ACOMO And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SELVAAG BOLIG (SBO.OL), ACOMO (ACOMO.AS), TOTENS SPAREBANK (TOTG.OL) are the highest payout ratio stocks on this list.

We have congregated information about 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 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. SELVAAG BOLIG (SBO.OL)

155.04% Payout Ratio

Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. The company also offers project management services. Selvaag Bolig ASA was incorporated in 2008 and is headquartered in Oslo, Norway. Selvaag Bolig ASA is a subsidiary of Selvaag AS.

Earnings Per Share

As for profitability, SELVAAG BOLIG has a trailing twelve months EPS of kr3.92.

PE Ratio

SELVAAG BOLIG has a trailing twelve months price to earnings ratio of 8.09. Meaning, the purchaser of the share is investing kr8.09 for every norwegian krone of annual earnings.

More news about SELVAAG BOLIG.

2. ACOMO (ACOMO.AS)

56.76% Payout Ratio

Acomo N.V., together with its subsidiaries, engages in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients and solutions for the food and beverage industry worldwide. It operates through five segments: Spices and Nuts, Edible Seeds, Organic Ingredients, Tea, and Food Solutions. The Spices and Nuts segment provides tropical products, including pepper, nutmeg, desiccated coconut, shelled and unshelled nuts, dried fruits, dehydrated vegetables, herbs, rice crackers, and snack products. Its Edible Seeds segment trades, processes, and distributes edible seeds, such as poppy, sesame, pumpkin, and flax, as well as sunflower seeds comprising in-kernel and shelled for the snack and retail industries; birdseeds for wildlife; and edible seeds to bakery, spice, and confectionery industries. The Organic Ingredients segment provides a range of organic food products and ingredients in various categories, including cocoa, coffee, fruit and vegetables, edible seeds, nuts and dried fruits, oils, and premium juice products. Its Tea segment trades, processes, and distributes through warehouses and blending facilities; and monitors and analyzes market development, and shares insight to customers to meet traditional consumer preferences, which include novel appetites for specialty tea. The Food Solutions segment produces and supplies culinary and functional ingredients, plant-based solutions, wet and dry blends, and spice mixes to food companies; and provides product development, manufacturing, packaging, distribution, and inventory management services. The company was formerly known as Amsterdam Commodities N.V. and changed its name to Acomo N.V. in June 2022. Acomo N.V. was founded in 1908 and is based in Rotterdam, the Netherlands.

Earnings Per Share

As for profitability, ACOMO has a trailing twelve months EPS of €1.83.

PE Ratio

ACOMO has a trailing twelve months price to earnings ratio of 10.62. Meaning, the purchaser of the share is investing €10.62 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 11.27%.

Yearly Top and Bottom Value

ACOMO’s stock is valued at €19.44 at 02:10 EST, way below its 52-week high of €23.15 and higher than its 52-week low of €18.06.

Moving Average

ACOMO’s value is under its 50-day moving average of €21.27 and under its 200-day moving average of €20.86.

Revenue Growth

Year-on-year quarterly revenue growth declined by 6.2%, now sitting on 1.38B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 28, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 6.01%.

More news about ACOMO.

3. TOTENS SPAREBANK (TOTG.OL)

53.58% Payout Ratio

Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; mortgage, car, other vehicle, business, and construction loans; small loans; leasing; overdrafts and bank guarantees; home, leisure, car and other vehicle, animal, company and employee, agriculture, business, data attack, property damage, craftsman, health, landlord, collective, personnel, travel, and occupational injury insurance; and business and credit cards. It also provides online and mobile banking services; and payment solutions. 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 kr20.52.

PE Ratio

TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 9.94. Meaning, the purchaser of the share is investing kr9.94 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 11.08%.

Moving Average

TOTENS SPAREBANK’s value is above its 50-day moving average of kr202.86 and below its 200-day moving average of kr204.99.

More news about TOTENS SPAREBANK.

4. HOME INVEST BE. (HOMI.BR)

30.83% Payout Ratio

Home Invest Belgium S.A. operates as a real estate investment company in Belgium. It primarily invests in residential properties. As of December 31, 2008, the company's real estate portfolio consisted of 992 rental units with a total rentable space of approximately 111,091 square meters. The company was formerly known as Home Invest and changed its name to Home Invest Belgium S.A. in May 1999. Home Invest Belgium S.A. was founded in 1980 and is based in Brussels, Belgium.

Earnings Per Share

As for profitability, HOME INVEST BE. has a trailing twelve months EPS of €3.3.

PE Ratio

HOME INVEST BE. has a trailing twelve months price to earnings ratio of 5.13. Meaning, the purchaser of the share is investing €5.13 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 15.2%.

Moving Average

HOME INVEST BE.’s value is higher than its 50-day moving average of €16.69 and way below its 200-day moving average of €19.78.

Yearly Top and Bottom Value

HOME INVEST BE.’s stock is valued at €16.92 at 02:10 EST, way below its 52-week high of €29.53 and way higher than its 52-week low of €15.30.

More news about HOME INVEST BE..

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of €1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing €1 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 1%.

More news about 1.

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