Dividend Yield: 7.9%

Piscines Desjoyaux's dividend payments have been reliable and stable over the past decade, with a notable increase in dividends. However, the high cash payout ratio of 486.2% indicates that dividends are not well covered by free cash flows, raising concerns about sustainability despite being covered by earnings with a payout ratio of 72.5%. The dividend yield stands at 7.87%, placing it among the top quartile in France but potentially unsustainable long-term without better cash flow coverage.

• Take a closer look at Piscines Desjoyaux's potential here in our dividend report.

• Insights from our recent valuation report point to the potential undervaluation of Piscines Desjoyaux shares in the market.

Etablissements Maurel & Prom

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

Overview: Etablissements Maurel & Prom S.A. is involved in the exploration and production of oil, gas, and hydrocarbons across Gabon, Tanzania, Angola, Colombia, and France with a market cap of €1.03 billion.

Operations: Etablissements Maurel & Prom S.A.'s revenue primarily comes from its production activities, generating $658.76 million, with additional income of $30.57 million from drilling operations.

Dividend Yield: 5.7%

Etablissements Maurel & Prom's dividend payments have been volatile over the past five years, and while they are well covered by earnings and cash flows with payout ratios of 25.5% and 37.3%, respectively, the sustainability remains uncertain due to an unstable track record. Despite this, its dividend yield of 5.74% ranks in the top quartile in France. Recent earnings growth—net income rose to US$100.93 million for H1 2024—may support future payouts but does not guarantee stability.

• Click here and access our complete dividend analysis report to understand the dynamics of Etablissements Maurel & Prom.

• The valuation report we've compiled suggests that Etablissements Maurel & Prom's current price could be quite moderate.

Where To Now?

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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:ALFLE ENXTPA:ALPDX and ENXTPA:MAU.

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