The Bank BNP Paribas yesterday published its legendary dividend book for the second half of the year.

Ten European stocks were selected and placed on a list called "Best Ideas". All of these stocks have a pretty convincing track record.

What makes a really good dividend stock for BNP? Stable distributions over at least ten years, sustainable dividend growth and a strong free cash flow. In addition, there are qualitative criteria such as reasonable payout ratios, earnings momentum and rapid price recovery after the dividend discount.

Aegon
$AGN (+0,76 %) is a Dutch insurer with a focus on the US market. Dividend yield: 6.8 percent. Added to this is the fantasy of possible deals and greater capital efficiency.

Arkema
$AKE (-1,38 %) is a French specialty chemicals group with a yield of 5.7 percent. It is a spin-off from the chemicals business of the oil company Total. Arkema is one of the leading suppliers of highly developed materials.

Bankinter $BKT (-1,14 %) is a top Spanish address for wealthy clients. The bank has a solid balance sheet and offers a yield of 5.1 percent - although business is being held back slightly by the prospect of falling key interest rates.

Aéroports de Paris
$ADP (-0,82 %) is - as the name suggests - the operator of the Paris airports. Here, investors receive a yield of 3.4 percent, and there is also great rebound potential due to growing air traffic and an exciting investment in GMR in India.

Inditex
$ITX (+0,33 %) is the Zara-parent company. The company impresses with a 3.6% return, but above all with a strong cash flow thanks to falling logistics costs and global expansion.

Intesa Sanpaolo
$ISP (+0,06 %) is Italy's largest financial institution and offers a 7.9 percent dividend. A large part of its success comes from stable segments such as asset management.

Munich Re
$MUV2 (+0,03 %) is one of the stocks from Germany. The reinsurance classic offers investors a yield of 4.2 percent. The company has an enormously strong balance sheet and is a real all-purpose portfolio weapon.

National Grid
$NG. (+0 %) is an electricity and gas provider from the UK that pays a dividend of 4.5 percent. The company is strong on the energy transition and is well hedged against inflation.

Publicis
$PUB (-6,24 %) is France's advertising giant with data-driven advertising and pays a dividend of 3.9 percent. The company is also strongly positioned in the field of artificial intelligence.

The last stock to round off Volkswagen
$VOW (+0,03 %) rounds off the list. The car manufacturer offers a full six percent yield. The partnership with Rivian
$RIVN (+4,5 %) is also beginning to generate imagination.

All ten stocks combine above-average dividend yields with reasonable valuations. The average price/earnings ratio (P/E) is around 10, and all companies are well capitalized.

BNP speaks of a "quality-driven dividend portfolio" - so it's not about bargain hunting. For those who prefer a broader approach, there is of course also the dividend ETF Amundi MSCI Europe High Dividend Factor ETF EUR $CD9 (+0,09 %)

Source & picture: "Welt", 02.07.25

Dear Community,

Does anyone here know why the share price of the electricity grid operator Elia Group
$ELI (-0,67 %) has fallen so sharply recently? The need for further expansion of the electricity grid is actually undisputed - and the forthcoming further interest rate cuts by the central banks should also be rather favorable for the share. After all, other grid operators have not slumped to such an extent $TRN (-1,03 %)
$NG. (+0 %) etc. I look forward to your assessment!

Summary Earnings, 07.11.

$MUV2 (+0,03 %)
| Munich Re Q3 24 Earnings

EPS EU7.02 (est EU6.67)

Sees FY Insurance Rev. About EU61B, Saw About EU59B

Sees FY Profit Above EU5B, Saw EU5B

$RHM (+0,75 %) | Rheinmetall AG Q3 24 Earnings

Sales EU2.45B (est EU2.42B)

Still Sees FY Sales About EU10B (est EU9.99B)

Sees FY Operating Margin At Upper End Of Guidance

Nissan Motor Q2 2024 Earnings $7201 (-0,66 %)

Q2 Operating Income 31.91B Yen (est 65.25B Yen)

Q2 Net Loss 9.34B Yen (est Profit 49.07B Yen)

