3 Top Euronext Paris Dividend Stocks Yielding Up To 6.9%

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Amid a modestly positive week for European markets, where France's CAC 40 Index saw an uptick of 0.63%, investors are keenly observing dividend stocks as potential stabilizers in their portfolios. In the current landscape, where economic indicators and bond yield movements suggest cautious optimism, dividend-yielding stocks could offer both income and relative safety. In this context, understanding the characteristics that contribute to a strong dividend stock is crucial. Factors such as consistent dividend history, robust financial health, and alignment with broader economic conditions become particularly pertinent.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Rubis (ENXTPA:RUI)

6.99%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.90%

★★★★★★

Métropole Télévision (ENXTPA:MMT)

9.62%

★★★★★☆

Carrefour (ENXTPA:CA)

5.94%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.60%

★★★★★☆

Arkema (ENXTPA:AKE)

4.12%

★★★★★☆

Sanofi (ENXTPA:SAN)

4.08%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

4.02%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.32%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.85%

★★★★★☆

Click here to see the full list of 38 stocks from our Top Euronext Paris Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

CBo Territoria

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

Overview: CBo Territoria SA is a French company involved in urban planning and development, as well as property development and investment, with a market capitalization of €124.62 million.

Operations: CBo Territoria SA generates revenue primarily from two segments: land sales, which contributed €25.51 million, and property promotion activities, accounting for €58.08 million.

Dividend Yield: 6.9%

CBo Territoria exhibits a strong dividend profile with a 6.9% yield, placing it in the top 25% of French dividend payers. Dividends have shown stability and growth over the past decade, supported by earnings and cash flows with payout ratios at 61% and 25.4%, respectively. Trading at a P/E ratio of 8.8x, below the French market average, it offers relative value though tempered by its high level of debt. The recent board meeting focused on directorial changes rather than financial adjustments.

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 customers across Europe, Africa, and the Caribbean, with a market capitalization of approximately €2.95 billion.