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Top Dividend Stocks On Euronext Paris For October 2024

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As the CAC 40 Index in France experiences modest gains amid broader European hopes for quicker interest rate cuts by the ECB, investors are increasingly looking to dividend stocks as a stable income source amidst economic uncertainties. In this environment, selecting stocks with strong dividend yields and reliable payout histories can provide a cushion against market volatility and offer consistent returns.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

5.63%

★★★★★★

Rubis (ENXTPA:RUI)

7.97%

★★★★★★

Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)

8.04%

★★★★★☆

Arkema (ENXTPA:AKE)

4.18%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.69%

★★★★★☆

Samse (ENXTPA:SAMS)

6.62%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.82%

★★★★★☆

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

5.83%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

7.84%

★★★★★☆

Eiffage (ENXTPA:FGR)

4.57%

★★★★☆☆

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

Let's review some notable picks from our screened stocks.

Arkema

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

Overview: Arkema S.A. is a global manufacturer and seller of specialty chemicals and advanced materials, with a market cap of approximately €6.25 billion.

Operations: Arkema S.A.'s revenue is primarily derived from its Advanced Materials segment at €3.51 billion, followed by Adhesive Solutions at €2.71 billion, Coating Solutions at €2.39 billion, and Intermediates at €779 million.

Dividend Yield: 4.2%

Arkema's dividend is well-covered by earnings and cash flows, with a payout ratio of 76.4% and a cash payout ratio of 47%. The dividend has been stable and growing over the past decade, though its yield of 4.18% is below the top tier in France. Recent strategic moves, such as bio-based production initiatives and executive changes, aim to enhance long-term value creation. Despite lower earnings in H1 2024 compared to last year, Arkema remains focused on growth through acquisitions.

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

Gaztransport & Technigaz

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

Overview: Gaztransport & Technigaz SA is a technology and engineering company specializing in cryogenic membrane containment systems for maritime transportation and storage of liquefied gas and LNG globally, with a market cap of €4.76 billion.

Operations: Gaztransport & Technigaz generates revenue primarily from its Core Business Including Services, amounting to €530.73 million, and from Hydrogen, contributing €13.96 million.