(VIANEWS) – AVANCE GAS HOLDING (AGAS.OL), CAIRN HOMES PLC (C5H.IR), RETAIL ESTATES (RET.BR) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. 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). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2022, it owned and operated through a fleet of twelve very large gas carriers and four dual-fuel LPG newbuildings. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd operates as a subsidiary of Hemen Holding Ltd.
Earnings Per Share
As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr13.18.
PE Ratio
AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 6.31. Meaning, the purchaser of the share is investing kr6.31 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 17.24%.
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.
2. CAIRN HOMES PLC (C5H.IR)
50.88% Payout Ratio
Cairn Homes plc operates as a homebuilder in Ireland. It is involved in the development and sale of residential properties, as well as rental of properties. The company was incorporated in 2014 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, CAIRN HOMES PLC has a trailing twelve months EPS of €0.11.
PE Ratio
CAIRN HOMES PLC has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing €10 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 10.59%.
Moving Average
CAIRN HOMES PLC’s value is below its 50-day moving average of €1.11 and above its 200-day moving average of €1.01.
Volume
Today’s last reported volume for CAIRN HOMES PLC is 22267 which is 96.89% below its average volume of 717811.
Yearly Top and Bottom Value
CAIRN HOMES PLC’s stock is valued at €1.10 at 22:10 EST, below its 52-week high of €1.19 and way above its 52-week low of €0.80.
More news about CAIRN HOMES PLC.
3. RETAIL ESTATES (RET.BR)
35.41% Payout Ratio
The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making in out-of-town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. Real Estates NV acquires these real properties from third parties or builds and commercialises retail buildings for its own account. The buildings have useful areas ranging between 500m² and 3,000m². A typical retail building has an average area of 1,000 m² in Belgium and 1,500 m² in the Netherlands. As of 31 March 2023, Retail Estates nv has 1,013 rental units in its portfolio with a total retail area of 1,211,004 m², spread over Belgium and the Netherlands. The occupancy rate of the portfolio was 98.08% on 31 March 2023, compared to 97.83% on 31 March 2022. The fair value of the consolidated real estate portfolio of Retail Estates NV as at 31 March 2023 is estimated at € 1,888.56 million by independent real estate experts. Retail Estates NV is listed on Euronext Brussels and Euronext Amsterdam and is registered as a public regulated real estate company.
Earnings Per Share
As for profitability, RETAIL ESTATES has a trailing twelve months EPS of €12.99.
PE Ratio
RETAIL ESTATES has a trailing twelve months price to earnings ratio of 4.43. Meaning, the purchaser of the share is investing €4.43 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 17.92%.
Sales Growth
RETAIL ESTATES’s sales growth for the current quarter is 11.2%.
Moving Average
RETAIL ESTATES’s worth is under its 50-day moving average of €61.60 and under its 200-day moving average of €63.43.
Volume
Today’s last reported volume for RETAIL ESTATES is 2421 which is 67.81% below its average volume of 7521.
More news about RETAIL ESTATES.
4. 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 €3.3.
PE Ratio
HOME INVEST BE. has a trailing twelve months price to earnings ratio of 5.13. Meaning, the purchaser of the share is investing €5.13 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 5.96%.
Moving Average
HOME INVEST BE.’s value is under its 50-day moving average of €17.03 and way under its 200-day moving average of €20.26.
Volume
Today’s last reported volume for HOME INVEST BE. is 4011 which is 65.01% below its average volume of 11466.
More news about HOME INVEST BE..
