(VIANEWS) – AKZO NOBEL (AKZA.AS), VEIDEKKE (VEI.OL), MPC CONTAINER SHIP (MPCC.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 promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. AKZO NOBEL (AKZA.AS)
96.12% Payout Ratio
Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings. The company also provides performance coatings that protect and enhance ships, cars, aircraft, yachts, architectural components, consumer goods, and oil and gas facilities. It offers its products primarily under AkzoNobel, Alabastine, Alba, Andercol, Apla, Armstead Trade, Astral, AwlGrip, Dulux, Bruguer, Cetabever, Cetol, Chemcraft, Colourland Paints, Coral, Cromadex, Cuprinol, Dynacoat, Flexa, Glitsa, Grip-Gard, Zweihorn, Xylazel, Xyladecor, Wanda, Vpowdertech, Vivechrom, U-tech, Trimetal, Titanlux, Taubmans, Sparlack, Sikkens, Savana, and Salcomix, as well as Sadolin, Resicoat, Relest, Procolor, Polyfilla, Polycell, Pinotex, Pintuco, Oxirite, Nordsjo, Molto, Modern Classikk, Maxilite, Mauvilac, Mason CT, Marshall, Laxol, Levis, Lesonal, Interpon, International, Interlux, Innenweis, Inca, Herbol, and Hammerite brands. The company was formerly known as Akzo NV and changed its name to Akzo Nobel N.V. in 1994. Akzo Nobel N.V. was founded in 1646 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, AKZO NOBEL has a trailing twelve months EPS of €2.06.
PE Ratio
AKZO NOBEL has a trailing twelve months price to earnings ratio of 35.05. Meaning, the purchaser of the share is investing €35.05 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 6.37%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 46.4% and 124.6%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 25, 2023, the estimated forward annual dividend rate is 1.98 and the estimated forward annual dividend yield is 2.56%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 10.98B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AKZO NOBEL’s EBITDA is 82.4.
More news about AKZO NOBEL.
2. VEIDEKKE (VEI.OL)
86.42% Payout Ratio
Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering and renovation projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the civil engineering, recycling, and asphalting projects, as well as constructs commercial and residential buildings. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, VEIDEKKE has a trailing twelve months EPS of kr8.17.
PE Ratio
VEIDEKKE has a trailing twelve months price to earnings ratio of 12.9. Meaning, the purchaser of the share is investing kr12.9 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 39.56%.
More news about VEIDEKKE.
3. MPC CONTAINER SHIP (MPCC.OL)
81.17% Payout Ratio
MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 62 vessels with an aggregate capacity of approximately 134,270 twenty-foot equivalent units. MPC Container Ships ASA was incorporated in 2017 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MPC CONTAINER SHIP has a trailing twelve months EPS of kr11.23.
PE Ratio
MPC CONTAINER SHIP has a trailing twelve months price to earnings ratio of 1.8. Meaning, the purchaser of the share is investing kr1.8 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 60.05%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 92.8% and a negative 90.9%, respectively.
Moving Average
MPC CONTAINER SHIP’s value is way higher than its 50-day moving average of kr17.57 and way higher than its 200-day moving average of kr18.08.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 22, 2022, the estimated forward annual dividend rate is 7.58 and the estimated forward annual dividend yield is 43.35%.
More news about MPC CONTAINER SHIP.
4. CHRISTIAN DIOR (CDI.PA)
37.37% Payout Ratio
Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather goods, wines and spirits, perfumes and cosmetics, and watches and jewelry worldwide. The company offers its fashion and leather goods under the Louis Vuitton, Fendi, Celine, Loewe, Givenchy, Kenzo, Berluti, Pucci, Loro Piana, Rimowa, and Off-White brand names; and wines and spirits under the Hennessy, Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Château d'Yquem, Belvedere, Glenmorangie, Newton Vineyards, Bodega Numanthia, Château d'Esclans, Armand de Brignac, and Joseph Phelps brands. It also provides perfumes and cosmetics under the Parfums Christian Dior, Guerlain, Parfums Givenchy, Make Up For Ever, Benefit Cosmetics, Fresh, Acqua di Parma, KVD Vegan Beauty, Fenty, Ole Henriksen, Maison Francis Kurkdjian, and Officine Universelle Buly 1803 brand names; and watches and jewelry under the Tiffany, Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred, and Repossi brands. In addition, the company operates retail stores under the DFS Galleria, Sephora, and Le Bon Marché names; publishes Le Parisien-Aujourd'hui en France, a daily newspaper; builds yachts; and operates hotel and the Cova pastry shop brand. Further, it is involved in real estate activities. The company sells its products through store network, including e-commerce websites; and agents and distributors. The company was incorporated in 1946 and is headquartered in Paris, France. Christian Dior SE was formerly a subsidiary of Financière Agache Société Anonyme.
Earnings Per Share
As for profitability, CHRISTIAN DIOR has a trailing twelve months EPS of €32.13.
PE Ratio
CHRISTIAN DIOR has a trailing twelve months price to earnings ratio of 24.12. Meaning, the purchaser of the share is investing €24.12 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 29.21%.
More news about CHRISTIAN DIOR.
