GEA GRENOBL.ELECT. And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – VEIDEKKE (VEI.OL), GEA GRENOBL.ELECT. (GEA.PA), RUBIS (RUI.PA) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio so far. 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. VEIDEKKE (VEI.OL)

96.88% Payout Ratio

Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark segments. The company executes civil engineering operation with projects in the road maintenance, railways, power production, and airport segments; and infrastructure, extractive and heavy industries, energy, and recycling facilities/landfill projects. It also operates as construction contractors for apartment complexes and non-residential buildings, such as schools, healthcare facilities, cultural buildings, office buildings, hotels, and shopping centres; and constructs commercial and residential buildings, as well as offers renovation services. In the addition, the company produces asphalt and aggregates. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, VEIDEKKE has a trailing twelve months EPS of kr7.9.

PE Ratio

VEIDEKKE has a trailing twelve months price to earnings ratio of 14.48. Meaning, the purchaser of the share is investing kr14.48 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 37.78%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12%, now sitting on 43.15B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 8, 2024, the estimated forward annual dividend rate is 7.9 and the estimated forward annual dividend yield is 6.83%.

Volume

Today’s last reported volume for VEIDEKKE is 49567 which is 71.5% below its average volume of 173924.

More news about VEIDEKKE.

2. GEA GRENOBL.ELECT. (GEA.PA)

88.44% Payout Ratio

Grenobloise d'Electronique et d'Automatismes Société Anonyme designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems. Its products include automatic ticket issuing machines, manual toll terminals, automatic payment machines, plaza computer and central systems, non-stop toll collection systems, and manual or automatic entry and exit lanes. The company also designs car park revenue control systems, such as entry lane terminals, restricted entry lane terminals, exit lane terminals, pedestrian access control terminals, automatic payment machines, manual payment machines, car park management supervision servers, and central computer systems. In addition, it offers electronic toll collection equipment comprising roadside beacons for mono or multilane applications; on-board units; and desktop reader encoders. It serves various motorway companies in Europe, Asia, the Middle East, North Africa, Central America, South America, and the Caribbean Islands. Grenobloise d'Electronique et d'Automatismes Société Anonyme was incorporated in 1971 and is based in Meylan, France.

Earnings Per Share

As for profitability, GEA GRENOBL.ELECT. has a trailing twelve months EPS of €1.47.

PE Ratio

GEA GRENOBL.ELECT. has a trailing twelve months price to earnings ratio of 66.33. Meaning, the purchaser of the share is investing €66.33 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 2.23%.

Yearly Top and Bottom Value

GEA GRENOBL.ELECT.’s stock is valued at €97.50 at 22:10 EST, below its 52-week high of €104.00 and way higher than its 52-week low of €77.50.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.9%, now sitting on 40.2M for the twelve trailing months.

Volume

Today’s last reported volume for GEA GRENOBL.ELECT. is 75 which is 40% below its average volume of 125.

More news about GEA GRENOBL.ELECT..

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%.

Sales Growth

RUBIS’s sales growth for the current quarter is 4.4%.

More news about RUBIS.

4. PARETO BANK (PARB.OL)

52.3% Payout Ratio

Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.74.

PE Ratio

PARETO BANK has a trailing twelve months price to earnings ratio of 7.44. Meaning, the purchaser of the share is investing kr7.44 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 13.13%.

Volume

Today’s last reported volume for PARETO BANK is 28998 which is 4.4% below its average volume of 30334.

Yearly Top and Bottom Value

PARETO BANK’s stock is valued at kr57.60 at 22:10 EST, under its 52-week high of kr61.00 and way above its 52-week low of kr48.55.

More news about PARETO BANK.

5. TKH GROUP (TWEKA.AS)

40.54% Payout Ratio

TKH Group N.V. develops and delivers smart vision, smart manufacturing, and smart connectivity systems in the Netherlands, Europe, Asia, North America, and internationally. The Smart Vision Systems segment provides 2D and 3D machine vision used to enhance quality inspection, operation, and object monitoring; and security vision technologies that enable customers to manage and control the urban environment, as well as enhances efficiency, safety, and security in various markets, such as infrastructure, parking, and building security. This segment serves various industries, such as consumer electronics, factory automation, logistics, wood, intelligent transport systems, medical, and life sciences. The Smart Manufacturing Systems segment offers systems engineering and assembly, control and analysis software, and connectivity and vision technologies to car and truck tire production, and factory automation industries; and care solutions, including medicine distribution machines. The Smart Connectivity Systems segment develops connectivity systems for on-shore and off-shore energy distribution; fiber optic connectivity systems for data and communication networks; and specialized cable systems for various industrial automation applications, such as the industrial, marine and offshore, and medical sectors, as well as provides contactless energy and data distribution comprising hardware components and intelligent software for airfield ground lighting systems. The company was formerly known as NV Twentsche Kabel Holding and changed its name to TKH Group N.V. in 2005. TKH Group N.V. was incorporated in 1980 and is based in Haaksbergen, the Netherlands.

Earnings Per Share

As for profitability, TKH GROUP has a trailing twelve months EPS of €4.07.

PE Ratio

TKH GROUP has a trailing twelve months price to earnings ratio of 9.86. Meaning, the purchaser of the share is investing €9.86 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 20.43%.

Volume

Today’s last reported volume for TKH GROUP is 61949 which is 30.75% below its average volume of 89468.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 1.7 and the estimated forward annual dividend yield is 4.23%.

Yearly Top and Bottom Value

TKH GROUP’s stock is valued at €40.12 at 22:10 EST, way under its 52-week high of €49.10 and way above its 52-week low of €33.64.

More news about TKH GROUP.

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 *