3 Top French Dividend Stocks Offering Up To 6.5% Yield
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Amid a backdrop of economic recovery and moderating inflation within the Eurozone, French markets have experienced some volatility, with the CAC 40 Index reflecting broader European market trends by closing lower. In such an environment, dividend stocks can be particularly appealing to investors looking for potential income streams and relative stability in their portfolios.
Top 10 Dividend Stocks In France
| Name | Dividend Yield | Dividend Rating |
| Rubis (ENXTPA:RUI) | 6.04% | ★★★★★★ |
| Samse (ENXTPA:SAMS) | 8.84% | ★★★★★★ |
| CBo Territoria (ENXTPA:CBOT) | 6.47% | ★★★★★★ |
| Métropole Télévision (ENXTPA:MMT) | 9.56% | ★★★★★☆ |
| Teleperformance (ENXTPA:TEP) | 3.87% | ★★★★★☆ |
| Sanofi (ENXTPA:SAN) | 4.13% | ★★★★★☆ |
| Arkema (ENXTPA:AKE) | 3.57% | ★★★★★☆ |
| Carrefour (ENXTPA:CA) | 5.53% | ★★★★★☆ |
| Jacquet Metals (ENXTPA:JCQ) | 5.32% | ★★★★★☆ |
| Piscines Desjoyaux (ENXTPA:ALPDX) | 7.25% | ★★★★★☆ |
Click here to see the full list of 29 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Amundi
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Amundi is a publicly owned investment manager with a market capitalization of approximately €13.91 billion, specializing in asset management services.
Operations: Amundi generates €6.03 billion from its asset management services.
Dividend Yield: 6%
Amundi's recent financial performance shows a steady increase in revenue and net income, with Q1 2024 revenue at €824 million and net income at €318 million. The company maintains a dividend of €4.10 per share, consistent with the previous year, supported by a payout ratio of 71.9% from earnings and 56% from cash flows, indicating sustainable dividend payments despite its less stable historical track record. New leadership under Barry Glavin may influence future strategic directions enhancing its equity investment platform.
Oeneo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Oeneo SA is a global company specializing in the wine industry with a market capitalization of approximately €695.43 million.
Operations: Oeneo SA generates its revenue primarily through two segments: Aging (€103.16 million) and Corking (€226.21 million).
Dividend Yield: 6.5%
Oeneo has demonstrated inconsistent dividend reliability over the past decade, with significant annual fluctuations exceeding 20%. Despite a reasonable payout ratio of 66.8%, indicating that earnings cover the dividends, the high cash payout ratio of 302.4% suggests that these are not well supported by free cash flow. Additionally, while Oeneo's dividends have increased over this period, a forecasted modest earnings growth of 3.35% per year may challenge future sustainability and growth of dividend payments.