Sees FY Oper Income 150.00B Yen, Saw 500.00B Yen

To Cut 9,000 Jobs Globally

To Reduce Global Production Capacity By 20%

To Sell Back Up To 10.02% Of Mitsubishi Motors Shares

Air France KLM Q3 24 Earnings $AF

EBITDA EU1.90B (est EU1.9B)

Rev EU8.98B (est EU8.88B)

Net Income EU780M (est EU874.3M)

Sees FY Capex EU3B, Saw Below EU3B

$TEF (-0,94 %) | Telefonica Q3 24 Earnings

REV. EU10.02B (est EU10B)

Adj. EBITDA EU3.26B (est EU3.26B)

Net Income EU10M (est EU357M)

To Book €314 Million Non-Cash Impairment For Peru

ArcelorMittal Q3 24 Earnings: $MT (-0,71 %)

- Sales $15.20B (est $15.23B)

- EBITDA $1.58B (est $1.47B)

- Still Sees FY CAPEX $4.5B To $5.0B

- Markets Conditions Are 'Unsustainable'

- Positive On Medium/Long Term Outlook

Daimler Truck Holdings Q3 24 Earnings: $DTG (-0,79 %)

- Rev EU13.14B (est EU12.98B)

- Adj EBIT EU1.19B (est EU1.13B)

- Still Sees FY Rev EU53B To EU55B (est EU53.45B)

Adyen disappoints with lower than expected sales growth and loses 13% on the stock market. $ADYEN (+1,4 %)

Lanxess-shares rise by 4.4% to 26.80 euros after a positive quarterly report, having previously fallen by 13%. The operating margin exceeds expectations, although prices weaken. $LXS (+1,6 %)

National Grid increased its adjusted operating profit by 14% to 2 billion pounds in the first half of the financial year and expects an increase of around 10% for the year as a whole. Higher fees in New York and higher revenues in the UK are supporting growth. $NG. (+0 %)

AMS-Osram increased its profitability in the third quarter despite a decline in sales, but expects business development to be subdued in the fourth quarter and early 2025. To ensure profitability, the company plans further cost reductions of 225 million euros by the end of 2026. $AMS

Suess Microtec is more optimistic after a strong third quarter and now expects to achieve its annual targets in the upper half of the forecast range. Sales are expected to reach 380 to 410 million euros, with an EBIT margin of 14 to 16 percent. $SMHN (+4,86 %)

The investment company Mutares slips into the red operationally in the third quarter with an adjusted EBITDA loss of EUR 16.5 million. However, sales increased by 14% to 3.9 billion euros. $MUX (-0,53 %)

Delivery Hero expects a free cash flow of EUR 50 to 100 million for 2024 and anticipates GMV growth at the upper end of the forecast of 7 to 9 percent. However, the Group expects adjusted EBITDA to be at the lower end of the range of EUR 725 to 775 million. $DHE

Deutz recorded an 80% drop in profits to EUR 7.2 million in the third quarter and slipped into the red with a bottom line of EUR 2 million. Turnover falls by 14.9% to 430.4 million euros due to a slump in demand. $DEZ (+0,13 %)

Compugroup Medical records a decline in EBITDA in the third quarter

EBITDA fell by 12% to 54.9 million euros in the third quarter, but slightly exceeded

analysts' expectations slightly. Turnover falls by 1% to 283.4 million euros

euros, and the company confirms its reduced forecast for 2024. $COP (+0,42 %)

Alzchem reports a jump in profits for the first nine months with

a 36% increase in EBITDA to EUR 76.8 million and increases the EBITDA margin to

EBITDA margin to 18.5 %. The Group is sticking to its profit target for 2024

but is aiming for the lower end of the sales forecast due to the discontinuation of low-margin

the lower end of the sales forecast. $ACT (+1,34 %)

Nordex is raising its forecast for the EBITDA margin for 2024 and

now expects it to be closer to the upper end of the range of three to four

percent. In the first nine months of the year, the company recorded

an increase in revenue of 14 percent to EUR 5.1 billion and an improved

improved EBITDA margin of 3.7 percent. $NDX1 (-0,1 %)

