Top Dividend Stocks On Euronext Paris For Reliable Income

In This Article:

The French market, like many global indices, has felt the impact of weak U.S. economic data and concerns about growth, leading to a notable decline in the CAC 40 Index. Despite these challenges, dividend stocks on Euronext Paris continue to offer investors a reliable source of income amid market volatility. In this environment, selecting good dividend stocks involves looking for companies with strong fundamentals and consistent payout histories that can withstand economic fluctuations.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

6.53%

★★★★★★

Rubis (ENXTPA:RUI)

7.30%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.88%

★★★★★★

Samse (ENXTPA:SAMS)

5.99%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

4.06%

★★★★★☆

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

5.93%

★★★★★☆

Arkema (ENXTPA:AKE)

4.39%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.62%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.55%

★★★★★☆

Rexel (ENXTPA:RXL)

5.55%

★★★★☆☆

Click here to see the full list of 35 stocks from our Top Euronext Paris Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Piscines Desjoyaux

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

Overview: Piscines Desjoyaux SA designs, manufactures, and markets swimming pools and related products in France and internationally, with a market cap of €105.00 million.

Operations: Piscines Desjoyaux SA generates revenue through the design, manufacture, and marketing of swimming pools and related products both domestically and internationally.

Dividend Yield: 8.5%

Piscines Desjoyaux has demonstrated stable and growing dividend payments over the past decade, indicating reliability. However, recent earnings results showed a decline in sales to €49.1 million and net income to €2.51 million for H1 2024. Despite a reasonable payout ratio of 72.5%, the high cash payout ratio (486.2%) suggests dividends are not well covered by cash flows, raising concerns about sustainability despite an attractive yield of 8.55%.

ENXTPA:ALPDX Dividend History as at Aug 2024
ENXTPA:ALPDX Dividend History as at Aug 2024

Vinci

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

Overview: Vinci SA, with a market cap of €59.22 billion, operates in concessions, energy, and construction sectors both in France and internationally through its subsidiaries.

Operations: Vinci SA generates revenue from various segments, including Cobra IS (€6.74 billion), VINCI Energies (€19.76 billion), Concessions - VINCI Airports (€4.57 billion), Concessions - VINCI Autoroutes (€6.98 billion), and VINCI Construction (Including Eurovia) (€31.83 billion).