GALIMMO And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – MIKO (MIKO.BR), GALIMMO (GALIM.PA), MAGNORA (MGN.OL) are the highest payout ratio stocks on this list.

We have congregated information about 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. MIKO (MIKO.BR)

148.02% Payout Ratio

Miko NV, together with its subsidiaries, engages in the coffee roasting business under the Miko brand name in Belgium, France, the Netherlands, the United Kingdom, Germany, Denmark, Norway, Sweden, Poland, the Czech Republic, Slovakia, and Australia. It offers various soft drinks, snacks, and healthy snacks, as well as coffee, milk, tea, and hot chocolates. The company also installs coffee and vending machines for companies, public institutions, and universities. Miko NV was founded in 1801 and is based in Turnhout, Belgium.

Earnings Per Share

As for profitability, MIKO has a trailing twelve months EPS of €1.77.

PE Ratio

MIKO has a trailing twelve months price to earnings ratio of 27.46. Meaning, the purchaser of the share is investing €27.46 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 1.69%.

Yearly Top and Bottom Value

MIKO’s stock is valued at €48.60 at 17:10 EST, way below its 52-week high of €71.00 and higher than its 52-week low of €47.00.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 1.87 and the estimated forward annual dividend yield is 3.67%.

More news about MIKO.

2. GALIMMO (GALIM.PA)

124.14% Payout Ratio

Galimmo SCA operates as a real estate company in Europe. It owns, manages, and develops shopping malls. The company was formerly known as C&Co SCA and changed its name to Galimmo SCA in September 2016. Galimmo SCA was incorporated in 1902 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, GALIMMO has a trailing twelve months EPS of €0.29.

PE Ratio

GALIMMO has a trailing twelve months price to earnings ratio of 52.07. Meaning, the purchaser of the share is investing €52.07 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 negative -0.27%.

Yearly Top and Bottom Value

GALIMMO’s stock is valued at €15.10 at 17:10 EST, under its 52-week high of €15.40 and way higher than its 52-week low of €12.00.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 3%.

More news about GALIMMO.

3. MAGNORA (MGN.OL)

116.55% Payout Ratio

Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr0.48.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 49.69. Meaning, the purchaser of the share is investing kr49.69 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 3.91%.

Yearly Top and Bottom Value

MAGNORA’s stock is valued at kr23.85 at 17:10 EST, way below its 52-week high of kr37.35 and higher than its 52-week low of kr21.95.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 1264% and 204.2%, respectively.

More news about MAGNORA.

4. HYDRATEC (HYDRA.AS)

38.94% Payout Ratio

Hydratec Industries NV, through its subsidiaries, manufactures and sells 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 meal salads and agrifood 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 of the incubation process; and service and support for hatchery systems operation. In addition, it manufactures extrusion equipment for PVC, PVC-O, and PO pipes; plastic injection molding products for use in climate control systems, lorries, bicycle parts, and coffee machines; rubber, metal, and plastic precision components, that includes dosing systems, functional and safety parts for braking systems, and cartridges for diagnostics and other medical applications. Hydratec Industries NV is headquartered in Amersfoort, the Netherlands. Hydratec Industries NV operates as a subsidiary of Hydra Investments B.v.

Earnings Per Share

As for profitability, HYDRATEC has a trailing twelve months EPS of €15.42.

PE Ratio

HYDRATEC has a trailing twelve months price to earnings ratio of 9.08. Meaning, the purchaser of the share is investing €9.08 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 22.64%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 286.55M for the twelve trailing months.

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%.

More news about 1.

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