Top 3 Dividend Stocks To Watch On Euronext Paris

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As the European Central Bank's recent interest rate cut has buoyed France's CAC 40 Index by 1.54%, investors are increasingly looking at dividend stocks as a stable source of income amid market fluctuations. In this context, selecting dividend stocks with strong fundamentals and consistent payout histories can be an effective strategy for navigating the current economic landscape.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

6.21%

★★★★★★

Rubis (ENXTPA:RUI)

8.48%

★★★★★★

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.75%

★★★★★☆

Arkema (ENXTPA:AKE)

4.42%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.62%

★★★★★☆

Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA)

5.89%

★★★★★☆

Samse (ENXTPA:SAMS)

6.92%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

7.94%

★★★★★☆

Trigano (ENXTPA:TRI)

3.55%

★★★★☆☆

Rexel (ENXTPA:RXL)

4.79%

★★★★☆☆

Click here to see the full list of 36 stocks from our Top Euronext Paris Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

ABC arbitrage

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

Overview: ABC arbitrage SA, with a market cap of €268.20 million, develops arbitrage strategies for liquid assets globally through its subsidiaries.

Operations: ABC arbitrage SA generates €39.81 million in revenue from its arbitrage trading activities.

Dividend Yield: 9.8%

ABC arbitrage offers a high dividend yield of 9.76%, placing it in the top 25% of dividend payers in France. However, its dividend payments have been volatile over the past decade and are not well covered by free cash flows, with a cash payout ratio of 131%. Despite trading at 51.1% below its estimated fair value and a low payout ratio of 32.6%, the sustainability and reliability of its dividends remain concerns for investors.

ENXTPA:ABCA Dividend History as at Sep 2024
ENXTPA:ABCA Dividend History as at Sep 2024

Exacompta Clairefontaine

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

Overview: Exacompta Clairefontaine S.A. produces, finishes, and formats papers in France, Europe, and internationally with a market cap of €159.54 million.

Operations: Exacompta Clairefontaine S.A. generates revenue from two main segments: Paper (€368.58 million) and Processing (€613.23 million).

Dividend Yield: 4.8%

Exacompta Clairefontaine's dividend payments are well-covered by earnings (payout ratio: 17.6%) and cash flows (cash payout ratio: 10.3%). The company offers a reliable dividend yield of 4.75%, though it is lower than the top 25% of French dividend payers. Dividends have been stable and growing over the past decade, supported by significant earnings growth of 59.4% in the past year, despite recent share price volatility.