Previous close | 37.15 |
Open | 37.23 |
Bid | 37.35 x N/A |
Ask | 37.36 x N/A |
Day's range | 37.23 - 37.23 |
52-week range | 25.77 - 37.52 |
Volume | |
Avg. volume | 237 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Amidst a backdrop of rising inflation and economic uncertainty across Europe, the French stock market, as reflected by the CAC 40 Index, has experienced notable fluctuations. In such a climate, high-yield dividend stocks on Euronext Paris may offer investors potential resilience and steady income streams.
French tyre maker Michelin said on Tuesday it was targeting a segment operating margin of 14% by 2026, citing sales of higher value-added tyres particularly for sports utility vehicles (SUVs) and electric cars. The group, whose operating margin came to 12.6% in 2023, said at an investor day on Tuesday that a recovery in volumes, a strong product mix effect and growth in sales excluding tyres should enable it to achieve segment operating income of 4.2 billion euros ($4.57 billion) in 2026, compared with 3.6 billion last year. This target now includes tyre distribution alongside connected solutions, polymers and "lifestyle", which means that it has almost been reached, since non-tyre manufacturing activities already account for 16% of sales.
Amidst a backdrop of cautious optimism in European markets, where the CAC 40 Index recently saw a modest decline, investors continue to seek stable returns through dividend stocks. As we explore Euronext Paris Dividend Stocks in May 2024, understanding the broader economic signals and market dynamics becomes crucial for identifying stocks that not only offer attractive dividends but also stability in fluctuating market conditions.