(VIANEWS) – NEXITY (NXI.PA), TIETOEVRY (TIETO.OL), WERELDHAVE BELGIUM (WEHB.BR) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.
1. NEXITY (NXI.PA)
165.56% Payout Ratio
Nexity SA operates as a real estate company in Europe and internationally. The company operates through Development, Services, and Other Activities divisions. It develops new homes and subdivisions; and new or refurbished office buildings, high-rises, business parks, logistics facilities, retail property, hotels, and other industrial spaces. The company also provides property management services comprising rental management, sales and lettings, and condominium managing agent services, as well as manages serviced residences for students and for seniors; distributes real estate products under the iSelection and PERL brands; offers real estate brokerage, and space planning services; and real estate services, including rental management and property management services. In addition, it engages in the villes and projets, and pre-development urban regeneration project activities; and investment activities, as well as startup in the incubation phase. The company serves individual, commercial, institutional, and local authority clients. Nexity SA was founded in 1995 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, NEXITY has a trailing twelve months EPS of €1.51.
PE Ratio
NEXITY has a trailing twelve months price to earnings ratio of 16.37. Meaning, the purchaser of the share is investing €16.37 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.25%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 10.3%.
Yearly Top and Bottom Value
NEXITY’s stock is valued at €24.72 at 06:05 EST, way under its 52-week high of €35.68 and way above its 52-week low of €16.80.
2. TIETOEVRY (TIETO.OL)
81.87% Payout Ratio
TietoEVRY Oyj operates as a software and services company. It operates through six segments: Digital Consulting, Cloud & Infra, Industry Software, Financial Services Solutions, International Operations, and Product Development Services. The Digital Consulting segment offers consulting services, including business and technology advisory, as well as system integration and managed application services. The Cloud & Infra segment provides automated solutions, which include managed cloud, security, and end-user services, as well as cloud migration advisory and transformation services. The Industry Software segment provides with industry-specific software products for business-critical processes of clients in the public and healthcare, and welfare sectors, as well as in the forest industry, and energy and oil and gas segments. The Financial Services Solutions segment offers real-time solution in the areas of payments, cards, wealth management, and credit, as well as BPO services. The Product Development Services segment offers software R&D services with a focus on the telecom sector, as well as new domains, such as automotive serving the communications infrastructure, consumer electronics, and semiconductor companies, and the automotive industry. It operates in Finland, Sweden, Norway, Austria, the Baltic countries, Russia, and internationally. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019. TietoEVRY Oyj was founded in 1968 and is headquartered in Espoo, Finland.
Earnings Per Share
As for profitability, TIETOEVRY has a trailing twelve months EPS of kr18.76.
PE Ratio
TIETOEVRY has a trailing twelve months price to earnings ratio of 17.38. Meaning, the purchaser of the share is investing kr17.38 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.07%.
3. WERELDHAVE BELGIUM (WEHB.BR)
60.03% Payout Ratio
Wereldhave Belgium focuses on shopping centres and retail parks that are dominant in their catchment area. The shares are listed on the Euronext Brussels stock exchange. On 31 March 2020, Wereldhave Belgium's market capitalisation amounts to € 403 million.
Earnings Per Share
As for profitability, WERELDHAVE BELGIUM has a trailing twelve months EPS of €-2.81.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.05%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 17, 2023, the estimated forward annual dividend rate is 4.56 and the estimated forward annual dividend yield is 8.17%.
4. CBO TERRITORIA (CBOT.PA)
58.54% Payout Ratio
CBo Territoria SA engages in the urban planning and development, and property development and investment activities in France. The company develops and sells housings, offices, buildings, retail parks, shopping centers, business premises, and warehouses. It is also involved in the leisure, marketing, and coworking businesses. In addition, the company also owns approximately 3,000 hectares of land in Réunion Island. CBo Territoria SA was founded in 2004 and is headquartered in Sainte-Marie, France.
PE Ratio
CBO TERRITORIA has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing €9.05 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.52%.
5. SPBK1 HELGELAND (HELG.OL)
46.91% Payout Ratio
SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, and insurance products, as well as leasing and mortgage services. The company also engages in owning, managing, letting, buying, and selling commercial properties. It operates through three branches located in Mosjøen, Brønnøysund, and Sandnessjøen. The company was founded in 1860 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, SPBK1 HELGELAND has a trailing twelve months EPS of kr6.8.
PE Ratio
SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 19.71. Meaning, the purchaser of the share is investing kr19.71 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.31%.
Yearly Top and Bottom Value
SPBK1 HELGELAND’s stock is valued at kr134.00 at 06:05 EST, under its 52-week high of kr138.00 and way above its 52-week low of kr103.00.
6. GLANBIA PLC (GL9.IR)
41.87% Payout Ratio
Glanbia plc operates as a nutrition company worldwide. The company manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, online, and gyms, as well the food, drug, mass, and club channels. It engages in the manufacture and sale of cheese, dairy, and non-dairy nutritional and functional ingredients, and vitamin and mineral premixes. In addition, the company engages in the financing, research and development, property and land dealing, receivables management, management, property leasing, business service, and weight management solutions businesses. It operates a portfolio of brands, including OPTIMUM NUTRITION, SlimFast, BSN, ISOPURE, NUTRAMINO, think!, Amazing Grass, and BODY&FIT brands. Glanbia plc was founded in 1964 and is headquartered in Kilkenny, Ireland.
Earnings Per Share
As for profitability, GLANBIA PLC has a trailing twelve months EPS of €0.49.
PE Ratio
GLANBIA PLC has a trailing twelve months price to earnings ratio of 23.72. Meaning, the purchaser of the share is investing €23.72 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.08%.
Moving Average
GLANBIA PLC’s value is under its 50-day moving average of €11.53 and higher than its 200-day moving average of €11.48.
Yearly Top and Bottom Value
GLANBIA PLC’s stock is valued at €11.53 at 06:05 EST, way under its 52-week high of €13.09 and way higher than its 52-week low of €9.70.
