(VIANEWS) – AKZO NOBEL (AKZA.AS), SPAREBANKEN SØR (SOR.OL), SPBK1 ØSTFOLD AKE (SOAG.OL) are the highest payout ratio stocks on this list.
We have gathered information regarding 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 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. AKZO NOBEL (AKZA.AS)
96.12% Payout Ratio
Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings. The company also provides performance coatings that protect and enhance ships, cars, aircraft, yachts, architectural components, consumer goods, and oil and gas facilities. It offers its products primarily under AkzoNobel, Alabastine, Alba, Andercol, Apla, Armstead Trade, Astral, AwlGrip, Dulux, Bruguer, Cetabever, Cetol, Chemcraft, Colourland Paints, Coral, Cromadex, Cuprinol, Dynacoat, Flexa, Glitsa, Grip-Gard, Zweihorn, Xylazel, Xyladecor, Wanda, Vpowdertech, Vivechrom, U-tech, Trimetal, Titanlux, Taubmans, Sparlack, Sikkens, Savana, and Salcomix, as well as Sadolin, Resicoat, Relest, Procolor, Polyfilla, Polycell, Pinotex, Pintuco, Oxirite, Nordsjo, Molto, Modern Classikk, Maxilite, Mauvilac, Mason CT, Marshall, Laxol, Levis, Lesonal, Interpon, International, Interlux, Innenweis, Inca, Herbol, and Hammerite brands. The company was formerly known as Akzo NV and changed its name to Akzo Nobel N.V. in 1994. Akzo Nobel N.V. was founded in 1646 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, AKZO NOBEL has a trailing twelve months EPS of €2.06.
PE Ratio
AKZO NOBEL has a trailing twelve months price to earnings ratio of 35.81. Meaning, the purchaser of the share is investing €35.81 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 7.62%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.4%, now sitting on 10.85B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 25, 2023, the estimated forward annual dividend rate is 1.98 and the estimated forward annual dividend yield is 2.69%.
Sales Growth
AKZO NOBEL’s sales growth for the current quarter is 1.9%.
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2. SPAREBANKEN SØR (SOR.OL)
67.23% Payout Ratio
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr11.85.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 10.55. Meaning, the purchaser of the share is investing kr10.55 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 8.36%.
Moving Average
SPAREBANKEN SØR’s worth is under its 50-day moving average of kr130.48 and below its 200-day moving average of kr129.57.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 67.7% and 67.1%, respectively.
Yearly Top and Bottom Value
SPAREBANKEN SØR’s stock is valued at kr125.00 at 12:10 EST, way below its 52-week high of kr158.00 and higher than its 52-week low of kr116.00.
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3. SPBK1 ØSTFOLD AKE (SOAG.OL)
47.41% Payout Ratio
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr33.74.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.72. Meaning, the purchaser of the share is investing kr9.72 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 10.79%.
Volume
Today’s last reported volume for SPBK1 ØSTFOLD AKE is 1916 which is 54.26% above its average volume of 1242.
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4. ABEO (ABEO.PA)
31.82% Payout Ratio
Abéo SA designs, manufactures, and distributes sports and leisure equipment in France and internationally. It offers gymnastics apparatus and landing mats, team sports equipment, physical education, climbing walls, and changing room fittings. It offers its products under the GYMNOVA, JANSSEN-FRITSEN, SPIETH GYMNASTICS, SCHELDE SPORTS, SPIETH AMERICA, SPORTSAFE, ERHARD SPORT, ADEC SPORT, O'JUMP, CANNICE, BOSAN, PCV, VOGOSCOPE, BIGAIRBAG, ENTRE-PRISES, CLIP'n CLIMB, TOP30, FUN SPOT, CLIMBAT, FRANCE EQUIPEMENT, META, PROSPEC, NAVIC, SANITEC, SUFFIXE, and SANELITE brands. The company was founded in 1955 and is headquartered in Rioz, France.
Earnings Per Share
As for profitability, ABEO has a trailing twelve months EPS of €1.27.
PE Ratio
ABEO has a trailing twelve months price to earnings ratio of 12.91. Meaning, the purchaser of the share is investing €12.91 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 8.59%.
Yearly Top and Bottom Value
ABEO’s stock is valued at €16.40 at 12:10 EST, way under its 52-week high of €21.50 and above its 52-week low of €15.00.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 22, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.07%.
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5. 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 15.92. Meaning, the purchaser of the share is investing €15.92 for every euro of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.6%, now sitting on 1.28B for the twelve trailing months.
More news about BENETEAU.
