(VIANEWS) – SOLVAY (SOLB.BR), UMG (UMG.AS), RELX (REN.AS) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio as yet. 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 issue 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. SOLVAY (SOLB.BR)
350% Payout Ratio
Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers. The Solutions segment offers specialty chemicals for agro, home and personal care, coatings, and industrial markets; technology solutions in specialty mining reagents, phosphine-based chemistry, and solutions for the stabilization of polymers; fluorine and rare-earth formulations for automotive, electronics, agrochemical, and construction applications; and vanillin for the food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. The Corporate & Business Services segment provides energy and other business services. The company was founded in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, SOLVAY has a trailing twelve months EPS of €1.18.
PE Ratio
SOLVAY has a trailing twelve months price to earnings ratio of 29.16. Meaning, the purchaser of the share is investing €29.16 for every euro of annual earnings.
Moving Average
SOLVAY’s value is way above its 50-day moving average of €28.55 and way above its 200-day moving average of €23.97.
Revenue Growth
Year-on-year quarterly revenue growth declined by 66.7%, now sitting on 5.87B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 1.62 and the estimated forward annual dividend yield is 4.75%.
Yearly Top and Bottom Value
SOLVAY’s stock is valued at €34.41 at 07:10 EST, under its 52-week high of €36.62 and way above its 52-week low of €17.90.
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2. UMG (UMG.AS)
75% Payout Ratio
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres. Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.
Earnings Per Share
As for profitability, UMG has a trailing twelve months EPS of €0.68.
PE Ratio
UMG has a trailing twelve months price to earnings ratio of 42.37. Meaning, the purchaser of the share is investing €42.37 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 47.35%.
Yearly Top and Bottom Value
UMG’s stock is valued at €28.81 at 07:10 EST, below its 52-week high of €29.05 and way higher than its 52-week low of €18.28.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 2.02%.
More news about UMG.
3. RELX (REN.AS)
59.4% Payout Ratio
RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk. The Scientific, Technical & Medical segment provides information and data sets that help researchers and healthcare professionals to advance science and health outcomes. The Legal segment provides legal, regulatory, and business information and analytics that help customers in decision-making, as well as increases the productivity. The Exhibitions segment is involved in the business that combines face-to-face with data and digital tools to help customers learn about markets, source products, and complete transactions. The company was formerly known as Reed Elsevier PLC and changed its name to RELX PLC in July 2015. RELX PLC was incorporated in 1903 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, RELX has a trailing twelve months EPS of €1.1.
PE Ratio
RELX has a trailing twelve months price to earnings ratio of 37.27. Meaning, the purchaser of the share is investing €37.27 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 49.72%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 9.16B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 0.69 and the estimated forward annual dividend yield is 1.77%.
Yearly Top and Bottom Value
RELX’s stock is valued at €41.00 at 07:10 EST, below its 52-week high of €41.31 and way higher than its 52-week low of €27.45.
Moving Average
RELX’s worth is higher than its 50-day moving average of €39.57 and way higher than its 200-day moving average of €35.24.
More news about RELX.
4. SIPEF (SIP.BR)
46.69% Payout Ratio
Sipef NV operates as an agro-industrial company. The company operates through Palm, Rubber, Tea, and Bananas and horticulture segments. It also offers crude palm oil, palm kernels, and palm kernel oil ; ribbed smoked sheets, and scraps and lumps; cut, tear, and curl tea; flowers, foliage, and bananas. The company operates in Papua New Guinea, Ivory Coast, Singapore, Europe, Indonesia, and internationally. Sipef NV was incorporated in 1919 and is headquartered in Schoten, Belgium.
Earnings Per Share
As for profitability, SIPEF has a trailing twelve months EPS of €6.43.
PE Ratio
SIPEF has a trailing twelve months price to earnings ratio of 8.86. Meaning, the purchaser of the share is investing €8.86 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 8.78%.
Moving Average
SIPEF’s value is above its 50-day moving average of €54.74 and higher than its 200-day moving average of €53.29.
More news about SIPEF.
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).
More news about 1.
