Legrand SA

Legrand, based in Limoges, is a global specialist in electrical and digital building infrastructure, making the switches, sockets, cable management and increasingly the connected and data-centre products that power homes, offices and factories. Its focus on this essential, high-margin niche and a steady stream of acquisitions drive dependable growth. Legrand has raised its dividend consistently over the years, funded by reliable cash flow, and pays out a healthy share of profits. A moderate, steadily growing yield backed by exposure to electrification and data centres gives it a strong dividend profile.