Top 3 Dividend Stocks To Watch On Euronext Paris

The French stock market has recently shown resilience, with the CAC 40 Index advancing by 2.48% amid growing hopes for another round of interest rate cuts. As the Eurozone economy maintains its steady growth, investors are increasingly looking at dividend stocks as a reliable source of income in these dynamic times. In this context, a good dividend stock typically combines consistent payout history with solid financial health and growth potential. Here are three top dividend stocks on Euronext Paris that stand out in the current market environment.

Top 10 Dividend Stocks In France

Name	Dividend Yield	Dividend Rating
Vicat (ENXTPA:VCT)	6.51%	★★★★★★
Rubis (ENXTPA:RUI)	7.06%	★★★★★★
CBo Territoria (ENXTPA:CBOT)	6.88%	★★★★★★
Samse (ENXTPA:SAMS)	6.02%	★★★★★☆
Arkema (ENXTPA:AKE)	4.35%	★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)	4.01%	★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)	5.83%	★★★★★☆
Exacompta Clairefontaine (ENXTPA:ALEXA)	4.62%	★★★★★☆
Piscines Desjoyaux (ENXTPA:ALPDX)	8.23%	★★★★★☆
Infotel (ENXTPA:INF)	5.18%	★★★★☆☆

Click here to see the full list of 34 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Boiron (ENXTPA:BOI)

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

Overview: Boiron SA manufactures and sells homeopathic medicines in France, Europe, North America, and internationally with a market cap of €564.27 million.

Operations: Boiron SA generates €493.25 million in revenue from the manufacture and marketing of homeopathic medicines and other healthcare solutions.

Dividend Yield: 4.2%

Boiron's dividend payments are covered by both earnings (Payout Ratio: 65.4%) and cash flows (Cash Payout Ratio: 85.3%), indicating sustainability despite a volatile track record over the past decade, with annual drops exceeding 20%. While its dividend yield of 4.15% is lower than the top quartile of French dividend payers, Boiron trades at a significant discount to its estimated fair value, suggesting good relative value in the market.

• Delve into the full analysis dividend report here for a deeper understanding of Boiron.
• Our expertly prepared valuation report Boiron implies its share price may be lower than expected.

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, with a market cap of €420.85 million, offers a range of banking products and services in France.

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

Dividend Yield: 4.8%

Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative (CRTO) offers a reliable dividend yield of 4.75%, though it is lower than the top 25% of French dividend payers. The company's dividends have been stable and growing over the past decade, supported by a low payout ratio of 17.9%. However, insufficient data makes it challenging to predict future dividend sustainability or coverage by earnings in three years.

• Dive into the specifics of Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative here with our thorough dividend report.
• Our valuation report here indicates Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative may be undervalued.

Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)

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

Overview: Électricite de Strasbourg Société Anonyme supplies electricity and natural gas to individuals, businesses, and local authorities in France, with a market cap of €774.29 million.

Operations: Électricite de Strasbourg Société Anonyme generates revenue primarily from its electricity distribution segment (€288.95 million) and the production and distribution of electricity and gas (€1.40 billion).

Dividend Yield: 8%

Électricite de Strasbourg Société Anonyme offers a high dividend yield of 7.96%, placing it in the top 25% of French dividend payers. However, its dividends are not well covered by free cash flows or earnings, raising concerns about sustainability. Despite a reasonable payout ratio of 66%, the company's dividend payments have been volatile over the past decade, and recent earnings growth of 69.9% may not fully mitigate these risks.

• Unlock comprehensive insights into our analysis of Électricite de Strasbourg Société Anonyme stock in this dividend report.
• According our valuation report, there's an indication that Électricite de Strasbourg Société Anonyme's share price might be on the cheaper side.

Next Steps

• Gain an insight into the universe of 34 Top Euronext Paris Dividend Stocks by clicking here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

Looking For Alternative Opportunities?

• 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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