Previous close | 16.10 |
Open | 16.15 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 16.06 - 16.39 |
52-week range | 14.89 - 19.14 |
Volume | |
Avg. volume | 1,742,725 |
Market cap | 11.102B |
Beta (5Y monthly) | 0.48 |
PE ratio (TTM) | 12.48 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.87 (5.40%) |
Ex-dividend date | 28 May 2024 |
1y target est | N/A |
Amidst a backdrop of fluctuating global markets and heightened geopolitical tensions, the French stock market has shown resilience, with the CAC 40 Index remaining relatively stable. In such an environment, high-yielding dividend stocks in France may offer investors a semblance of predictability and potential income stability.
Carrefour and PepsiCo's just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the relationship between retailers and suppliers. Pepsico said on Thursday the two companies had reached an agreement that will see the food and drink conglomerate's products, which include Pepsi, Doritos chips and Quaker oats, return to Carrefour's shelves in France. That agreement has yet to extend to Carrefour stores in Belgium, Italy, Poland and Spain, according to a person familiar with the discussions.
Carrefour, Europe's largest retailer, said on Tuesday it was confident about this year as it reported record cash flow of 1.62 billion euros ($1.8 billion) for 2023 and operating profit up 18.5% in its core French market amid high inflation. The solid results and strong cash generation allowed Carrefour to hand investors a 55% dividend increase to 0.87 euros per share and launch a new share buyback scheme worth 700 million euros. "In 2024, the group should see a more favourable market environment in Europe with the ongoing recovery of consumers' purchasing power," Chief Financial Officer Matthieu Malige told reporters.