(VIANEWS) – ALTAREA (ALTA.PA), SPAREBANK 1 SØRØ (SOON.OL), COVIVIO (COV.PA) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio at the moment. 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. ALTAREA (ALTA.PA)
63.48% Payout Ratio
Altarea is the leading property developer in France. As both a developer and an investor, the Group operates in the three main property markets (Retail, Residential and Business property), leading major mixed-use urban renewal projects in France. The Group has the required expertise in each sector to design, develop, market and manage made-to-measure property products. Listed in Compartment A of Euronext Paris.
Earnings Per Share
As for profitability, ALTAREA has a trailing twelve months EPS of €15.75.
PE Ratio
ALTAREA has a trailing twelve months price to earnings ratio of 7.4. Meaning, the purchaser of the share is investing €7.4 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 12.37%.
More news about ALTAREA.
2. SPAREBANK 1 SØRØ (SOON.OL)
58.55% Payout Ratio
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.79.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.56. Meaning, the purchaser of the share is investing kr10.56 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 9.1%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 5%.
Moving Average
SPAREBANK 1 SØRØ’s worth is below its 50-day moving average of kr53.16 and below its 200-day moving average of kr53.25.
Sales Growth
SPAREBANK 1 SØRØ’s sales growth for the current quarter is 36.8%.
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3. COVIVIO (COV.PA)
57.08% Payout Ratio
Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today's user experience and designing tomorrow's city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €26 bn in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation, and responsible performance. Build sustainable relationships and well-being, is the Covivio's Purpose who expresses its role as a responsible real estate operator to all its stakeholders: customers, shareholders and financial partners, internal teams, local authorities but also to future generations and the planet. Furthermore, its living, dynamic approach opens up exciting project and career prospects for its teams. Covivio's shares are listed in the Euronext Paris A compartment (FR0000064578 – COV) and on the MTA market (Mercato Telematico Azionario) of the Milan stock exchange, are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF “SIIC France” and CAC Mid100 indices, in the “EPRA” and “GPR 250” benchmark European real estate indices, EPRA BPRs Gold Awards (financial + extra-financial), CDP (A-), 5 Star GRESB and in the ESG FTSE4 Good, CAC SBT 1.5°C, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Euronext CDP Environment France EW, ISS ESG, Ethibel and Gaïa ethical indices and also holds the following awards and ratings: CDP (B), GRESB (5-Star, 100% public disclosure), Vigeo-Eiris (A1+), ISS-ESG (B-) and MSCI (AAA).
Earnings Per Share
As for profitability, COVIVIO has a trailing twelve months EPS of €6.57.
PE Ratio
COVIVIO has a trailing twelve months price to earnings ratio of 7.26. Meaning, the purchaser of the share is investing €7.26 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 8.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 1.07B for the twelve trailing months.
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4. BUREAU VERITAS (BVI.PA)
54.08% Payout Ratio
Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Industry; Buildings & Infrastructure; Certification; and Consumer Products. The company engages in inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its customers in relation to regulatory or self-imposed standards, as well as issues compliance reports. It also provides laboratory and on-site testing services for manufacturing and process industries; inspection services for products, services, assets, and installations, as well as various services designed to control quality, verify quantity, and meet regulatory requirements; and certification services for management systems, products, and people. The company serves automotive and transportation, building and infrastructure, chemicals, commodities and agriculture, consumer products and retail, food, marine and offshore, oil and gas, and power and utilities industries, as well as financial services and public sectors. It operates in approximately 140 countries through a network of 1,600 offices and laboratories. Bureau Veritas SA was founded in 1828 and is headquartered in Neuilly-sur-Seine, France.
Earnings Per Share
As for profitability, BUREAU VERITAS has a trailing twelve months EPS of €0.96.
PE Ratio
BUREAU VERITAS has a trailing twelve months price to earnings ratio of 25.84. Meaning, the purchaser of the share is investing €25.84 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 26.66%.
Yearly Top and Bottom Value
BUREAU VERITAS’s stock is valued at €24.81 at 02:10 EST, below its 52-week high of €27.32 and way above its 52-week low of €22.29.
Moving Average
BUREAU VERITAS’s worth is under its 50-day moving average of €25.96 and below its 200-day moving average of €25.51.
Volume
Today’s last reported volume for BUREAU VERITAS is 169470 which is 76.2% below its average volume of 712191.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 0.77 and the estimated forward annual dividend yield is 3.16%.
More news about BUREAU VERITAS.
5. SMARTPHOTO GROUP (SMAR.BR)
46.67% Payout Ratio
Smartphoto Group NV engages in the B2C e-commerce business in Europe. The company offers personalized products, including gifts, cards, photo books, photo calendars, prints, and wall decoration under the smartphoto brand name. It also engages in the e-commerce distribution of personalized gift packages with chocolate, alcohol, fruit, and flowers under the Nayan brand name through websites comprising Gift.be and GiftsforEurope.com. The company was formerly known as Spector Photo Group NV and changed its name to Smartphoto Group NV in May 2013. Smartphoto Group NV was founded in 1964 and is based in Wetteren, Belgium.
Earnings Per Share
As for profitability, SMARTPHOTO GROUP has a trailing twelve months EPS of €1.39.
PE Ratio
SMARTPHOTO GROUP has a trailing twelve months price to earnings ratio of 19.86. Meaning, the purchaser of the share is investing €19.86 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 11.25%.
Yearly Top and Bottom Value
SMARTPHOTO GROUP’s stock is valued at €27.60 at 02:10 EST, way under its 52-week high of €33.40 and above its 52-week low of €26.70.
Volume
Today’s last reported volume for SMARTPHOTO GROUP is 246 which is 84.53% below its average volume of 1591.
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