(VIANEWS) – MELHUS SPAREBANK (MELG.OL), CAIRN HOMES PLC (C5H.IR), SPAREBANK 1 SR-BK (SRBNK.OL) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up to 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 distribute them.
When researching 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. MELHUS SPAREBANK (MELG.OL)
77.15% 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 kr12.72.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 13.76. Meaning, the purchaser of the share is investing kr13.76 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 8.75%.
Volume
Today’s last reported volume for MELHUS SPAREBANK is 335 which is 44.16% below its average volume of 600.
Moving Average
MELHUS SPAREBANK’s worth is higher than its 50-day moving average of kr159.56 and way above its 200-day moving average of kr158.82.
2. CAIRN HOMES PLC (C5H.IR)
63.49% Payout Ratio
Cairn Homes plc operates as a homebuilder in Ireland. The company develops and sells residential properties. It is also involved in the 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 €0.017.
PE Ratio
CAIRN HOMES PLC has a trailing twelve months price to earnings ratio of 60.94. Meaning, the purchaser of the share is investing €60.94 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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 20, 2023, the estimated forward annual dividend rate is 0.06 and the estimated forward annual dividend yield is 5.98%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.5%, now sitting on 617.36M for the twelve trailing months.
Moving Average
CAIRN HOMES PLC’s worth is higher than its 50-day moving average of €0.95 and higher than its 200-day moving average of €0.98.
3. SPAREBANK 1 SR-BK (SRBNK.OL)
46.58% Payout Ratio
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company offers its products and services in the areas of savings, loans, advice, insurance, and pensions. It also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, estate agency, payroll/HR, and securities trading services, as well as management and securities management services. In addition, the company facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, it is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. Additionally, the company offers green loan; credit and debit cards; consulting; and mobile and online banking services. The company also serves retail and corporate, small business, and agricultural customers, as well as the public sector. SpareBank 1 SR-Bank ASA was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr6.22.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 20.08. Meaning, the purchaser of the share is investing kr20.08 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 12.05%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 20.6% and 23.4%, respectively.
Sales Growth
SPAREBANK 1 SR-BK’s sales growth for the current quarter is 41.6%.
4. CTT CORREIOS PORT (CTT.LS)
44.44% 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 €0.11.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 33.36. Meaning, the purchaser of the share is investing €33.36 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 22.58%.
5. WILSON (WILS.OL)
40.25% Payout Ratio
Wilson ASA operates as a shipping company in Europe. The company engages in the ship chartering and operation; ship management; marine accounting; crewing; purchasing; legal; and insurance activities. It operates through a fleet of 130 vessels in the range of 1500 to 8500 DWT. The company was founded in 1929 and is headquartered in Bergen, Norway. As of December 6, 2022, Wilson ASA operates as a subsidiary of Skaretreboen As.
Earnings Per Share
As for profitability, WILSON has a trailing twelve months EPS of kr1.95.
PE Ratio
WILSON has a trailing twelve months price to earnings ratio of 35.35. Meaning, the purchaser of the share is investing kr35.35 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 44.99%.
Yearly Top and Bottom Value
WILSON’s stock is valued at kr68.80 at 11:10 EST, way under its 52-week high of kr88.00 and way above its 52-week low of kr56.20.
Volume
Today’s last reported volume for WILSON is 73 which is 97.61% below its average volume of 3064.
6. LOTUS BAKERIES (LOTB.BR)
34.58% Payout Ratio
Lotus Bakeries NV provides various snack products in Belgium and internationally. The company offers biscuits and cakes, including caramelized cookies, gingerbreads, cake specialties, waffles, and pepparkakor biscuits. It also provides energy bars, protein flapjacks, protein nut bars, healthy snacks, butter specialties, ice creams, and caramelized cookies spreads. The company sells its products under the Lotus Biscoff, Nakd, Trek, BEAR, Kiddylicious, Lotus, Dinosaurus, Peijnenburg, Snelle Jelle, Annas, Lotus Suzy, and Urban Fruit brands. The company was founded in 1932 and is headquartered in Lembeke, Belgium. Lotus Bakeries NV is a subsidiary of Stichting Administratiekantoor van Aandelen Lotus Bakeries.
Earnings Per Share
As for profitability, LOTUS BAKERIES has a trailing twelve months EPS of €101.82.
PE Ratio
LOTUS BAKERIES has a trailing twelve months price to earnings ratio of 58.44. Meaning, the purchaser of the share is investing €58.44 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 18.92%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 16, 2022, the estimated forward annual dividend rate is 40 and the estimated forward annual dividend yield is 0.66%.
Yearly Top and Bottom Value
LOTUS BAKERIES’s stock is valued at €5,950.00 at 11:10 EST, way under its 52-week high of €6,630.00 and way higher than its 52-week low of €4,455.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.7%, now sitting on 877.45M for the twelve trailing months.
Volume
Today’s last reported volume for LOTUS BAKERIES is 45 which is 91.17% below its average volume of 510.
