FRØY And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – KBC ANCORA (KBCA.BR), MELHUS SPAREBANK (MELG.OL), FRØY (FROY.OL) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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. KBC ANCORA (KBCA.BR)

85.39% Payout Ratio

KBC Ancora SCA holds participating interest in KBC Group SA. The company was formerly known as Almancora SCA and changed its name to KBC Ancora SCA in June 2007. KBC Ancora SCA was incorporated in 1998 and is based in Leuven, Belgium. KBC Ancora SCA is a subsidiary of Cera SC.

Earnings Per Share

As for profitability, KBC ANCORA has a trailing twelve months EPS of €10.14.

PE Ratio

KBC ANCORA has a trailing twelve months price to earnings ratio of 4.04. Meaning, the purchaser of the share is investing €4.04 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 18.98%.

Sales Growth

KBC ANCORA’s sales growth is negative 51.4% for the present quarter and negative 51.4% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 6, 2023, the estimated forward annual dividend rate is 9.8 and the estimated forward annual dividend yield is 24.01%.

Volume

Today’s last reported volume for KBC ANCORA is 6660 which is 70.23% below its average volume of 22377.

Yearly Top and Bottom Value

KBC ANCORA’s stock is valued at €40.92 at 12:10 EST, way below its 52-week high of €49.88 and way above its 52-week low of €32.08.

More news about KBC ANCORA.

2. MELHUS SPAREBANK (MELG.OL)

66.91% 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; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; 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 kr16.45.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing kr9.54 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 10.56%.

Volume

Today’s last reported volume for MELHUS SPAREBANK is 329 which is 5.44% above its average volume of 312.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 6.92%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 52.6%, now sitting on 293.36M for the twelve trailing months.

More news about MELHUS SPAREBANK.

3. FRØY (FROY.OL)

57.92% Payout Ratio

Frøy ASA provides integrated service to the aquaculture industry in Norway. The company offers wellboat services, sea freight, de-lice and treatment, mooring and laying, ring washing and cage services, inspection and certification, bottom mapping and documentation, tow, and ROV and diving services, as well as drainage, inspection, and repair services. It owns and operates 19 wellboats, 64 aqua service vessels, and 3 feed transport vessels. The company was founded in 2019 and is headquartered in Sistranda, Norway.

Earnings Per Share

As for profitability, FRØY has a trailing twelve months EPS of kr2.59.

PE Ratio

FRØY has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing kr29.42 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 6.67%.

More news about FRØY.

4. SPBK1 ØSTFOLD AKE (SOAG.OL)

49.8% Payout Ratio

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr39.15.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.22. Meaning, the purchaser of the share is investing kr8.22 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 11.66%.

Yearly Top and Bottom Value

SPBK1 ØSTFOLD AKE’s stock is valued at kr322.00 at 12:10 EST, below its 52-week high of kr348.00 and way above its 52-week low of kr280.00.

Volume

Today’s last reported volume for SPBK1 ØSTFOLD AKE is 787 which is 30.47% below its average volume of 1132.

Moving Average

SPBK1 ØSTFOLD AKE’s value is higher than its 50-day moving average of kr315.68 and above its 200-day moving average of kr314.40.

Sales Growth

SPBK1 ØSTFOLD AKE’s sales growth is 29.2% for the current quarter and 36.1% for the next.

More news about SPBK1 ØSTFOLD AKE.

5. PATRIMOINE ET COMM (PAT.PA)

40.98% Payout Ratio

Patrimoine et Commerce SA, a real estate company, engages in the acquisition, development, and operation of commercial real estate properties in France. The company operates a portfolio of 31 real estate assets covering a total area of 129,280 square meters located in high-attraction areas in the suburbs or centers of medium-sized cities. Its property portfolio includes shopping malls, supermarkets, shops, and business parks. The company is based in Boulogne-Billancourt, France.

Earnings Per Share

As for profitability, PATRIMOINE ET COMM has a trailing twelve months EPS of €3.05.

PE Ratio

PATRIMOINE ET COMM has a trailing twelve months price to earnings ratio of 5.87. Meaning, the purchaser of the share is investing €5.87 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 7.02%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 26, 2023, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 7.34%.

Moving Average

PATRIMOINE ET COMM’s value is below its 50-day moving average of €17.91 and above its 200-day moving average of €17.21.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 47.6M for the twelve trailing months.

More news about PATRIMOINE ET COMM.

6. HYDRATEC (HYDRA.AS)

37.84% Payout Ratio

Hydratec Industries NV, through its subsidiaries, engages in the manufacture and sale of industrial systems and plastic components for food, health, and mobility markets in the Netherlands, rest of Europe, Asia, North America, South America, Africa, and Oceania. It develops and produces sterilized product handling systems; and automated packaging solutions, including packaging for sterilized food in pouches, tins, and jars, as well as main-meal salads and agri-food in bags, nets, boxes, and crates. The company also supplies industrial incubators to produce day-old chicks; hatchery automation systems for processing of hatchery eggs and day-old chicks; climate control equipment for air and water treatment; hatchery management software for monitoring, analyzing, and optimizing the hatching process; and service and support for hatchery systems operation. In addition, it manufactures extrusion machines for PVC, PVC-O, and PO pipes; plastic injection molding products for use in climate control systems, lorries, bicycle parts, and coffee machines; rubber and plastic precision components for fuel systems, braking and drive systems, dosing systems for beer, coffee and milk, medical cartridges, point-of-care instruments, and diagnosis equipment. Hydratec Industries NV is headquartered in Amersfoort, the Netherlands.

Earnings Per Share

As for profitability, HYDRATEC has a trailing twelve months EPS of €11.85.

PE Ratio

HYDRATEC has a trailing twelve months price to earnings ratio of 7.43. Meaning, the purchaser of the share is investing €7.43 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 19.49%.

More news about HYDRATEC.

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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.

More news about 1.

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