(VIANEWS) – OTELLO CORPORATION (OTEC.OL), HOLLAND COLOURS (HOLCO.AS), DOCK.PETR.AMBES AM (DPAM.PA) 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 promise 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. OTELLO CORPORATION (OTEC.OL)
1257.59% Payout Ratio
Otello Corporation ASA provides cloud-based network solutions for mobile operators. It offers RocketColony, which enables mobile operators to optimize their network performance and quality, as well as operates as a mobile media and entertainment company. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. The company was incorporated in 1995 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, OTELLO CORPORATION has a trailing twelve months EPS of kr1.75.
PE Ratio
OTELLO CORPORATION has a trailing twelve months price to earnings ratio of 4.57. Meaning, the purchaser of the share is investing kr4.57 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.84%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 9, 2022, the estimated forward annual dividend rate is 21 and the estimated forward annual dividend yield is 255.47%.
Moving Average
OTELLO CORPORATION’s value is above its 50-day moving average of kr7.77 and below its 200-day moving average of kr8.06.
Yearly Top and Bottom Value
OTELLO CORPORATION’s stock is valued at kr8.00 at 22:10 EST, way below its 52-week high of kr32.00 and higher than its 52-week low of kr7.29.
Volume
Today’s last reported volume for OTELLO CORPORATION is 14000 which is 74.65% below its average volume of 55240.
More news about OTELLO CORPORATION.
2. HOLLAND COLOURS (HOLCO.AS)
86.66% Payout Ratio
Holland Colours N.V., together with its subsidiaries, manufactures, distributes, and sells color concentrates in Europe, the Middle East, India, Africa, the Americas, and Asia. The company offers colorants for the building and construction industry, including profiles, pipes, tubing and fittings, siding and cladding, decking, fencing, window blinds, and insulation, as well as solutions for a range of polymers. It also provides colorants for packaging applications comprising water, carbonated soft drinks, fruit juices, dairy, beer, wine, detergents, pharmaceutical, and personal care products. In addition, the company offers coatings, sealants, or adhesives; and colorants for other markets, such as shopping bags, polybags, mulch films, OPP tapes, PU flexible foams, synthetic leather, fiber glass and buttons, paving blocks, artificial stones, cast PMMA, PP non-woven and spunbond, coatings, flexible PVCs, prosthetics, glass fiber reinforced nylon, and silicone rubber and elastomers. It sells its products through a network of agents and distributors. The company was founded in 1979 and is headquartered in Apeldoorn, the Netherlands. Holland Colours N.V. is a subsidiary of Holland Pigments BV.
Earnings Per Share
As for profitability, HOLLAND COLOURS has a trailing twelve months EPS of €6.81.
PE Ratio
HOLLAND COLOURS has a trailing twelve months price to earnings ratio of 15.86. Meaning, the purchaser of the share is investing €15.86 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.07%.
More news about HOLLAND COLOURS.
3. DOCK.PETR.AMBES AM (DPAM.PA)
79.21% Payout Ratio
Les Docks des Pétroles d'Ambès -SA engages in the storage and shipping of petroleum products in France. It stores and distributes species, diesel, and combustibles, as well as bio, jet, technical, and marine fuel products. The company was founded in 1930 and is based in Carbon-Blanc, France.
Earnings Per Share
As for profitability, DOCK.PETR.AMBES AM has a trailing twelve months EPS of €43.21.
PE Ratio
DOCK.PETR.AMBES AM has a trailing twelve months price to earnings ratio of 11.11. Meaning, the purchaser of the share is investing €11.11 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.95%.
Yearly Top and Bottom Value
DOCK.PETR.AMBES AM’s stock is valued at €480.00 at 22:10 EST, under its 52-week high of €496.00 and way higher than its 52-week low of €428.00.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 22, 2022, the estimated forward annual dividend rate is 33 and the estimated forward annual dividend yield is 6.82%.
More news about DOCK.PETR.AMBES AM.
4. PATRIMOINE ET COMM (PAT.PA)
40.98% Payout Ratio
Patrimoine et Commerce SA, a real estate company, engages in the acquisition, development, and operation of commercial real estate properties in France. The company operates a portfolio of 31 real estate assets covering a total area of 129,280 square meters located in high-attraction areas in the suburbs or centers of medium-sized cities. Its property portfolio includes shopping malls, supermarkets, shops, and business parks. The company is based in Boulogne-Billancourt, France.
Earnings Per Share
As for profitability, PATRIMOINE ET COMM has a trailing twelve months EPS of €3.05.
PE Ratio
PATRIMOINE ET COMM has a trailing twelve months price to earnings ratio of 5.57. Meaning, the purchaser of the share is investing €5.57 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7%, now sitting on 47.9M for the twelve trailing months.
More news about PATRIMOINE ET COMM.
