Bénéteau And Two More Euronext Paris Dividend Stocks To Consider

In This Article:

Amidst a backdrop of general market recovery in Europe, with France's CAC 40 Index experiencing notable gains, investors are increasingly attentive to opportunities within the dividend stock arena. Given the current economic climate and market dynamics, stocks that offer consistent dividend payouts are particularly appealing for those seeking potential income alongside capital appreciation.

Top 10 Dividend Stocks In France

Name

Dividend Yield

Dividend Rating

Samse (ENXTPA:SAMS)

9.47%

★★★★★★

Rubis (ENXTPA:RUI)

7.27%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.74%

★★★★★★

VIEL & Cie société anonyme (ENXTPA:VIL)

4.08%

★★★★★☆

Sanofi (ENXTPA:SAN)

4.29%

★★★★★☆

Arkema (ENXTPA:AKE)

4.17%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.82%

★★★★★☆

Carrefour (ENXTPA:CA)

6.32%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.53%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.13%

★★★★★☆

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

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

Bénéteau

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

Overview: Bénéteau S.A. is a company based in France that designs, manufactures, and sells boats and leisure homes globally, with a market capitalization of approximately €0.87 billion.

Operations: Bénéteau S.A. generates €1.47 billion in revenue primarily from its boat manufacturing segment.

Dividend Yield: 6.8%

Bénéteau maintains a low payout ratio of 37.2%, suggesting dividends are well-covered by earnings, despite some inconsistencies in dividend reliability and coverage by cash flows over the past decade. The stock trades at a significant discount, valued 62% below estimated fair value, and offers a high yield of 6.78%, ranking in the top quartile among French dividend payers. However, analysts anticipate an average earnings decline of 7% annually over the next three years, raising concerns about future dividend sustainability and growth.

ENXTPA:BEN Dividend History as at Jun 2024
ENXTPA:BEN Dividend History as at Jun 2024

Vinci

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

Overview: Vinci SA operates in the concessions, energy, and construction sectors both in France and globally, with a market capitalization of approximately €58.30 billion.

Operations: Vinci SA generates revenue through several key segments: VINCI Energies (€19.33 billion), VINCI Construction including Eurovia (€31.46 billion), Concessions - VINCI Autoroutes (€6.88 billion), Concessions - VINCI Airports (€4.23 billion), Cobra IS (€6.50 billion), Other Concessions (€0.73 billion), and VINCI Immobilier and Holding Companies (€1.23 billion).