(VIANEWS) – GOLDEN OCEAN GROUP (GOGL.OL), COFACE (COFA.PA), BOUYGUES (EN.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to 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. GOLDEN OCEAN GROUP (GOGL.OL)
102.62% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr-7.97.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.02%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 16.43 and the estimated forward annual dividend yield is 16.67%.
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2. COFACE (COFA.PA)
85.75% Payout Ratio
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantees. In addition, the company offers business information services through its ICON portal. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. The company was founded in 1946 and is headquartered in Bois-Colombes, France.
Earnings Per Share
As for profitability, COFACE has a trailing twelve months EPS of €0.84.
PE Ratio
COFACE has a trailing twelve months price to earnings ratio of 16.15. Meaning, the purchaser of the share is investing €16.15 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 13.81%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.3%, now sitting on 1.88B for the twelve trailing months.
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3. BOUYGUES (EN.PA)
70.59% Payout Ratio
Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines. It also produces TF1, TMC, TFX, TF1, and LCI complementary TV channels; operates TV Breizh, Histoire TV, Ushuaïa TV and Serieclub channels; produces, broadcasts, and distributes content; operates la seine musicale entertainment and concert venue; produces cinemas; and entertainment and leisure comprising licenses and publishes boards games, as well as music production and live events. Further, it offers telecom services; mobile and fixed network services; and Bbox Fibre, an internet box. Additionally, the company provides design, installation, and maintenance services in various fields that include cooling and fire protection, facility management, digital and ICT, electrical, and mechanical and robotics, as well as heating, ventilation, and air conditioning. The company was founded in 1952 and is based in Paris, France.
Earnings Per Share
As for profitability, BOUYGUES has a trailing twelve months EPS of €1.83.
PE Ratio
BOUYGUES has a trailing twelve months price to earnings ratio of 17.22. Meaning, the purchaser of the share is investing €17.22 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 8.47%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
BOUYGUES’s EBITDA is 11.02.
Yearly Top and Bottom Value
BOUYGUES’s stock is valued at €31.52 at 02:10 EST, under its 52-week high of €33.38 and way above its 52-week low of €25.73.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45.1%, now sitting on 44.4B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 2.9% and positive 4.2% for the next.
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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 33.09. Meaning, the purchaser of the share is investing €33.09 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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 18, 2022, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 3.41%.
Moving Average
CTT CORREIOS PORT’s value is higher than its 50-day moving average of €3.42 and above its 200-day moving average of €3.32.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CTT CORREIOS PORT’s EBITDA is 103.02.
More news about CTT CORREIOS PORT.
5. S.E.B. (SK.PA)
35.66% Payout Ratio
SEB SA designs, manufactures, and markets small household appliances worldwide. It provides electrical cooking, food preparation, and beverage preparation products, including electrical cooking products comprising deep fryers, rice cookers, electric pressure cookers, informal meal appliances, waffle makers, grills, toasters, multicookers, coffee makers, espresso machines, electric kettles, home beer-taps, soy-milk makers, blenders, cooking food processors, kitchen machines, mixers, beaters, etc. The company also offers linen, home, and personal care products, such as irons and steam generators, garment steamers, canister vacuum cleaners with or without dust bag, steam and upright vacuum cleaners, vacuum weepers, versatile vacuums, robots, fans, heaters, air treatment appliances, hair care appliances, depilators, electrical beard trimmers, hair clippers, and bathroom scales. In addition, it provides cookware products, such as frying pans, saucepans pots, pressure cookers, bakeware, kitchen utensils, food storage containers, vacuum flasks, thermo mugs, cutlery, and other products. Further, the company offers hotel equipment, crepe and waffle makers, planchas, and grills for professionals. It provides its products under various brands that primarily include Calor, Rowenta, Moulinex, Seb, Tefal, Krups, Lagostina, WMF, Schaerer, Wilbur Curtis, Hepp, Krampouz, Arno, Supor, Imusa, All-Clad, and Silit. The company was founded in 1857 and is headquartered in Écully, France.
Earnings Per Share
As for profitability, S.E.B. has a trailing twelve months EPS of €6.62.
PE Ratio
S.E.B. has a trailing twelve months price to earnings ratio of 18.75. Meaning, the purchaser of the share is investing €18.75 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 10.93%.
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