(VIANEWS) – GOLDEN OCEAN GROUP (GOGL.OL), TEXAF (TEXF.BR), VAN DE VELDE (VAN.BR) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio so far. 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 issue 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. GOLDEN OCEAN GROUP (GOGL.OL)
102.62% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr-7.97.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.02%.
Yearly Top and Bottom Value
GOLDEN OCEAN GROUP’s stock is valued at kr96.84 at 11:10 EST, way under its 52-week high of kr156.55 and way above its 52-week low of kr78.50.
Revenue Growth
Year-on-year quarterly revenue growth declined by 33.5%, now sitting on 1.11B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 16.37 and the estimated forward annual dividend yield is 15.4%.
2. TEXAF (TEXF.BR)
74.72% Payout Ratio
Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 333 homes, including 53 villas and 280 apartments with a residential area of 62,192 square meters; 26,313 square meters of office and retail space; and 30,146 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. The company was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.
Earnings Per Share
As for profitability, TEXAF has a trailing twelve months EPS of €1.27.
PE Ratio
TEXAF has a trailing twelve months price to earnings ratio of 26.97. Meaning, the purchaser of the share is investing €26.97 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 6.91%.
3. VAN DE VELDE (VAN.BR)
72.67% Payout Ratio
Van de Velde NV, together with its subsidiaries, designs, develops, manufactures, and markets fashionable luxury lingerie and swimwear for women worldwide. It operates through two segments, Wholesale and Retail. The company offers its products under the PrimaDonna, Marie Jo, Andres Sarda, and Lingerie Styling brands. It also operates retail websites under the name of Rigby & Peller, Lincherie, Andres Sarda, and PrimaDonna; and specialized boutiques and department stores. The company was founded in 1919 and is headquartered in Schellebelle, Belgium. Van de Velde NV is a subsidiary of Van de Velde Holding NV.
Earnings Per Share
As for profitability, VAN DE VELDE has a trailing twelve months EPS of €1.11.
PE Ratio
VAN DE VELDE has a trailing twelve months price to earnings ratio of 31.32. Meaning, the purchaser of the share is investing €31.32 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 24.06%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.1%, now sitting on 211.96M for the twelve trailing months.
Volume
Today’s last reported volume for VAN DE VELDE is 1726 which is 80.77% below its average volume of 8979.
Yearly Top and Bottom Value
VAN DE VELDE’s stock is valued at €34.70 at 11:10 EST, way under its 52-week high of €39.95 and way above its 52-week low of €29.45.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 3, 2022, the estimated forward annual dividend rate is 2.03 and the estimated forward annual dividend yield is 5.73%.
4. NRJ GROUP (NRG.PA)
45.65% Payout Ratio
NRJ Group SA, a private media company, operates as a publisher, producer, and broadcaster in France and internationally. It operates 4 radio stations under the NRJ, CHERIE FM, NOSTALGIE, and RIRE & CHANSONS brands; approximately 230 digital radios; 6 websites; and 7 mobile applications, as well as a replay TV. The company also operates two national channels, which include NRJ 12 and CHERIE 25; and NRJ Hits, a music channel for cable satellite. In addition, it engages in advertising activities; marketing activities; operates musical shows under the NRJ Music label; and audio and audio visual, trademark licensing, and real estate activities. The company has a strategic partnership with iHeartMedia, Inc. NRJ Group SA was founded in 1981 and is based in Paris, France.
Earnings Per Share
As for profitability, NRJ GROUP has a trailing twelve months EPS of €0.52.
PE Ratio
NRJ GROUP has a trailing twelve months price to earnings ratio of 12.34. Meaning, the purchaser of the share is investing €12.34 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 5.58%.
Moving Average
NRJ GROUP’s worth is below its 50-day moving average of €6.60 and below its 200-day moving average of €6.41.
