KONGSBERG GRUPPEN And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ALTRI SGPS (ALTR.LS), COVIVIO (COV.PA), KONGSBERG GRUPPEN (KOG.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 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 distribute 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. ALTRI SGPS (ALTR.LS)

80.65% 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 €0.21.

PE Ratio

ALTRI SGPS has a trailing twelve months price to earnings ratio of 24.67. Meaning, the purchaser of the share is investing €24.67 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 12.9%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 16, 2023, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 5.26%.

Yearly Top and Bottom Value

ALTRI SGPS’s stock is valued at €5.18 at 22:10 EST, above its 52-week high of €4.90.

More news about ALTRI SGPS.

2. COVIVIO (COV.PA)

57.08% Payout Ratio

Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today's user experience and designing tomorrow's city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €23.1 bn in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance. Build sustainable relationships and well-being, is the Covivio's Purpose who expresses its role as a responsible real estate operator to all its stakeholders: customers, shareholders and financial partners, internal teams, local authorities but also to future generations and the planet. Furthermore, its living, dynamic approach opens up exciting project and career prospects for its teams. Covivio's shares are listed in the Euronext Paris A compartment (FR0000064578 – COV), are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF “SIIC France” and CAC Mid100 indices, in the “EPRA” and “GPR 250” benchmark European real estate indices, and in the ESG FTSE4 Good, CAC SBT 1.5°C, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Euronext CDP Environment France EW, ISS ESG, Ethibel and Gaïa ethical indices and also holds the following awards and ratings: CDP (A), GRESB (90/100, 5-Star, 100% public disclosure), Vigeo-Eiris (A1+), ISS-ESG (B-) and MSCI (AAA).

Earnings Per Share

As for profitability, COVIVIO has a trailing twelve months EPS of €-14.55.

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 -14.61%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 7.59%.

More news about COVIVIO.

3. KONGSBERG GRUPPEN (KOG.OL)

56.93% Payout Ratio

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr21.05.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 36.22. Meaning, the purchaser of the share is investing kr36.22 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 24.6%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.4%, now sitting on 40.62B for the twelve trailing months.

Yearly Top and Bottom Value

KONGSBERG GRUPPEN’s stock is valued at kr762.50 at 22:10 EST, under its 52-week high of kr785.00 and way above its 52-week low of kr426.00.

Volume

Today’s last reported volume for KONGSBERG GRUPPEN is 77579 which is 64.68% below its average volume of 219682.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 41.3% and 29.2%, respectively.

More news about KONGSBERG GRUPPEN.

4. BYGGMA (BMA.OL)

31.45% Payout Ratio

Byggma ASA manufactures and supplies building materials in Norway, Sweden, Denmark, Finland, the United Kingdom, the Netherlands, and internationally. It offers pre-painted ceilings and wall panels under the Huntonit brand name; I-beams for use in ceilings, walls, and floors for wood-based buildings under the brand name of Masonite; and particle boards, boards, and structural panels for use in buildings, interior ceilings, and wall panels under the Forestia brand name. The company also provides doors and windows for new buildings, extensions, and rehabilitation under the brand name of Uldal; a range of decorative home and lighting products, and lampshades under the Aneta brand name; and develops, manufactures, and distributes MDF panels for walls, ceilings, bathrooms, and kitchens under the brand name of Smartpanel, as well as supplies chipboard, OSB, and plywood boards. It exports its products. Byggma ASA was incorporated in 1997 and is headquartered in Vennesla, Norway. Byggma ASA operates as a subsidiary of Investor As.

Earnings Per Share

As for profitability, BYGGMA has a trailing twelve months EPS of kr2.05.

PE Ratio

BYGGMA has a trailing twelve months price to earnings ratio of 8.85. Meaning, the purchaser of the share is investing kr8.85 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 28.78%.

Volume

Today’s last reported volume for BYGGMA is 18 which is 99.31% below its average volume of 2638.

Yearly Top and Bottom Value

BYGGMA’s stock is valued at kr18.15 at 22:10 EST, way under its 52-week low of kr22.30.

Earnings Before Interest, Taxes, Depreciation, and Amortization

BYGGMA’s EBITDA is 31.03.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.1%, now sitting on 2.46B for the twelve trailing months.

More news about BYGGMA.

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

More news about 1.

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