(VIANEWS) – NEDAP (NEDAP.AS), PROXIMUS (PROX.BR), GRAM CAR CARRIERS (GCC.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee 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 investigating 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. NEDAP (NEDAP.AS)
104.53% Payout Ratio
Nedap N.V., together with its subsidiaries, develops and supplies smart technological solutions in the Netherlands, Germany, rest of Europe, North America, and internationally. The company provides software services that allow healthcare professionals to interconnect; hardware and software solutions for vehicle identification systems; and technological solutions for the dairy farming and pig farming industries. It also offers lighting solutions and UV lamp driver technologies; and RFID solutions for retailers. In addition, the company provides access control and security systems for companies and institutions. Further, it offers workforce management software, a cloud-based software for timesheet processing, employee scheduling, and access control. The company was founded in 1929 and is headquartered in Groenlo, the Netherlands.
Earnings Per Share
As for profitability, NEDAP has a trailing twelve months EPS of €3.17.
PE Ratio
NEDAP has a trailing twelve months price to earnings ratio of 18.68. Meaning, the purchaser of the share is investing €18.68 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 23.16%.
Volume
Today’s last reported volume for NEDAP is 1211 which is 64.87% below its average volume of 3448.
More news about NEDAP.
2. PROXIMUS (PROX.BR)
90.91% Payout Ratio
Proximus PLC provides digital services and communication solutions in Belgium and internationally. It operates through Domestic, International Carrier Services, and TeleSign segments. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses, and ICT services to residential, business, and telecom wholesale markets. It also provides managed and platform, integrating networking, cloud, cybersecurity, business application, and data and artificial intelligence services. In addition, the company offers international delivery authentication and digital identity services to internet brands, digital champions, and cloud native businesses. It offers its products and services under Proximus, Scarlet, Mobile Vikings, Tango, Telindus, and Telindus Netherlands brands. The company was formerly known as Belgacom SA and changed its name to Proximus PLC in June 2015. Proximus PLC was founded in 1930 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, PROXIMUS has a trailing twelve months EPS of €1.32.
PE Ratio
PROXIMUS has a trailing twelve months price to earnings ratio of 5.46. Meaning, the purchaser of the share is investing €5.46 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 13.04%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
PROXIMUS’s EBITDA is 13.78.
More news about PROXIMUS.
3. 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 kr11.87.
PE Ratio
GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 13.78. Meaning, the purchaser of the share is investing kr13.78 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 14.85%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 19, 2023, the estimated forward annual dividend rate is 6.23 and the estimated forward annual dividend yield is 3.99%.
Moving Average
GRAM CAR CARRIERS’s value is below its 50-day moving average of kr165.18 and above its 200-day moving average of kr159.66.
Sales Growth
GRAM CAR CARRIERS’s sales growth is negative 82.7% for the ongoing quarter and negative 83.6% for the next.
More news about GRAM CAR CARRIERS.
4. CRH PLC ord (CRG.IR)
35.06% Payout Ratio
CRH plc, through its subsidiaries, manufactures and distributes building materials in Ireland and internationally. It operates through three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, kerbs, retaining walls, and related patio products; It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as engineered anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications. In addition, the company offers network access products, which include composite access chambers, covers, passive safety systems, retention sockets, sealants, and meter boxes; and paving and construction services. Further, it provides building and civil engineering contracting, contract surfacing, operates logistics and owned railway infrastructure; sells and distributes cement; and supplies access chambers and ducting products. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, CRH PLC ord has a trailing twelve months EPS of €3.1.
PE Ratio
CRH PLC ord has a trailing twelve months price to earnings ratio of 17.07. Meaning, the purchaser of the share is investing €17.07 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 12.41%.
More news about CRH PLC ord.
