Dividend stocks are the stocks that pay out part of its profit to the shareholders at the time when the company earns a profit or surplus. Before investing in dividend stocks Investors should plan on finding ones that have some specific characteristics. Their dividend yield should 3% to 6% and the company they are going to invest should have generated positive earnings for the past year. Investing in French dividend stocks is also a good idea because there is technically no limit to the money you can earn from this type of investment.
Here I am sharing the best dividend stocks in France, that investor should consider for their portfolio.
France Telecom SA (NYSE: FTE) –
France Telecom S.A. is a French multinational telecommunication corporation, founded in 1990 and based in Paris, France. It has 180,000 employees at half outside France and 221 million customers worldwide. The company provides the services of fixed telephony and mobile telecommunications, data transmission, internet and multimedia to the business, consumers, telecommunications operators under the orange and France telecom brand names. It often offers the services of home communication, personal, legacy and matures network services. It is operating is France, Spain, Poland, the United Kingdom, and internationally.
Its current market capitalization is 28.98 billion, P/E ratio is 27.51 and EPS is 0.40. It has higher yield of 13.70%.
LVMH Moet Hennessey Louis Vuitton (LVMUY) –
This is a French multinational company of luxury goods conglomerate and was formed in 1987. The company owns a portfolio of luxury brands and its business activities that are divided into five business parts i.e. Wines and spirits, Fashion and leather goods, Watches and jewelry, perfumes and cosmetics and selective retailing. It has independently managed its subsidiaries.
It has a market capitalization of 66.65 billion. The P/E ratio is 19.55 and EPS is 6.82. Its dividend yield is currently 2.18 with a payout at 1.80.
Total SA (TOT) –
Total S.A is a French multinational oil and gas company. This company is one of the six super major oil companies in the world. It operates as an integrated oil and gas company worldwide. Its business includes the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation and international crude oil and product trading. It is also a large chemicals manufacturer. The company provides its services in three segments: Upstream, Downstream, and chemicals. Total S.A Company was founded in 1924. In this year the company has been trading at a very reasonable price.
It has a market capitalization of 113.37 billion, P/E ratio is 8.22 and EPS is 6.11. The current dividend yield is 5.40%.
Sanofi (NYSE: SNY):
Sanofi S.A is multinational pharmaceutical company of France and headquartered in Paris, France. This is the fourth largest company in the world. It is related to the research and development, manufacturing and marketing of pharmaceutical products. The company was formed in 2004 by the merger of Aventis and Sanofi-Synthelabo. It provides healthcare services. It is operating in European countries, North and Latin America, Asia, Africa and Middle East.
The company has a market capitalization of 134.26billion, P/E ratio is 21.02, EPS is 2.41 and dividend yield is currently 3.67% with dividend payout of 1.86.
Group DANONE SA (DANOY) –
This is a French food products multinational corporation and also co-produces bottled water. The company was in second position as producer of cereals and biscuits in 2007 and also for the baby foods, having sold the biscuits division to Kraft Foods and acquired Numico.
The company has a market capitalization of 32.96 billion, P/E ratio is 19.58, EPS is 2.80 and the dividend yield is 2.65% for March 2013.