(VIANEWS) – OCI (OCI.AS), SPAREBANKEN ØST (SPOG.OL), HØLAND OG SETSKOG (HSPG.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. OCI (OCI.AS)
839.31% Payout Ratio
OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, and Nitrogen Europe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, ammonium nitrate + sulphur, renewable and lower carbon ammonia, nitric acid, bio-methanol, methanol, melamine, carbon dioxide, and diesel exhaust fluid, as well as other nitrogen products. It also provides storage and shipment services for ammonia at the port of Rotterdam. The company has operations in Europe, the Americas, the Middle East, Africa, Asia, and Oceania. OCI N.V. was founded in 2013 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, OCI has a trailing twelve months EPS of €-3.14.
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 -19.5%.
Sales Growth
OCI’s sales growth is negative 45.3% for the ongoing quarter and negative 37.5% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 26, 2023, the estimated forward annual dividend rate is 1.7 and the estimated forward annual dividend yield is 5.99%.
Volume
Today’s last reported volume for OCI is 60950 which is 83.76% below its average volume of 375514.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.2%, now sitting on 1.95B for the twelve trailing months.
More news about OCI.
2. SPAREBANKEN ØST (SPOG.OL)
66.95% Payout Ratio
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr8.06.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 7.32. Meaning, the purchaser of the share is investing kr7.32 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 10.7%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 13.1% and 17.2%, respectively.
More news about SPAREBANKEN ØST.
3. HØLAND OG SETSKOG (HSPG.OL)
65.12% Payout Ratio
Høland og Setskog Sparebank provides banking services for the personal and corporate markets in Norway. It offers savings and pension accounts; consumer loans, business loans, mortgage loans, car loans, and loans for motorbikes, ATVs, motorhomes, caravans, snowmobiles, and boats; and refinancing, credit cards, mobile and online banking, bank guarantee, overdrafts, leasing, and factoring and invoice sales, as well as insurance products. The company was formerly known as Holand Sparebank and changed its name to Høland og Setskog Sparebank in 2010. Høland og Setskog Sparebank was founded in 1849 and is headquartered in Bjørkelangen, Norway.
Earnings Per Share
As for profitability, HØLAND OG SETSKOG has a trailing twelve months EPS of kr8.52.
PE Ratio
HØLAND OG SETSKOG has a trailing twelve months price to earnings ratio of 14.55. Meaning, the purchaser of the share is investing kr14.55 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 5.83%.
More news about HØLAND OG SETSKOG.
4. CTT CORREIOS PORT (CTT.LS)
43.59% Payout Ratio
CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; contact center services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 569 post offices; 1,806 postal agencies; 219 postal delivery offices; 4,089 postal delivery routes; and a fleet of 4,415 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.39.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 11.38. Meaning, the purchaser of the share is investing €11.38 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 21.62%.
Sales Growth
CTT CORREIOS PORT’s sales growth for the next quarter is 5.6%.
Yearly Top and Bottom Value
CTT CORREIOS PORT’s stock is valued at €4.44 at 17:10 EST, under its 52-week high of €4.74 and way higher than its 52-week low of €3.26.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.3%, now sitting on 1.08B for the twelve trailing months.
Volume
Today’s last reported volume for CTT CORREIOS PORT is 117167 which is 46.32% below its average volume of 218284.
More news about CTT CORREIOS PORT.
5. MERSEN (MRN.PA)
40.72% Payout Ratio
Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, surge protection, lightning protection and power monitoring, and power transfer solutions for rail vehicles; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors. It also provides anticorrosion equipment comprising heat exchangers; process technologies; columns, reactors, and pressure vessels; PTFE or PFA bellows, pipes, elbows, and fittings; graphite bursting discs; corrosion resistant materials; and after-sales and maintenance of anticorrosion equipment, as well as graphite specialties, such as isostatic graphite and extruded graphite, carbon insulation, carbon/carbon composites, silicon carbide, and flexible graphite. In addition, the company offers carbon brushes, current collectors, brush-holders, slip ring assemblies, brush gear assembly housing, pantograph contact strips, wheel flange lubrication solutions, dust collectors, and signal and power transfer systems, as well as motor maintenance, services, tools, and training. It serves energy, electronics, transportation, corrosive chemicals, and process industries, as well as other markets comprising building, elevators, ski lifts, defense, and outdoor LED lighting, as well as heating, ventilation, and air conditioning markets. The company was formerly known as Groupe Carb/one Lorraine SA and changed its name to Mersen S.A. in 2010. Mersen S.A. was founded in 1889 and is headquartered in Courbevoie, France.
Earnings Per Share
As for profitability, MERSEN has a trailing twelve months EPS of €3.42.
PE Ratio
MERSEN has a trailing twelve months price to earnings ratio of 10.66. Meaning, the purchaser of the share is investing €10.66 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 9.96%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 1.23B for the twelve trailing months.
Yearly Top and Bottom Value
MERSEN’s stock is valued at €36.45 at 17:10 EST, way below its 52-week high of €40.80 and way above its 52-week low of €27.80.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 2, 2024, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 4.5%.
More news about MERSEN.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
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