(VIANEWS) – TGS (TGS.OL), MERCK AND CO INC (MRK.PA), VOSS VEKSEL OGLAND (VVL.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 to 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 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. TGS (TGS.OL)
76.63% Payout Ratio
TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include depth and time imaging; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, TGS has a trailing twelve months EPS of kr7.77.
PE Ratio
TGS has a trailing twelve months price to earnings ratio of 20.1. Meaning, the purchaser of the share is investing kr20.1 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 7.35%.
Moving Average
TGS’s worth is way below its 50-day moving average of kr183.08 and higher than its 200-day moving average of kr152.78.
Sales Growth
TGS’s sales growth for the current quarter is 146.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
TGS’s EBITDA is 100.26.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 5.84 and the estimated forward annual dividend yield is 3.28%.
More news about TGS.
2. MERCK AND CO INC (MRK.PA)
49.04% Payout Ratio
Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. The company serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. It has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics LP; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV. Merck & Co., Inc. was founded in 1891 and is headquartered in Rahway, New Jersey.
Earnings Per Share
As for profitability, MERCK AND CO INC has a trailing twelve months EPS of €4.69.
PE Ratio
MERCK AND CO INC has a trailing twelve months price to earnings ratio of 22.6. Meaning, the purchaser of the share is investing €22.6 for every euro of annual earnings.
Moving Average
MERCK AND CO INC’s value is higher than its 50-day moving average of €101.43 and above its 200-day moving average of €97.53.
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3. VOSS VEKSEL OGLAND (VVL.OL)
45.23% Payout Ratio
Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.
Earnings Per Share
As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr23.4.
PE Ratio
VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 10.17. Meaning, the purchaser of the share is investing kr10.17 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 8.24%.
Moving Average
VOSS VEKSEL OGLAND’s value is above its 50-day moving average of kr225.52 and above its 200-day moving average of kr222.25.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 67.1% and 24.1%, respectively.
Volume
Today’s last reported volume for VOSS VEKSEL OGLAND is 222 which is 46.11% below its average volume of 412.
More news about VOSS VEKSEL OGLAND.
4. CRH PLC ord (CRG.IR)
35.06% Payout Ratio
CRH plc, through its subsidiaries, manufactures and distributes building materials in Ireland and internationally. It operates through three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, kerbs, retaining walls, and related patio products; It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as engineered anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications. In addition, the company offers network access products, which include composite access chambers, covers, passive safety systems, retention sockets, sealants, and meter boxes; and paving and construction services. Further, it provides building and civil engineering contracting, contract surfacing, operates logistics and owned railway infrastructure; sells and distributes cement; and supplies access chambers and ducting products. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, CRH PLC ord has a trailing twelve months EPS of €3.21.
PE Ratio
CRH PLC ord has a trailing twelve months price to earnings ratio of 14.12. Meaning, the purchaser of the share is investing €14.12 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 12.41%.
More news about CRH PLC ord.
