GRIEG SEAFOOD And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – GRIEG SEAFOOD (GSF.OL), DANONE (BN.PA), ARGAN (ARG.PA) are the highest payout ratio stocks on this list.

We have collected information about stocks with the highest payout ratio up to 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 82.12. Meaning, the purchaser of the share is investing kr82.12 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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 36%, now sitting on 6.92B for the twelve trailing months.

Moving Average

GRIEG SEAFOOD’s value is way above its 50-day moving average of kr57.32 and higher than its 200-day moving average of kr64.90.

More news about GRIEG SEAFOOD.

2. DANONE (BN.PA)

135.48% Payout Ratio

Danone S.A. operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments. It produces and distributes yogurts, dairy products, coffee creamers and drinks, beverages, plant-based products, ice creams, frozen desserts, and cheese products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, Danone, Light & Fit, Oikos, YoPRO, International Delight, SToK, Silk, Follow Your Heart, and So Delicious. The company also provides specialized nutrition, including formulas and complementary feeding for babies and young children; and special medical purposes food for children and adults under the Aptamil, Nutrilon, Gallia, Cow & Gate, Bebelac, and Blédina brands. In addition, it offers tube feeding products under the Nutrison name; and oral nutritional supplements under the Fortimel and NutriDrink names. Further, the company provides mineral waters from natural sources, waters infused with natural fruit extracts, fruit juices, and vitamins under the evian, Volvic, AQUA, Mizone, Bonafont, Salus, Hayat, Sirma, Font Vella, Lanjarón, and Zywiec Zdroj brands. It distributes its products through retail chains and traditional market outlets; convenience stores; hotels, restaurants, and coffee outlets; hospitals, clinics, and pharmacies; and e-commerce channels. The company was formerly known as Groupe Danone and changed its name to Danone S.A. in April 2009. Danone S.A. was incorporated in 1899 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, DANONE has a trailing twelve months EPS of €1.36.

PE Ratio

DANONE has a trailing twelve months price to earnings ratio of 44.04. Meaning, the purchaser of the share is investing €44.04 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 6.49%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.9%, now sitting on 27.21B for the twelve trailing months.

Volume

Today’s last reported volume for DANONE is 1213070 which is 17.71% above its average volume of 1030510.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 2.1 and the estimated forward annual dividend yield is 3.23%.

More news about DANONE.

3. ARGAN (ARG.PA)

78.75% Payout Ratio

Argan SA engages in designing, building, developing, owning, leasing, and managing logistical platforms in France. It is also involved in the development and management of land. The company's real estate property consists of a total area of 806,000 square meters. It serves shippers and logistics companies. The company was founded in 1993 and is based in Neuilly sur Seine, France.

Earnings Per Share

As for profitability, ARGAN has a trailing twelve months EPS of €4.

PE Ratio

ARGAN has a trailing twelve months price to earnings ratio of 17.77. Meaning, the purchaser of the share is investing €17.77 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 4.67%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 229.78M for the twelve trailing months.

Volume

Today’s last reported volume for ARGAN is 1612 which is 82.61% below its average volume of 9272.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 3.15 and the estimated forward annual dividend yield is 4.07%.

More news about ARGAN.

4. BANK OF IRELAND GP (BIRG.IR)

40.87% Payout Ratio

Bank of Ireland Group plc provides various banking and financial products and services. It provides current and savings accounts, and business deposits and accounts; personal, car, home improvement, graduate, motor finance, and student loans, as well as overdrafts; and business and farming loans, green business, insurance premium finance, invoice finance, hire purchase, and leasing services. The company also offers international payments and credit cards; protection overview, mortgage protection, life cover, specified illness cover, income protection, protection for individuals, and protection for families; pensions; investments; foreign exchange, treasury services, leveraged acquisition and property finance services; personal products; and premier and private banking services. In addition, it provides home, car, travel, and life insurance products. The company was founded in 1783 and is headquartered in Dublin, Ireland.

Earnings Per Share

As for profitability, BANK OF IRELAND GP has a trailing twelve months EPS of €1.47.

PE Ratio

BANK OF IRELAND GP has a trailing twelve months price to earnings ratio of 6.09. Meaning, the purchaser of the share is investing €6.09 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 13.14%.

More news about BANK OF IRELAND GP.

5. TOTALENERGIES (TTE.PA)

36.77% Payout Ratio

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. The Exploration & Production segment is involved in the exploration and production of oil and natural gas. The Integrated LNG segment comprises the integrated gas chain, including upstream and midstream liquified natural gas (LNG) activities, as well as biogas, hydrogen, and gas trading activities. The Integrated Power segment includes generation, storage, electricity trading, and B2B-B2C distribution of gas and electricity. The Refining & Chemicals segment consists of refining, petrochemicals, and specialty chemicals. This segment also includes oil supply, trading, and marine shipping activities. The Marketing & Services segment supplies and markets petroleum products. The company was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. TotalEnergies SE was founded in 1924 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, TOTALENERGIES has a trailing twelve months EPS of €8.01.

PE Ratio

TOTALENERGIES has a trailing twelve months price to earnings ratio of 7.92. Meaning, the purchaser of the share is investing €7.92 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 18.08%.

Yearly Top and Bottom Value

TOTALENERGIES’s stock is valued at €63.47 at 07:10 EST, under its 52-week high of €70.11 and way higher than its 52-week low of €57.45.

Sales Growth

TOTALENERGIES’s sales growth is negative 10.7% for the current quarter and 5% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 2, 2025, the estimated forward annual dividend rate is 3.16 and the estimated forward annual dividend yield is 5.07%.

More news about TOTALENERGIES.

6. SPAREBANKEN MØRE (MORG.OL)

35.24% Payout Ratio

Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr21.28.

PE Ratio

SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 3.98. Meaning, the purchaser of the share is investing kr3.98 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 13.75%.

Yearly Top and Bottom Value

SPAREBANKEN MØRE’s stock is valued at kr84.60 at 07:10 EST, below its 52-week high of kr93.10 and way above its 52-week low of kr73.70.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.8%, now sitting on 2.44B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 2% and positive 1.2% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 4, 2024, the estimated forward annual dividend rate is 7.5 and the estimated forward annual dividend yield is 8.93%.

More news about SPAREBANKEN MØRE.

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%.

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Dividend Yield

As stated 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%.

Volume

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

More news about 1.

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