(VIANEWS) – GOLDEN OCEAN GROUP (GOGL.OL), SOGECLAIR (SOG.PA), ESSILORLUXOTTICA (EL.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute 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 kr23.18.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 3.91. Meaning, the purchaser of the share is investing kr3.91 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 24.02%.
More news about GOLDEN OCEAN GROUP.
2. SOGECLAIR (SOG.PA)
85.71% Payout Ratio
Sogeclair SA provides engineering and production services to the aeronautics, space, civil and military transport in France. It operates through three divisions: Aerospace, Vehicle, and Simulation. The Aerospace division engages in the provision of engineering services in aerostructures, cabins, systems, and manufacturing engineering and tooling services; and design and manufacture of complex structural thermoplastic products, additive manufacturing, and cockpit equipment, as well as cabin furniture and mechanism. The Vehicle division is involved in the design and production of special civilian and military vehicles, as well as terrestrial drones, multi-mission platforms, and adapting vehicles. The Simulation division engages in the design and supply of turnkey simulators; and development of software simulation platforms. Sogeclair SA was incorporated in 1986 and is headquartered in Blagnac, France.
Earnings Per Share
As for profitability, SOGECLAIR has a trailing twelve months EPS of €0.66.
PE Ratio
SOGECLAIR has a trailing twelve months price to earnings ratio of 29.55. Meaning, the purchaser of the share is investing €29.55 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 4.24%.
More news about SOGECLAIR.
3. ESSILORLUXOTTICA (EL.PA)
51.97% Payout Ratio
EssilorLuxottica Société anonyme engages in design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses in Europe, Middle East, Africa, Latin America, Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Crizal, Essilor, Eyezen, Stellest, Xperio, Optifog, Satisloh, Barberini, Shamir, Nikon, KODAK Lens, Oakley, OPTIFOG, Ray-Ban, Transitions, Vailux, and Xperio brands. It also provides eyewear products under the Ray-Ban, Oakley, Persol, Oliver Peoples, Alain Mikli, Costa del Mar, Native Eyewear, Luxottica, Sferoflex, Heritage, Sensaya, Miki Ninn, DbyD, Unofficial and Seen, Arnette, Vogue Eyewear, Bolon, Molsion, and Ossé, as well as other Licensed brands. In addition, the company designs, develops, markets, and maintains lens edging and mounting instruments for opticians and prescription laboratories; and optometry instruments for eyecare professionals, schools, occupational medicine centers, military, and other institutions. It wholesales its products to independent opticians, distributors, third-party e-commerce platforms, and large retail chains in the eyecare and eyewear industry; and sells directly to consumers through the network of physical stores or its online channels. The company was formerly known as Essilor International Société Anonyme and changed its name to EssilorLuxottica Société anonyme in October 2018. EssilorLuxottica Société anonyme was founded in 1849 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, ESSILORLUXOTTICA has a trailing twelve months EPS of €4.7.
PE Ratio
ESSILORLUXOTTICA has a trailing twelve months price to earnings ratio of 38.91. Meaning, the purchaser of the share is investing €38.91 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 6.16%.
Moving Average
ESSILORLUXOTTICA’s worth is higher than its 50-day moving average of €168.07 and way above its 200-day moving average of €164.43.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 24.49B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 3.23 and the estimated forward annual dividend yield is 1.75%.
More news about ESSILORLUXOTTICA.
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 13.39. Meaning, the purchaser of the share is investing €13.39 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 €17.00 at 22:10 EST, way below its 52-week high of €21.50 and way above its 52-week low of €15.00.
Volume
Today’s last reported volume for ABEO is 362 which is 69.98% below its average volume of 1206.
Moving Average
ABEO’s value is way under its 50-day moving average of €18.96 and under its 200-day moving average of €18.70.
Dividend Yield
As maintained 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%.
More news about ABEO.
5. RETAIL ESTATES (RET.BR)
31.81% Payout Ratio
The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making in out-of-town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. Real Estates NV acquires these real properties from third parties or builds and commercialises retail buildings for its own account. The buildings have useful areas ranging between 500m² and 3,000m². A typical retail building has an average area of 1,000 m².
Earnings Per Share
As for profitability, RETAIL ESTATES has a trailing twelve months EPS of €14.5.
PE Ratio
RETAIL ESTATES has a trailing twelve months price to earnings ratio of 4.57. Meaning, the purchaser of the share is investing €4.57 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 21.3%.
Volume
Today’s last reported volume for RETAIL ESTATES is 2145 which is 75.7% below its average volume of 8830.
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