtered out by our screen.

Société Marseillaise du Tunnel Prado Carénage (ENXTPA:ALTPC)

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

Overview: Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France, with a market cap of €163.45 million.

Operations: Société Marseillaise du Tunnel Prado Carénage generates its revenue from the transportation infrastructure segment, amounting to €38.12 million.

Dividend Yield: 7.5%

Société Marseillaise du Tunnel Prado Carénage offers a high dividend yield of 7.5%, ranking in the top 25% of French dividend payers. However, its dividends are not well covered by earnings, indicated by a payout ratio of 123.7%, though they are supported by cash flows with a cash payout ratio of 74.6%. Despite past volatility and unreliability in dividends, the company has seen growth over the last decade and trades below estimated fair value.

ENXTPA:ALTPC Dividend History as at Oct 2024

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 €2.78 billion.

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

Dividend Yield: 4.3%

Société BIC's dividend yield of 4.26% is below the top quartile of French dividend payers, but its dividends are well-covered by earnings and cash flows, with a payout ratio of 55.4% and a cash payout ratio of 41.9%. Despite past volatility in dividend payments, there has been growth over the last decade. Recent earnings reports show an increase in net income to €73.6 million for Q3 2024 from €59.8 million a year ago, indicating strong profitability trends amidst stable financial management practices like share buybacks worth €98.95 million completed recently.

ENXTPA:BB Dividend History as at Oct 2024

Infotel (ENXTPA:INF)

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

Overview: Infotel SA is a company that designs, develops, markets, and maintains software solutions focused on security, performance, and management worldwide with a market capitalization of €291.79 million.

Operations: Infotel SA generates revenue primarily from its Services segment, contributing €286.69 million, and its Software segment, which accounts for €11.53 million.

Dividend Yield: 4.8%

Infotel's dividend yield of 4.75% falls short of the top quartile in France, but its dividends are well-supported by earnings and cash flows, with an 83.3% payout ratio and a 40.6% cash payout ratio. Although the company has increased dividends over the past decade, payments have been inconsistent due to volatility exceeding 20%. Recent earnings show a decline in net income to €7.97 million for H1 2024 from €9.5 million last year amidst stable financial management practices.

ENXTPA:INF 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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