GJENSIDIGE FORSIKR And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), TF1 (TFI.PA), STOREBRAND (STB.OL) are the highest payout ratio stocks on this list.

We have collected information concerning 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 researching 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. GJENSIDIGE FORSIKR (GJF.OL)

76.46% 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. Gjensidige Forsikring ASA operates as a subsidiary of GjensidigeStiftelsen.

Earnings Per Share

As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr10.79.

PE Ratio

GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 16.94. Meaning, the purchaser of the share is investing kr16.94 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 22.66%.

Sales Growth

GJENSIDIGE FORSIKR’s sales growth for the current quarter is negative 14.5%.

More news about GJENSIDIGE FORSIKR.

2. TF1 (TFI.PA)

64.1% Payout Ratio

TF1 SA engages in the broadcasting, studios and entertainment, and digital businesses in France and internationally. The company offers DTT channels, including TMC, TFX, and TF1 Séries Films; Theme channels, such as TV Breizh, Ushuaïa TV, and Histoire TV; e-TF1; websites; and advertising services, as well as TF1, which covers sports, French drama, news, entertainment, sports, and movies. It also operates studios, including Newen Studios; TF1 Studio; and entertainment channel comprising TF1 Entertainment. In addition, the company operates Unify, a digital channel. Further, it offers digital content management, theme channel, content/broadcasting internet and TV, and TV news images agency services, as well as engages in the acquisition/sale of audiovisual rights and e-commerce activities. TF1 SA was incorporated in 1982 and is headquartered in Boulogne-Billancourt, France.

Earnings Per Share

As for profitability, TF1 has a trailing twelve months EPS of €0.78.

PE Ratio

TF1 has a trailing twelve months price to earnings ratio of 9.26. Meaning, the purchaser of the share is investing €9.26 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 8.82%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 20, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 7.01%.

More news about TF1.

3. STOREBRAND (STB.OL)

58.64% Payout Ratio

Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway, the United States, Japan, and Sweden. The company operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides health insurance, property and casualty insurance, personal risk products, and employee-related and pension-related insurance products. The Guaranteed Pension segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. The company also offers securities, and banking and investment services. It serves private individuals, corporate and retail markets, companies, municipalities, and public sector. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. Storebrand ASA operates as a subsidiary of The Storebrand Group.

Earnings Per Share

As for profitability, STOREBRAND has a trailing twelve months EPS of kr6.31.

PE Ratio

STOREBRAND has a trailing twelve months price to earnings ratio of 14.4. Meaning, the purchaser of the share is investing kr14.4 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 8.86%.

More news about STOREBRAND.

4. SPAREBANKEN VEST (SVEG.OL)

47.83% Payout Ratio

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr11.5.

PE Ratio

SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 9.41. Meaning, the purchaser of the share is investing kr9.41 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 14.65%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Oct 26, 2023, the estimated forward annual dividend rate is 5.5 and the estimated forward annual dividend yield is 5.21%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6%, now sitting on 5.76B for the twelve trailing months.

More news about SPAREBANKEN VEST.

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%.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Growth Estimates Quarters

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

More news about 1.

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