Top Three Euronext Paris Dividend Stocks For July 2024

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As the French market shows resilience with the CAC 40 Index climbing 2.62%, investors are keenly observing shifts in economic indicators and political landscapes that could influence market dynamics. In this context, dividend stocks remain a focal point for those seeking potential stability and steady returns amidst fluctuating markets.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Rubis (ENXTPA:RUI)

7.01%

★★★★★★

Samse (ENXTPA:SAMS)

9.67%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.88%

★★★★★★

Métropole Télévision (ENXTPA:MMT)

9.72%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.47%

★★★★★☆

Arkema (ENXTPA:AKE)

4.23%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

3.96%

★★★★★☆

Sanofi (ENXTPA:SAN)

4.01%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.24%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.70%

★★★★★☆

Click here to see the full list of 38 stocks from our Top Euronext Paris Dividend Stocks screener.

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

Wendel

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

Overview: Wendel is a private equity firm focusing on equity financing in middle-market and later-stage companies, primarily through leveraged buyouts and acquisitions, with a market capitalization of approximately €3.67 billion.

Operations: Wendel's revenue is generated from various segments, including CPI (€128 million), ACAMS (€91.60 million), Stahl (€913.50 million), Scalian (€126.80 million), and Bureau Veritas (€5.87 billion).

Dividend Yield: 4.7%

Wendel, a French investment firm, recently raised its dividend to €4.00 per share, marking a 25% increase from the previous year. Despite this growth, the company's dividends are not well covered by earnings or cash flows, with a high payout ratio of 301.9%. However, Wendel maintains reliable dividend payments supported by strong cash flow coverage at 14.7%. Recent strategic moves include proposing an investment in Globeducate with Providence Equity Partners and appointing Laure Delabeye as Director of Human Resources and Services.

ENXTPA:MF Dividend History as at Jul 2024
ENXTPA:MF Dividend History as at Jul 2024

SCOR

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

Overview: SCOR SE operates globally, offering life and non-life reinsurance products across multiple regions, with a market capitalization of approximately €4.63 billion.

Operations: SCOR SE generates revenue primarily through its life reinsurance segment, SCOR L&H, which contributed €8.45 billion, and its property and casualty reinsurance segment, SCOR P&C, with €7.04 billion in revenue.