(VIANEWS) – GOLDEN OCEAN GROUP (GOGL.OL), BOUYGUES (EN.PA), SPAREBANK 1 SØRØ (SOON.OL) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up until now. 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 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. GOLDEN OCEAN GROUP (GOGL.OL)
101.23% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr18.13.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 4.49. Meaning, the purchaser of the share is investing kr4.49 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 17.52%.
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2. BOUYGUES (EN.PA)
70.59% Payout Ratio
Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines. It also produces TF1, TMC, TFX, TF1, and LCI complementary TV channels; operates TV Breizh, Histoire TV, Ushuaïa TV and Serieclub channels; produces, broadcasts, and distributes content; operates la seine musicale entertainment and concert venue; produces cinemas; and entertainment and leisure comprising licenses and publishes boards games, as well as music production and live events. Further, it offers telecom services; mobile and fixed network services; and Bbox Fibre, an internet box. Additionally, the company provides design, installation, and maintenance services in various fields that include cooling and fire protection, facility management, digital and ICT, electrical, and mechanical and robotics, as well as heating, ventilation, and air conditioning. The company was founded in 1952 and is based in Paris, France.
Earnings Per Share
As for profitability, BOUYGUES has a trailing twelve months EPS of €2.55.
PE Ratio
BOUYGUES has a trailing twelve months price to earnings ratio of 11.91. Meaning, the purchaser of the share is investing €11.91 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 8.4%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 15.3% and 14.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 46.2%, now sitting on 48.19B for the twelve trailing months.
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3. SPAREBANK 1 SØRØ (SOON.OL)
58.55% 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 kr4.79.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.65. Meaning, the purchaser of the share is investing kr10.65 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 9.1%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 60.7% and 39.1%, respectively.
Sales Growth
SPAREBANK 1 SØRØ’s sales growth for the current quarter is 36.8%.
Yearly Top and Bottom Value
SPAREBANK 1 SØRØ’s stock is valued at kr51.00 at 17:10 EST, way below its 52-week high of kr61.00 and higher than its 52-week low of kr47.40.
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4. MPC CONTAINER SHIP (MPCC.OL)
35.48% 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 kr11.08.
PE Ratio
MPC CONTAINER SHIP has a trailing twelve months price to earnings ratio of 1.89. Meaning, the purchaser of the share is investing kr1.89 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 59.57%.
Moving Average
MPC CONTAINER SHIP’s worth is way higher than its 50-day moving average of kr17.61 and way above its 200-day moving average of kr17.97.
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5. HOME INVEST BE. (HOMI.BR)
30.83% Payout Ratio
Home Invest Belgium S.A. operates as a real estate investment company in Belgium. It primarily invests in residential properties. As of December 31, 2008, the company's real estate portfolio consisted of 992 rental units with a total rentable space of approximately 111,091 square meters. The company was formerly known as Home Invest and changed its name to Home Invest Belgium S.A. in May 1999. Home Invest Belgium S.A. was founded in 1980 and is based in Brussels, Belgium.
Earnings Per Share
As for profitability, HOME INVEST BE. has a trailing twelve months EPS of €3.22.
PE Ratio
HOME INVEST BE. has a trailing twelve months price to earnings ratio of 5.75. Meaning, the purchaser of the share is investing €5.75 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 15.2%.
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6. CRCAM NORM.SEINE (CCN.PA)
30.05% Payout Ratio
Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société cooperativ offers various banking products and services to individuals, professionals, farmers, associations, and companies in France. It provides savings accounts; credit products; property, personal, life, and pension insurance products; factoring; brokerage; investment banking; asset management; real estate promotion services; specialized funding products; and various loans. The company was incorporated in 2000 and is headquartered in Bois Guillaume, France. Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérativ is a subsidiary of Crédit Agricole S.A.
Earnings Per Share
As for profitability, CRCAM NORM.SEINE has a trailing twelve months EPS of €13.51.
PE Ratio
CRCAM NORM.SEINE has a trailing twelve months price to earnings ratio of 6.07. Meaning, the purchaser of the share is investing €6.07 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 3.01%.
Yearly Top and Bottom Value
CRCAM NORM.SEINE’s stock is valued at €82.01 at 17:10 EST, under its 52-week high of €84.50 and way higher than its 52-week low of €64.00.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 4.1 and the estimated forward annual dividend yield is 5.32%.
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