(VIANEWS) – NEXITY (NXI.PA), VASTNED BELGIUM (VASTB.BR), HØLAND OG SETSKOG (HSPG.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 issue them.
When researching 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. 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 €1.85.
PE Ratio
NEXITY has a trailing twelve months price to earnings ratio of 12.68. Meaning, the purchaser of the share is investing €12.68 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 10.19%.
Yearly Top and Bottom Value
NEXITY’s stock is valued at €23.46 at 11:10 EST, way under its 52-week high of €34.82 and way above its 52-week low of €16.80.
2. VASTNED BELGIUM (VASTB.BR)
78.85% Payout Ratio
Vastned Retail Belgium is a public regulated real estate company (RREC), the shares of which are listed on Euronext Brussels (VASTB). Vastned Retail Belgium invests exclusively in Belgian commercial real estate, more specifically in prime retail properties located on the best shopping streets in the major cities of Antwerp, Brussels, Ghent and Bruges. Furthermore, the real estate portfolio consists of inner-city shops outside of the premium cities, high-end retail parks and retail warehouses.
Earnings Per Share
As for profitability, VASTNED BELGIUM has a trailing twelve months EPS of €-1.62.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.29%.
Volume
Today’s last reported volume for VASTNED BELGIUM is 2209 which is 254% above its average volume of 624.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8%, now sitting on 17.51M for the twelve trailing months.
3. HØLAND OG SETSKOG (HSPG.OL)
68.83% Payout Ratio
Høland og Setskog Sparebank provides banking services for the retail and corporate markets in Norway. It offers deposits and loans, as well as insurance products. The company was formerly known as Holand Sparebank and changed its name to Høland og Setskog Sparebank in 2010. The company was founded in 1849 and is headquartered in Bjørkelangen, Norway.
Earnings Per Share
As for profitability, HØLAND OG SETSKOG has a trailing twelve months EPS of kr77.15.
PE Ratio
HØLAND OG SETSKOG has a trailing twelve months price to earnings ratio of 1.91. Meaning, the purchaser of the share is investing kr1.91 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 5.82%.
Sales Growth
HØLAND OG SETSKOG’s sales growth is 12.5% for the current quarter and negative 7.9% for the next.
Volume
Today’s last reported volume for HØLAND OG SETSKOG is 513 which is 280% above its average volume of 135.
Yearly Top and Bottom Value
HØLAND OG SETSKOG’s stock is valued at kr147.00 at 11:10 EST, way under its 52-week high of kr169.00 and way above its 52-week low of kr131.00.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 33.8% and 10.3%, respectively.
4. SPBK 1 NORDMØRE (SNOR.OL)
50.15% Payout Ratio
SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.
Earnings Per Share
As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr9.31.
PE Ratio
SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 13.86. Meaning, the purchaser of the share is investing kr13.86 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 9.57%.
5. GLANBIA PLC (GL9.IR)
42.45% 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 27.67. Meaning, the purchaser of the share is investing €27.67 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 11.06%.