Nemetschek recorded an increase in revenue in the third quarter thanks to the

thanks to the GoCanvas acquisition, Nemetschek recorded a 15.1% increase in revenues to 253 million euros,

however, earnings remained slightly below expectations. The

The operating costs of the acquisition put pressure on profits, so that EBITDA

increases by 6.7 %. $NEM (+1,41 %)

Rational increases earnings before interest and taxes in the third quarter

taxes by 18% to just under 78 million euros, exceeding analysts'

analysts' expectations, while sales revenues grew by 8% to 294 million

euros. The company confirms its forecast for the year. $RAA (+0,63 %)

National Grid Plc $NG. (+0 %) announces a capital increase of 7 billion pounds and a five-year investment plan. The share price falls by double digits.

This stock is actually on my watch list, but I haven't bought it yet due to upcoming investments for the expansion of the electricity grid. When do you think would be a good time to buy?

An excess profits tax is becoming increasingly likely. Hence the exit.

With this company $NG. (+0 %) I just wanted to have another boring company with a high dividend yield in the #depot have.

However, since my first purchase in 2019, National Grid has #sparplan a price increase of 41%. #dividende💷 gibts in the spring and ☀️. I will simply reinvest the money 1:1.📈

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗠𝗶𝗰𝗿𝗼𝘀𝗼𝗳𝘁-𝗖𝗘𝗢 𝘃𝗲𝗿𝗸𝗮𝘂𝗳𝘁 𝘀𝗲𝗶𝗻𝗲 𝗔𝗸𝘁𝗶𝗲𝗻 / 𝗦𝗾𝘂𝗮𝗿𝗲 𝗺𝗶𝘁 𝗻𝗲𝘂𝗲𝗺 𝗡𝗮𝗺𝗲𝗻 / 𝗦𝗰𝗵𝘄𝗲𝗶𝘇𝗲𝗿 𝗕𝗿𝗶𝗲𝗳𝗺𝗮𝗿𝗸𝗲𝗻-𝗡𝗙𝗧

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, Analog Devices ($ADI (+0,52 %)), Anthem ($ANTM (-12,36 %)), Arthur J. Gallagher & Co. ($AJG (+1,69 %)), Bank of America ($BAC (+2,61 %)), Baxter International ($BAX (-1,56 %)), BROWN-FORMAN B ($BF.B (+5,34 %)), Dominion Energy ($D (+1,27 %)), Imperial Oil ($IMO (+0,23 %)), Linde plc ($LIN), Nasdaq ($NDAQ (+1,74 %)), National Grid ($NG. (+0 %)), PepsiCo ($PEP (+7,4 %)), Suncor Energy ($SU (-0,71 %)), Ingersoll Rand ($IR (+2,28 %)) and Waste Management ($WM (+0,27 %)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Dollar General ($DG (-2,49 %)), DocuSign, Inc. ($DOCU (+1,59 %)), Canadian Imperial Bank of Commerce ($CM (+0,96 %)) , Marvell Technology Group ($MVL) and Toronto-Dominion Bank ($TD (-0,06 %)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Microsoft ($MSFT (+1,69 %)) - Microsoft CEO Satya Nadella is divesting half of his Microsoft shares, worth $285 million. According to a Microsoft spokesperson, Nadella is selling his shares for diversification and personal financial planning reasons. However, it is believed that he needs the money primarily for tax payments that may soon be due on long-term capital gains. For the same reason, Tesla ($TSLA (-0,28 %)) chief Elon Musk sold share packages worth billions.

Square ($SQ (+3,1 %)) - The payment service Square is changing its name to Block. The background to this is that Square now wants to focus more on the area of cryptocurrencies, the abbreviation "Block" stands for blockchain. The name change is to be implemented as early as December 10.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

EU countries have agreed on new transparency rules for remittances using bitcoin ($BTC (-0,24 %)) and co. On Wednesday, the EU issued a press release saying that all transfers with cryptocurrencies should be traceable in the future. This would mean that anonymous cryptowallets would no longer be allowed. Crypto service providers would thus be obliged to make the information about the recipient and sender of the transfer transparent. The background of the EU lies in the fight against criminal transactions with cryptocurrencies.

