(VIANEWS) – IRISH CONT. GP. (IR5B.IR), MULTICONSULT (MULTI.OL), CAIRN HOMES PLC (C5H.IR) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio so far. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here are a few stocks with an above 30% percent payout ratio.
1. IRISH CONT. GP. (IR5B.IR)
73.77% Payout Ratio
Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment engages in the provision of passenger and roll on roll off freight shipping, and container lift on lift off (LoLo) freight services on routes between Ireland, Britain, and Continental Europe. The Container and Terminal segment provides door-to-door and feeder LoLo freight services, stevedoring, and other related terminal services, as well as operates container terminals in the ports of Dublin and Belfast. The company also provides container shipping, ship leasing, administration, and container handling services. In addition, it operates ferry; and act as a shipping and forwarding agency. The company was founded in 1972 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, IRISH CONT. GP. has a trailing twelve months EPS of €0.35.
PE Ratio
IRISH CONT. GP. has a trailing twelve months price to earnings ratio of 13.34. Meaning, the purchaser of the share is investing €13.34 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 8.57%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 3.19%.
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2. MULTICONSULT (MULTI.OL)
54.25% Payout Ratio
Multiconsult ASA provides engineering design, consultancy, and architecture services in Norway and internationally. The company offers multidisciplinary consultancy, design, planning, project supervision and management, geotechnical site survey, verification and control, analysis and due diligence, construction management, geological investigations, environmental services and HSE, river basin management, hydrometry, and hydrological field work services. It serves buildings and properties, cities and society, industry, oil and gas, renewable energy, rail and transportation, and water and environment sectors. Multiconsult ASA was founded in 1908 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, MULTICONSULT has a trailing twelve months EPS of kr11.14.
PE Ratio
MULTICONSULT has a trailing twelve months price to earnings ratio of 13.33. Meaning, the purchaser of the share is investing kr13.33 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 32.89%.
Yearly Top and Bottom Value
MULTICONSULT’s stock is valued at kr148.50 at 17:10 EST, below its 52-week high of kr159.50 and way above its 52-week low of kr114.80.
Moving Average
MULTICONSULT’s value is higher than its 50-day moving average of kr144.59 and above its 200-day moving average of kr136.26.
Sales Growth
MULTICONSULT’s sales growth is negative 2% for the ongoing quarter and 5.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 10.1% and positive 0.9% for the next.
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3. CAIRN HOMES PLC (C5H.IR)
50.88% Payout Ratio
Cairn Homes plc operates as a homebuilder in Ireland. It is involved in the development and sale of residential properties, as well as rental of properties. The company was incorporated in 2014 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, CAIRN HOMES PLC has a trailing twelve months EPS of €0.12.
PE Ratio
CAIRN HOMES PLC has a trailing twelve months price to earnings ratio of 8.45. Meaning, the purchaser of the share is investing €8.45 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 10.59%.
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4. HAFNIA LIMITED (HAFNI.OL)
31.64% Payout Ratio
Hafnia Limited owns and operates oil product tankers. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, Chemical-Handy, and Chemical-MR segments. The company transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It provides ship owning, ship-management, chartering, investment, and agency office services. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr15.76.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 3.37. Meaning, the purchaser of the share is investing kr3.37 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 48.16%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 135.4%, now sitting on 1.83B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 3, 2023, the estimated forward annual dividend rate is 13.47 and the estimated forward annual dividend yield is 25.11%.
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