(VIANEWS) – OTELLO CORPORATION (OTEC.OL), IMMOBEL (IMMO.BR), EDP (EDP.LS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. 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. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. Otello Corporation ASA 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 kr1.83.
PE Ratio
OTELLO CORPORATION has a trailing twelve months price to earnings ratio of 4.35. Meaning, the purchaser of the share is investing kr4.35 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%.
Yearly Top and Bottom Value
OTELLO CORPORATION’s stock is valued at kr7.96 at 07:10 EST, way below its 52-week high of kr32.00 and above its 52-week low of kr7.29.
Volume
Today’s last reported volume for OTELLO CORPORATION is 4031 which is 67.47% below its average volume of 12395.
Moving Average
OTELLO CORPORATION’s worth is above its 50-day moving average of kr7.80 and way below its 200-day moving average of kr9.03.
Dividend Yield
As stated 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 280%.
More news about OTELLO CORPORATION.
2. IMMOBEL (IMMO.BR)
283.72% Payout Ratio
Immobel SA engages in the real estate development business in Belgium, Luxemburg, France, Germany, Poland, and Spain. The company undertakes office, residential, and retail projects, as well as develops real estate projects for living, working, and recreational activities. It also provides project management and leasing services. The company was formerly known as Allfin NV and changed its name to Immobel SA in June 2016. The company was incorporated in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, IMMOBEL has a trailing twelve months EPS of €1.07.
PE Ratio
IMMOBEL has a trailing twelve months price to earnings ratio of 42.01. Meaning, the purchaser of the share is investing €42.01 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 1.79%.
Volume
Today’s last reported volume for IMMOBEL is 730 which is 74.2% below its average volume of 2830.
Sales Growth
IMMOBEL’s sales growth for the current quarter is 120.2%.
Yearly Top and Bottom Value
IMMOBEL’s stock is valued at €44.95 at 07:10 EST, way below its 52-week high of €67.60 and way above its 52-week low of €39.00.
Moving Average
IMMOBEL’s worth is under its 50-day moving average of €48.15 and under its 200-day moving average of €49.42.
More news about IMMOBEL.
3. EDP (EDP.LS)
119.78% Payout Ratio
EDP – Energias de Portugal, S.A. engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments. The company primarily generates and sells electricity through hydro, CCGT, coal, wind, solar, nuclear, and cogeneration and waste sources. It has an installed capacity of 28 GW; and operates 380,788 kilometers of distribution network lines. The company is also involved in the supply of natural gas. In addition, it offers engineering, laboratory tests, professional training, and energy services, as well as property management services. The company's electricity and gas customers include domestic, industrial, commercial, agricultural, and others. EDP – Energias de Portugal, S.A. was incorporated in 1976 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, EDP has a trailing twelve months EPS of €0.17.
PE Ratio
EDP has a trailing twelve months price to earnings ratio of 28.27. Meaning, the purchaser of the share is investing €28.27 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 10.6%.
Moving Average
EDP’s value is higher than its 50-day moving average of €4.72 and above its 200-day moving average of €4.67.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45%, now sitting on 20.83B for the twelve trailing months.
More news about EDP.
4. GRAM CAR CARRIERS (GCC.OL)
35.31% Payout Ratio
Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party. The company was founded in 2006 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, GRAM CAR CARRIERS has a trailing twelve months EPS of kr13.06.
PE Ratio
GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 13.22. Meaning, the purchaser of the share is investing kr13.22 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 14.8%.
Yearly Top and Bottom Value
GRAM CAR CARRIERS’s stock is valued at kr172.60 at 07:10 EST, way under its 52-week high of kr206.00 and way above its 52-week low of kr80.01.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 3, 2023, the estimated forward annual dividend rate is 4.19 and the estimated forward annual dividend yield is 2.39%.
Sales Growth
GRAM CAR CARRIERS’s sales growth is negative 82.7% for the present quarter and negative 83.6% for the next.
Moving Average
GRAM CAR CARRIERS’s value is way higher than its 50-day moving average of kr153.45 and way higher than its 200-day moving average of kr146.55.
More news about GRAM CAR CARRIERS.
5. ALTRI SGPS (ALTR.LS)
32.88% Payout Ratio
Altri, SGPS, S.A. produces and sells cellulosic fibers and energy in Portugal and internationally. The company produces pulp products for various application including production of paper, tissue, and printing and writing papers; and dissolving pulp for use of textile production. It is also involved timber commercialization; forest management; production of forest-based renewable energy, such as industrial cogeneration from black liquor and biomass; real estate activities; and production of plants in nurseries, as well as the provision of services related with forests and landscapes. The company was incorporated in 2005 and is headquartered in Porto, Portugal.
Earnings Per Share
As for profitability, ALTRI SGPS has a trailing twelve months EPS of €0.74.
PE Ratio
ALTRI SGPS has a trailing twelve months price to earnings ratio of 6.82. Meaning, the purchaser of the share is investing €6.82 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 24.22%.
More news about ALTRI SGPS.
6. REMY COINTREAU (RCO.PA)
31.73% Payout Ratio
Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands. The company operates in Europe, the Middle East, Africa, the Americas, Asia, Australia, and New Zealand. Rémy Cointreau SA was founded in 1724 and is headquartered in Cognac, France.
Earnings Per Share
As for profitability, REMY COINTREAU has a trailing twelve months EPS of €6.06.
PE Ratio
REMY COINTREAU has a trailing twelve months price to earnings ratio of 25.73. Meaning, the purchaser of the share is investing €25.73 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 18.16%.
More news about REMY COINTREAU.
