(VIANEWS) – STRONGPOINT (STRO.OL), GJENSIDIGE FORSIKR (GJF.OL), AXA (CS.PA) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. 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. STRONGPOINT (STRO.OL)
145.45% Payout Ratio
StrongPoint ASA develops and sells technology solutions for e-commerce and store operations in Norway, Sweden, and internationally. It offers various retail solutions, including click and collect, cash management, select and collect, self-service, and electronic shelf labelling solutions, as well as retail management software and other solutions; hardware products; and consultative services. The company sells retail solutions through third-party suppliers. It has a strategic partnership with Halodi Robotics to develop an in-store grocery retail robotics solution. The company was formerly known as PSI Group ASA and changed its name to StrongPoint ASA in September 2015. StrongPoint ASA is headquartered in Rælingen, Norway.
Earnings Per Share
As for profitability, STRONGPOINT has a trailing twelve months EPS of kr2.14.
PE Ratio
STRONGPOINT has a trailing twelve months price to earnings ratio of 11.49. Meaning, the purchaser of the share is investing kr11.49 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 5.79%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 3.45%.
Moving Average
STRONGPOINT’s worth is above its 50-day moving average of kr23.31 and way above its 200-day moving average of kr20.43.
Yearly Top and Bottom Value
STRONGPOINT’s stock is valued at kr24.65 at 21:10 EST, way under its 52-week high of kr27.65 and way above its 52-week low of kr16.00.
More news about STRONGPOINT.
2. GJENSIDIGE FORSIKR (GJF.OL)
85.18% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr8.93.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 18.6. Meaning, the purchaser of the share is investing kr18.6 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 17.89%.
Sales Growth
GJENSIDIGE FORSIKR’s sales growth for the current quarter is 135.5%.
More news about GJENSIDIGE FORSIKR.
3. AXA (CS.PA)
50.66% Payout Ratio
AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through France, Europe, Asia, AXA XL, International, and Transversal & Central Holdings segments. 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, 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. The company was founded in 1852 and is based in Paris, France.
Earnings Per Share
As for profitability, AXA has a trailing twelve months EPS of €1.25.
PE Ratio
AXA has a trailing twelve months price to earnings ratio of 21.1. Meaning, the purchaser of the share is investing €21.1 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%.
Volume
Today’s last reported volume for AXA is 3018540 which is 37.17% below its average volume of 4805010.
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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 30.64. Meaning, the purchaser of the share is investing €30.64 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%.
Moving Average
CTT CORREIOS PORT’s worth is under its 50-day moving average of €3.42 and above its 200-day moving average of €3.32.
Sales Growth
CTT CORREIOS PORT’s sales growth is 3.8% for the ongoing quarter and 327.5% for the next.
Volume
Today’s last reported volume for CTT CORREIOS PORT is 166503 which is 59.9% below its average volume of 415254.
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5. ALTRI SGPS (ALTR.LS)
32.88% Payout Ratio
Altri, SGPS, S.A. produces and sells bleached eucalyptus pulp in Portugal and internationally. It offers bleached eucalyptus kraft pulp for use in a range of papers, such as tissues, and printing and writing papers; and dissolving pulp for use in textile production. The company is also involved timber commercialization; forest management; the production of energy from forest resources, such as industrial cogeneration from black liquor and biomass; real estate activities; and production of plants in nurseries, as well as the provision of services related with forests and landscapes. The company was incorporated in 2005 and is headquartered in Porto, Portugal.
Earnings Per Share
As for profitability, ALTRI SGPS has a trailing twelve months EPS of €0.17.
PE Ratio
ALTRI SGPS has a trailing twelve months price to earnings ratio of 27.82. Meaning, the purchaser of the share is investing €27.82 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 24.22%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 52.9% and 50%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2022, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 5.31%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ALTRI SGPS’s EBITDA is 15.43.
Yearly Top and Bottom Value
ALTRI SGPS’s stock is valued at €4.73 at 21:10 EST, way below its 52-week high of €6.83 and above its 52-week low of €4.50.
More news about ALTRI SGPS.
