(VIANEWS) – WEBSTEP (WSTEP.OL), TINC (TINC.BR), MELEXIS (MELE.BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 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. WEBSTEP (WSTEP.OL)
106.92% Payout Ratio
Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.38.
PE Ratio
WEBSTEP has a trailing twelve months price to earnings ratio of 19.83. Meaning, the purchaser of the share is investing kr19.83 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 11.66%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 860.81M for the twelve trailing months.
2. TINC (TINC.BR)
75.36% Payout Ratio
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Earnings Per Share
As for profitability, TINC has a trailing twelve months EPS of €0.5.
PE Ratio
TINC has a trailing twelve months price to earnings ratio of 24.62. Meaning, the purchaser of the share is investing €24.62 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 5.42%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 24, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.39%.
Volume
Today’s last reported volume for TINC is 3918 which is 71.85% below its average volume of 13920.
Moving Average
TINC’s value is under its 50-day moving average of €12.53 and under its 200-day moving average of €12.84.
3. MELEXIS (MELE.BR)
53.28% Payout Ratio
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN/CAN system basis, NFC/RFID, radio-frequency receiver and transmitter, and switch controller ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €1.89.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 54.86. Meaning, the purchaser of the share is investing €54.86 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 45.26%.
Moving Average
MELEXIS’s value is way above its 50-day moving average of €92.91 and way above its 200-day moving average of €80.24.
Volume
Today’s last reported volume for MELEXIS is 6060 which is 77.15% below its average volume of 26529.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 4.77.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 4.39%.
4. DASSAULT AVIATION (AM.PA)
31.16% Payout Ratio
Dassault Aviation Société anonyme designs and builds military aircraft, business jets, and space systems in France, the Americas, and internationally. It offers Rafale, a multirole fighter aircraft; nEUROn, an unmanned combat air vehicle; and Falcon aircraft for maritime surveillance, intelligence, and medical evacuation missions. The company operates a fleet of 2,100 Falcon jets and 1,000 fighter aircraft. In addition, it provides aviation maintenance and training services; repairs and maintains landing gears and flight controls; overhauls and repairs civil aviation equipment; leases and manages Falcon aircraft as part of public passenger transport activity; and designs, produces, and distributes simulation tools. The company was founded in 1916 and is headquartered in Paris, France. Dassault Aviation Société anonyme is a subsidiary of Groupe Industriel Marcel Dassault S.A.
Earnings Per Share
As for profitability, DASSAULT AVIATION has a trailing twelve months EPS of €8.
PE Ratio
DASSAULT AVIATION has a trailing twelve months price to earnings ratio of 20.12. Meaning, the purchaser of the share is investing €20.12 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 12.59%.
