Euronext Paris Showcases Three Solid Dividend Stocks

In This Article:

Amidst a backdrop of political uncertainty and fluctuating bond yields in France, investors are increasingly seeking stability through dividend-paying stocks. Such stocks not only offer potential income but also provide an element of predictability in an otherwise volatile market environment.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Samse (ENXTPA:SAMS)

9.01%

★★★★★★

Rubis (ENXTPA:RUI)

7.34%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.72%

★★★★★★

Fleury Michon (ENXTPA:ALFLE)

5.58%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

4.08%

★★★★★☆

Sanofi (ENXTPA:SAN)

4.25%

★★★★★☆

Arkema (ENXTPA:AKE)

4.09%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.85%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.50%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.13%

★★★★★☆

Click here to see the full list of 32 stocks from our Top Euronext Paris Dividend Stocks screener.

Let's dive into some prime choices out of from the screener.

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 approximately €127.84 million.

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

Dividend Yield: 6.7%

CBo Territoria maintains a solid dividend profile, with a 6.72% yield placing it among the top 25% of French dividend payers. Its dividends are well-supported, evidenced by a payout ratio of 61% and an even lower cash payout ratio of 25.4%, indicating strong coverage by both earnings and cash flows. Despite its high level of debt, the company has demonstrated reliability in its dividend payments, showing stability and growth over the past decade.

ENXTPA:CBOT Dividend History as at Jun 2024
ENXTPA:CBOT Dividend History as at Jun 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 €2.79 billion.

Operations: Rubis generates €6.58 billion from Energy Distribution and €48.64 million from Renewable Electricity Production.

Dividend Yield: 7.3%

Rubis, with a dividend yield of 7.34%, ranks in the top 25% of French dividend payers. Its dividends, growing and stable over the past decade, are well-covered by earnings and cash flows, with payout ratios of 57.7% and 73.4%, respectively. Despite this strong performance, Rubis faces challenges from a high debt level and potential impacts from the Global Minimum Tax estimated to affect net income by €20-25 million. Additionally, strategic moves include ongoing discussions for selling a significant stake in its storage division to I Squared Capital Advisors.