EURONEXT And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – AMSC (AMSC.OL), MELHUS SPAREBANK (MELG.OL), RUBIS (RUI.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 promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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. AMSC (AMSC.OL)

252.69% Payout Ratio

AMSC ASA, through its subsidiaries, invests in maritime assets and companies in the United States. It operates one international subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway.

Earnings Per Share

As for profitability, AMSC has a trailing twelve months EPS of kr2.85.

PE Ratio

AMSC has a trailing twelve months price to earnings ratio of 10.81. Meaning, the purchaser of the share is investing kr10.81 for every norwegian krone 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 8.21%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 75.8% and 46.8%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 39.6%, now sitting on 102.25M for the twelve trailing months.

Yearly Top and Bottom Value

AMSC’s stock is valued at kr30.80 at 07:10 EST, under its 52-week low of kr34.15.

Moving Average

AMSC’s worth is way under its 50-day moving average of kr39.16 and way under its 200-day moving average of kr41.54.

More news about AMSC.

2. MELHUS SPAREBANK (MELG.OL)

79.21% Payout Ratio

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr15.78.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 10.01. Meaning, the purchaser of the share is investing kr10.01 for every norwegian krone 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 9.81%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 324.05M for the twelve trailing months.

Volume

Today’s last reported volume for MELHUS SPAREBANK is 215 which is 53.66% below its average volume of 464.

Moving Average

MELHUS SPAREBANK’s worth is higher than its 50-day moving average of kr154.66 and under its 200-day moving average of kr158.84.

More news about MELHUS SPAREBANK.

3. RUBIS (RUI.PA)

56.14% Payout Ratio

Rubis engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean. The company operates through Energy Distribution and Renewable Electricity Production segments. It is involved in the bulk liquid storage of fuels, biofuels, chemicals, and agrifood products; and retails and distributes fuels, heating oils, lubricants, liquefied gases, and bitumen, as well as provides logistics services comprising trading-supply, refining, and shipping activities. The company also engages in the production of photovoltaic electricity; provision of car wash services; and operation of convenience stores and quick-service restaurants across various service stations operated under the RUBiS and ViTO brands. It serves transportation, infrastructure, hotel, aviation, marine, and public works sectors. Rubis was incorporated in 1954 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, RUBIS has a trailing twelve months EPS of €3.42.

PE Ratio

RUBIS has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing €9.57 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 13.05%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14%, now sitting on 6.63B for the twelve trailing months.

Moving Average

RUBIS’s worth is way higher than its 50-day moving average of €29.09 and way higher than its 200-day moving average of €26.71.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.98 and the estimated forward annual dividend yield is 6.96%.

Volume

Today’s last reported volume for RUBIS is 588098 which is 130.52% above its average volume of 255112.

More news about RUBIS.

4. EURONEXT (ENX.PA)

44.93% Payout Ratio

Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Ireland, and Norway. The company offers a range of exchange and corporate services, including security listings, cash and derivatives trading, and market data dissemination. It also provides listing venues and cash equities trading venues; and various marketplaces, including multilateral trading facilities for investors, broker-dealers, and other market participants to meet directly to buy and sell cash equities, fixed income securities, and exchange traded products. In addition, the company offers options contracts based on the blue-chip equities listed on Euronext; commodity derivatives, such as milling wheat futures contracts; and post-trade services, as well as distributes and sells real-time, historic, and reference data to data vendors, and financial institutions and individual investors. Further, it provides listing; cash, derivatives, fixed income, foreign exchange, and power trading; investor; advances data; clearing; custody and settlement; NTI; and other services. Additionally, the company offers technology solutions and services to exchanges, venue operators, and financial institutions; Colocation and network services; and regulatory reporting services. The company was formerly known as Euronext Group N.V. and changed its name to Euronext N.V. in May 2014. Euronext N.V. was founded in 2000 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, EURONEXT has a trailing twelve months EPS of €4.95.

