Arkema And Two More High-Yield Dividend Stocks To Consider

In This Article:

As the French market navigates a period of recovery, with the CAC 40 Index recently experiencing a decline amidst mixed corporate earnings and interest rate uncertainties, investors are keenly observing potential opportunities. In this context, high-yield dividend stocks like Arkema present an attractive consideration for those looking to potentially enhance portfolio stability and income in fluctuating markets.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Rubis (ENXTPA:RUI)

6.10%

★★★★★★

Samse (ENXTPA:SAMS)

8.89%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.50%

★★★★★★

Métropole Télévision (ENXTPA:MMT)

9.53%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.87%

★★★★★☆

Sanofi (ENXTPA:SAN)

4.09%

★★★★★☆

Carrefour (ENXTPA:CA)

5.49%

★★★★★☆

Jacquet Metals (ENXTPA:JCQ)

5.34%

★★★★★☆

Arkema (ENXTPA:AKE)

3.44%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

7.43%

★★★★★☆

Click here to see the full list of 28 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Arkema

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

Overview: Arkema S.A. is a global manufacturer and seller of specialty chemicals and advanced materials, with a market capitalization of approximately €7.61 billion.

Operations: Arkema S.A.'s revenue is primarily generated from four segments: Adhesive Solutions (€2.71 billion), Advanced Materials (€3.56 billion), Coating Solutions (€2.40 billion), and Intermediates (€0.80 billion).

Dividend Yield: 3.4%

Arkema S.A. reported a decline in Q1 2024 sales to €2.34 billion and net income to €79 million, reflecting a decrease from the previous year's figures. Despite this downturn, Arkema maintains a stable dividend yield at 3.44%, supported by a reasonable payout ratio of 65% and cash payout ratio of 41%. The company recently completed a €400 million fixed-income offering, strengthening its financial flexibility. However, its current dividend yield is lower than the top quartile of French dividend payers at 5.25%.

ENXTPA:AKE Dividend History as at May 2024
ENXTPA:AKE Dividend History as at May 2024

Vinci

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

Overview: Vinci SA operates in concessions, energy, and construction sectors both in France and globally, with a market capitalization of approximately €64.18 billion.

Operations: Vinci SA generates revenue through several key segments: VINCI Construction, including Eurovia, contributes €31.46 billion; VINCI Energies adds €19.33 billion; Concessions - VINCI Autoroutes brings in €6.88 billion; Concessions - VINCI Airports accounts for €4.23 billion; Cobra IS provides €6.50 billion; and Other Concessions and VINCI Immobilier and Holding Companies contribute €0.73 billion and €1.23 billion respectively.