Euronext Paris Showcases Three Prominent Dividend Stocks

In This Article:

As the French market navigates through a period of political uncertainty with upcoming elections, investors are closely monitoring shifts in economic indicators and bond yields. In this context, identifying dividend stocks that offer potential stability and consistent returns can be particularly appealing to those looking to invest in Euronext Paris.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Samse (ENXTPA:SAMS)

9.47%

★★★★★★

Rubis (ENXTPA:RUI)

7.17%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.78%

★★★★★★

SCOR (ENXTPA:SCR)

7.52%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

4.00%

★★★★★☆

Arkema (ENXTPA:AKE)

4.09%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.41%

★★★★★☆

Sanofi (ENXTPA:SAN)

4.17%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.19%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

7.87%

★★★★★☆

Click here to see the full list of 35 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

CBo Territoria

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

Overview: CBo Territoria SA is a French company focused on urban planning and development, as well as property development and investment, with a market capitalization of €126.77 million.

Operations: CBo Territoria SA generates revenue primarily through land sales and promotion activities, totaling €25.51 million and €58.08 million respectively.

Dividend Yield: 6.8%

CBo Territoria maintains a solid track record with a consistent dividend yield of 6.82%, placing it in the top 25% of French dividend payers. The company's dividends are well-supported, evidenced by a payout ratio of 61% and cash flows covering dividends at 25.4%. Despite its high level of debt, CBo Territoria offers an attractive price-to-earnings ratio at 8.9x, below the French market average. Recent board changes could influence future governance and policy directions.

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

Rubis

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

Overview: Rubis operates bulk liquid storage facilities for commercial and industrial clients across Europe, Africa, and the Caribbean, with a market capitalization of approximately €2.88 billion.

Operations: Rubis generates revenue primarily through Energy Distribution, which totaled €6.58 billion, and Renewable Electricity Production, contributing €48.64 million.

Dividend Yield: 7.2%

Rubis offers a compelling dividend yield of 7.31%, ranking it among the top quartile in France. Its dividends, growing steadily over the last decade, are well-supported by earnings with a payout ratio of 57.7% and cash flows at 73.8%. Despite high debt levels, Rubis trades at an attractive price-to-earnings ratio of 8x, below the market average of 15.6x. Recent affirmations in corporate guidance suggest stable net income for 2024, despite new tax impacts estimated between €20 million and €25 million.