The French stock market has proven resilient, with the CAC 40 index gaining 0.25% despite global economic uncertainties and mixed signals from Eurozone retail sales data. As investors seek stability amid these fluctuations, dividend stocks on Euronext Paris are an attractive option for those seeking a balance between income and potential growth. In today’s market conditions, a good dividend stock is characterized by consistent distributions and strong financial health, making it an attractive choice for investors looking to ride out economic volatility while generating stable income.
The 10 largest dividend stocks in France
| name | Dividend yield | Dividend valuation |
| Vicat (ENXTPA:VCT) | 6.67% | ★★★★★★ |
| Rubis (ENXTPA:RUI) | 7.23% | ★★★★★★ |
| CBOT Territory (ENXTPA:CBOT) | 6.88% | ★★★★★★ |
| Samse (ENXTPA:SAMS) | 6.01% | ★★★★★☆ |
| Infotel (ENXTPA:INF) | 5.65% | ★★★★★☆ |
| Arkema (ENXTPA:AKE) | 4.43% | ★★★★★☆ |
| MUCH & Cie société anonyme (ENXTPA:VIL) | 4.04% | ★★★★★☆ |
| Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative (ENXTPA:CRLA) | 5.92% | ★★★★★☆ |
| Exacompta Clairefontaine (ENXTPA:ALEXA) | 4.59% | ★★★★★☆ |
| Piscines Desjoyaux (ENXTPA:ALPDX) | 8.47% | ★★★★★☆ |
Click here to see the full list of 35 stocks from our Top Euronext Paris Dividend Stocks screener.
Let’s examine some outstanding options from the screener results.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Amundi is a listed investment manager with a market capitalization of around 12.96 billion euros.
Operations: Amundi generates 6.09 billion euros in its Asset Management division.
Dividend yield: 6.4%
Amundi SA reported solid results for the second quarter of 2024. Revenues rose to €887 million and net profit reached €333 million. The company approved a dividend of €4.10 per share, to be paid in June 2024. Despite a high dividend yield of 6.44%, Amundi’s dividends have been volatile over its nine-year history, although they are covered by both profits (payout ratio 69.3%) and cash flows (cash payout ratio 56%).
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Publicis Groupe SA provides marketing, communications and digital business transformation services across multiple geographies, including North America, Europe, Asia Pacific, Latin America, Africa and the Middle East, with a market capitalization of €22.83 billion.
Operations: Publicis Groupe SA generates sales of 15.35 billion euros in its advertising and communication services segment.
Dividend yield: 3.7%
Publicis Groupe’s dividend payments have been volatile over the past decade but have increased overall. Currently, the dividend yield of 3.74% is below the top quartile in France. However, dividends are covered by earnings (payout ratio 54.7%) and cash flows (cash payout ratio 64.2%). Recent increases in revenue guidance and strong earnings in the first half of 2024 (€773 million net profit) suggest potential for sustainable growth despite macroeconomic uncertainties.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Rexel SA and its subsidiaries distribute low and high voltage electrical products and services to the residential, commercial and industrial markets in France, Europe, North America and the Asia-Pacific region with a market capitalization of €6.58 billion.
Operations: Rexel SA generates sales of 19.02 billion euros in the electronics wholesale sector.
Dividend yield: 5.4%
Rexel SA’s dividend payments have been volatile and unreliable over the past decade, although they have increased overall. Dividends are well covered by earnings (payout ratio 51.6%) and cash flows (cash payout ratio 39.8%). Despite high levels of debt, Rexel trades at a good price compared to peers and industry benchmarks. Recent buybacks (€169.33 million) and strategic M&A activities indicate proactive financial management, although earnings in the first half of 2024 showed a decline in net profit to €351.9 million from €428.4 million last year.
Key findings
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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.
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