(VIANEWS) – GTT (GTT.PA), CORBION (CRBN.AS), SPAREBANK 1 SMN (MING.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 issue them.
When researching 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. GTT (GTT.PA)
77.31% Payout Ratio
Gaztransport & Technigaz SA, a technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and liquefied natural gas (LNG) in South Korea, China, Russia, and internationally. The company offers solutions, such as commercial vessel tanks, small and medium-capacity LNG carriers, bunker barges and vessels, and floating storage structures and bunkering stations for supplying LNG to merchant vessels other than LNG carriers; and LNG fuel storage solutions and related systems for the merchant vessels that use LNG as a marine fuel to replace the conventional fuel oils. It also provides membrane technology system for the bulk transportation and storage of LNG; and LNG Brick, a package for storage of gas for propulsion dedicated to ships requiring a small quantity of LNG. Further, it provides consultancy and engineering study, construction assistance, emergency response, training, and maintenance support services; and designs and assembles electrolysers for the production of green hydrogen, as well as offers smart shipping services; and digital services, such as in-depth data analytics. In addition, the company licenses its technologies to shipyards. The company serves shipyards, ship-owners, terminal operators, gas companies, and classification societies. Gaztransport & Technigaz SA was founded in 1963 and is headquartered in Saint-Rémy-lès-Chevreuse, France.
Earnings Per Share
As for profitability, GTT has a trailing twelve months EPS of €4.
PE Ratio
GTT has a trailing twelve months price to earnings ratio of 29.98. Meaning, the purchaser of the share is investing €29.98 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 55.36%.
Volume
Today’s last reported volume for GTT is 23224 which is 62.99% below its average volume of 62753.
More news about GTT.
2. CORBION (CRBN.AS)
50.45% Payout Ratio
Corbion N.V. provides lactic acid and lactic acid derivatives, emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients in the Netherlands, the United States, Latin America, Asia, rest of North America, and rest of Europe, the Middle East, and Africa. The company offers ingredient solutions made from renewable resources for the food, home and personal care, animal nutrition, pharmaceutical, medical device, and bioplastics markets It markets its products through a network of sales offices and distributors. The company was formerly known as CSM N.V. and changed its name to Corbion N.V. in October 2013. Corbion N.V. was founded in 1919 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, CORBION has a trailing twelve months EPS of €1.11.
PE Ratio
CORBION has a trailing twelve months price to earnings ratio of 17.46. Meaning, the purchaser of the share is investing €17.46 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 10.89%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 1.51B for the twelve trailing months.
Yearly Top and Bottom Value
CORBION’s stock is valued at €19.38 at 06:10 EST, way under its 52-week high of €37.76 and way above its 52-week low of €14.54.
More news about CORBION.
3. SPAREBANK 1 SMN (MING.OL)
47.74% Payout Ratio
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr13.61.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 10.42. Meaning, the purchaser of the share is investing kr10.42 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 12.51%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 4.58%.
More news about SPAREBANK 1 SMN.
4. SOLVAY (SOLB.BR)
39.59% Payout Ratio
Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers. The Solutions segment offers specialty chemicals for agro, home and personal care, coatings, and industrial markets; technology solutions in specialty mining reagents, phosphine-based chemistry, and solutions for the stabilization of polymers; fluorine and rare-earth formulations for automotive, electronics, agrochemical, and construction applications; and vanillin for the food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. The Corporate & Business Services segment provides energy and other business services. The company was founded in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, SOLVAY has a trailing twelve months EPS of €10.23.
PE Ratio
SOLVAY has a trailing twelve months price to earnings ratio of 2.71. Meaning, the purchaser of the share is investing €2.71 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 9.93%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 15, 2024, the estimated forward annual dividend rate is 4.13 and the estimated forward annual dividend yield is 14.89%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 31.2%, now sitting on 14B for the twelve trailing months.
More news about SOLVAY.
5. ELOPAK (ELO.OL)
32.57% Payout Ratio
Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally. It offers Pure-Pak cartons for chilled and aseptic applications; common roll fed aseptic carton; and packaging products. It also provides packaging solutions for detergent, fabric softener, and hand wash products. In addition, the company offers standard flexo, super flexo, UV-flexo, and offset litho printing services, as well as digital print proofs and machine print proofs on paper board. Further, it provides machine and equipment through spare part webshop. Elopak ASA was founded in 1957 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, ELOPAK has a trailing twelve months EPS of kr2.69.
PE Ratio
ELOPAK has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing kr11.17 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 22.46%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.6%, now sitting on 1.1B for the twelve trailing months.
Sales Growth
ELOPAK’s sales growth is negative 90.8% for the current quarter and negative 90.6% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.86 and the estimated forward annual dividend yield is 3.83%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ELOPAK’s EBITDA is 9.79.
More news about ELOPAK.
6. THERMADOR GROUPE (THEP.PA)
32.25% Payout Ratio
Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry. In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories. Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies. The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.
Earnings Per Share
As for profitability, THERMADOR GROUPE has a trailing twelve months EPS of €6.45.
PE Ratio
THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 13.1. Meaning, the purchaser of the share is investing €13.1 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 19.98%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 589.97M for the twelve trailing months.
More news about THERMADOR GROUPE.
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%.
More news about 1.
