(VIANEWS) – CBO TERRITORIA (CBOT.PA), OKEA (OKEA.OL), CTT CORREIOS PORT (CTT.LS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. CBO TERRITORIA (CBOT.PA)
61.54% Payout Ratio
CBo Territoria SA engages in the urban planning and development, and property development and investment activities in France. The company develops and sells housings, offices, buildings, retail parks, shopping centers, business premises, and warehouses. It is also involved in the leisure, marketing, and coworking businesses. In addition, the company also owns approximately 3,000 hectares of land in Réunion Island. CBo Territoria SA was founded in 2004 and is headquartered in Sainte-Marie, France.
Earnings Per Share
As for profitability, CBO TERRITORIA has a trailing twelve months EPS of €0.39.
PE Ratio
CBO TERRITORIA has a trailing twelve months price to earnings ratio of 9.33. Meaning, the purchaser of the share is investing €9.33 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 7.04%.
More news about CBO TERRITORIA.
2. OKEA (OKEA.OL)
59.36% Payout Ratio
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, OKEA has a trailing twelve months EPS of kr6.57.
PE Ratio
OKEA has a trailing twelve months price to earnings ratio of 4.61. Meaning, the purchaser of the share is investing kr4.61 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 33.11%.
Yearly Top and Bottom Value
OKEA’s stock is valued at kr30.28 at 07:10 EST, way under its 52-week high of kr55.90 and way higher than its 52-week low of kr25.85.
Sales Growth
OKEA’s sales growth for the next quarter is negative 5.5%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 1.5% and a negative 72.5%, respectively.
Moving Average
OKEA’s worth is below its 50-day moving average of kr31.88 and way under its 200-day moving average of kr34.86.
More news about OKEA.
3. 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 13.88. Meaning, the purchaser of the share is investing €13.88 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%.
More news about CTT CORREIOS PORT.
4. OKEANIS ECO TANKER (OET.OL)
46.95% Payout Ratio
Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece.
Earnings Per Share
As for profitability, OKEANIS ECO TANKER has a trailing twelve months EPS of kr42.67.
PE Ratio
OKEANIS ECO TANKER has a trailing twelve months price to earnings ratio of 5.28. Meaning, the purchaser of the share is investing kr5.28 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 31.71%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 36.89 and the estimated forward annual dividend yield is 15.12%.
More news about OKEANIS ECO TANKER.
