(VIANEWS) – AKZO NOBEL (AKZA.AS), GJENSIDIGE FORSIKR (GJF.OL), MPC CONTAINER SHIP (MPCC.OL) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. 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 issue them.
When investigating 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 36.17. Meaning, the purchaser of the share is investing €36.17 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 6.37%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 46.4% and 124.6%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AKZO NOBEL’s EBITDA is 82.4.
Moving Average
AKZO NOBEL’s worth is above its 50-day moving average of €71.26 and way higher than its 200-day moving average of €66.73.
More news about AKZO NOBEL.
2. GJENSIDIGE FORSIKR (GJF.OL)
87.67% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.4.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 19.27. Meaning, the purchaser of the share is investing kr19.27 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 21.65%.
More news about GJENSIDIGE FORSIKR.
3. MPC CONTAINER SHIP (MPCC.OL)
81.17% Payout Ratio
MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 62 vessels with an aggregate capacity of approximately 134,270 twenty-foot equivalent units. 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 kr10.55.
PE Ratio
MPC CONTAINER SHIP has a trailing twelve months price to earnings ratio of 1.56. Meaning, the purchaser of the share is investing kr1.56 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%.
Moving Average
MPC CONTAINER SHIP’s value is below its 50-day moving average of kr17.70 and way under its 200-day moving average of kr18.33.
More news about MPC CONTAINER SHIP.
4. CBO TERRITORIA (CBOT.PA)
58.54% Payout Ratio
CBo Territoria SA engages in the urban planning and development, and property development and investment activities in France. The company develops and sells housings, offices, buildings, retail parks, shopping centers, business premises, and warehouses. It is also involved in the leisure, marketing, and coworking businesses. In addition, the company also owns approximately 3,000 hectares of land in Réunion Island. CBo Territoria SA was founded in 2004 and is headquartered in Sainte-Marie, France.
Earnings Per Share
As for profitability, CBO TERRITORIA has a trailing twelve months EPS of €0.41.
PE Ratio
CBO TERRITORIA has a trailing twelve months price to earnings ratio of 9.37. Meaning, the purchaser of the share is investing €9.37 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 7.05%.
Yearly Top and Bottom Value
CBO TERRITORIA’s stock is valued at €3.84 at 02:10 EST, under its 52-week high of €3.92 and way higher than its 52-week low of €3.42.
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5. TOTENS SPAREBANK (TOTG.OL)
52.38% Payout Ratio
Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Earnings Per Share
As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr20.33.
PE Ratio
TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 9.84. Meaning, the purchaser of the share is investing kr9.84 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 10.47%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 51.7% and 14.9%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 1, 2022, the estimated forward annual dividend rate is 10 and the estimated forward annual dividend yield is 4.59%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.8%, now sitting on 503.35M for the twelve trailing months.
Yearly Top and Bottom Value
TOTENS SPAREBANK’s stock is valued at kr200.00 at 02:10 EST, way under its 52-week high of kr264.00 and higher than its 52-week low of kr182.00.
More news about TOTENS SPAREBANK.
