Yahoo Finance Exploring Three Top Dividend Stocks On Euronext Paris
In recent trading sessions, the French stock market has shown resilience, with the CAC 40 Index modestly increasing by 0.11%. This uptick reflects cautious optimism among investors following the European Central Bank's decision to cut interest rates for the first time in five years, signaling a potentially more supportive environment for equities. In this context, dividend stocks can be particularly appealing as they offer potential income in addition to price appreciation opportunities amidst changing economic conditions.
Top 10 Dividend Stocks In France
Name | Dividend Yield | Dividend Rating |
Rubis (ENXTPA:RUI) | 6.37% | ★★★★★★ |
Samse (ENXTPA:SAMS) | 8.74% | ★★★★★★ |
CBo Territoria (ENXTPA:CBOT) | 6.76% | ★★★★★★ |
Fleury Michon (ENXTPA:ALFLE) | 5.42% | ★★★★★☆ |
Métropole Télévision (ENXTPA:MMT) | 9.69% | ★★★★★☆ |
VIEL & Cie société anonyme (ENXTPA:VIL) | 3.81% | ★★★★★☆ |
Sanofi (ENXTPA:SAN) | 4.21% | ★★★★★☆ |
Arkema (ENXTPA:AKE) | 3.94% | ★★★★★☆ |
Exacompta Clairefontaine (ENXTPA:ALEXA) | 4.19% | ★★★★★☆ |
Piscines Desjoyaux (ENXTPA:ALPDX) | 7.58% | ★★★★★☆ |
Click here to see the full list of 32 stocks from our Top Euronext Paris Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Publicis Groupe
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Publicis Groupe S.A. is a global marketing and communications firm offering digital business transformation services, with a market capitalization of approximately €25.27 billion.
Operations: Publicis Groupe S.A. generates €14.80 billion from its Advertising and Communication Services segment.
Dividend Yield: 3.3%
Publicis Groupe's recent dividend increase to EUR 3.40 per share reflects a 17% rise from the previous year, payable on July 3, 2024. Despite trading at a significant discount to estimated fair value, its dividend yield of 3.31% remains below the French market's top quartile. The dividends are well-supported by both earnings and cash flows, with payout ratios of 65% and 45.5%, respectively. However, the company has experienced volatility in its dividend payments over the past decade, indicating some level of unpredictability in its returns to shareholders.
Sanofi
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sanofi is a global healthcare company involved in researching, developing, manufacturing, and marketing therapeutic solutions with a market capitalization of approximately €112.37 billion.
Operations: Sanofi generates €38.12 billion from its Biopharma segment and €5.21 billion from Consumer Healthcare.
Dividend Yield: 4.2%
Sanofi, a major player in the pharmaceutical industry, recently announced a dividend of €3.76 per share for 2023, reflecting its commitment to shareholder returns. Despite this, Sanofi's dividend yield of 4.21% is lower than the top quartile of French dividend payers at 5.38%. The company has demonstrated consistent growth in dividends over the past decade and maintains a sustainable payout ratio of 87.2%, supported by earnings and a cash payout ratio at 65%. However, profit margins have declined from last year's 18.1% to current levels at 9.8%, indicating potential pressures on profitability despite positive earnings forecasts with an expected annual growth rate of 16.87%.
Navigate through the intricacies of Sanofi with our comprehensive dividend report here.
Upon reviewing our latest valuation report, Sanofi's share price might be too pessimistic.
VIEL & Cie société anonyme
Simply Wall St Dividend Rating: ★★★★★☆
Overview: VIEL & Cie société anonyme operates as an investment company offering interdealer broking, online trading, and private banking services across various global regions, with a market capitalization of approximately €641.13 million.
Operations: VIEL & Cie société anonyme generates revenue primarily through professional intermediation (€1.01 billion) and stock exchange online services (€65.12 million).
Dividend Yield: 3.8%
VIEL & Cie société anonyme offers a dividend yield of 3.81%, which is below the French market's top quartile average of 5.24%. However, the company's dividends are well-supported by a low payout ratio of 25.8% and a cash payout ratio of 20.1%, indicating sustainability from both earnings and cash flow perspectives. Over the past decade, VIEL has consistently increased its dividend payments, showcasing reliability in shareholder returns despite its yield position. Recently, VIEL reported a significant revenue increase to €1.08 billion and net income growth to €98.1 million for FY2023.
Key Takeaways
Access the full spectrum of 32 Top Euronext Paris Dividend Stocks by clicking on this link.
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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:PUB ENXTPA:SAN and ENXTPA:VIL.
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