ELIS And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SELVAAG BOLIG (SBO.OL), KID (KID.OL), VASTNED BELGIUM (VASTB.BR) are the highest payout ratio stocks on this list.

We have gathered information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. SELVAAG BOLIG (SBO.OL)

137.74% Payout Ratio

Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. The company also offers project management services. Selvaag Bolig ASA was incorporated in 2008 and is headquartered in Oslo, Norway. Selvaag Bolig ASA is a subsidiary of Selvaag AS.

Earnings Per Share

As for profitability, SELVAAG BOLIG has a trailing twelve months EPS of kr3.64.

PE Ratio

SELVAAG BOLIG has a trailing twelve months price to earnings ratio of 8.79. Meaning, the purchaser of the share is investing kr8.79 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 14.08%.

Yearly Top and Bottom Value

SELVAAG BOLIG’s stock is valued at kr32.00 at 02:10 EST, way below its 52-week high of kr47.00 and way above its 52-week low of kr28.65.

Revenue Growth

Year-on-year quarterly revenue growth declined by 57.1%, now sitting on 2.89B for the twelve trailing months.

More news about SELVAAG BOLIG.

2. KID (KID.OL)

106.04% Payout Ratio

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.

Earnings Per Share

As for profitability, KID has a trailing twelve months EPS of kr6.25.

PE Ratio

KID has a trailing twelve months price to earnings ratio of 13.76. Meaning, the purchaser of the share is investing kr13.76 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 19.66%.

Sales Growth

KID’s sales growth for the current quarter is negative 3.1%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 457.1% and a negative 48.4%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

KID’s EBITDA is 15.44.

Volume

Today’s last reported volume for KID is 15903 which is 33.47% below its average volume of 23904.

More news about KID.

3. VASTNED BELGIUM (VASTB.BR)

78.85% Payout Ratio

Vastned Belgium is a public regulated real estate company (RREC), the shares of which are listed on Euronext Brussels (VASTB). Vastned Belgium invests exclusively in Belgian commercial real estate, more specifically in multi-functional retail properties located in the popular shopping cities of Antwerp, Brussels, Ghent and Bruges. The real estate portfolio also comprises high-end retail parks and retail warehouses. A smaller part of the portfolio is invested in hospitality and residential units.

Earnings Per Share

As for profitability, VASTNED BELGIUM has a trailing twelve months EPS of €2.78.

PE Ratio

VASTNED BELGIUM has a trailing twelve months price to earnings ratio of 10.5. Meaning, the purchaser of the share is investing €10.5 for every euro of annual earnings.

Yearly Top and Bottom Value

VASTNED BELGIUM’s stock is valued at €29.20 at 02:10 EST, way under its 52-week high of €34.10 and way above its 52-week low of €25.10.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 2.25 and the estimated forward annual dividend yield is 7.14%.

More news about VASTNED BELGIUM.

4. ELIS (ELIS.PA)

43.02% Payout Ratio

Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally. The company offers table, bed, kitchen, patient, and bath linens; workwear and personal protective equipment; beverage solutions, such as water coolers and accessories, cups and bottles, and coffee machines; floor protection mats and mops; industrial wipers; and pest and rodent control, insect control, or disinfection services. It also provides washroom hygiene services, such as hand washing and drying, toilet hygiene and urinals, lavatories, and air fragrancing; and reusable cleanroom garments, footwear, goggles, and related contamination control solutions, as well as cleaning systems. In addition, the company offers various solutions for collection and disposal of infectious waste, as well as laundry facilities. It primarily serves the catering, accommodation, healthcare and social welfare, industries, trade and retail, and services sectors, as well as public authorities and administration. Elis SA was founded in 1883 and is headquartered in Saint-Cloud, France.

Earnings Per Share

As for profitability, ELIS has a trailing twelve months EPS of €0.87.

PE Ratio

ELIS has a trailing twelve months price to earnings ratio of 20.44. Meaning, the purchaser of the share is investing €20.44 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 6.57%.

Volume

Today’s last reported volume for ELIS is 55343 which is 84.95% below its average volume of 367786.

More news about ELIS.

5. SOGN SPAREBANK (SOGN.OL)

38.3% Payout Ratio

Sogn Sparebank provides various banking products and services in Norway. The company offers savings products; home loans and small loans, as well as loans for cars and other vehicles; credit and other cards; and mobile and online banking services. It also provides bank guarantees, construction loans, overdraft, and business loans, as well as leasing and securities trading services. In addition, the company offers home and leisure, animals, damage, car, liability, work machine, data attack, farm building, operating equipment and crop, property damage, health, homeowners, agriculture, craftsman, commercial vehicle, business, and personnel insurance products. Sogn Sparebank was founded in 1846 and is based in Årdalstangen, Norway.

Earnings Per Share

As for profitability, SOGN SPAREBANK has a trailing twelve months EPS of kr14.09.

PE Ratio

SOGN SPAREBANK has a trailing twelve months price to earnings ratio of 11.14. Meaning, the purchaser of the share is investing kr11.14 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 6.56%.

Sales Growth

SOGN SPAREBANK’s sales growth is 28.5% for the ongoing quarter and negative 4.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 53% and 6.7%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 21, 2023, the estimated forward annual dividend rate is 10 and the estimated forward annual dividend yield is 3.27%.

Volume

Today’s last reported volume for SOGN SPAREBANK is 15 which is 98.44% below its average volume of 963.

More news about SOGN SPAREBANK.

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