(VIANEWS) – EDP (EDP.LS), SPBK1 RINGERIKE (RING.OL), COFACE (COFA.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a guarantee 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. EDP (EDP.LS)
119.78% Payout Ratio
EDP – Energias de Portugal, S.A. engages in the production, transmission, distribution, and commercialization of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Brazil, North America, and internationally. The company operates through Renewables, Networks, and Client Solutions & Energy Management segments. It primarily generates electricity through hydro, CCGT, coal, wind, solar, nuclear, and cogeneration sources. The company is also involved in the commercialization of natural gas. It has an installed capacity of 25 GW; and serves 8.7 million electricity customers and 0.7 million gas customers. The company also operates 378,155 kilometers of distribution network lines. In addition, it offers engineering, laboratory tests, professional training, and energy services, as well as manages real estate assets. EDP – Energias de Portugal, S.A. was incorporated in 1976 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, EDP has a trailing twelve months EPS of €0.21.
PE Ratio
EDP has a trailing twelve months price to earnings ratio of 23.01. Meaning, the purchaser of the share is investing €23.01 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 10.6%.
Sales Growth
EDP’s sales growth for the current quarter is 62.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45%, now sitting on 20.83B for the twelve trailing months.
Moving Average
EDP’s value is higher than its 50-day moving average of €4.72 and above its 200-day moving average of €4.67.
2. SPBK1 RINGERIKE (RING.OL)
103.63% Payout Ratio
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.4. Meaning, the purchaser of the share is investing kr14.4 for every norwegian krone of annual earnings.
Moving Average
SPBK1 RINGERIKE’s value is under its 50-day moving average of kr329.32 and higher than its 200-day moving average of kr324.29.
Volume
Today’s last reported volume for SPBK1 RINGERIKE is 44 which is 96.9% below its average volume of 1420.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 28, 2022, the estimated forward annual dividend rate is 16.2 and the estimated forward annual dividend yield is 4.85%.
Yearly Top and Bottom Value
SPBK1 RINGERIKE’s stock is valued at kr328.00 at 11:10 EST, way under its 52-week high of kr374.00 and above its 52-week low of kr304.00.
3. 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 17. Meaning, the purchaser of the share is investing €17 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%.
Yearly Top and Bottom Value
COFACE’s stock is valued at €14.35 at 11:10 EST, higher than its 52-week high of €14.24.
Volume
Today’s last reported volume for COFACE is 30401 which is 84.58% below its average volume of 197259.
4. SMTPC (SMTPC.PA)
83.68% Payout Ratio
Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates the Prado Carénage, Rège and Prado Sud, Prado South tunnels. The company was incorporated in 1989 and is headquartered in Marseille, France.
Earnings Per Share
As for profitability, SMTPC has a trailing twelve months EPS of €1.18.
PE Ratio
SMTPC has a trailing twelve months price to earnings ratio of 22.55. Meaning, the purchaser of the share is investing €22.55 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 19.13%.
Moving Average
SMTPC’s worth is below its 50-day moving average of €26.99 and below its 200-day moving average of €27.81.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 5, 2022, the estimated forward annual dividend rate is 1.9 and the estimated forward annual dividend yield is 7.01%.
5. TOTENS SPAREBANK (TOTG.OL)
52.38% Payout Ratio
Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. The company operates through five offices located in Lena, Raufoss, Gjøvik, Hamar, and Råholt. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Earnings Per Share
As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr14.84.
PE Ratio
TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 15.77. Meaning, the purchaser of the share is investing kr15.77 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 10.47%.
