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The French market has recently seen a notable decline, with the CAC 40 Index dropping by 3.54% amid global economic concerns and weak U.S. data influencing investor sentiment. Despite this downturn, dividend stocks remain an attractive option for investors seeking steady income and potential growth in uncertain times. In this article, we will explore three top dividend stocks on Euronext Paris that stand out for their strong fundamentals and consistent payout histories.

Top 10 Dividend Stocks In France

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.

CBo Territoria

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

Overview: CBo Territoria SA operates in urban planning, property development, and investment activities in France with a market cap of €125.34 million.

Operations: CBo Territoria SA's revenue segments include Land (€25.51 million) and Promotion (€58.08 million).

Dividend Yield: 6.9%

CBOT's dividend payments are well-covered by earnings (61% payout ratio) and free cash flows (25.4% cash payout ratio), ensuring sustainability. The company offers a high and reliable dividend yield of 6.86%, placing it in the top 25% of French dividend payers. With stable dividends over the past decade and a low price-to-earnings ratio of 8.9x compared to the market average, CBOT presents an attractive option for income-focused investors despite its high debt levels.

• Get an in-depth perspective on CBo Territoria's performance by reading our dividend report here.

• Our valuation report here indicates CBo Territoria may be overvalued.

Rubis

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

Overview: Rubis operates bulk liquid storage facilities for commercial and industrial customers across Europe, Africa, and the Caribbean, with a market cap of €2.96 billion.

Operations: Rubis generates revenue primarily from Energy Distribution (€6.58 billion) and Renewable Electricity Production (€48.64 million).

Dividend Yield: 7.0%

Rubis offers a high and reliable dividend yield of 6.96%, placing it in the top 25% of French dividend payers. Over the past decade, dividends have been stable and growing with minimal volatility. Despite a high level of debt, Rubis maintains sustainable dividends, covered by earnings (57.7% payout ratio) and cash flows (73.8% cash payout ratio). The company trades at a favorable price-to-earnings ratio of 8.4x compared to the market average, enhancing its appeal for income-focused investors.

• Delve into the full analysis dividend report here for a deeper understanding of Rubis.

• The valuation report we've compiled suggests that Rubis' current price could be quite moderate.

TF1

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

Overview: TF1 SA operates in broadcasting, studios and entertainment, and digital businesses in France and internationally, with a market cap of approximately €1.68 billion.

Operations: TF1 SA generates revenue primarily from Newen Studios (€377.40 million) and Media, including Digital (€2.06 billion).

Dividend Yield: 6.9%

TF1's dividend yield of 6.91% ranks in the top 25% of French dividend payers. The dividends are covered by earnings (62.2% payout ratio) and cash flows (53.3% cash payout ratio). However, the dividend payments have been volatile over the past decade and have not increased during this period. Recent earnings show a slight decline, with net income for H1 2024 at €96 million compared to €101.3 million a year ago, indicating potential challenges ahead.

• Click here and access our complete dividend analysis report to understand the dynamics of TF1.

• Our expertly prepared valuation report TF1 implies its share price may be lower than expected.

Key Takeaways

• Click through to start exploring the rest of the 31 Top Euronext Paris Dividend Stocks now.

• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.

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Seeking Other Investments?

• 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.

Companies discussed in this article include ENXTPA:CBOT ENXTPA:RUI and ENXTPA:TFI.

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