(VIANEWS) – GOLDEN OCEAN GROUP (GOGL.OL), AKZO NOBEL (AKZA.AS), TIETOEVRY (TIETO.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. 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 worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr24.5.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 3.72. Meaning, the purchaser of the share is investing kr3.72 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 24.02%.
More news about GOLDEN OCEAN GROUP.
2. AKZO NOBEL (AKZA.AS)
96.12% Payout Ratio
Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings. The company also provides performance coatings that protect and enhance ships, cars, aircraft, yachts, architectural components, consumer goods, and oil and gas facilities. It offers its products primarily under AkzoNobel, Alabastine, Alba, Andercol, Apla, Armstead Trade, Astral, AwlGrip, Dulux, Bruguer, Cetabever, Cetol, Chemcraft, Colourland Paints, Coral, Cromadex, Cuprinol, Dynacoat, Flexa, Glitsa, Grip-Gard, Zweihorn, Xylazel, Xyladecor, Wanda, Vpowdertech, Vivechrom, U-tech, Trimetal, Titanlux, Taubmans, Sparlack, Sikkens, Savana, and Salcomix, as well as Sadolin, Resicoat, Relest, Procolor, Polyfilla, Polycell, Pinotex, Pintuco, Oxirite, Nordsjo, Molto, Modern Classikk, Maxilite, Mauvilac, Mason CT, Marshall, Laxol, Levis, Lesonal, Interpon, International, Interlux, Innenweis, Inca, Herbol, and Hammerite brands. The company was formerly known as Akzo NV and changed its name to Akzo Nobel N.V. in 1994. Akzo Nobel N.V. was founded in 1646 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, AKZO NOBEL has a trailing twelve months EPS of €2.06.
PE Ratio
AKZO NOBEL has a trailing twelve months price to earnings ratio of 37. Meaning, the purchaser of the share is investing €37 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 6.37%.
More news about AKZO NOBEL.
3. TIETOEVRY (TIETO.OL)
81.87% Payout Ratio
TietoEVRY Oyj operates as a software and services company. It operates through six segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, Tietoevry Transform, and Tietoevry Connect. The Tietoevry Create segment provides digital agenda to create competitive products, as well as uses design, data, and cloud technologies for data-driven businesses. This segment also offers software and data engineering services. The Tietoevry Banking segment provides software products for digital transformation and financial institutions. The Tietoevry Care segment offers modular and interoperable software, reinventing Nordic health, and social care services. The Tietoevry Industry segment offers software and data solutions across various industries, such as public sector, pulp and paper, and utilities. The Tietoevry Transform segment provides enterprise-wide transformation across customers' business processes, applications and infrastructure. The Tietoevry Connect segment operates a cloud platform that provides a range of infrastructure choices ensuring security, resilience, and compliance for the customer's business. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019. TietoEVRY Oyj was founded in 1968 and is headquartered in Espoo, Finland.
Earnings Per Share
As for profitability, TIETOEVRY has a trailing twelve months EPS of kr20.32.
PE Ratio
TIETOEVRY has a trailing twelve months price to earnings ratio of 15.11. Meaning, the purchaser of the share is investing kr15.11 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 12.07%.
Yearly Top and Bottom Value
TIETOEVRY’s stock is valued at kr307.00 at 22:10 EST, way below its 52-week high of kr350.00 and way above its 52-week low of kr219.20.
More news about TIETOEVRY.
4. KBC (KBC.BR)
61.92% Payout Ratio
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, KBC has a trailing twelve months EPS of €6.48.
PE Ratio
KBC has a trailing twelve months price to earnings ratio of 8.95. Meaning, the purchaser of the share is investing €8.95 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 12.5%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 29.9% and 1.6%, respectively.
Yearly Top and Bottom Value
KBC’s stock is valued at €57.98 at 22:10 EST, way under its 52-week high of €72.46 and way above its 52-week low of €45.53.
More news about KBC.
5. MEDISTIM (MEDI.OL)
59.15% Payout Ratio
Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, MEDISTIM has a trailing twelve months EPS of kr6.29.
PE Ratio
MEDISTIM has a trailing twelve months price to earnings ratio of 45.79. Meaning, the purchaser of the share is investing kr45.79 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 31.89%.
Yearly Top and Bottom Value
MEDISTIM’s stock is valued at kr288.00 at 22:10 EST, way below its 52-week high of kr330.00 and way higher than its 52-week low of kr184.80.
More news about MEDISTIM.
6. S.E.B. (SK.PA)
42.91% Payout Ratio
SEB SA designs, manufactures, and markets small household appliances worldwide. It provides electrical cooking, food preparation, and beverage preparation products, including electrical cooking products comprising deep fryers, rice cookers, electric pressure cookers, informal meal appliances, waffle makers, grills, toasters, multicookers, coffee makers, espresso machines, electric kettles, home beer-taps, soy-milk makers, blenders, cooking food processors, kitchen machines, mixers, beaters, etc. The company also offers linen, home, and personal care products, such as irons and steam generators, garment steamers, canister vacuum cleaners with or without dust bag, steam and upright vacuum cleaners, vacuum weepers, versatile vacuums, robots, fans, heaters, air treatment appliances, hair care appliances, depilators, electrical beard trimmers, hair clippers, and bathroom scales. In addition, it provides cookware products, such as frying pans, saucepans pots, pressure cookers, bakeware, kitchen utensils, food storage containers, vacuum flasks, thermo mugs, cutlery, and other products. Further, the company offers hotel equipment, crepe and waffle makers, planchas, and grills for professionals. It provides its products under various brands that primarily include Calor, Rowenta, Moulinex, Seb, Tefal, Krups, Lagostina, WMF, Schaerer, Wilbur Curtis, Hepp, Krampouz, Arno, Supor, Imusa, All-Clad, and Silit. The company was founded in 1857 and is headquartered in Écully, France.
Earnings Per Share
As for profitability, S.E.B. has a trailing twelve months EPS of €5.71.
PE Ratio
S.E.B. has a trailing twelve months price to earnings ratio of 18.14. Meaning, the purchaser of the share is investing €18.14 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 10.93%.
Yearly Top and Bottom Value
S.E.B.’s stock is valued at €103.60 at 22:10 EST, under its 52-week high of €109.90 and way higher than its 52-week low of €55.20.
Sales Growth
S.E.B.’s sales growth is 24.2% for the present quarter and 2.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.5%, now sitting on 7.96B for the twelve trailing months.
More news about S.E.B..
