(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), COFACE (COFA.PA), TINC (TINC.BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute 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. GJENSIDIGE FORSIKR (GJF.OL)
87.67% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.07.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 17.95. Meaning, the purchaser of the share is investing kr17.95 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.65%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 95.7% and 42.1%, respectively.
Yearly Top and Bottom Value
GJENSIDIGE FORSIKR’s stock is valued at kr162.80 at 12:10 EST, below its 52-week low of kr164.50.
Volume
Today’s last reported volume for GJENSIDIGE FORSIKR is 191445 which is 40.91% below its average volume of 324019.
More news about GJENSIDIGE FORSIKR.
2. COFACE (COFA.PA)
76.53% 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 €1.96.
PE Ratio
COFACE has a trailing twelve months price to earnings ratio of 6.51. Meaning, the purchaser of the share is investing €6.51 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.79%.
Yearly Top and Bottom Value
COFACE’s stock is valued at €12.76 at 12:10 EST, way below its 52-week high of €14.44 and way higher than its 52-week low of €9.31.
Volume
Today’s last reported volume for COFACE is 20296 which is 91.8% below its average volume of 247565.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.9%, now sitting on 1.91B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 12.04%.
More news about COFACE.
3. TINC (TINC.BR)
69.23% Payout Ratio
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Earnings Per Share
As for profitability, TINC has a trailing twelve months EPS of €0.78.
PE Ratio
TINC has a trailing twelve months price to earnings ratio of 15.51. Meaning, the purchaser of the share is investing €15.51 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.13%.
Volume
Today’s last reported volume for TINC is 6249 which is 56.51% below its average volume of 14370.
More news about TINC.
4. SONAE (SON.LS)
37.01% Payout Ratio
Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. is a subsidiary of Efanor Investimentos SGPS, SA.
Earnings Per Share
As for profitability, SONAE has a trailing twelve months EPS of €0.14.
PE Ratio
SONAE has a trailing twelve months price to earnings ratio of 6.73. Meaning, the purchaser of the share is investing €6.73 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.11%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 8.14B for the twelve trailing months.
More news about SONAE.
