(VIANEWS) – PROTECTOR FORSIKRG (PROT.OL), SPAREBANK 1 SMN (MING.OL), CORTICEIRA AMORIM (COR.LS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. PROTECTOR FORSIKRG (PROT.OL)
155.8% Payout Ratio
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in two segments, Commercial Lines of Business and Public Lines of Business. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. The company was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr9.68.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 14.07. Meaning, the purchaser of the share is investing kr14.07 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 24.01%.
Volume
Today’s last reported volume for PROTECTOR FORSIKRG is 153975 which is 125.23% above its average volume of 68361.
Moving Average
PROTECTOR FORSIKRG’s worth is under its 50-day moving average of kr139.52 and way above its 200-day moving average of kr122.34.
2. SPAREBANK 1 SMN (MING.OL)
65.58% Payout Ratio
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, green, car, boat, other vehicles, and consumer loans, as well as refinancing, as well as savings accounts. It also provides BSU house savings for young people, BSU, and mikrosparing, as well as fixed rate and green deposits, and placement accounts; savings funds; investment solutions, such as share savings accounts, stock trading, and private banking services; and individual pension savings, and pension savings accounts. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various debit and credit cards. Further, it offers loans and finances, including bank guarantees, corporate and construction loans, operating credit for agriculture, factoring, invoice sales, leasing, and liquidity loans with government guarantees; various pension products; and business and personal insurance products. Additionally, the company provides services, including accounting and payroll, HR, taxes and duties, and change of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr8.87.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 13.71. Meaning, the purchaser of the share is investing kr13.71 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 11.54%.
Volume
Today’s last reported volume for SPAREBANK 1 SMN is 128984 which is 4.84% below its average volume of 135546.
Sales Growth
SPAREBANK 1 SMN’s sales growth is negative 0.7% for the present quarter and 9.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 7.5% and 16.6%, respectively.
3. CORTICEIRA AMORIM (COR.LS)
46.88% Payout Ratio
Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and Insulation Cork segments. It offers cork raw materials; cork stoppers for sparkling wine, spirit, beer, and cider industries; and cork wall and floor coverings. The company also provides cork composite solutions to use in various applications, such as aerospace, mobility, energy, sealing, construction, sports surfaces, flooring, home, office and leisure goods, footwear, panels, and composites. In addition, it offers insulation cork materials to use in sustainable insulation/construction, and interior and exterior designing. The company was founded in 1870 and is headquartered in Mozelos, Portugal.
Earnings Per Share
As for profitability, CORTICEIRA AMORIM has a trailing twelve months EPS of €0.48.
PE Ratio
CORTICEIRA AMORIM has a trailing twelve months price to earnings ratio of 20.08. Meaning, the purchaser of the share is investing €20.08 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 16.44%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 19, 2022, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 3.03%.
Volume
Today’s last reported volume for CORTICEIRA AMORIM is 25510 which is 63.93% below its average volume of 70740.
Moving Average
CORTICEIRA AMORIM’s worth is above its 50-day moving average of €9.05 and above its 200-day moving average of €9.57.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.2%, now sitting on 1.02B for the twelve trailing months.
4. IMMOBEL (IMMO.BR)
42.57% Payout Ratio
Immobel SA engages in the real estate development business in Belgium, Luxemburg, France, Germany, Poland, and Spain. The company undertakes office, residential, and retail projects, as well as develops real estate projects for living, working, and recreational activities. It also provides project management and leasing services. The company was formerly known as Allfin NV and changed its name to Immobel SA in June 2016. Immobel SA was incorporated in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, IMMOBEL has a trailing twelve months EPS of €3.58.
PE Ratio
IMMOBEL has a trailing twelve months price to earnings ratio of 12.64. Meaning, the purchaser of the share is investing €12.64 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 13.16%.
Yearly Top and Bottom Value
IMMOBEL’s stock is valued at €45.20 at 06:10 EST, way under its 52-week high of €76.50 and way above its 52-week low of €39.00.
Moving Average
IMMOBEL’s worth is below its 50-day moving average of €49.96 and way below its 200-day moving average of €51.83.
Volume
Today’s last reported volume for IMMOBEL is 2639 which is 25.26% below its average volume of 3531.
5. SMURFIT KAPPA GP (SK3.IR)
35.3% Payout Ratio
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in the Americas and Europe. The company offers consumer, retail, industrial, e-commerce, heavy-duty corrugated, and hexacomb packaging products; composite cardboard tubes, bags, and sacks; and bag-in-box, a packaging system that comprises films, accessories, bags, taps, and boxes. It also provides point of sale displays; safespace communication standees; automated packing lines; various types of containerboards, such as Kraftliners, testliners, and containerboard flutings; and corrugated sheet boards, solid board sheets, other papers and boards, folding carton sheet boards, sack Kraft papers, MG brown Kraft papers, preprint products, agro-papers, technical papers, BanaBag, and Catcher Board MB12. In addition, the company offers recycling solutions to cardboard and paper products. It primarily serves consumer goods, industrial goods, and food and drink sectors. Smurfit Kappa Group plc was founded in 1934 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, SMURFIT KAPPA GP has a trailing twelve months EPS of €2.26.
PE Ratio
SMURFIT KAPPA GP has a trailing twelve months price to earnings ratio of 14.66. Meaning, the purchaser of the share is investing €14.66 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 20.04%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 13, 2023, the estimated forward annual dividend rate is 1.39 and the estimated forward annual dividend yield is 4.01%.
Volume
Today’s last reported volume for SMURFIT KAPPA GP is 167831 which is 73.41% below its average volume of 631331.
6. BENETEAU (BEN.PA)
31.25% Payout Ratio
Bénéteau S.A. designs, manufactures, and sells boats and leisure homes in France and internationally. It provides boats under the Beneteau, Jeanneau, Lagoon, Prestige, Monte Carlo Yachts, Four Winns, Glastron, Scarab, WellCraft, EXCESS, and Delphia brand names; and leisure homes under the IRM, O'HARA, and Coco Sweet brand names. The company also offers bandofbaots.com, a community services platform for purchase and sale of new or used boats; lease purchase, credit, and insurance services through SGB Finance; and inventory and retail finance solutions. Bénéteau S.A. was founded in 1884 and is headquartered in Saint Gilles Croix de Vie, France.
Earnings Per Share
As for profitability, BENETEAU has a trailing twelve months EPS of €0.96.
PE Ratio
BENETEAU has a trailing twelve months price to earnings ratio of 33.09. Meaning, the purchaser of the share is investing €33.09 for every euro of annual earnings.
Moving Average
BENETEAU’s value is under its 50-day moving average of €15.68 and way higher than its 200-day moving average of €12.26.
