(VIANEWS) – GOLDEN OCEAN GROUP (GOGL.OL), BRUNEL INTERNAT (BRNL.AS), TINC (TINC.BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise 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. 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 kr24.33.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 4.03. Meaning, the purchaser of the share is investing kr4.03 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 24.02%.
More news about GOLDEN OCEAN GROUP.
2. BRUNEL INTERNAT (BRNL.AS)
77.59% Payout Ratio
Brunel International N.V. provides secondment, project management, recruitment, and consultancy services in the Netherlands and internationally. It offers logistics services, including food, accommodation, and transport; global mobility and immigration; new location startup. The company also provides recruitment services, such as career industry training, contracting and secondment, maintenance training, offshore recruitment, permanent/direct recruitment, staff secondment, talent acquisition, and technical training. In addition, it offers technical services comprising commissioning and start-up; health, safety, and environment; project management; work statement; and third-party vendor inspection. The company serves life sciences, renewable energy, oil and gas, infrastructure, future mobility, and mining industries. Brunel International N.V. was incorporated in 1975 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, BRUNEL INTERNAT has a trailing twelve months EPS of €0.57.
PE Ratio
BRUNEL INTERNAT has a trailing twelve months price to earnings ratio of 21.33. Meaning, the purchaser of the share is investing €21.33 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 9.93%.
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3. TINC (TINC.BR)
75.36% Payout Ratio
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Earnings Per Share
As for profitability, TINC has a trailing twelve months EPS of €0.5.
PE Ratio
TINC has a trailing twelve months price to earnings ratio of 24.34. Meaning, the purchaser of the share is investing €24.34 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 5.42%.
Moving Average
TINC’s worth is below its 50-day moving average of €12.43 and below its 200-day moving average of €12.75.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 24, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.36%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 27.4%, now sitting on 39.82M for the twelve trailing months.
Yearly Top and Bottom Value
TINC’s stock is valued at €12.12 at 11:10 EST, way under its 52-week high of €13.96 and higher than its 52-week low of €12.06.
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4. MPC CONTAINER SHIP (MPCC.OL)
75.04% Payout Ratio
MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet of 75 ships with a total capacity of 158,000 TEU. The company charters out its vessels to liner shipping companies and regional carriers. MPC Container Ships ASA was incorporated in 2017 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MPC CONTAINER SHIP has a trailing twelve months EPS of kr10.33.
PE Ratio
MPC CONTAINER SHIP has a trailing twelve months price to earnings ratio of 1.61. Meaning, the purchaser of the share is investing kr1.61 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 60.05%.
Sales Growth
MPC CONTAINER SHIP’s sales growth is 11% for the present quarter and negative 1.3% for the next.
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5. CATERPILLAR INC (CATR.PA)
36.55% Payout Ratio
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Its Construction Industries segment offers asphalt pavers, compactors, cold planers, motor graders, pipelayers, forestry machines, road reclaimers, wheel excavators, telehandlers; backhoe, compact track, multi-terrain, skid steer loaders, and track-type loaders; and track-type tractors. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway and articulated trucks, wheel tractor scrapers, wheel dozers, landfill and soil compactors, machinery components, electronics and control systems, select work tools, and hard rock continuous mining systems. Its Energy & Transportation segment offers reciprocating engine powered generator sets; reciprocating engines and integrated systems for the power generation, marine, oil, and gas industries; turbines, centrifugal gas compressors, and related services; remanufactured reciprocating engines and components; and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing; and insurance and risk management products. Its All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, fluid transfer products, precision seals, and rubber sealing and connecting components; parts distribution; integrated logistics solutions and distribution services; and digital investments services. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, CATERPILLAR INC has a trailing twelve months EPS of €5.19.
PE Ratio
CATERPILLAR INC has a trailing twelve months price to earnings ratio of 39.32. Meaning, the purchaser of the share is investing €39.32 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 41.37%.
Yearly Top and Bottom Value
CATERPILLAR INC’s stock is valued at €204.00 at 11:10 EST, way under its 52-week high of €257.00 and way above its 52-week low of €165.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.3%, now sitting on 59.43B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 19, 2023, the estimated forward annual dividend rate is 4.5 and the estimated forward annual dividend yield is 1.88%.
More news about CATERPILLAR INC.
