EDENRED And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – TEXAF (TEXF.BR), EDENRED (EDEN.PA), COVIVIO (COV.PA) are the highest payout ratio stocks on this list.

We have gathered information regarding 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 researching 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. TEXAF (TEXF.BR)

77.95% Payout Ratio

Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 332 homes, including 53 villas and 289 apartments with a residential area of 62,200 square meters; 26,300 square meters of office and commercial space; and 30,000 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. Texaf S.A. was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.

Earnings Per Share

As for profitability, TEXAF has a trailing twelve months EPS of €2.02.

PE Ratio

TEXAF has a trailing twelve months price to earnings ratio of 16.04. Meaning, the purchaser of the share is investing €16.04 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.12%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 1.57 and the estimated forward annual dividend yield is 4.7%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.9%, now sitting on 28.46M for the twelve trailing months.

Moving Average

TEXAF’s value is under its 50-day moving average of €33.27 and under its 200-day moving average of €34.22.

Yearly Top and Bottom Value

TEXAF’s stock is valued at €32.40 at 01:10 EST, way under its 52-week high of €37.80 and above its 52-week low of €32.00.

More news about TEXAF.

2. EDENRED (EDEN.PA)

63.29% Payout Ratio

Edenred SA provides transactional solutions for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, Ticket Alimentación, Ticket Transporte, Ticket Cultura, and Ticket CESU; and fleet and mobility solutions, such as Ticket Log, Ticket Car, and UTA. The company also provides complementary solutions comprising corporate payment solutions that enhance the management of inter-company cash flows made through checks or transfers; PrePay solutions; incentives and rewards programs, including Ticket Compliments and Ticket Kadéos; and public social programs. Its solutions are used in various areas, such as meals, food, fuel, business travel, childcare, shopping, transportation, agriculture, education, healthcare, training, and human services. The company was founded in 1962 and is headquartered in Issy-les-Moulineaux, France.

Earnings Per Share

As for profitability, EDENRED has a trailing twelve months EPS of €1.58.

PE Ratio

EDENRED has a trailing twelve months price to earnings ratio of 36.67. Meaning, the purchaser of the share is investing €36.67 for every euro of annual earnings.

Yearly Top and Bottom Value

EDENRED’s stock is valued at €57.94 at 01:10 EST, below its 52-week high of €62.40 and way higher than its 52-week low of €47.74.

More news about EDENRED.

3. COVIVIO (COV.PA)

57.08% Payout Ratio

Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today's user experience and designing tomorrow's city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €24,8 bn in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance. Build sustainable relationships and well-being, is the Covivio's Purpose who expresses its role as a responsible real estate operator to all its stakeholders: customers, shareholders and financial partners, internal teams, local authorities but also to future generations and the planet. Furthermore, its living, dynamic approach opens up exciting project and career prospects for its teams. Covivio's shares are listed in the Euronext Paris A compartment (FR0000064578 – COV), are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF "SIIC France" and CAC Mid100 indices, in the "EPRA" and "GPR 250" benchmark European real estate indices, and in the ESG FTSE4 Good, CAC SBT 1.5°C, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Euronext CDP Environment France EW, ISS ESG, Ethibel and Gaïa ethical indices and also holds the following awards and ratings: CDP (B), GRESB (90/100, 5-Star, 100% public disclosure), Vigeo-Eiris (A1+), ISSESG (B-) and MSCI (AAA).

Earnings Per Share

As for profitability, COVIVIO has a trailing twelve months EPS of €-9.11.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.46%.

Yearly Top and Bottom Value

COVIVIO’s stock is valued at €44.88 at 01:10 EST, way below its 52-week high of €66.60 and way above its 52-week low of €36.26.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 24, 2023, the estimated forward annual dividend rate is 3.75 and the estimated forward annual dividend yield is 8.11%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.4%, now sitting on 1.05B for the twelve trailing months.

Volume

Today’s last reported volume for COVIVIO is 21440 which is 84.91% below its average volume of 142089.

More news about COVIVIO.

4. VICAT (VCT.PA)

42.97% Payout Ratio

Vicat S.A., together with its subsidiaries, engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. The Cement segment offers various cement products for the general contractors, such as concrete mixers, manufacturers of precast concrete products, construction and public works contractors, local authorities, residential property developers or master masons, and construction material wholesalers or retail chains. The Concrete & Aggregates segment provides ready-mixed concrete comprising standard and special concrete for the construction and public works contractors, including construction groups, house building companies, farmers, or private individuals; and aggregates, such as sands and gravel products for the ready-mixed concrete and precast concrete products manufacturers. The Other Products & Services segment is involved in the transportation of cement, ready-mixed concrete, and aggregates; provision of construction chemicals for use in exterior wall coatings, mortar and traditional concretes, tiling adhesives, and thermal insulation products, as well as for the products used to repair floors and walls; and production of specialty papers and paper bags for the agro-food, chemical, and construction sectors. It operates in France, Switzerland, Italy, the United States, Brazil, India, Kazakhstan, Turkey, Egypt, Senegal, Mali, and Mauritania. Vicat S.A. was incorporated in 1853 and is headquartered in L'Isle-d'Abeau, France.

Earnings Per Share

As for profitability, VICAT has a trailing twelve months EPS of €3.84.

PE Ratio

VICAT has a trailing twelve months price to earnings ratio of 8.89. Meaning, the purchaser of the share is investing €8.89 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.85%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9%, now sitting on 3.8B for the twelve trailing months.

Moving Average

VICAT’s worth is way higher than its 50-day moving average of €29.97 and way higher than its 200-day moving average of €28.53.

More news about VICAT.

5. CORTICEIRA AMORIM (COR.LS)

39.17% Payout Ratio

Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and Insulation Cork segments. It offers raw materials for cork and agroforestry markets; and cork stoppers for sparkling wine, spirit, beer, and cider industries. The company also provides cork composite solutions to use in various applications, such as aerospace, mobility, energy, sealing, construction, sports surfaces, flooring, home, office and leisure goods, footwear, panels, and composites. In addition, it offers insulation cork materials to use in sustainable construction/insulation, and interior and exterior designing. The company was founded in 1870 and is headquartered in Mozelos, Portugal. Corticeira Amorim, S.G.P.S., S.A operates as a subsidiary of Amorim Investimentos e Participações, S.G.P.S., S.A.

Earnings Per Share

As for profitability, CORTICEIRA AMORIM has a trailing twelve months EPS of €0.76.

PE Ratio

CORTICEIRA AMORIM has a trailing twelve months price to earnings ratio of 11.99. Meaning, the purchaser of the share is investing €11.99 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.38%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.9%, now sitting on 1.02B for the twelve trailing months.

Moving Average

CORTICEIRA AMORIM’s worth is below its 50-day moving average of €9.67 and under its 200-day moving average of €9.80.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CORTICEIRA AMORIM’s EBITDA is 25.08.

More news about CORTICEIRA AMORIM.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of €1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing €1 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.

More news about 1.

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