(VIANEWS) – MAGNORA (MGN.OL), ORANGE (ORA.PA), CARREFOUR (CA.PA) 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 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. MAGNORA (MGN.OL)
116.55% Payout Ratio
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr0.48.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 50. Meaning, the purchaser of the share is investing kr50 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 3.91%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 13, 2024, the estimated forward annual dividend rate is 8.37 and the estimated forward annual dividend yield is 34.89%.
More news about MAGNORA.
2. ORANGE (ORA.PA)
93.51% Payout Ratio
Orange S.A. provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments. It offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as B2B fixed solutions and networks services, including voice and data services. The company also sells mobile handsets, broadband equipment, connected devices, and accessories. In addition, it provides IT and integration services comprising unified communication and collaboration services, such as LAN and telephony, consultancy, integration, and project management; hosting and infrastructure services, including cloud computing; customer relations management and other applications services; security services; and video conferencing, as well as sells related equipment. Further, the company offers national and international roaming services; online advertising services; and mobile virtual network operators, network sharing, and mobile financial services, as well as sells equipment to external distributors, brokers, and operators. It markets its products and services under the Orange brand. The company was formerly known as France Telecom and changed its name to Orange S.A. in July 2013. Orange S.A. is headquartered in Issy-les-Moulineaux, France.
Earnings Per Share
As for profitability, ORANGE has a trailing twelve months EPS of €0.85.
PE Ratio
ORANGE has a trailing twelve months price to earnings ratio of 12.81. Meaning, the purchaser of the share is investing €12.81 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 7.89%.
Volume
Today’s last reported volume for ORANGE is 5348630 which is 11.43% above its average volume of 4799580.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 3, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 7.01%.
More news about ORANGE.
3. CARREFOUR (CA.PA)
74.36% Payout Ratio
Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations. It is also involved in banking, insurance, property development, and franchise activities; the provision of travel agency services; and the rental of shopping malls. The company was founded in 1959 and is based in Massy, France.
Earnings Per Share
As for profitability, CARREFOUR has a trailing twelve months EPS of €1.29.
PE Ratio
CARREFOUR has a trailing twelve months price to earnings ratio of 12.31. Meaning, the purchaser of the share is investing €12.31 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 6.5%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 28, 2024, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 6.1%.
More news about CARREFOUR.
4. HAFNIA LIMITED (HAFNI.OL)
66.88% Payout Ratio
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr16.33.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 5.2. Meaning, the purchaser of the share is investing kr5.2 for every norwegian krone of annual earnings.
Sales Growth
HAFNIA LIMITED’s sales growth is 1138.7% for the present quarter and 1150.7% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 2, 2024, the estimated forward annual dividend rate is 14.46 and the estimated forward annual dividend yield is 17.39%.
More news about HAFNIA LIMITED.
5. EDP RENOVAVEIS (EDPR.LS)
47.25% Payout Ratio
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. is a subsidiary of EDP – Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.43.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 33.47. Meaning, the purchaser of the share is investing €33.47 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 4.65%.
Volume
Today’s last reported volume for EDP RENOVAVEIS is 357378 which is 50.2% below its average volume of 717644.
Moving Average
EDP RENOVAVEIS’s value is higher than its 50-day moving average of €13.90 and below its 200-day moving average of €14.40.
Yearly Top and Bottom Value
EDP RENOVAVEIS’s stock is valued at €14.39 at 22:10 EST, way below its 52-week high of €18.44 and way higher than its 52-week low of €11.72.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 300% and a drop 54.1% for the next.
More news about EDP RENOVAVEIS.
6. GREENYARD (GREEN.BR)
35.71% Payout Ratio
Greenyard NV, together with its subsidiaries, supplies fresh, frozen, and prepared fruit and vegetables, flowers, and plants in Germany, the Netherlands, Belgium, the United Kingdom, France, the rest of Europe, and internationally. The company operates through Fresh and Long Fresh segments. The Fresh segment markets and supplies fresh fruit and vegetables, flowers and plants, and fresh produce logistics. Its Long Fresh segment processes freshly harvested fruits and vegetables into frozen food products; and offers freshly preserved fruit, vegetables, and other ambient food products, as well as ready-made products, such as soups, sauces, dips, and pasta dishes. The company was formerly known as Greenyard Foods NV and changed its name to Greenyard NV in September 2016. Greenyard NV was founded in 1965 and is based in Sint-Katelijne-Waver, Belgium.
Earnings Per Share
As for profitability, GREENYARD has a trailing twelve months EPS of €0.28.
PE Ratio
GREENYARD has a trailing twelve months price to earnings ratio of 22.71. Meaning, the purchaser of the share is investing €22.71 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 3.12%.
Yearly Top and Bottom Value
GREENYARD’s stock is valued at €6.36 at 22:10 EST, under its 52-week high of €6.65 and way above its 52-week low of €5.00.
Sales Growth
GREENYARD’s sales growth for the current quarter is 2.3%.
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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%.
More news about 1.
