(VIANEWS) – FLEX LNG (FLNG.OL), MAROC TELECOM (IAM.PA), GJENSIDIGE FORSIKR (GJF.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. FLEX LNG (FLNG.OL)
112.36% Payout Ratio
Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. It also provides chartering services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, FLEX LNG has a trailing twelve months EPS of kr27.15.
PE Ratio
FLEX LNG has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing kr11.7 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.13%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 31.6 and the estimated forward annual dividend yield is 9.87%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 11.3% and a negative 40.4%, respectively.
Volume
Today’s last reported volume for FLEX LNG is 2794 which is 90.19% below its average volume of 28486.
Sales Growth
FLEX LNG’s sales growth is 9.5% for the current quarter and negative 0.3% for the next.
More news about FLEX LNG.
2. MAROC TELECOM (IAM.PA)
80.47% Payout Ratio
Itissalat Al-Maghrib (IAM) S.A., together with its subsidiaries, provides various telecommunication services in Morocco and internationally. It offers mobile, fixed-line, Internet, and fixed-line broadband telecommunication services, as well as sells mobile terminals, broadband equipment, and connected objects and accessories. The company was founded in 1998 and is based in Rabat, Morocco. As of October 28, 2021, Itissalat Al-Maghrib (IAM) S.A. operates as subsidiary of Emirates Telecommunications Group Company PJSC.
Earnings Per Share
As for profitability, MAROC TELECOM has a trailing twelve months EPS of €0.53.
PE Ratio
MAROC TELECOM has a trailing twelve months price to earnings ratio of 16.6. Meaning, the purchaser of the share is investing €16.6 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 36.98%.
Yearly Top and Bottom Value
MAROC TELECOM’s stock is valued at €8.80 at 16:10 EST, way under its 52-week high of €10.40 and way above its 52-week low of €7.10.
Volume
Today’s last reported volume for MAROC TELECOM is 355 which is 20.22% below its average volume of 445.
More news about MAROC TELECOM.
3. GJENSIDIGE FORSIKR (GJF.OL)
76.46% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway. Gjensidige Forsikring ASA operates as a subsidiary of GjensidigeStiftelsen.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr10.73.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 16.93. Meaning, the purchaser of the share is investing kr16.93 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.66%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 24, 2023, the estimated forward annual dividend rate is 8.25 and the estimated forward annual dividend yield is 4.4%.
Volume
Today’s last reported volume for GJENSIDIGE FORSIKR is 33789 which is 88.89% below its average volume of 304328.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.1%, now sitting on 37.99B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 11% and positive 27.4% for the next.
More news about GJENSIDIGE FORSIKR.
4. RUBIS (RUI.PA)
75% Payout Ratio
Rubis engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean. The company operates through Retail & Marketing, Support & Services, and Renewable Electricity production segments. It operates terminals that provide bulk liquid storage facilities for fuels, chemicals, and agri-food products; and distributes fuels, liquefied gases, bitumen, and lubricants. The company also provides infrastructure, transportation, supply, and services for supporting the development of downstream distribution and marketing activities; and produces photovoltaic electricity. Rubis was incorporated in 1954 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, RUBIS has a trailing twelve months EPS of €2.63.
PE Ratio
RUBIS has a trailing twelve months price to earnings ratio of 8.75. Meaning, the purchaser of the share is investing €8.75 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.87%.
More news about RUBIS.
5. BETER BED (BBED.AS)
55.56% Payout Ratio
Beter Bed Holding N.V. retails and wholesales bedroom furnishing products in the Netherlands and Belgium. The company offers beds, box springs, mattresses, bed bases, and bed textiles, as well as home delivery services. It operates retail stores under the Beter Bed and Beddenreus brand names. The company also markets its products under the Bright, Beter Bed Basic, Element, Kårlsson, M-concept, M line, Topcare, Wave, and Leazzzy brands, as well as through online platforms. Beter Bed Holding N.V. was founded in 1981 and is headquartered in Uden, the Netherlands.
Earnings Per Share
As for profitability, BETER BED has a trailing twelve months EPS of €0.27.
PE Ratio
BETER BED has a trailing twelve months price to earnings ratio of 22.15. Meaning, the purchaser of the share is investing €22.15 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.28%.
More news about BETER BED.
6. PATRIMOINE ET COMM (PAT.PA)
40.98% Payout Ratio
Patrimoine et Commerce SA, a real estate company, engages in the acquisition, development, and operation of commercial real estate properties in France. The company operates a portfolio of 31 real estate assets covering a total area of 129,280 square meters located in high-attraction areas in the suburbs or centers of medium-sized cities. Its property portfolio includes shopping malls, supermarkets, shops, and business parks. The company is based in Boulogne-Billancourt, France.
Earnings Per Share
As for profitability, PATRIMOINE ET COMM has a trailing twelve months EPS of €3.05.
PE Ratio
PATRIMOINE ET COMM has a trailing twelve months price to earnings ratio of 5.85. Meaning, the purchaser of the share is investing €5.85 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.03%.
More news about PATRIMOINE ET COMM.
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.
Return on Equity
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
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