Amidst a backdrop of political shifts and economic adjustments, the French market has shown resilience with notable gains in indices like the CAC 40. As investors navigate this landscape, dividend stocks on the Euronext Paris present an appealing option for those seeking yields starting at 3.4%, offering a blend of potential income and stability in a fluctuating environment.
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 €0.44 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 contributed €253.67 million, and its Management for Own Account and Miscellaneous activities, which added another €92.57 million.
Dividend Yield: 4.6%
Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou offers a stable dividend yield of 4.59%, supported by a low payout ratio of 17.9%, indicating strong coverage by earnings. Over the past decade, dividends per share have shown consistent growth and reliability, with earnings increasing by 19.5% last year alone. However, its dividend yield is below the top quartile in the French market at 5.21%. Additionally, it trades at a significant discount, valued at 56.4% below estimated fair value.
Overview: Métropole Télévision S.A. operates in the media sector, offering a diverse array of programs, products, and services across multiple platforms, with a market capitalization of approximately €1.58 billion.
Operations: Métropole Télévision S.A. generates revenue primarily through its television segment, which brought in €1.05 billion, supplemented by its radio operations at €166.2 million, production and audiovisual rights at €153.7 million, and other diversification activities totaling €38.5 million.
Dividend Yield: 9.9%
Métropole Télévision S.A. approved a dividend of €1.25 per share for 2023, yielding 9.7%, with payments starting on May 3, 2024. Despite a high yield, the company's dividends have shown volatility over the past decade and are covered by earnings and cash flows with payout ratios of 67.2% and 70.8%, respectively. However, earnings are expected to decline by an average of 7.3% annually over the next three years, questioning future sustainability despite current coverage and recent increases in dividend payments.
Overview: Teleperformance SE operates globally, providing customer consultancy services, with a market capitalization of approximately €6.73 billion.
Operations: Teleperformance SE generates revenue through various segments, with €2.54 billion from Core Services & D.I.B.S in North America & Asia-Pacific, €2.54 billion in Europe, Middle East & Africa (EMEA), €1.57 billion in LATAM, and €343 million combined with Majorel; Specialized Services contribute an additional €1.36 billion.
Dividend Yield: 3.4%
Teleperformance SE offers a stable dividend yield of 3.41%, consistently paid over the last decade with growth in payments. With a payout ratio of 37.5% and cash payout ratio at 20.1%, dividends are well-supported by both earnings and cash flows, indicating sustainability despite its relatively low yield compared to top French dividend stocks (5.21%). However, the company's share price has been highly volatile recently, and it carries a high debt level, which could pose risks to its financial stability.
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.
Companies discussed in this article include ENXTPA:CRTOENXTPA:MMT and
