Top 3 Dividend Stocks On Euronext Paris For September 2024
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As the French market experiences cautious optimism following the U.S. Federal Reserve's recent rate cut, investors are keenly observing how this will influence European equities, including those on Euronext Paris. With France's CAC 40 Index showing modest gains, dividend stocks remain an attractive option for those seeking steady income amidst fluctuating market conditions. When evaluating dividend stocks in this environment, it's essential to consider a company's financial health and its ability to maintain consistent payouts despite economic uncertainties.
Top 10 Dividend Stocks In France
| Name | Dividend Yield | Dividend Rating |
| Vicat (ENXTPA:VCT) | 5.87% | ★★★★★★ |
| Rubis (ENXTPA:RUI) | 8.26% | ★★★★★★ |
| Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA) | 5.83% | ★★★★★☆ |
| Arkema (ENXTPA:AKE) | 4.40% | ★★★★★☆ |
| VIEL & Cie société anonyme (ENXTPA:VIL) | 3.69% | ★★★★★☆ |
| Exacompta Clairefontaine (ENXTPA:ALEXA) | 4.79% | ★★★★★☆ |
| Samse (ENXTPA:SAMS) | 6.33% | ★★★★★☆ |
| Piscines Desjoyaux (ENXTPA:ALPDX) | 7.75% | ★★★★★☆ |
| Trigano (ENXTPA:TRI) | 3.36% | ★★★★☆☆ |
| Infotel (ENXTPA:INF) | 4.90% | ★★★★☆☆ |
Click here to see the full list of 34 stocks from our Top Euronext Paris Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Fleury Michon
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Fleury Michon SA produces and sells food products in France and internationally, with a market cap of €109.30 million.
Operations: Fleury Michon SA generates revenue primarily from its Division GMS France (€679.59 million) and International Division (€91.20 million).
Dividend Yield: 5%
Fleury Michon SA's dividend payments are well covered by earnings with a payout ratio of 34.1% and cash flows with a cash payout ratio of 12.6%. Despite this, the dividend has been volatile over the past decade. The company recently reported a significant increase in net income to €46.7 million for H1 2024 from €1.2 million last year, although sales declined to €399.1 million from €422.3 million previously, indicating potential instability in revenue streams going forward.
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Unlock comprehensive insights into our analysis of Fleury Michon stock in this dividend report.
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Our valuation report unveils the possibility Fleury Michon's shares may be trading at a discount.
Piscines Desjoyaux
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Piscines Desjoyaux SA designs, manufactures, and markets swimming pools and related products in France and internationally, with a market cap of €115.77 million.
Operations: Piscines Desjoyaux SA generates revenue through the design, manufacturing, and marketing of swimming pools and related products both domestically and internationally.