Yahoo Finance Three French Dividend Stocks Offering Yields From 3.7% To 5.2%
As European markets show signs of resilience, with France's CAC 40 Index recently marking an uptick, investors are keenly observing opportunities within this landscape. Amid these conditions, dividend stocks remain a focal point for those seeking yields in a fluctuating market environment.
Top 10 Dividend Stocks In France
Name | Dividend Yield | Dividend Rating |
Rubis (ENXTPA:RUI) | 5.89% | ★★★★★★ |
Samse (ENXTPA:SAMS) | 8.84% | ★★★★★★ |
CBo Territoria (ENXTPA:CBOT) | 6.47% | ★★★★★★ |
Métropole Télévision (ENXTPA:MMT) | 8.43% | ★★★★★☆ |
Teleperformance (ENXTPA:TEP) | 4.30% | ★★★★★☆ |
Sanofi (ENXTPA:SAN) | 4.09% | ★★★★★☆ |
Arkema (ENXTPA:AKE) | 3.59% | ★★★★★☆ |
Carrefour (ENXTPA:CA) | 5.48% | ★★★★★☆ |
Jacquet Metals (ENXTPA:JCQ) | 5.43% | ★★★★★☆ |
Piscines Desjoyaux (ENXTPA:ALPDX) | 7.30% | ★★★★★☆ |
Click here to see the full list of 28 stocks from our Top Dividend Stocks screener.
Let's dive into some prime choices out of from the screener.
Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Caisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative offers a range of banking products and services to a diverse clientele including individuals, professionals, and various community sectors in France, with a market capitalization of €1.03 billion.
Operations: Caisse Régionale de Crédit Agricole Mutuel du Languedoc generates €505.07 million from its retail banking operations in France.
Dividend Yield: 5.3%
Caisse Régionale de Crédit Agricole Mutuel du Languedoc offers a dividend yield of 5.27%, ranking in the top 25% of French dividend payers. The company's dividends have shown stability and growth over the past decade, supported by a reasonable payout ratio of 30.9%. Despite a recent decline in net interest income and net income in 2023, CRLA maintains reliable dividend payments, evidenced by its upcoming cash dividend of €2.74 due on April 16, 2024. Trading at a significant discount to estimated fair value suggests potential undervaluation.
Rexel
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Rexel S.A. operates as a distributor of low and ultra-low voltage electrical products and services across residential, commercial, and industrial sectors in various global regions, with a market capitalization of approximately €7.64 billion.
Operations: Rexel S.A. generates €19.15 billion from its electronics wholesale segment, serving diverse markets in France, Europe, North America, and Asia-Pacific.
Dividend Yield: 4.7%
Rexel S.A. reported a decrease in net income to €774.7 million in 2023 from €922.3 million the previous year, with sales slightly up at €19.15 billion. Despite this dip, the company will maintain its dividend at €1.20 per share, aligning with its policy of distributing at least 40% of recurring net income, payable on May 17, 2024. The dividend's sustainability is supported by a payout ratio of 46.6% and a cash payout ratio of 45.5%. However, Rexel's dividend yield of 4.67% remains below the top quartile in France and its historical volatility raises concerns about reliability.
Sodexo
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sodexo S.A. operates globally, offering food services and facilities management, with a market capitalization of approximately €12.03 billion.
Operations: Sodexo S.A. generates revenue primarily from three geographic segments: Europe (€8.30 billion), North America (€10.74 billion), and the Rest of the World (€4.12 billion).
Dividend Yield: 3.8%
Sodexo S.A. experienced a significant earnings increase, with sales rising to €12.1 billion from €11.58 billion year-over-year, despite a shift to a net loss of €74 million compared to a prior net income of €440 million. The company's dividend yield stands at 3.78%, lower than the French market's top dividend payers at 5.24%. Despite this, dividends are sustainably covered by earnings and cash flows, with payout ratios of 63.2% and 44% respectively, though Sodexo's share price has shown high volatility recently.
Delve into the full analysis dividend report here for a deeper understanding of Sodexo.
Our valuation report unveils the possibility Sodexo's shares may be trading at a discount.
Key Takeaways
Explore the 28 names from our Top Dividend Stocks screener here.
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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:CRLA ENXTPA:RXL and ENXTPA:SW.
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