(VIANEWS) – VEIDEKKE (VEI.OL), EDENRED (EDEN.PA), SPBK1 RINGERIKE (RING.OL) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a promise 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. VEIDEKKE (VEI.OL)
86.42% 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 7.08. Meaning, the purchaser of the share is investing kr7.08 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 39.56%.
More news about VEIDEKKE.
2. EDENRED (EDEN.PA)
68.18% Payout Ratio
Edenred SA provides transactional solutions for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, Ticket Alimentación, Ticket Transporte, Ticket Cultura, and Ticket CESU; and fleet and mobility solutions, such as Ticket Log, Ticket Car, and UTA. The company also provides complementary solutions comprising corporate payment solutions that enhance the management of inter-company cash flows made through checks or transfers; PrePay solutions; incentives and rewards programs, including Ticket Compliments and Ticket Kadéos; and public social programs. Its solutions are used in various areas, such as meals, food, fuel, business travel, childcare, shopping, transportation, agriculture, education, healthcare, training, and human services. The company was founded in 1954 and is headquartered in Issy-les-Moulineaux, France.
Earnings Per Share
As for profitability, EDENRED has a trailing twelve months EPS of €1.51.
PE Ratio
EDENRED has a trailing twelve months price to earnings ratio of 58.16. Meaning, the purchaser of the share is investing €58.16 for every euro of annual earnings.
Yearly Top and Bottom Value
EDENRED’s stock is valued at €56.42 at 17:10 EST, higher than its 52-week high of €54.58.
More news about EDENRED.
3. SPBK1 RINGERIKE (RING.OL)
63.98% Payout Ratio
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing kr14.05 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 9.9%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 32.2% and 37.6%, respectively.
Yearly Top and Bottom Value
SPBK1 RINGERIKE’s stock is valued at kr320.00 at 17:10 EST, way below its 52-week high of kr372.00 and above its 52-week low of kr304.00.
Sales Growth
SPBK1 RINGERIKE’s sales growth is 10.2% for the current quarter and 11.1% for the next.
Moving Average
SPBK1 RINGERIKE’s worth is under its 50-day moving average of kr331.16 and below its 200-day moving average of kr324.31.
More news about SPBK1 RINGERIKE.
4. OENEO (SBT.PA)
47.62% Payout Ratio
Oeneo SA operates in the wine industry worldwide. The company manufactures and sale of cork closures. It also provides solutions in wine making and spirits. Oeneo SA is headquartered in Bordeaux, France. Oeneo SA is a subsidiary of Caspar SAS.
Earnings Per Share
As for profitability, OENEO has a trailing twelve months EPS of €0.42.
PE Ratio
OENEO has a trailing twelve months price to earnings ratio of 30.95. Meaning, the purchaser of the share is investing €30.95 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 12.71%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 3, 2022, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 2.16%.
More news about OENEO.
5. MERSEN (MRN.PA)
31.15% Payout Ratio
Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through two segments, Advanced Materials and Electrical Power. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, and power transfer solutions for rail vehicles, as well as surge protection, lightning protection, and power monitoring solutions; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors, as well as industrial motor maintenance and services. It also provides anticorrosion equipment comprising heat exchangers; columns, reactors, and pressure vessels; PTFE / PFA bellows, pipes, elbows, and fittings, as well as other equipment; graphite bursting discs; and corrosion resistant materials, as well as graphite specialties, such as isostatic graphite, carbon insulation, carbon/carbon composites, silicon carbide, and flexible graphite. In addition, the company offers carbon brushes, brush-holders, brush-rockers and brush gear housings, signal and power transmission systems, current collectors, wheel flange lubrication solutions, carbon dust collection systems, monitoring solutions, and slip and electrical ring assemblies, as well as cranes. It serves energy, electronics, transportation, corrosive chemicals, and process industries, as well as other markets comprising building and construction, elevators, elevators, defense, and outdoor LED lighting, as well as heating, ventilation, and air conditioning markets. The company was formerly known as Groupe Carbone Lorraine SA and changed its name to Mersen S.A. in 2010. Mersen S.A. was founded in 1889 and is headquartered in Courbevoie, France.
Earnings Per Share
As for profitability, MERSEN has a trailing twelve months EPS of €3.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.23%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.2%, now sitting on 1.11B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 5, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 2.44%.
Moving Average
MERSEN’s value is under its 50-day moving average of €41.79 and higher than its 200-day moving average of €35.09.
More news about MERSEN.
