(VIANEWS) – MELHUS SPAREBANK (MELG.OL), ROCHE BOBOIS (RBO.PA), CREDIT AGRICOLE (ACA.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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. MELHUS SPAREBANK (MELG.OL)
82.55% Payout Ratio
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.
Earnings Per Share
As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr12.72.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 12.5. Meaning, the purchaser of the share is investing kr12.5 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 8.04%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 7.05%.
More news about MELHUS SPAREBANK.
2. ROCHE BOBOIS (RBO.PA)
65.95% Payout Ratio
Roche Bobois S.A. engages in the furniture design and distribution business worldwide. It provides living room products, such as sofas and sofa beds, coffee tables, armchairs, wall compositions, cocktail tables, TV units, bookcases, cabinets, side tables, consoles, and occasional furniture; dining room products, including chairs, stools, benches, sideboards, dining tables, columns, dressers, and dining room storage products; desks; bedroom products comprising beds, wardrobes, bedside tables, screens, complements, and other bedroom furniture products; outdoor furniture products; and lights, cushions, rugs, mirrors, decorative objects, and home furnishings, as well as other furniture products. The company offers its products under the Roche Bobois and Cuir Center brands. As of March 31, 2022, it operated 128 owned and 210 franchised stores in 56 countries worldwide, as well as an online store. The company was formerly known as Furn-Invest S.A.S. Roche Bobois S.A. was founded in 1960 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, ROCHE BOBOIS has a trailing twelve months EPS of €2.92.
PE Ratio
ROCHE BOBOIS has a trailing twelve months price to earnings ratio of 14.9. Meaning, the purchaser of the share is investing €14.9 for every euro of annual earnings.
Volume
Today’s last reported volume for ROCHE BOBOIS is 566 which is 73.82% below its average volume of 2162.
Moving Average
ROCHE BOBOIS’s value is above its 50-day moving average of €41.74 and way higher than its 200-day moving average of €36.65.
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3. CREDIT AGRICOLE (ACA.PA)
63.95% Payout Ratio
Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services in France, Italy, rest of Europe, and internationally. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking – LCL; and International Retail Banking segments. The company offers banking products and services, including savings, current, and money market accounts and deposits; finance, payment, and cash flow management services; consumer finance products; and banking and specialized financial services. It also provides wealth management services comprising a range of savings and investment solutions in traditional or real assets; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products. In addition, the company offers financing solutions for property and equipment investment and renewal requirements; trade receivable financing and management solutions for corporates; and financing services for renewable energy and public infrastructure projects, as well as leasing services. Further, it provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending and borrowing, custody, depositary bank, fund administration, middle-office outsourcing solutions, and fund distribution support and issuer services; and online banking services. The company serves retail customers, corporates, banks and financial institutions, government agencies, and local authorities. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boétie.
Earnings Per Share
As for profitability, CREDIT AGRICOLE has a trailing twelve months EPS of €1.66.
PE Ratio
CREDIT AGRICOLE has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing €7.17 for every euro of annual earnings.
Yearly Top and Bottom Value
CREDIT AGRICOLE’s stock is valued at €11.90 at 07:10 EST, below its 52-week high of €11.94 and way higher than its 52-week low of €8.09.
Sales Growth
CREDIT AGRICOLE’s sales growth is negative 5.7% for the present quarter and 2.5% for the next.
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4. HAL TRUST (HAL.AS)
38.67% Payout Ratio
HAL Trust, together with its subsidiaries, operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally. The company operates through Unquoted, Quoted Minority Interests, Real Estates, and Liquid Portfolio segments. It engages in production of composite panels; residential construction, utility construction, project development, and renovation activities; supply of timber products and building materials; and develop, distributes, and e-commerce computer gaming equipment. The company also provides furniture and fit-out services; sells medical and hearing aid products; offers shipping, greenhouse construction, information and data, credit management, and factoring services; and operates temporary staffing agency, optical retail chain, mortgage funding, and greenhouse projects, as well as offers certification and benchmarking human resource polices. In addition, it manufactures and distributes optical frames and sunglasses; and design, builds, installs, and operates offshore floating facilities, as well as provides tank storage services. Further, the company engages in the development and rental of retail centers, multi-family properties, and office buildings; and investment in grade bonds; and provision of financial assets, including marketable securities and cash-equivalent instruments. Additionally, it invests in GHG reduction projects; and offers financial services, building materials, orthopedic devices, and tank terminal services. The company was founded in 1873 and is based in Willemstad, Curaçao.
Earnings Per Share
As for profitability, HAL TRUST has a trailing twelve months EPS of €7.37.
PE Ratio
HAL TRUST has a trailing twelve months price to earnings ratio of 17.5. Meaning, the purchaser of the share is investing €17.5 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 3.3%.
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5. GRAM CAR CARRIERS (GCC.OL)
35.31% Payout Ratio
Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party. The company was founded in 2006 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, GRAM CAR CARRIERS has a trailing twelve months EPS of kr12.59.
PE Ratio
GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 13.34. Meaning, the purchaser of the share is investing kr13.34 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 14.8%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 3, 2023, the estimated forward annual dividend rate is 4.19 and the estimated forward annual dividend yield is 2.43%.
Sales Growth
GRAM CAR CARRIERS’s sales growth is negative 82.7% for the ongoing quarter and negative 83.6% for the next.
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