FRØY And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – MOWI (MOWI.OL), COLAS (RE.PA), COFACE (COFA.PA) 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 guarantee 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. MOWI (MOWI.OL)

81.3% Payout Ratio

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr9.56.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 19.05. Meaning, the purchaser of the share is investing kr19.05 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 11.74%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Nov 17, 2023, the estimated forward annual dividend rate is 7.2 and the estimated forward annual dividend yield is 3.76%.

Volume

Today’s last reported volume for MOWI is 414079 which is 44.77% below its average volume of 749757.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MOWI’s EBITDA is 22.97.

More news about MOWI.

2. COLAS (RE.PA)

80.86% Payout Ratio

Colas SA constructs and maintains transport infrastructure worldwide. It operates through three segments: Roads, Construction materials, and Railways. The company constructs and maintains roads and highways; and works on airfield runways and aprons, seaports, industrial sites, logistics and commercial premises, street construction and urban development, reserved-lane public transport, recreational amenities, environmental protection, etc. It also engages in the renovation, demolition, and deconstruction of buildings; and constructs small-scale civil engineering and drainage projects. In addition, the company produces and recycles construction materials, such as aggregates, emulsions and binders, asphalt mixes, ready-mix concrete, and bitumen. Further, it designs and engineers large projects; constructs, renews, and maintains rail networks, such as high-speed and conventional train lines, subways, and tramways; lays and maintains tracks, electrification, signaling/telecommunications, safety systems, ventilation, and fire detection/protection, as well as specific projects comprising bridge cranes, special branch lines, and repair of railway tunnels. Additionally, the company lays and maintains pipes and pipelines for the transport of water and energy, including the construction of turnkey gas compression stations, small-scale civil engineering works, and industrial services. It also engages in the manufacture, installation, and maintenance of road safety and signaling equipment; traffic management activities; and distribution of bitumen. The company was founded in 1929 and is headquartered in Paris, France. Colas SA operates as a subsidiary of Bouygues SA.

Earnings Per Share

As for profitability, COLAS has a trailing twelve months EPS of €9.08.

PE Ratio

COLAS has a trailing twelve months price to earnings ratio of 19.27. Meaning, the purchaser of the share is investing €19.27 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 10.65%.

More news about COLAS.

3. COFACE (COFA.PA)

79.17% 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, an information services web platform. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. COFACE SA 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 €1.92.

PE Ratio

COFACE has a trailing twelve months price to earnings ratio of 5.84. Meaning, the purchaser of the share is investing €5.84 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 14.56%.

Yearly Top and Bottom Value

COFACE’s stock is valued at €11.21 at 16:10 EST, way below its 52-week high of €14.44 and above its 52-week low of €10.89.

Moving Average

COFACE’s value is below its 50-day moving average of €11.48 and way under its 200-day moving average of €12.76.

More news about COFACE.

4. 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

FRØY’s EBITDA is 53.13.

Moving Average

FRØY’s value is higher than its 50-day moving average of kr74.05 and way higher than its 200-day moving average of kr58.94.

More news about FRØY.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *