Top Dividend Stocks On Euronext Paris For October 2024

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As geopolitical tensions in the Middle East escalate, European markets, including France's CAC 40 Index, have experienced declines amid investor caution. Despite these challenges, dividend stocks on Euronext Paris may offer a measure of stability and income potential in uncertain times. In the current market environment, a good dividend stock is often characterized by consistent payout history and financial resilience.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

5.61%

★★★★★★

Rubis (ENXTPA:RUI)

7.96%

★★★★★★

Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)

7.89%

★★★★★☆

Arkema (ENXTPA:AKE)

4.01%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.70%

★★★★★☆

Samse (ENXTPA:SAMS)

6.76%

★★★★★☆

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

5.89%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.75%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

7.94%

★★★★★☆

Trigano (ENXTPA:TRI)

3.01%

★★★★☆☆

Click here to see the full list of 31 stocks from our Top Euronext Paris Dividend Stocks screener.

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

Sodexo

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

Overview: Sodexo S.A. is a global provider of food services and facilities management, with a market cap of €10.69 billion.

Operations: Sodexo S.A. generates its revenue from three main regions: €8.30 billion from Europe, €10.74 billion from North America, and €4.12 billion from the Rest of the World.

Dividend Yield: 4.3%

Sodexo's dividend payments are supported by a reasonable payout ratio of 63.2% and a low cash payout ratio of 44%, indicating coverage by both earnings and cash flows. Despite recent volatility in its dividend history, the company announced a special interim dividend of €6.24 per share in August 2024. While exploring potential overseas expansion through Aramark acquisition talks, Sodexo secured an upsized €1.75 billion credit facility to enhance liquidity, though it carries high debt levels.

ENXTPA:SW Dividend History as at Oct 2024
ENXTPA:SW Dividend History as at Oct 2024

TF1

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

Overview: TF1 SA operates in broadcasting, studios and entertainment, and digital businesses both in France and internationally, with a market cap of €1.67 billion.

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

Dividend Yield: 6.9%

TF1's dividends are backed by a reasonable payout ratio of 62.2% and a cash payout ratio of 53.3%, ensuring coverage by earnings and cash flows. Despite being among the top dividend payers in France, its dividend history has been unreliable and volatile over the past decade, with no growth in payments. Recent earnings showed slight declines in net income compared to last year, though sales have increased modestly to €1.10 billion for H1 2024.