Publicis Groupe's dividend payments have been volatile over the past decade, but they have increased overall. Currently, the dividend yield of 3.74% is lower than the top quartile in France. However, dividends are covered by earnings (54.7% payout ratio) and cash flows (64.2% cash payout ratio). Recent upgrades in revenue guidance and strong H1 2024 earnings (€773 million net income) indicate potential for sustained growth despite macroeconomic uncertainties.

• Dive into the specifics of Publicis Groupe here with our thorough dividend report.

• Insights from our recent valuation report point to the potential undervaluation of Publicis Groupe shares in the market.

Rexel

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

Overview: Rexel S.A. and its subsidiaries distribute low and ultra-low voltage electrical products and services across residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific with a market cap of €6.58 billion.

Operations: Rexel S.A. generates €19.02 billion in revenue from its wholesale electronics segment.

Dividend Yield: 5.4%

Rexel S.A.'s dividend payments have been volatile and unreliable over the past decade, though they have increased overall. The dividends are well-covered by earnings (51.6% payout ratio) and cash flows (39.8% cash payout ratio). Despite a high level of debt, Rexel trades at good value compared to peers and industry benchmarks. Recent buybacks (€169.33 million) and strategic M&A pursuits indicate proactive financial management, although H1 2024 earnings showed a decline in net income to €351.9 million from €428.4 million last year.

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

• The analysis detailed in our Rexel valuation report hints at an deflated share price compared to its estimated value.

Key Takeaways

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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:AMUN ENXTPA:PUB and ENXTPA:RXL.

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