Amidst a backdrop of cautious optimism in European markets, where recent ECB rate cuts have stirred mixed reactions about future economic directions, investors may find stability and potential income through dividend stocks. Given the current climate of fluctuating market signals and interest rates, companies like Société BIC that offer regular dividends could be appealing for those seeking to balance their portfolios with steady returns.
French supermarket group Carrefour has been running hard to stand still for several years. Since chief executive Alexandre Bompard announced his original turnaround plan for the group, soon after his appointment in mid-2017, investors have suffered a 3pc loss on a total return basis.
Carrefour (CRRFY) recently announced a dividend of $0.19 per share, payable on 2024-06-21, with the ex-dividend date set for 2024-05-29. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Carrefour's dividend performance and assess its sustainability.