(VIANEWS) - GOLDEN OCEAN GROUP (GOGL.OL), SMTPC (SMTPC.PA), MELHUS SPAREBANK (MELG.OL) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio at the moment. 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 distribute them.
When researching 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. GOLDEN OCEAN GROUP (GOGL.OL)
102.62% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr23.78.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 4.48. Meaning, the purchaser of the share is investing kr4.48 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 24.02%.2. SMTPC (SMTPC.PA)
83.68% Payout Ratio
Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates the Prado Carénage, Rège and Prado Sud, Prado South tunnels. The company was incorporated in 1989 and is headquartered in Marseille, France.
Earnings Per Share
As for profitability, SMTPC has a trailing twelve months EPS of €1.18.
PE Ratio
SMTPC has a trailing twelve months price to earnings ratio of 22.8. Meaning, the purchaser of the share is investing €22.8 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 19.13%.Yearly Top and Bottom Value
SMTPC's stock is valued at €27.00 at 01:10 EST, below its 52-week high of €29.90 and above its 52-week low of €26.60.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 5, 2022, the estimated forward annual dividend rate is 1.9 and the estimated forward annual dividend yield is 7.01%.
3. MELHUS SPAREBANK (MELG.OL)
77.15% 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 kr12.72.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 13.76. Meaning, the purchaser of the share is investing kr13.76 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 8.75%.Yearly Top and Bottom Value
MELHUS SPAREBANK's stock is valued at kr175.00 at 01:10 EST, way under its 52-week low of kr142.00.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 11, 2022, the estimated forward annual dividend rate is 10.5 and the estimated forward annual dividend yield is 6.48%.
4. PUBLICIS GROUPE SA (PUB.PA)
52.86% Payout Ratio
Publicis Groupe S.A. provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services. It also designs and delivers brand content for various channels, such as television, print, radio, cinema, and billboards, as well as digital, including display, and social networks under the Prodigious, Harbor, and The Pub brand names. In addition, the company operates Epsilon PeopleCloud, a unified data and technology platform; and Publicis Sapient, a technological, digital, and consulting platform. Further, it provides healthcare communication services under the Digitas Health, Publicis Health Media, and Saatchi & Saatchi Wellness brands for the healthcare and well-being sectors. The company serves clients in the automotive, retail, financial services, consumer products, and media sectors. Publicis Groupe S.A. was founded in 1926 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, PUBLICIS GROUPE SA has a trailing twelve months EPS of €4.62.
PE Ratio
PUBLICIS GROUPE SA has a trailing twelve months price to earnings ratio of 16.81. Meaning, the purchaser of the share is investing €16.81 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 13.46%.