LERØY SEAFOOD GP And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – FORFARMERS (FFARM.AS), GOLDEN OCEAN GROUP (GOGL.OL), CREDIT AGRICOLE (ACA.PA) are the highest payout ratio stocks on this list.

We have congregated information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. FORFARMERS (FFARM.AS)

126.67% Payout Ratio

ForFarmers N.V. provides feed solutions for conventional and organic livestock farming in the Netherlands, Belgium, Germany, Poland, and the United Kingdom. It offers compound feed and blends, feed for young animals and specialties, raw materials and coproducts, seeds, and fertilizers. The company was founded in 1896 and is headquartered in Lochem, the Netherlands.

Earnings Per Share

As for profitability, FORFARMERS has a trailing twelve months EPS of €0.148.

PE Ratio

FORFARMERS has a trailing twelve months price to earnings ratio of 21.96. Meaning, the purchaser of the share is investing €21.96 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 5.12%.

2. GOLDEN OCEAN GROUP (GOGL.OL)

102.62% Payout Ratio

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr-7.97.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.02%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 33.5%, now sitting on 1.11B for the twelve trailing months.

Sales Growth

GOLDEN OCEAN GROUP’s sales growth is negative 20.9% for the present quarter and 3.6% for the next.

Moving Average

GOLDEN OCEAN GROUP’s worth is way above its 50-day moving average of kr94.46 and higher than its 200-day moving average of kr98.95.

Yearly Top and Bottom Value

GOLDEN OCEAN GROUP’s stock is valued at kr107.80 at 11:10 EST, way under its 52-week high of kr156.55 and way higher than its 52-week low of kr78.50.

3. CREDIT AGRICOLE (ACA.PA)

63.64% Payout Ratio

Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking – LCL; and International Retail Banking. The company offers banking products and services, including savings and current accounts and deposits, finance, payments, and flow management services; consumer finance products; and banking and specialized financial services. It also provides wealth management services that allow individual customers to manage, protect, and transfer their assets, as well as other asset management services; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products. In addition, the company offers financing solutions for property and equipment investment and renewal requirements; trade receivable financing and management solutions for corporates; and financing services for renewable energy and public infrastructure projects, as well as leasing services. Further, it provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; and asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending and borrowing, custody, depositary bank, fund administration, middle-office outsourcing solutions, and fund distribution support and issuer services. The company serves retail customers, corporates, banks and financial institutions, government agencies, and local authorities. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boétie.

Earnings Per Share

As for profitability, CREDIT AGRICOLE has a trailing twelve months EPS of €0.8.

PE Ratio

CREDIT AGRICOLE has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing €14.34 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 8.25%.

Volume

Today’s last reported volume for CREDIT AGRICOLE is 863981 which is 87.84% below its average volume of 7105660.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8%, now sitting on 22.07B for the twelve trailing months.

Sales Growth

CREDIT AGRICOLE’s sales growth is negative 1.2% for the ongoing quarter and negative 5% for the next.

4. PLASTIC OMNIUM (POM.PA)

45.9% Payout Ratio

Compagnie Plastic Omnium SE engages in the manufacture and sale of exterior vehicle lighting systems, batteries, and electrification systems for electric mobility in Europe, North America, Asia, South America, and Africa. The company operates through Industries and Modules segments. Its Industries segment provides intelligent exterior systems; clean energy systems comprising internal combustion engines dedicated to energy storage system and emission reduction system, and on-board batteries, power electronics, and electrification systems for electric mobility of trucks, buses, coaches, trains, and construction machinery; new energies, such as hydrogen fuel cells and fuel tanks; and automotive lighting systems and varroc lighting systems. The company's Modules segment engages in the design, development, and assemble of modules. In addition, the company provides intelligent exterior systems, including bumpers, tailgates and spoilers, and body panels; onboard energy storage and emission reduction systems comprising selective catalytic reduction and fuel systems, and filling pipes; and hydrogen solutions, such as high-pressure hydrogen storage, fuel cell stack, and integrated hydrogen system. Further, it offers modules and personalization products, which include front-end module, active grille shutter, active rollo, and interior and charge lid modules; and lighting solutions, including interior, body shell, and front and signal lighting, as well as projection system and lighting electronics. The company was founded in 1946 and is headquartered in Levallois-Perret, France. Compagnie Plastic Omnium SE is a subsidiary of Burelle SA.

Earnings Per Share

As for profitability, PLASTIC OMNIUM has a trailing twelve months EPS of €-1.72.

5. LERØY SEAFOOD GP (LSG.OL)

43.1% Payout Ratio

Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready to eat and ready to cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.

Earnings Per Share

As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr1.33.

PE Ratio

LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 38.35. Meaning, the purchaser of the share is investing kr38.35 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 15.69%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 5.9% and 49.4%, respectively.

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