Top Dividend Stocks On Euronext Paris For October 2024

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As tensions in the Middle East escalate, European markets, including France's CAC 40 Index, have experienced notable declines, reflecting investor caution amid geopolitical uncertainties. Against this backdrop of volatility and potential interest rate adjustments by the ECB, dividend stocks on Euronext Paris offer a compelling opportunity for investors seeking steady income streams and resilience in turbulent times.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

5.57%

★★★★★★

Rubis (ENXTPA:RUI)

7.84%

★★★★★★

Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)

8.00%

★★★★★☆

Arkema (ENXTPA:AKE)

4.07%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.72%

★★★★★☆

Samse (ENXTPA:SAMS)

6.85%

★★★★★☆

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

6.00%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.69%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.03%

★★★★★☆

Eiffage (ENXTPA:FGR)

4.63%

★★★★☆☆

Click here to see the full list of 32 stocks from our Top Euronext Paris Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Société Marseillaise du Tunnel Prado Carénage

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

Overview: Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France, with a market cap of €165.79 million.

Operations: Société Marseillaise du Tunnel Prado Carénage generates revenue primarily from its Transportation Infrastructure segment, amounting to €38.12 million.

Dividend Yield: 7.4%

Société Marseillaise du Tunnel Prado Carénage offers a high dividend yield of 7.39%, placing it among the top 25% of French dividend payers. However, its dividends are not well covered by earnings, with a payout ratio of 123.7%. Cash flows cover the dividends more reasonably at a cash payout ratio of 74.6%. The company's dividend history is marked by volatility and unreliability over the past decade, despite some growth in payments during this period. Recent earnings show a decline in net income to €4.65 million for H1 2024 from €6.68 million last year, which may impact future dividend sustainability.

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

Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative

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

Overview: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative offers a range of banking products and services to diverse client groups in France, with a market cap of €903.80 million.