(VIANEWS) – DANONE (BN.PA), SPBK1 NORD-NORGE (NONG.OL), ABEO (ABEO.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 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 researching 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. DANONE (BN.PA)
131.08% Payout Ratio
Danone S.A. operates in the food and beverage industry in Europe, North America, China, North Asia, the Oceania, Latin America, the Asia Pacific, Africa, the Middle East, and the Commonwealth of Independent States. The company operates through three segments: Essential Dairy & Plant-Based, Specialized Nutrition, and Waters. It produces and distributes yogurts; milk products; coffee creamers, beverages, and drinks; plant-based products; and ice creams, frozen desserts, and cheese products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, Danone, Prostokvashino, Light & Free, Oikos, Danissimo, YoPRO, International Delight, SToK, Silk, and So Delicious, as well as under the licensed brand Dunkin' Donuts. The company also provides specialized nutrition products for pregnant and breastfeeding mothers, infants, and young children under the Aptamil, Nutrilon, Gallia, Cow & Gate, Bebelac, Blédina, Olvarit, and Happy Family Organics brands. In addition, it offers tube feeding products under the Nutrison name; oral nutritional supplements under the Fortimel and NutriDrink names; and hypoallergenic products for children with allergies primarily under the Aptamil ProSyneo, Aptamil Pepti Syneo, and Neocate Syneo names. Further, the company provides water with natural fruit extracts, fruit juice, and vitamins under the evian, Volvic, Aqua, Mizone, Bonafont, Salus, Hayat, Sirma, Fontvella, Lanjarón, Zywiec Zdroj, Villavicencio, and Villa del Sur brands. It distributes its products through retail chains and traditional market outlets; convenience stores; hospitals, clinics, and pharmacies; and e-commerce. The company was formerly known as Groupe Danone and changed its name to Danone S.A. in April 2009. Danone S.A. was incorporated in 1899 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, DANONE has a trailing twelve months EPS of €1.5.
PE Ratio
DANONE has a trailing twelve months price to earnings ratio of 36.86. Meaning, the purchaser of the share is investing €36.86 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 5.78%.
Moving Average
DANONE’s value is under its 50-day moving average of €58.14 and above its 200-day moving average of €52.59.
Volume
Today’s last reported volume for DANONE is 247204 which is 82.59% below its average volume of 1420240.
More news about DANONE.
2. SPBK1 NORD-NORGE (NONG.OL)
86.59% Payout Ratio
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.47.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.93. Meaning, the purchaser of the share is investing kr9.93 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 13.71%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 8.2 and the estimated forward annual dividend yield is 8.78%.
Volume
Today’s last reported volume for SPBK1 NORD-NORGE is 46109 which is 65.44% below its average volume of 133423.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 99.3% and a drop 26.2% for the next.
Moving Average
SPBK1 NORD-NORGE’s worth is higher than its 50-day moving average of kr92.87 and higher than its 200-day moving average of kr91.42.
More news about SPBK1 NORD-NORGE.
3. 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 €1.24.
PE Ratio
ABEO has a trailing twelve months price to earnings ratio of 14.07. Meaning, the purchaser of the share is investing €14.07 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%.
Volume
Today’s last reported volume for ABEO is 1274 which is 31.74% above its average volume of 967.
More news about ABEO.
4. REACH SUBSEA (REACH.OL)
30.98% Payout Ratio
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
Earnings Per Share
As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.58.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 7.07. Meaning, the purchaser of the share is investing kr7.07 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 18.34%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.18 and the estimated forward annual dividend yield is 4.32%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REACH SUBSEA’s EBITDA is 1.02.
Volume
Today’s last reported volume for REACH SUBSEA is 75380 which is 61.27% below its average volume of 194637.
Revenue Growth
Year-on-year quarterly revenue growth grew by 81.4%, now sitting on 1.27B for the twelve trailing months.
More news about REACH SUBSEA.
