Amid renewed fears about global economic growth, the French CAC 40 Index recently dropped 3.65%, reflecting broader declines across European markets. As investors seek stability in uncertain times, dividend stocks on Euronext Paris offer a compelling option for those looking to generate consistent income. In the current market environment, characterized by volatility and economic uncertainty, a good dividend stock typically combines reliable earnings with a strong payout history.
Top 10 Dividend Stocks In France
Name
Dividend Yield
Dividend Rating
Vicat (ENXTPA:VCT)
6.58%
★★★★★★
Rubis (ENXTPA:RUI)
8.24%
★★★★★★
CBo Territoria (ENXTPA:CBOT)
6.84%
★★★★★★
VIEL & Cie société anonyme (ENXTPA:VIL)
3.62%
★★★★★☆
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)
Overview: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative offers a range of banking products and services to diverse customer segments in France, with a market cap of €893.12 million.
Operations: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative generates revenue by providing banking products and services to a variety of customer segments, including individuals, professionals and associations, farmers, businesses, private banking clients, and public and social housing community clients in France.
Dividend Yield: 6.1%
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative recently reported a modest earnings increase, with net income rising to €114.91 million for the half-year ended June 30, 2024. The company offers a high and reliable dividend yield of 6.07%, supported by a low payout ratio of 29.8%. Its dividends have been stable and growing over the past decade, placing it in the top tier of French dividend payers.
Overview: Eiffage SA operates in construction, property and urban development, civil engineering, metallic construction, roads, energy systems, and concessions both in France and internationally with a market cap of approximately €9.17 billion.
Operations: Eiffage SA generates revenue from various segments including Concessions (€4.04 billion), Construction (€4.01 billion), Energy Systems (€6.49 billion), and Infrastructures (€8.78 billion).
Dividend Yield: 4.3%
Eiffage SA's recent earnings report showed increased sales of €11.41 billion but a slight dip in net income to €382 million for the half-year ended June 30, 2024. The company's dividend yield of 4.27% is below the top tier in France, and its dividend history has been volatile and unreliable over the past decade. However, dividends are well-covered by both earnings (38.6% payout ratio) and cash flows (16.4% cash payout ratio).
Overview: Infotel SA designs, develops, markets, and maintains software solutions focused on security, performance, and management worldwide with a market cap of €258.58 million.
Operations: Infotel SA generates revenue from two main segments: Services (€296.02 million) and Software (€11.53 million).
Dividend Yield: 5.4%
Infotel's dividend payments have grown over the past decade, though they have been volatile. The current payout ratio of 76.2% indicates dividends are covered by earnings, and a cash payout ratio of 63.7% ensures coverage by cash flows. Despite trading at good value compared to peers and being 53.7% below its estimated fair value, Infotel’s dividend yield of 5.36% remains below the top tier in France (5.62%).
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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.
Companies discussed in this article include ENXTPA:CRLA ENXTPA:FGR and ENXTPA:INF.