LECTRA And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SCATEC (SCATC.OL), JÆREN SPAREBANK (JAREN.OL), LECTRA (LSS.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 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. SCATEC (SCATC.OL)

923.81% Payout Ratio

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SCATEC has a trailing twelve months EPS of kr-1.11.

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 -0.35%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 3.27B for the twelve trailing months.

Yearly Top and Bottom Value

SCATEC’s stock is valued at kr81.60 at 01:10 EST, below its 52-week high of kr89.34 and way above its 52-week low of kr52.50.

More news about SCATEC.

2. JÆREN SPAREBANK (JAREN.OL)

54.59% Payout Ratio

Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.

Earnings Per Share

As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr22.91.

PE Ratio

JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing kr11.17 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 9.83%.

Yearly Top and Bottom Value

JÆREN SPAREBANK’s stock is valued at kr256.00 at 01:10 EST, below its 52-week high of kr270.00 and way above its 52-week low of kr228.00.

More news about JÆREN SPAREBANK.

3. LECTRA (LSS.PA)

52.75% Payout Ratio

Lectra SA provides industrial intelligence solutions for fashion, automotive, and furniture markets. The company's solutions include software, automated cutting equipment, data, and related services, which enable customers to automate and optimize product design, development, and manufacture of garments, car seats and interiors, airbags, and sofas, as well as to digitalize their processes. It also offers technical maintenance, support, training, and consulting services; and sells consumables and parts. The company operates in Europe, the Americas, the Asia-Pacific, and internationally. Lectra SA was incorporated in 1973 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, LECTRA has a trailing twelve months EPS of €0.91.

PE Ratio

LECTRA has a trailing twelve months price to earnings ratio of 34.51. Meaning, the purchaser of the share is investing €34.51 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 7.4%.

Volume

Today’s last reported volume for LECTRA is 934 which is 94.56% below its average volume of 17185.

More news about LECTRA.

4. VALEO (FR.PA)

37.23% Payout Ratio

Valeo SE designs, produces, and sells components, systems, and services for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. It offers parking and driving assistance products, such as ultrasonic sensors, radars, and cameras to detect obstacles around vehicles; intuitive control products; and a range of connectivity solutions from short-range to long-range connectivity, as well as develops systems that enable the integration of applications, such as car sharing services and remote parking systems. The company also provides powertrain systems, including electric powertrain systems for electric cars; torque converters, dual dry and wet clutches, and actuators that enable the automation of transmissions to reduce fuel consumption and enhance driving comfort; and clean engines for vehicles. In addition, it designs and manufactures systems, modules, and components to optimize thermal management of vehicles and passenger comfort in the cabin, including heating ventilation and air conditioning systems. Further, the company designs and produces lighting and wiper systems for drivers in various weather conditions. Additionally, it offers original equipment spares to auto manufacturers; and replacement parts and accessories to independent aftermarket for passenger cars and commercial vehicles. The company was incorporated in 1923 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, VALEO has a trailing twelve months EPS of €0.94.

PE Ratio

VALEO has a trailing twelve months price to earnings ratio of 14.77. Meaning, the purchaser of the share is investing €14.77 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 10.55%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 3.14%.

Moving Average

VALEO’s value is way below its 50-day moving average of €15.94 and way below its 200-day moving average of €18.56.

Volume

Today’s last reported volume for VALEO is 148910 which is 91.63% below its average volume of 1780060.

Yearly Top and Bottom Value

VALEO’s stock is valued at €13.89 at 01:10 EST, way below its 52-week high of €22.23 and way higher than its 52-week low of €11.53.

More news about VALEO.

5. LISI (FII.PA)

32.58% Payout Ratio

Lisi S.A. provides assembly and component solutions for the aerospace, automotive, and medical industries in France and internationally. It operates through three divisions: LISI Aerospace, LISI Automotive, and LISI Medical. The company provides titanium nuts, lightning strike protection, safety locks, and fuse pins; compressor blade and strut for the LEAP engine; LEAP engines composite fan blade leading edge; air intake lipskin for the airbus; power transmission semi-machined gears; stator vanes; and satellite antenna brackets for airplanes and helicopters. It also offers guide pins and electric parking brakes; braking systems and direct engine injections; screws and nuts; belt and seat mechanism products; special parts for motors and safety systems; clips for interior and exterior trim; assembly reduction and optimization solutions; and cable ducts. In addition, the company provides assembly solutions, battery fastening systems, complex power transmission parts, and other automotive standard fasteners; clipped fastening systems for interior and exterior cladding, fasteners for tubes and cables, as well as solutions for weight reduction and optimizing assemblies; and covers components for braking, fluid management, and seat adjustment and interior safety systems. Further, it is involved in the designing and modeling, prototypes, pre-series, materials, process validation, and replenishment of inventories; offers shoulders, reconstruction implants solutions for hips, knees, extremities, and instruments; blades, scissors, staplers, and pliers for surgery; and spinal and trauma implants, such as connectors, screws, cages, plates, and prostheses medical devices for treating trauma and osteosynthesis. The company was formerly known as GFI Industries and changed its name to LISI S.A. in 2002. The company was founded in 1777 and is headquartered in Belfort, France. Lisi S.A. operates as a subsidiary of Compagnie Industrielle De Delle S.A.

Earnings Per Share

As for profitability, LISI has a trailing twelve months EPS of €0.89.

PE Ratio

LISI has a trailing twelve months price to earnings ratio of 26.69. Meaning, the purchaser of the share is investing €26.69 for every euro of annual earnings.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 17, 2023, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 0.72%.

Moving Average

LISI’s worth is above its 50-day moving average of €21.73 and above its 200-day moving average of €23.44.

Volume

Today’s last reported volume for LISI is 4947 which is 61.55% below its average volume of 12869.

Yearly Top and Bottom Value

LISI’s stock is valued at €23.75 at 01:10 EST, way below its 52-week high of €27.00 and way above its 52-week low of €18.46.

More news about LISI.

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.

More news about 1.

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