(VIANEWS) – APERAM (APAM.AS), GJENSIDIGE FORSIKR (GJF.OL), AVANCE GAS HOLDING (AGAS.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 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. APERAM (APAM.AS)
285.71% Payout Ratio
Aperam S.A., together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys. It is also involved in the management of direct sales of stainless steel products from production facilities; distribution of its products; and the provision of transformation services that include value added and customized steel solutions. In addition, the company designs, produces, and transforms various specialty alloys and other specific stainless steels in forms, such as bars, semis, cold-rolled strips, wire and wire rods, and plates in a range on grades. Further, it engages in the trading, processing, and recycling of raw materials, such as superalloys and titanium; provides Recyco, an electric arc furnace recycling facility that retrieves dust and sludge to recycle stainless steel raw materials and reduce waste; and produces wood and charcoal from cultivated eucalyptus forests. The company serves customers in aerospace, automotive, catering, construction, household appliances, electrical engineering, industrial processes, medical, and oil and gas industries. It distributes its products through a network of steel service centers, transformation facilities, and sales offices. The company was incorporated in 2010 and is headquartered in Luxembourg, Luxembourg.
Earnings Per Share
As for profitability, APERAM has a trailing twelve months EPS of €0.7.
PE Ratio
APERAM has a trailing twelve months price to earnings ratio of 38.26. Meaning, the purchaser of the share is investing €38.26 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 1.57%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 16, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 7.6%.
Yearly Top and Bottom Value
APERAM’s stock is valued at €26.78 at 02:10 EST, way under its 52-week high of €33.76 and way above its 52-week low of €23.75.
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2. GJENSIDIGE FORSIKR (GJF.OL)
117.61% Payout Ratio
Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, property, accident and health, liability, marine/transport, natural perils, agriculture, travel, leisure craft, valuables, commercial, and life 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 kr7.44.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 24.8. Meaning, the purchaser of the share is investing kr24.8 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 17.56%.
Volume
Today’s last reported volume for GJENSIDIGE FORSIKR is 44233 which is 87.69% below its average volume of 359556.
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3. AVANCE GAS HOLDING (AGAS.OL)
83.97% Payout Ratio
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings. Avance Gas Holding Ltd was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.
Earnings Per Share
As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr23.75.
PE Ratio
AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 7.33. Meaning, the purchaser of the share is investing kr7.33 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 17.24%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 128.8% and 179.1%, respectively.
Moving Average
AVANCE GAS HOLDING’s value is way higher than its 50-day moving average of kr89.27 and way above its 200-day moving average of kr74.01.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 265.06M for the twelve trailing months.
More news about AVANCE GAS HOLDING.
4. NOKIA (NOKIA.PA)
80% Payout Ratio
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission. It serves its products and services to communications service providers, webscales and hyperscalers, digital industries, and government. The company also offers mobile technology products and services for radio access networks and microwave radio links for transport networks, network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, it offers cloud and network services, including core network solutions, such as voice and packet core; business applications, such as security, automation, and monetization; cloud and cognitive services; and enterprise solutions, including private wireless and industrial automation. Further, the company licenses intellectual property, including patents, technologies, and the Nokia brand. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
Earnings Per Share
As for profitability, NOKIA has a trailing twelve months EPS of €0.12.
PE Ratio
NOKIA has a trailing twelve months price to earnings ratio of 27.46. Meaning, the purchaser of the share is investing €27.46 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 3.86%.
More news about NOKIA.
5. SPAREBANK 1 SØRØ (SOON.OL)
47.53% Payout Ratio
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr5.47.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 13.07. Meaning, the purchaser of the share is investing kr13.07 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 10.62%.
More news about SPAREBANK 1 SØRØ.
6. TESSENDERLO (TESB.BR)
43.1% Payout Ratio
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide. It operates through five segments: Agro, Bio-Valorization, Industrial Solutions, Machines & Technologies, and T-Power. The Agro segment engages in the production, marketing, and trading of crop nutrients, including liquid crop and potassium sulfate fertilizers, and organic soil improvers, as well as organic and non-organic crop protection products. This segment offers its specialty fertilizers under Thio-Sul, KTS, K-Row 23, CaTs, GranuPotasse, SoluKem, SoluPotasse, and MAJOR 90 brands. The Bio-Valorization segment produces, sells, and trades in gelatins and collagen peptides, and proteins and fats. The Industrial Solutions segment is involved in the provision of preassembled piping kits, project consultancy services, engineering support for ventilation solutions, sewage and rainwater solutions, and siphonic roof drainage systems; coagulants and other chemicals for the treatment of wastewater, and the purification of drinking water; production and sale of industrial chemicals, such as bleach, sulfuric acid, sodium hydroxide, various grades of hydrochloric acid, and calcium chloride, as well as sulfur chemicals. The Machines & Technologies segment engages in the design, development, production, sale, support, and service of weaving machines, as well as related upgrade kits and spare parts, and training and repair services; engineered casting solutions, and drill tips and anchor solutions; customized controller systems; and precision parts. The T-Power segment produces electricity through a combined cycle gas turbine of 425 MW capacity. It serves agriculture, food, pharma, municipal water, mining, construction, infrastructure, health, chemical, oil and gas, textile, animal feed, machinery, engineering, and consumer goods end markets. The company was founded in 1919 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, TESSENDERLO has a trailing twelve months EPS of €1.74.
PE Ratio
TESSENDERLO has a trailing twelve months price to earnings ratio of 14.14. Meaning, the purchaser of the share is investing €14.14 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 6.83%.
Moving Average
TESSENDERLO’s value is higher than its 50-day moving average of €24.56 and below its 200-day moving average of €26.90.
Volume
Today’s last reported volume for TESSENDERLO is 17523 which is 44.76% below its average volume of 31722.
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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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
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