(VIANEWS) – MELHUS SPAREBANK (MELG.OL), BOURSE DIRECT (BSD.PA), KLAVENESS COMBINAT (KCC.OL) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up to now. 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 distribute 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. 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 kr13.78.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 11.47. Meaning, the purchaser of the share is investing kr11.47 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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.4%, now sitting on 245.79M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 44.4% and a drop 15.1% for the next.
Moving Average
MELHUS SPAREBANK’s worth is below its 50-day moving average of kr166.16 and under its 200-day moving average of kr160.05.
More news about MELHUS SPAREBANK.
2. BOURSE DIRECT (BSD.PA)
69.97% Payout Ratio
Bourse Direct SA provides Internet stock brokerage services in France. It offers a platform of services, tools, and financial products, including French and foreign equities, derivatives, trackers, warrants, certificates, turbos, mutual funds, UCITS, and CFDs, as well as tax exemption, retirement, real estate, and life insurance products through the boursedirect.fr, capitol.fr, tradebox.fr, abssysteme.fr, wargny.com, and mesactions.com sites. The company was founded in 1996 and is headquartered in Paris, France. Bourse Direct SA is a subsidiary of E-VIEL SA.
Earnings Per Share
As for profitability, BOURSE DIRECT has a trailing twelve months EPS of €0.1.
PE Ratio
BOURSE DIRECT has a trailing twelve months price to earnings ratio of 42.4. Meaning, the purchaser of the share is investing €42.4 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 10.29%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 1.75%.
Yearly Top and Bottom Value
BOURSE DIRECT’s stock is valued at €4.24 at 02:10 EST, way below its 52-week high of €4.76 and way above its 52-week low of €2.94.
More news about BOURSE DIRECT.
3. KLAVENESS COMBINAT (KCC.OL)
69.83% Payout Ratio
Klaveness Combination Carriers ASA owns and operates combination carriers in Norway, the Far East, the Middle East/India, Australia, Brazil, Gulf Coast of the United States, and North America. Its vessels transport caustic coda solution or clean petroleum products, floating fertilizer, molasses, and various types of cargo, as well as petroleum products, heavy liquid cargoes, and various types of dry bulk products, such as alumina, bauxite, Iron ore, salt, grains, and coal. The company was incorporated in 2018 and is headquartered in Oslo, Norway. Klaveness Combination Carriers ASA is a subsidiary of Rederiaksjeselskapet Torvald Klaveness.
Earnings Per Share
As for profitability, KLAVENESS COMBINAT has a trailing twelve months EPS of kr17.12.
PE Ratio
KLAVENESS COMBINAT has a trailing twelve months price to earnings ratio of 4.07. Meaning, the purchaser of the share is investing kr4.07 for every norwegian krone of annual earnings.
Sales Growth
KLAVENESS COMBINAT’s sales growth for the current quarter is negative 19.2%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
KLAVENESS COMBINAT’s EBITDA is 200.21.
Moving Average
KLAVENESS COMBINAT’s worth is below its 50-day moving average of kr75.61 and higher than its 200-day moving average of kr68.22.
More news about KLAVENESS COMBINAT.
4. 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. Meaning, the purchaser of the share is investing €7 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%.
Volume
Today’s last reported volume for COVIVIO is 27218 which is 84.01% below its average volume of 170222.
Yearly Top and Bottom Value
COVIVIO’s stock is valued at €46.00 at 02:10 EST, way under its 52-week high of €69.35 and above its 52-week low of €44.40.
More news about COVIVIO.
5. SPAREBANKEN VEST (SVEG.OL)
51.59% Payout Ratio
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr10.66.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 8.94. Meaning, the purchaser of the share is investing kr8.94 for every norwegian krone of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 23, 2023, the estimated forward annual dividend rate is 5.5 and the estimated forward annual dividend yield is 5.73%.
Yearly Top and Bottom Value
SPAREBANKEN VEST’s stock is valued at kr95.30 at 02:10 EST, below its 52-week high of kr102.00 and way higher than its 52-week low of kr77.70.
More news about SPAREBANKEN VEST.
6. CROSSWOOD (CROS.PA)
51.06% Payout Ratio
Crosswood SA engages in real estate activity in France. Its property portfolio includes shops and offices, and housing properties. The company was formerly known as Desquenne et Giral. Crosswood SA was incorporated in 1935 and is based in Paris, France. Crosswood SA operates as a subsidiary of Compagnie Financiere De Broceliande.
Earnings Per Share
As for profitability, CROSSWOOD has a trailing twelve months EPS of €0.57.
PE Ratio
CROSSWOOD has a trailing twelve months price to earnings ratio of 14.04. Meaning, the purchaser of the share is investing €14.04 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 12.48%.
Volume
Today’s last reported volume for CROSSWOOD is 1 which is 99.71% below its average volume of 350.
More news about CROSSWOOD.