Swiss Post NFTs - On Nov. 25, 2021, Swiss Post launched 175,000 NFT stamps for 8.90 Swiss francs each. The NFT stamps were well received, selling out after only four hours. The stamps are available in 13 different designs. The novel stamp can also be used to frank a letter through a QR code on the physical stamp. However, it is mainly used as a collector's item.

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𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗖𝗵𝗶𝗽-𝗔𝘂𝗳𝘀𝗰𝗵𝘄𝘂𝗻𝗴 / 𝗦𝘁𝗮𝗵𝗹𝗵𝗮𝗿𝘁𝗲𝘀 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 / 𝗛𝗼𝗱𝗹 / 𝗣𝗲𝗿𝘂'𝘀 𝗖𝗕𝗗𝗖

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, 3M ($MMM (+1,73 %)), Cognizant ($COZ (+1,32 %)), Cummins ($CUM (+1,09 %)), Ford ($FMC1 (-0,31 %)), GlaxoSmithKline ($GS7 (-4,65 %)), Hershey Company ($HSY (+4,61 %)), L3Harris Technologies ($HRS (+1,06 %)), Microchip Technology ($MCP (+0,56 %)), Otis Elevator Company ($4PG (+1,07 %)), Raytheon Technologies ($5UR (+0,94 %)), Sherwin-Williams ($SJ3 (+0,36 %)) and Tyco Electronics ($TY1C) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Alibaba Group ($2RR (+1,53 %)), Applied Materials ($AP2 (-0,49 %)), Farfetch ($F1F), Full Truck Alliance Co ($YMM (-2,31 %)), Globant ($GLOB (+1,14 %)), Intuit ($ITU (+0,85 %)), JD.com ($013A (+3,68 %)), National Grid ($NNGF (+0 %)), Nuance Communications ($SC2), Palo Alto Networks ($5AP (+2,46 %)), Ross Stores ($RSO (+1,4 %)), Williams-Sonoma ($WM1 (+3,61 %)) and Workday ($W7D (+2,72 %)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Nvidia ($NVD (+1,5 %)) - NVIDIA shares rose sharply in the after-hours trading yesterday, driven by high demand for chips for data centers and computer games. In the past quarter, NVIDIA recorded a profit increase of 84 percent to 2.46 billion dollars. Among other things, NVIDIA's technology is used for artificial intelligence applications, graphics cards and chips for data centers. Despite concerns from competition authorities, NVIDIA is examining plans to purchase the British chip designer "Arm", whose technology is used in almost all smartphones. Based on Arm's chip architecture, Apple ($APC (+0,52 %)), Samsung ($SSUN (+1,4 %)) and Qualcomm ($QCI (-0,27 %)) design their own processors for mobile devices.

thyssenkrupp ($TKA (+1,56 %)) - The steel group thyssenkrupp beat expectations for the past 2020/21 financial year (ending September) with significant growth and benefited from the economic recovery. Adjusted earnings before interest and taxes amounted to 769 million euros. However, shareholders will have to do without a dividend again this year. The Group expects mid-single-digit percentage growth and an approximate doubling of adjusted EBIT to between 1.5 and 1.8 billion euros and a net profit of at least 1 billion euros for the recently launched new financial year.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Bitcoin ($BTC-EUR (-0,24 %)) - Latest data shows that Bitcoin holders who bought for $20,000 are refusing to sell BTC at all-time highs. Despite tempting triple gains, last November's buyers are determined to continue with the "hodl" strategy. BTC buyers hold their nerve and hold on to their coins despite various all-time highs.

Peru - The president of Peru's central bank (Julio Velarde) has announced that the country is working with India, Singapore and Hong Kong to develop a central bank digital currency (CBDC). According to the Atlantic Council, 87 countries (accounting for more than 90% of global GDP) are currently researching a CBDC, and seven have already launched their own. In comparison, only 35 countries have considered developing a CBDC in the 2020 mail.

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What do you think of the company?

Great dividend payer & balance sheets of the last years are ok.