Stock Analysis

Discover 3 Euronext Paris Dividend Stocks With Yields Up To 9.6%

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Amidst a backdrop of escalating trade tensions and fluctuating market indices, the French stock market has shown resilience, with the CAC 40 Index navigating through these challenges. In this environment, dividend stocks on the Euronext Paris can offer investors potential stability and yield opportunities, making them an attractive consideration for those looking to enhance their portfolios.

Top 10 Dividend Stocks In France

NameDividend YieldDividend Rating
Rubis (ENXTPA:RUI)6.99%★★★★★★
CBo Territoria (ENXTPA:CBOT)6.82%★★★★★★
Métropole Télévision (ENXTPA:MMT)9.69%★★★★★☆
Teleperformance (ENXTPA:TEP)3.63%★★★★★☆
Arkema (ENXTPA:AKE)4.16%★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)4.03%★★★★★☆
Samse (ENXTPA:SAMS)6.01%★★★★★☆
Sanofi (ENXTPA:SAN)4.02%★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)4.47%★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)8.85%★★★★★☆

Click here to see the full list of 38 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative (ENXTPA:CRTO)

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

Overview: Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative operates as a cooperative bank in France, offering a range of banking products and services, with a market capitalization of approximately €0.43 billion.

Operations: Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative generates revenue primarily through its Proximity Bank segment, which earned €253.67 million, and its Management for Own Account and Miscellaneous activities, contributing €92.57 million.

Dividend Yield: 4.6%

Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative (CRTO) offers a stable dividend yield of 4.64%, underpinned by a conservative payout ratio of 17.9%, ensuring dividends are well covered by earnings. Despite its reliability and a decade of consistent growth, CRTO's yield remains modest compared to the top quartile in France’s dividend market at 5.33%. Additionally, the stock is currently valued at 56.9% below estimated fair value, suggesting potential for appreciation.

ENXTPA:CRTO Dividend History as at Jul 2024

Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)

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

Overview: Électricite de Strasbourg Société Anonyme operates in France, supplying electricity and natural gas to individuals, businesses, and local authorities, with a market capitalization of approximately €763.54 million.

Operations: Électricite de Strasbourg Société Anonyme generates revenue through segments including Electricity Distribution (€288.95 million) and Production and Distribution of Electricity and Gas (€1.40 billion).

Dividend Yield: 8.1%

Électricite de Strasbourg has seen a 69.9% earnings growth over the past year, yet its dividend sustainability is questionable with no free cash flows and dividends not well covered by these flows. Despite an attractive yield of 8.08%, higher than the French market average of 5.33%, the payments have been volatile, experiencing significant drops. The stock trades at a substantial discount, 47.3% below estimated fair value, potentially indicating undervaluation or underlying issues.

ENXTPA:ELEC Dividend History as at Jul 2024

Métropole Télévision (ENXTPA:MMT)

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

Overview: Métropole Télévision S.A. operates in the media sector, offering a diverse array of programs, products, and services across different platforms, with a market capitalization of approximately €1.62 billion.

Operations: Métropole Télévision S.A. generates revenue primarily through its television segment, which brings in €1.05 billion, supplemented by its radio operations at €166.20 million, production and audiovisual rights at €153.70 million, and other diversification activities contributing €38.50 million.

Dividend Yield: 9.7%

Métropole Télévision offers a high dividend yield of 9.69%, outpacing the French market average. Despite an impressive 45% earnings growth last year, forecasts suggest a potential decline in earnings by 7.6% annually over the next three years. The company's dividends, while covered by both earnings and cash flows with payout ratios of 67.2% and 70.8% respectively, have shown volatility and inconsistency over the past decade. Recent leadership changes could impact future performance and dividend policies.

ENXTPA:MMT 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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