Bénéteau and two other Euronext Paris dividend stocks to consider

In a context of general market recovery in Europe, with notable gains for the French CAC 40 index, investors are increasingly attentive to opportunities in the field of dividend stocks. Given the current economic climate and market dynamics, stocks offering consistent dividend payouts are particularly attractive to those seeking income potential alongside capital appreciation.

Top 10 dividend stocks in France

Name	Dividend yield	Dividend rating
Samse (ENXTPA:SAMS)	9.47%	★★★★★★
Ruby (ENXTPA:RUI)	7.27%	★★★★★★
CBo Territories (ENXTPA:CBOT)	6.74%	★★★★★★
VIEL & Cie public limited company (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%	★★★★★☆
Desjoyaux Swimming Pools (ENXTPA:ALPDX)	8.13%	★★★★★☆

Click here to see the full list of 32 stocks in our selection of the best dividend stocks from Euronext Paris.

Below, we highlight a few of our favorites from our exclusive screener.

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

Preview: Bénéteau SA is a France-based company that designs, manufactures and sells boats and leisure homes worldwide, with a market capitalization of approximately €0.87 billion.

Operations: Bénéteau SA achieves 1.47 billion euros in turnover mainly in its boat manufacturing segment.

Dividend yield: 6.8%

Bénéteau maintains a low payout ratio of 37.2%, suggesting that dividends are well covered by earnings, despite some inconsistencies in dividend reliability and cash flow coverage 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 of French dividend payers. However, analysts expect earnings to decline by an average of 7% per year over the next three years, raising concerns about the future sustainability and growth of dividends.

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

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

Operations: Vinci SA generates its turnover through several key segments: VINCI Energies (19.33 billion euros), VINCI Construction including Eurovia (31.46 billion euros), Concessions – VINCI Autoroutes (6.88 billion euros). ‘euros), Concessions – VINCI Airports (4.23 billion euros), Cobra IS (6.50 billion euros), Other Concessions (0.73 billion euros) and VINCI Immobilier et Holdings (1.23 billion euros).

Dividend yield: 4.4%

Vinci’s dividend profile shows a mix of strengths and concerns. Its dividends, growing over the past decade, are supported by profits with a payout ratio of 54.4% and cash flow of 35.8%. However, Vinci’s dividend yield stands at 4.42%, below the top quartile of French dividend stocks at 5.55%. Recent financial performance includes a slight decline in highway traffic but an increase in airport passengers, indicating varied sector dynamics within the company from May 2024 onwards.

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

Preview: TotalEnergies SE is a diversified energy company engaged in the production and marketing of oil, biofuels, natural gas, green gases, renewable energy and electricity in various regions, including France, the rest of Europe , North America, Africa and internationally; its market capitalization is approximately 142.97 billion euros.

Operations: TotalEnergies SE generates revenues in several key segments: Integrated LNG at $22.16 billion, Integrated Energy at $29.10 billion, Marketing and Services at $71.62 billion, Refining-Chemicals at $135.72 billion dollars and Exploration-Production at $47.53 billion.

Dividend yield: 5.1%

TotalEnergies presents a mixed dividend profile. Its dividends are well supported by both earnings and cash flow, with payout ratios of 37.4% and 36.2%, respectively, indicating sustainability. However, its dividend payments have shown volatility over the past decade and its current yield of 5.11% is below the French market’s top quartile for dividend stocks, at 5.55%. Despite these challenges, TotalEnergies trades at a discount to its fair value and analysts expect its share price to rise significantly in the near term. Recent strategic alliances and expansion of new energy projects highlight its continued transformation and commitment to sustainable energy solutions.

Summarize it all

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to constitute financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your objectives or your financial situation. Our goal is to provide you with targeted, long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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