(VIANEWS) – MELHUS SPAREBANK (MELG.OL), COVIVIO (COV.PA), MELEXIS (MELE.BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to 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 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. MELHUS SPAREBANK (MELG.OL)
80.82% 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 kr13.61.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 11.54. Meaning, the purchaser of the share is investing kr11.54 for every norwegian krone of annual earnings.
Volume
Today’s last reported volume for MELHUS SPAREBANK is 450 which is 0.88% below its average volume of 454.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 6.96%.
Yearly Top and Bottom Value
MELHUS SPAREBANK’s stock is valued at kr157.00 at 12:10 EST, way below its 52-week high of kr177.00 and way above its 52-week low of kr142.00.
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2. COVIVIO (COV.PA)
57.08% Payout Ratio
Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today's user experience and designing tomorrow's city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €26 bn in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation, and responsible performance. Build sustainable relationships and well-being, is the Covivio's Purpose who expresses its role as a responsible real estate operator to all its stakeholders: customers, shareholders and financial partners, internal teams, local authorities but also to future generations and the planet. Furthermore, its living, dynamic approach opens up exciting project and career prospects for its teams. Covivio's shares are listed in the Euronext Paris A compartment (FR0000064578 – COV) and on the MTA market (Mercato Telematico Azionario) of the Milan stock exchange, are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF “SIIC France” and CAC Mid100 indices, in the “EPRA” and “GPR 250” benchmark European real estate indices, EPRA BPRs Gold Awards (financial + extra-financial), CDP (A-), 5 Star GRESB and in the ESG FTSE4 Good, CAC SBT 1.5°C, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Euronext CDP Environment France EW, ISS ESG, Ethibel and Gaïa ethical indices and also holds the following awards and ratings: CDP (B), GRESB (5-Star, 100% public disclosure), Vigeo-Eiris (A1+), ISS-ESG (B-) and MSCI (AAA).
Earnings Per Share
As for profitability, COVIVIO has a trailing twelve months EPS of €6.57.
PE Ratio
COVIVIO has a trailing twelve months price to earnings ratio of 6.65. Meaning, the purchaser of the share is investing €6.65 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 8.28%.
Volume
Today’s last reported volume for COVIVIO is 10359 which is 93.45% below its average volume of 158242.
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3. MELEXIS (MELE.BR)
52.63% Payout Ratio
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 17.47. Meaning, the purchaser of the share is investing €17.47 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 41.13%.
Yearly Top and Bottom Value
MELEXIS’s stock is valued at €86.30 at 12:10 EST, way under its 52-week high of €106.90 and way higher than its 52-week low of €63.05.
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4. SPBK1 ØSTFOLD AKE (SOAG.OL)
49.8% Payout Ratio
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr35.73.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.96. Meaning, the purchaser of the share is investing kr8.96 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 11.66%.
Volume
Today’s last reported volume for SPBK1 ØSTFOLD AKE is 150 which is 71.37% below its average volume of 524.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 30, 2022, the estimated forward annual dividend rate is 17.8 and the estimated forward annual dividend yield is 5.6%.
Sales Growth
SPBK1 ØSTFOLD AKE’s sales growth is 29.2% for the present quarter and 36.1% for the next.
Moving Average
SPBK1 ØSTFOLD AKE’s worth is under its 50-day moving average of kr323.24 and above its 200-day moving average of kr315.51.
More news about SPBK1 ØSTFOLD AKE.
5. CTT CORREIOS PORT (CTT.LS)
49.54% Payout Ratio
CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.25.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 13.74. Meaning, the purchaser of the share is investing €13.74 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 22.44%.
Volume
Today’s last reported volume for CTT CORREIOS PORT is 122392 which is 46.07% below its average volume of 226960.
Sales Growth
CTT CORREIOS PORT’s sales growth is 0.3% for the present quarter and 5.3% for the next.
Yearly Top and Bottom Value
CTT CORREIOS PORT’s stock is valued at €3.44 at 12:10 EST, under its 52-week high of €3.81 and way higher than its 52-week low of €2.61.
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6. ASML HOLDING (ASML.AS)
45.01% Payout Ratio
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Earnings Per Share
As for profitability, ASML HOLDING has a trailing twelve months EPS of €17.32.
PE Ratio
ASML HOLDING has a trailing twelve months price to earnings ratio of 36.91. Meaning, the purchaser of the share is investing €36.91 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 74.04%.
Volume
Today’s last reported volume for ASML HOLDING is 132923 which is 78.59% below its average volume of 620993.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 9.5 and the estimated forward annual dividend yield is 1.41%.
Yearly Top and Bottom Value
ASML HOLDING’s stock is valued at €639.30 at 12:10 EST, under its 52-week high of €698.10 and way higher than its 52-week low of €375.75.
Revenue Growth
Year-on-year quarterly revenue growth grew by 90.9%, now sitting on 24.39B for the twelve trailing months.
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