Top Euronext Paris Dividend Stocks For July 2024

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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

Name

Dividend Yield

Dividend Rating

Vicat (ENXTPA:VCT)

6.18%

★★★★★★

Rubis (ENXTPA:RUI)

6.86%

★★★★★★

CBo Territoria (ENXTPA:CBOT)

6.86%

★★★★★★

SCOR (ENXTPA:SCR)

8.52%

★★★★★☆

Teleperformance (ENXTPA:TEP)

3.56%

★★★★★☆

Arkema (ENXTPA:AKE)

4.22%

★★★★★☆

VIEL & Cie société anonyme (ENXTPA:VIL)

4.01%

★★★★★☆

Samse (ENXTPA:SAMS)

6.01%

★★★★★☆

Exacompta Clairefontaine (ENXTPA:ALEXA)

4.38%

★★★★★☆

Piscines Desjoyaux (ENXTPA:ALPDX)

8.73%

★★★★★☆

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.

ENXTPA:BB Dividend History as at Jul 2024
ENXTPA:BB Dividend History as at Jul 2024

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.