Top Dividend Stocks On Euronext Paris Yielding Up To 6.9%

In This Article:

As European inflation nears the central bank's target, the French market has shown resilience with the CAC 40 Index adding 0.71%. This positive momentum provides a favorable backdrop for dividend stocks, which can offer steady income streams in times of economic stability. In this environment, good dividend stocks are those that not only provide attractive yields but also demonstrate strong fundamentals and consistent payout histories. Here are three top dividend stocks on Euronext Paris yielding up to 6.9%.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

6.49%

★★★★★★

Rubis (ENXTPA:RUI)

6.89%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.86%

★★★★★★

Samse (ENXTPA:SAMS)

6.10%

★★★★★☆

Arkema (ENXTPA:AKE)

4.25%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.88%

★★★★★☆

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

5.94%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.65%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.00%

★★★★★☆

Eiffage (ENXTPA:FGR)

4.34%

★★★★☆☆

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

We'll examine a selection from our screener results.

CBo Territoria

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

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

Operations: CBo Territoria SA generates revenue from land sales (€25.51 million) and property promotion activities (€58.08 million).

Dividend Yield: 6.9%

CBo Territoria offers a compelling dividend profile with a yield of 6.86%, placing it in the top 25% of French dividend payers. The company has maintained stable and growing dividends over the past decade, supported by a reasonable payout ratio (61%) and strong cash flow coverage (25.4%). Despite its high level of debt, CBOT's Price-To-Earnings ratio of 8.9x indicates good value compared to the broader French market at 15x.

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

Samse

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

Overview: Samse SA, with a market cap of €562.19 million, distributes building materials and tools in France.

Operations: Samse SA generates revenue from two primary segments: Trading (€1.74 billion) and Do-It-Yourself (€431.46 million).

Dividend Yield: 6.1%

Samse offers a dividend yield of 6.1%, placing it in the top 25% of French dividend payers. Despite a history of volatility in its dividends over the past decade, recent payments are well-covered by earnings (payout ratio: 44.8%) and cash flows (cash payout ratio: 36.8%). Trading at 3.3% below its estimated fair value, Samse presents good relative value compared to peers and industry benchmarks, although its unstable dividend track record remains a concern for some investors.