(VIANEWS) – ELEC.STRASBOURG (ELEC.PA), VEIDEKKE (VEI.OL), GJENSIDIGE FORSIKR (GJF.OL) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When researching 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. ELEC.STRASBOURG (ELEC.PA)
106.54% Payout Ratio
Électricite de Strasbourg Société Anonyme engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France. It is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks; provision of collective catering engineering and energy renovation services; and technical management and optimization of energy installations. The company was founded in 1899 and is based in Strasbourg, France. Électricite de Strasbourg Société Anonyme is a subsidiary of EDF Développement Environnement SA.
Earnings Per Share
As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.46.
PE Ratio
ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 11.92. Meaning, the purchaser of the share is investing €11.92 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 10.05%.
Yearly Top and Bottom Value
ELEC.STRASBOURG’s stock is valued at €95.00 at 11:10 EST, way under its 52-week high of €110.00 and above its 52-week low of €90.60.
2. VEIDEKKE (VEI.OL)
104.48% Payout Ratio
Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the construction and civil engineering projects, as well as constructs commercial buildings. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, VEIDEKKE has a trailing twelve months EPS of kr15.61.
PE Ratio
VEIDEKKE has a trailing twelve months price to earnings ratio of 7.26. Meaning, the purchaser of the share is investing kr7.26 for every norwegian krone of annual earnings.
3. GJENSIDIGE FORSIKR (GJF.OL)
85.18% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr13.55.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 12.94. Meaning, the purchaser of the share is investing kr12.94 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 17.89%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 24, 2023, the estimated forward annual dividend rate is 8.25 and the estimated forward annual dividend yield is 4.46%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 6.1% and positive 97.5% for the next.
Volume
Today’s last reported volume for GJENSIDIGE FORSIKR is 61536 which is 80.27% below its average volume of 311932.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 33.1B for the twelve trailing months.
4. CREDIT AGRICOLE (ACA.PA)
63.64% Payout Ratio
Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking – LCL; and International Retail Banking. The company offers banking products and services, including savings and current accounts and deposits, finance, payments, and flow management services; consumer finance products; and banking and specialized financial services. It also provides wealth management services that allow individual customers to manage, protect, and transfer their assets, as well as other asset management services; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products. In addition, the company offers financing solutions for property and equipment investment and renewal requirements; trade receivable financing and management solutions for corporates; and financing services for renewable energy and public infrastructure projects, as well as leasing services. Further, it provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; and asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending and borrowing, custody, depositary bank, fund administration, middle-office outsourcing solutions, and fund distribution support and issuer services. The company serves retail customers, corporates, banks and financial institutions, government agencies, and local authorities. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boétie.
Earnings Per Share
As for profitability, CREDIT AGRICOLE has a trailing twelve months EPS of €0.8.
PE Ratio
CREDIT AGRICOLE has a trailing twelve months price to earnings ratio of 12.85. Meaning, the purchaser of the share is investing €12.85 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 8.25%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 30, 2022, the estimated forward annual dividend rate is 1.05 and the estimated forward annual dividend yield is 9.29%.
5. SMARTPHOTO GROUP (SMAR.BR)
34.64% Payout Ratio
Smartphoto Group NV engages in the B2C e-commerce business in Europe. The company offers personalized products, including gifts, cards, photo books, photo calendars, prints, and wall decoration under the smartphoto brand name. It also engages in the e-commerce distribution of personalized gift packages with chocolate, alcohol, fruit, and flowers under the Nayan brand name through websites comprising Gift.be and GiftsforEurope.com. The company was formerly known as Spector Photo Group NV and changed its name to Smartphoto Group NV in May 2013. Smartphoto Group NV was founded in 1964 and is based in Wetteren, Belgium.
Earnings Per Share
As for profitability, SMARTPHOTO GROUP has a trailing twelve months EPS of €2.13.
PE Ratio
SMARTPHOTO GROUP has a trailing twelve months price to earnings ratio of 13.71. Meaning, the purchaser of the share is investing €13.71 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 16.6%.
Yearly Top and Bottom Value
SMARTPHOTO GROUP’s stock is valued at €29.20 at 11:10 EST, way below its 52-week high of €33.40 and way higher than its 52-week low of €24.70.
6. CTAC (CTAC.AS)
32.35% Payout Ratio
Ctac N.V. provides business and cloud integration services primarily in the Netherlands and Belgium. The company offers cloud, programme and change management, agile consultancy, application management, license management, service desk and coordination management, implementation, and consultancy and advice services. It also provides various solutions for cloud infrastructure, SAP S/4HANA, workplace, cyber security, unified commerce, integration, data management, data and analytics, customer experience, and innovation. In addition, the company offers SAP data warehouse, security assessment, fiori, s/4 move and hana, ECC, business warehouse, analytics, and EVM; data sync manager, ometa, binder dam, winshuttle, winshuttle evolve, inriver pim, ETIM extension for inriver pim, mendix, and XV Retail; Fit4 Real Estate, omni customer loyalty, private cloud, pricing and promotion engine, and floating basket; and Microsoft azure public cloud, teams, route365 cooker session, sharepoint, and 365. It primarily serves retail, wholesale, manufacturing, real estate, and cross industries. The company was founded in 1992 and is headquartered in ‘s-Hertogenbosch, the Netherlands.
Earnings Per Share
As for profitability, CTAC has a trailing twelve months EPS of €0.221.
PE Ratio
CTAC has a trailing twelve months price to earnings ratio of 15.84. Meaning, the purchaser of the share is investing €15.84 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 17.36%.
Moving Average
CTAC’s worth is higher than its 50-day moving average of €3.46 and below its 200-day moving average of €3.58.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.4%, now sitting on 118.38M for the twelve trailing months.
Volume
Today’s last reported volume for CTAC is 1367 which is 65.95% below its average volume of 4015.
Sales Growth
CTAC’s sales growth for the current quarter is 8.8%.
