Top Dividend Stocks To Watch On Euronext Paris September 2024

In This Article:

As the rally triggered by the U.S. Federal Reserve’s interest rate cut begins to fade, investors in France are closely watching the CAC 40 Index, which has shown a modest gain of 0.47%. With this cautious optimism in mind, it's an opportune moment to consider dividend stocks that offer both stability and income. In light of current market conditions, a good dividend stock typically combines strong fundamentals with consistent payout history, making it an attractive option for those looking to navigate economic uncertainties while securing steady returns.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

5.70%

★★★★★★

Rubis (ENXTPA:RUI)

8.22%

★★★★★★

Électricite de Strasbourg Société Anonyme (ENXTPA:ELEC)

8.04%

★★★★★☆

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

5.87%

★★★★★☆

Arkema (ENXTPA:AKE)

4.12%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.72%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.79%

★★★★★☆

Samse (ENXTPA:SAMS)

6.31%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

7.69%

★★★★★☆

Trigano (ENXTPA:TRI)

3.26%

★★★★☆☆

Click here to see the full list of 34 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Vinci

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

Overview: Vinci SA, with a market cap of €62.68 billion, operates in concessions, energy, and construction sectors both in France and internationally through its subsidiaries.

Operations: Vinci SA's revenue segments include Cobra IS (€6.74 billion), VINCI Energies (€19.76 billion), Concessions - VINCI Airports (€4.57 billion), Concessions - VINCI Autoroutes (€6.98 billion), VINCI Construction (Including Eurovia) (€31.83 billion), and VINCI Immobilier and Holding Companies (€1.18 billion).

Dividend Yield: 4.1%

Vinci SA's interim dividend of €1.05 per share, payable on 17 October 2024, reflects its commitment to returning capital to shareholders despite a mixed financial performance. For the half year ended June 30, 2024, Vinci reported sales of €34.25 billion and net income of €1.99 billion, slightly down from last year. The company's dividend payments are well-covered by earnings (55.8% payout ratio) and cash flows (34.7% cash payout ratio), though its high debt level remains a concern for long-term sustainability.

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

Wendel

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

Overview: Wendel is a private equity firm focusing on equity financing in middle markets and later stages through leveraged buy-outs, transactions, and acquisitions, with a market cap of €3.95 billion.