(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), KBC (KBC.BR), ABN AMRO BANK N.V. (ABN.AS) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio as yet. 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 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. GJENSIDIGE FORSIKR (GJF.OL)
85.18% 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 kr8.83.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 20.32. Meaning, the purchaser of the share is investing kr20.32 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 17.89%.
Moving Average
GJENSIDIGE FORSIKR’s worth is below its 50-day moving average of kr179.82 and below its 200-day moving average of kr191.12.
Yearly Top and Bottom Value
GJENSIDIGE FORSIKR’s stock is valued at kr179.40 at 22:10 EST, way below its 52-week high of kr216.60 and above its 52-week low of kr164.50.
More news about GJENSIDIGE FORSIKR.
2. KBC (KBC.BR)
61.92% Payout Ratio
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, KBC has a trailing twelve months EPS of €6.46.
PE Ratio
KBC has a trailing twelve months price to earnings ratio of 10.23. Meaning, the purchaser of the share is investing €10.23 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 13.02%.
More news about KBC.
3. ABN AMRO BANK N.V. (ABN.AS)
47.45% Payout Ratio
ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €1.96.
PE Ratio
ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 7.89. Meaning, the purchaser of the share is investing €7.89 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 8.34%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 21, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 10.41%.
Yearly Top and Bottom Value
ABN AMRO BANK N.V.’s stock is valued at €15.47 at 22:10 EST, under its 52-week high of €17.00 and way above its 52-week low of €8.69.
More news about ABN AMRO BANK N.V..
4. CORTICEIRA AMORIM (COR.LS)
46.88% Payout Ratio
Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and Insulation Cork segments. It offers cork raw materials; cork stoppers for sparkling wine, spirit, beer, and cider industries; and cork wall and floor coverings. The company also provides cork composite solutions to use in various applications, such as aerospace, mobility, energy, sealing, construction, sports surfaces, flooring, home, office and leisure goods, footwear, panels, and composites. In addition, it offers insulation cork materials to use in sustainable insulation/construction, and interior and exterior designing. The company was founded in 1870 and is headquartered in Mozelos, Portugal.
Earnings Per Share
As for profitability, CORTICEIRA AMORIM has a trailing twelve months EPS of €0.61.
PE Ratio
CORTICEIRA AMORIM has a trailing twelve months price to earnings ratio of 16.56. Meaning, the purchaser of the share is investing €16.56 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 16.44%.
Volume
Today’s last reported volume for CORTICEIRA AMORIM is 6859 which is 88.7% below its average volume of 60701.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 19, 2022, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 3.03%.
More news about CORTICEIRA AMORIM.
5. NEXTENSA (NEXTA.BR)
34.84% Payout Ratio
Nextensa NV/SA is a mixed real estate investor and developer. The company's investment portfolio, which is spread over the Grand Duchy of Luxembourg (46%), Belgium (41%) and Austria (13%), had a total value on 30/09/2022 of approximately €1.35 billion. As a developer, Nextensa is mainly active in shaping large urban developments. At Tour & Taxis (development of more than 350,000 sqm) in Brussels, Nextensa is building a mixed real estate patrimony consisting of the revaluation of iconic buildings and new constructions. In Luxembourg (Cloche d'Or), it is working in partnership on a major urban extension of more than 400,000 sqm consisting of offices, retail and residential units. The company is listed on Euronext Brussels and has a market capitalisation of € 541.1 million (at 30/09/2022).
Earnings Per Share
As for profitability, NEXTENSA has a trailing twelve months EPS of €7.18.
PE Ratio
NEXTENSA has a trailing twelve months price to earnings ratio of 6.4. Meaning, the purchaser of the share is investing €6.4 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 8.68%.
More news about NEXTENSA.
