As European markets navigate a mixed landscape of earnings reports and economic data, the French CAC 40 Index has shown resilience despite minor setbacks. With investors eyeing dividend stocks for stable returns amid fluctuating market conditions, it's crucial to consider companies with strong fundamentals and consistent payout histories. In this context, we explore three top dividend stocks listed on Euronext Paris that stand out for their robust financial health and reliable dividend yields.

Top 10 Dividend Stocks In France

Click here to see the full list of 34 stocks from our Top Euronext Paris Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Société BIC

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

Overview: Société BIC SA manufactures and sells stationery, lighters, shavers, and other products worldwide with a market cap of €2.40 billion.

Operations: Société BIC SA's revenue segments include €842.30 million from stationery, €830.60 million from lighters, and €544.80 million from razors.

Dividend Yield: 4.9%

Société BIC approved an ordinary dividend of €2.85 per share, up 11% from 2022, and a special dividend of €1.42 per share in May 2024. Despite trading at good value compared to peers and having a reasonable payout ratio (57.5%), its dividend yield (4.95%) is below the top quartile in France and has been volatile over the past decade. Earnings have grown modestly by 6% annually over five years, supporting sustainable dividends despite historical volatility.

• Navigate through the intricacies of Société BIC with our comprehensive dividend report here.

• Our comprehensive valuation report raises the possibility that Société BIC is priced lower than what may be justified by its financials.

Bénéteau

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

Overview: Bénéteau S.A. designs, manufactures, and sells boats and leisure homes in France and internationally, with a market cap of €742.19 million.

Operations: Bénéteau S.A. generates revenue primarily from its boat segment, which accounted for €1.47 billion.

Dividend Yield: 8%

Bénéteau's dividend yield of 7.96% is among the top 25% in France, but it's not well covered by free cash flows, raising sustainability concerns. Despite a low payout ratio (37.2%), its dividends have been volatile over the past decade. The stock trades at good value, significantly below its estimated fair value and peers. Earnings grew by 84.1% last year but are forecasted to decline by an average of 18% annually over the next three years.

• Click here to discover the nuances of Bénéteau with our detailed analytical dividend report.

• The analysis detailed in our Bénéteau valuation report hints at an deflated share price compared to its estimated value.

TotalEnergies

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

Overview: TotalEnergies SE, a multi-energy company with a market cap of €143.04 billion, produces and markets oil, biofuels, natural gas, green gases, renewables, and electricity across France, Europe, North America, Africa, and internationally.

Operations: TotalEnergies SE generates revenue through several segments, including Integrated LNG ($21.46 billion), Integrated Power ($27.01 billion), Marketing & Services ($71.38 billion), Refining & Chemicals ($134.98 billion), and Exploration & Production ($47.20 billion).

Dividend Yield: 5.1%

TotalEnergies' dividend payments are well-covered by earnings and cash flows, with payout ratios around 37.7% and 37.8%, respectively, though the dividend track record has been volatile over the past decade. Despite trading at good value compared to peers, earnings are forecasted to decline by an average of 3.9% annually for the next three years. Recent news includes a second interim dividend increase of 6.8%, aligning with its shareholder return policy confirmed earlier this year.

• Delve into the full analysis dividend report here for a deeper understanding of TotalEnergies.

• The valuation report we've compiled suggests that TotalEnergies' current price could be quite moderate.

Seize The Opportunity

• Take a closer look at our Top Euronext Paris Dividend Stocks list of 34 companies by clicking here.

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Ready For A Different Approach?

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• Find companies with promising cash flow potential yet trading below their fair value.

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:BB ENXTPA:BEN and ENXTPA:TTE.

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