(VIANEWS) – ELMERA GROUP (ELMRA.OL), SCATEC (SCATC.OL), BETER BED (BBED.AS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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 investigating 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. ELMERA GROUP (ELMRA.OL)
1363.64% Payout Ratio
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers. The Business segment sells electrical power and related services to business consumers. The Nordic segment sells electrical power and related services to consumers in Finland and Sweden. The company also manages, researches, and develops products and services related to electrical power; and offers payment solutions. In addition, it provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr0.56.
PE Ratio
ELMERA GROUP has a trailing twelve months price to earnings ratio of 43.14. Meaning, the purchaser of the share is investing kr43.14 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 5.02%.
Sales Growth
ELMERA GROUP’s sales growth is negative 61.3% for the ongoing quarter and negative 24.7% for the next.
Yearly Top and Bottom Value
ELMERA GROUP’s stock is valued at kr24.16 at 21:10 EST, under its 52-week high of kr24.44 and way higher than its 52-week low of kr13.50.
Moving Average
ELMERA GROUP’s worth is way above its 50-day moving average of kr21.32 and way above its 200-day moving average of kr18.87.
Volume
Today’s last reported volume for ELMERA GROUP is 54469 which is 78.64% below its average volume of 255066.
More news about ELMERA GROUP.
2. SCATEC (SCATC.OL)
923.81% Payout Ratio
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr-1.11.
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 -0.35%.
Volume
Today’s last reported volume for SCATEC is 85896 which is 79.65% below its average volume of 422164.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 3.27B for the twelve trailing months.
More news about SCATEC.
3. BETER BED (BBED.AS)
55.56% Payout Ratio
Beter Bed Holding N.V. retails and wholesales bedroom furnishing products in the Netherlands and Belgium. The company offers beds, box springs, mattresses, bed bases, and bed textiles, as well as home delivery services. It operates retail stores under the Beter Bed and Beddenreus brand names. The company also markets its products under the Bright, Beter Bed Basic, Element, Kårlsson, M-concept, M line, Topcare, Wave, and Leazzzy brands, as well as through online platforms. Beter Bed Holding N.V. was founded in 1981 and is headquartered in Uden, the Netherlands.
Earnings Per Share
As for profitability, BETER BED has a trailing twelve months EPS of €0.27.
PE Ratio
BETER BED has a trailing twelve months price to earnings ratio of 22.44. Meaning, the purchaser of the share is investing €22.44 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 23.28%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 2.5%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.4%, now sitting on 235.5M for the twelve trailing months.
Moving Average
BETER BED’s value is above its 50-day moving average of €5.82 and way higher than its 200-day moving average of €4.09.
More news about BETER BED.
4. HERMES INTL (RMS.PA)
34.47% Payout Ratio
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes. It also provides silk and textiles for men and women; art of living and tableware products; perfumes; and watches. In addition, the company is also involved in weaving, engraving, printing, dyeing, finishing, and producing textiles; and purchasing, tanning, dyeing, finishing, and selling precious leathers. It sells its products through a network of stores worldwide. The company also sells watches, perfumes, and tableware through a network of specialized stores. Hermès International Société en commandite par actions was founded in 1837 and is based in Paris, France. Hermès International Société en commandite par actions operates as a subsidiary of H51 SAS.
Earnings Per Share
As for profitability, HERMES INTL has a trailing twelve months EPS of €37.64.
PE Ratio
HERMES INTL has a trailing twelve months price to earnings ratio of 52.45. Meaning, the purchaser of the share is investing €52.45 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 33.74%.
More news about HERMES INTL.
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.
