GRIEG SEAFOOD And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – GRIEG SEAFOOD (GSF.OL), LACROIX GROUP (LACR.PA), GOLDEN OCEAN GROUP (GOGL.OL) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio up until now. 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. GRIEG SEAFOOD (GSF.OL)

218.75% Payout Ratio

Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the farming, production, and sale of Atlantic salmon. The company was incorporated in 1988 and is headquartered in Bergen, Norway. Grieg Seafood ASA is a subsidiary of Grieg Aqua AS.

Earnings Per Share

As for profitability, GRIEG SEAFOOD has a trailing twelve months EPS of kr0.8.

PE Ratio

GRIEG SEAFOOD has a trailing twelve months price to earnings ratio of 69.5. Meaning, the purchaser of the share is investing kr69.5 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 negative -5.84%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 20, 2024, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 3.24%.

More news about GRIEG SEAFOOD.

2. LACROIX GROUP (LACR.PA)

87.91% Payout Ratio

LACROIX Group SA engages in the development, industrialization, production, and integration of electronic assemblies and subassemblies for the automotive, aeronautics, home automation, industrial, and healthcare sectors. It operates through LACROIX Electronics, LACROIX Environment, LACROIX City segments. The company offers connected equipment for managing and coordinating road infrastructures in the areas of street lighting, traffic management, road signs, and V2X; and water and energy facilities, such as smart grids and heating networks. It operates in France, Germany, the United States, Poland, and Tunisia. The company was founded in 1936 and is based in Saint-Herblain, France. LACROIX Group SA operates as a subsidiary of Vinila Investissements.

Earnings Per Share

As for profitability, LACROIX GROUP has a trailing twelve months EPS of €2.89.

PE Ratio

LACROIX GROUP has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing €8.82 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 -1.48%.

Moving Average

LACROIX GROUP’s worth is way higher than its 50-day moving average of €20.33 and higher than its 200-day moving average of €24.90.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 12, 2024, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 3.57%.

Yearly Top and Bottom Value

LACROIX GROUP’s stock is valued at €25.50 at 02:10 EST, way under its 52-week high of €40.80 and way above its 52-week low of €19.10.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.1%, now sitting on 761.18M for the twelve trailing months.

More news about LACROIX GROUP.

3. GOLDEN OCEAN GROUP (GOGL.OL)

74.77% Payout Ratio

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr11.47.

PE Ratio

GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 10.29. Meaning, the purchaser of the share is investing kr10.29 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 11.25%.

Yearly Top and Bottom Value

GOLDEN OCEAN GROUP’s stock is valued at kr118.00 at 02:10 EST, way below its 52-week high of kr167.00 and way higher than its 52-week low of kr78.32.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 10, 2024, the estimated forward annual dividend rate is 12.73 and the estimated forward annual dividend yield is 10.41%.

Sales Growth

GOLDEN OCEAN GROUP’s sales growth is negative 20.9% for the ongoing quarter and 3.6% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.2%, now sitting on 972.69M for the twelve trailing months.

More news about GOLDEN OCEAN GROUP.

4. NOS, SGPS (NOS.LS)

64.65% Payout Ratio

NOS, S.G.P.S., S.A. engages in the telecommunications and entertainment business. It operates through Telco and Audiovisual segments. The company offers cable and satellite television, voice and internet access, mobile communication, IP voice, mobile virtual network, and related consulting services, as well as electronic communications services. It also involves in the negotiation, acquisition, and distribution of content rights and other multimedia products, and Pay TV and video-on-demand rights; producing films and series channels; managing the advertising space on Pay TV channels; production of channels for Pay TV; video production and sale; and cinema exhibition and distribution. In addition, the company provides data center management and consulting services in IT; invests in and supports the development of companies that aim to commercialize technologies and products; manages investments; movie exhibition; commercializes public events; and offers accounting, logistics, administrative, financial, tax, human resources, licensing and engineering, and other services. Further, it designs, constructs, manages, and exploits electronic communications networks, and equipment and infrastructure; management of technological assets and renders related services; achievement and promotion of scientific, and research and development activities; imports, distributes, edits, commercializes, and produces audiovisual products; and provides demonstration, dissemination, technology transfer, and formation services for services and information systems, as well as provides insurance services. The company also purchases, sells, rents, and operates property and commercial establishments; provides urbanization, building construction, planning, urban management, studies, and construction services; buys, sells, and resells properties; and manages real estate. The company was founded in 1999 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, NOS, SGPS has a trailing twelve months EPS of €0.48.

PE Ratio

NOS, SGPS has a trailing twelve months price to earnings ratio of 7.54. Meaning, the purchaser of the share is investing €7.54 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 24.26%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 1.55B for the twelve trailing months.

More news about NOS, SGPS.

5. GROUPE CRIT (CEN.PA)

53.35% Payout Ratio

Groupe CRIT SA provides temporary work and recruitment services in France and internationally. The company offers temporary work and recruitment, and training and consulting services. It also provides airport assistance, such as ground solutions, congo handling, and technical assistance services, as well as offers engineering and maintenance services. Groupe CRIT SA was founded in 1962 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, GROUPE CRIT has a trailing twelve months EPS of €6.56.

PE Ratio

GROUPE CRIT has a trailing twelve months price to earnings ratio of 10.95. Meaning, the purchaser of the share is investing €10.95 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 10.1%.

More news about GROUPE CRIT.

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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

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