PE Ratio

EURONEXT has a trailing twelve months price to earnings ratio of 17.82. Meaning, the purchaser of the share is investing €17.82 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 15.13%.

Moving Average

EURONEXT’s value is under its 50-day moving average of €90.94 and higher than its 200-day moving average of €83.43.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 12.7% and 14.5%, respectively.

More news about EURONEXT.

5. TESSENDERLO (TESB.BR)

43.1% Payout Ratio

Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide. It operates through five segments: Agro, Bio-Valorization, Industrial Solutions, Machines & Technologies, and T-Power. The Agro segment engages in the production, marketing, and trading of crop nutrients, including liquid crop and potassium sulfate fertilizers, and organic soil improvers, as well as organic and non-organic crop protection products. This segment offers its specialty fertilizers under Thio-Sul, KTS, K-Row 23, CaTs, GranuPotasse, SoluKem, SoluPotasse, and MAJOR 90 brands. The Bio-Valorization segment produces, sells, and trades in gelatins and collagen peptides, and proteins and fats. The Industrial Solutions segment is involved in the provision of preassembled piping kits, project consultancy services, engineering support for ventilation solutions, sewage and rainwater solutions, and siphonic roof drainage systems; coagulants and other chemicals for the treatment of wastewater, and the purification of drinking water; production and sale of industrial chemicals, such as bleach, sulfuric acid, sodium hydroxide, various grades of hydrochloric acid, and calcium chloride, as well as sulfur chemicals. The Machines & Technologies segment engages in the design, development, production, sale, support, and service of weaving machines, as well as related upgrade kits and spare parts, and training and repair services; engineered casting solutions, and drill tips and anchor solutions; customized controller systems; and precision parts. The T-Power segment produces electricity through a combined cycle gas turbine of 425 MW capacity. It serves agriculture, food, pharma, municipal water, mining, construction, infrastructure, health, chemical, oil and gas, textile, animal feed, machinery, engineering, and consumer goods end markets. The company was founded in 1919 and is headquartered in Brussels, Belgium.

Earnings Per Share

As for profitability, TESSENDERLO has a trailing twelve months EPS of €1.74.

PE Ratio

TESSENDERLO has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing €13.33 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 6.83%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.3%, now sitting on 2.93B for the twelve trailing months.

More news about TESSENDERLO.

6. VOPAK (VPK.AS)

35.91% Payout Ratio

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide. The company operates LPG and chemical gas, industrial, chemical, and oil terminals; and owns and operates specialized facilities consisting of tanks, jetties, truck loading stations, and pipelines. It stores and handles chemicals, such as methanol, xylenes, styrene, alpha olefins, and mono-ethylene glycol; gas, including LNG, LPG, ethylene, butadiene, and ammonia; oil products consisting of crude oil, fuel oil, diesel, jet fuel, gasoline, and naphtha; and vegoils and biofuels comprising ethanol, biodiesel, and sustainable aviation fuel. In addition, the company is involved in the development of infrastructure solutions within ports for low-carbon and renewable hydrogen, CO2, long-duration energy storage, and sustainable fuels and feedstocks. Further, it operates 76 terminals in 23 countries with a storage capacity of 35.2 million cubic meters. It serves producers, manufacturers, distributors, governments, traders, and chemical and energy companies. The company was founded in 1616 and is headquartered in Rotterdam, the Netherlands.

Earnings Per Share

As for profitability, VOPAK has a trailing twelve months EPS of €3.55.

PE Ratio

VOPAK has a trailing twelve months price to earnings ratio of 11.28. Meaning, the purchaser of the share is investing €11.28 for every euro of annual earnings.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 3.87%.

Yearly Top and Bottom Value

VOPAK’s stock is valued at €40.04 at 07:10 EST, higher than its 52-week high of €39.38.

Volume

Today’s last reported volume for VOPAK is 28707 which is 80.6% below its average volume of 148003.

More news about VOPAK.

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%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

More news about 1.

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