(VIANEWS) – KID (KID.OL), SANDNES SPAREBANK (SADG.OL), CORBION (CRBN.AS) 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 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. KID (KID.OL)
106.04% Payout Ratio
Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.
Earnings Per Share
As for profitability, KID has a trailing twelve months EPS of kr6.13.
PE Ratio
KID has a trailing twelve months price to earnings ratio of 14.83. Meaning, the purchaser of the share is investing kr14.83 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 19.66%.
Sales Growth
KID’s sales growth for the current quarter is negative 3.1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
KID’s EBITDA is 15.44.
Yearly Top and Bottom Value
KID’s stock is valued at kr90.90 at 02:10 EST, under its 52-week high of kr101.00 and way higher than its 52-week low of kr64.00.
More news about KID.
2. SANDNES SPAREBANK (SADG.OL)
66.05% Payout Ratio
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.
Earnings Per Share
As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr7.99.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.69. Meaning, the purchaser of the share is investing kr10.69 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 8.23%.
Yearly Top and Bottom Value
SANDNES SPAREBANK’s stock is valued at kr85.40 at 02:10 EST, way below its 52-week high of kr101.00 and higher than its 52-week low of kr84.00.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.3%, now sitting on 638.13M for the twelve trailing months.
More news about SANDNES SPAREBANK.
3. CORBION (CRBN.AS)
53.33% Payout Ratio
Corbion N.V. provides lactic acid and lactic acid derivatives, emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients in the Netherlands, the United States, Latin America, Asia, rest of North America, and rest of Europe, the Middle East, and Africa. The company offers ingredient solutions made from renewable resources for the food, home and personal care, animal nutrition, pharmaceutical, medical device, and bioplastics markets It markets its products through a network of sales offices and distributors. The company was formerly known as CSM N.V. and changed its name to Corbion N.V. in October 2013. Corbion N.V. was founded in 1919 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, CORBION has a trailing twelve months EPS of €1.06.
PE Ratio
CORBION has a trailing twelve months price to earnings ratio of 27.45. Meaning, the purchaser of the share is investing €27.45 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 15.26%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 38.8%, now sitting on 1.46B for the twelve trailing months.
Yearly Top and Bottom Value
CORBION’s stock is valued at €29.10 at 02:10 EST, way under its 52-week high of €37.76 and way higher than its 52-week low of €23.80.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 19, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 1.93%.
More news about CORBION.
4. AXA (CS.PA)
50.66% Payout Ratio
AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France, Europe, Asia, AXA XL, International, and Transversal & Central Holdings. It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products. The company also provides property and casualty insurance products, including car, home, and personal or professional liability to individual and business clients; international insurance for large corporate clients in Europe; and marine and aviation insurance services, as well as property and casualty reinsurance products. In addition, it offers asset management services in the areas of various asset classes, including equities, bonds, hedge funds, private equity, and real estate for the group's insurance companies and their clients, and retail and institutional clients. Further, the company provides health, term life, whole life, universal life, endowment, and other investment-based products for personal/individual and commercial/ group customers. AXA SA was founded in 1852 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, AXA has a trailing twelve months EPS of €2.78.
PE Ratio
AXA has a trailing twelve months price to earnings ratio of 9.66. Meaning, the purchaser of the share is investing €9.66 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 10.69%.
Previous days news about AXA (CS.PA)
- According to Zacks on Thursday, 11 May, "In sync with this, last year, the company acquired 100% of the issued share capital of AXA Insurance in Singapore and L&T Investment Management Limited. "
More news about AXA.
5. ABEO (ABEO.PA)
31.82% Payout Ratio
Abéo SA designs, manufactures, and distributes sports and leisure equipment in France and internationally. It offers gymnastics apparatus and landing mats, team sports equipment, physical education, climbing walls, and changing room fittings. It offers its products under the GYMNOVA, JANSSEN-FRITSEN, SPIETH GYMNASTICS, SCHELDE SPORTS, SPIETH AMERICA, SPORTSAFE, ERHARD SPORT, ADEC SPORT, O'JUMP, CANNICE, BOSAN, PCV, VOGOSCOPE, BIGAIRBAG, ENTRE-PRISES, CLIP'n CLIMB, TOP30, FUN SPOT, CLIMBAT, FRANCE EQUIPEMENT, META, PROSPEC, NAVIC, SANITEC, SUFFIXE, and SANELITE brands. The company was founded in 1955 and is headquartered in Rioz, France.
Earnings Per Share
As for profitability, ABEO has a trailing twelve months EPS of €1.27.
PE Ratio
ABEO has a trailing twelve months price to earnings ratio of 13.94. Meaning, the purchaser of the share is investing €13.94 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 8.59%.
Moving Average
ABEO’s worth is under its 50-day moving average of €18.96 and below its 200-day moving average of €18.70.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 22, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.07%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 23.2%, now sitting on 227.46M for the twelve trailing months.
Yearly Top and Bottom Value
ABEO’s stock is valued at €17.70 at 02:10 EST, way below its 52-week high of €21.50 and way above its 52-week low of €15.00.
More news about ABEO.
