Amidst the backdrop of escalating Middle East tensions and cautious investor sentiment, France's CAC 40 Index recently experienced a notable decline of 3.21%, reflecting broader European market trends. In such volatile times, dividend stocks listed on Euronext Paris can offer income stability, as they often represent companies with strong fundamentals and a consistent track record of returning capital to shareholders.
Top 10 Dividend Stocks In France
Name
Dividend Yield
Dividend Rating
Vicat (ENXTPA:VCT)
5.56%
★★★★★★
Rubis (ENXTPA:RUI)
7.70%
★★★★★★
Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)
7.96%
★★★★★☆
Arkema (ENXTPA:AKE)
4.02%
★★★★★☆
VIEL & Cie société anonyme (ENXTPA:VIL)
3.69%
★★★★★☆
Samse (ENXTPA:SAMS)
6.78%
★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)
Overview: Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou Société Coopérative offers a range of banking products and services in France, with a market cap of €426.24 million.
Operations: Caisse Régionale de Crédit Agricole Mutuel de La Touraine et du Poitou Société Coopérative generates revenue from its Proximity Bank segment (€254.46 million) and Management for Own Account and Miscellaneous segment (€94.09 million).
Dividend Yield: 4.7%
Caisse Régionale de Crédit Agricole Mutuel de la Touraine et du Poitou Société Coopérative offers a reliable and stable dividend, with payments growing over the past decade. The recent earnings report showed net interest income of €92.82 million, up from €83.45 million last year, though net income slightly decreased to €66.09 million. Despite a lower dividend yield of 4.69% compared to top French payers, its low payout ratio of 17.9% suggests dividends are well covered by earnings and sustainable in the near term.
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 from its Electricity Distributor segment (€302.94 million) and the Production and Distribution of Electricity and Gas segment (€1.24 billion).
Dividend Yield: 8%
Électricité de Strasbourg Société Anonyme boasts a high dividend yield of 7.96%, placing it among the top 25% of French dividend payers. Despite this, its dividend history is marked by volatility, with occasional drops over 20%. The company's recent earnings report showed significant growth in net income to €79.29 million, suggesting improved financial health. Dividends are well covered by earnings and cash flows, with payout ratios at 43.8% and 38.6%, respectively, indicating sustainability despite past instability.
Overview: Samse SA is a company that distributes building materials and tools in France, with a market cap of €505.55 million.
Operations: Samse SA generates its revenue through two main segments: Trading, which accounts for €1.69 billion, and Do-It-Yourself, contributing €429.36 million.
Dividend Yield: 6.8%
Samse offers a competitive dividend yield of 6.78%, ranking it in the top 25% among French dividend payers. However, its dividend history has been volatile over the past decade, with periods of instability. Despite this, dividends are well covered by earnings and cash flows, with payout ratios at 79.7% and 28%, respectively. Recent earnings showed a decline in net income to €8.19 million from €41.61 million last year, potentially impacting future payouts.
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:CRTO ENXTPA:ELEC and ENXTPA:SAMS.
