NEOEN And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – NEOEN (NEOEN.PA), J.MARTINS,SGPS (JMT.LS), 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 so far. The payout ratio in itself isn’t a promise 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. NEOEN (NEOEN.PA)

90.91% Payout Ratio

Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. The company operates solar, wind, and energy storage plants. It operates in Argentina, Australia, Croatia, Ecuador, United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France. Neoen S.A. is a subsidiary of Impala SAS.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.11.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 256.73. Meaning, the purchaser of the share is investing €256.73 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 2.78%.

Volume

Today’s last reported volume for NEOEN is 122878 which is 42.1% below its average volume of 212232.

Moving Average

NEOEN’s value is way below its 50-day moving average of €34.11 and way below its 200-day moving average of €37.44.

Yearly Top and Bottom Value

NEOEN’s stock is valued at €28.24 at 11:10 EST, way below its 52-week high of €45.22 and above its 52-week low of €25.72.

2. J.MARTINS,SGPS (JMT.LS)

88.48% Payout Ratio

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates 3,250 food stores under the Biedronka name; and a chain of 290 health and beauty stores under the Hebe banner in Poland, as well as 819 food stores under the Ara name in Colombia. The company also operates 460 supermarkets under the Pingo Doce banner; and 38 stores and 4 platforms under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar stores; and petrol stations and clothing under Code brand. Further, the company operates 20 kiosks and coffee shops under the Jeronymo name; and 21 chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €0.52.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 39.46. Meaning, the purchaser of the share is investing €39.46 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 24.27%.

Volume

Today’s last reported volume for J.MARTINS,SGPS is 368035 which is 45.72% below its average volume of 678089.

Earnings Before Interest, Taxes, Depreciation, and Amortization

J.MARTINS,SGPS’s EBITDA is 29.66.

Yearly Top and Bottom Value

J.MARTINS,SGPS’s stock is valued at €20.56 at 11:10 EST, way under its 52-week high of €23.30 and way above its 52-week low of €17.67.

Moving Average

J.MARTINS,SGPS’s worth is higher than its 50-day moving average of €20.17 and below its 200-day moving average of €20.64.

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 54.12. Meaning, the purchaser of the share is investing €54.12 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 45.26%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MELEXIS’s EBITDA is 4.94.

Volume

Today’s last reported volume for MELEXIS is 20412 which is 21.48% below its average volume of 25998.

Dividend Yield

According to 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 4.14%.

Moving Average

MELEXIS’s worth is higher than its 50-day moving average of €97.23 and way above its 200-day moving average of €81.45.

4. 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 €2.3.

PE Ratio

MERCK AND CO INC has a trailing twelve months price to earnings ratio of 43.82. Meaning, the purchaser of the share is investing €43.82 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 34.46%.

5. CORTICEIRA AMORIM (COR.LS)

46.88% Payout Ratio

Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and Insulation Cork segments. It offers cork raw materials; cork stoppers for sparkling wine, spirit, beer, and cider industries; and cork wall and floor coverings. The company also provides cork composite solutions to use in various applications, such as aerospace, mobility, energy, sealing, construction, sports surfaces, flooring, home, office and leisure goods, footwear, panels, and composites. In addition, it offers insulation cork materials to use in sustainable insulation/construction, and interior and exterior designing. The company was founded in 1870 and is headquartered in Mozelos, Portugal.

Earnings Per Share

As for profitability, CORTICEIRA AMORIM has a trailing twelve months EPS of €0.48.

PE Ratio

CORTICEIRA AMORIM has a trailing twelve months price to earnings ratio of 20.04. Meaning, the purchaser of the share is investing €20.04 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 16.44%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 19, 2022, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 3.03%.

6. PARETO BANK (PARB.OL)

45.4% Payout Ratio

Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PARETO BANK has a trailing twelve months EPS of kr5.99.

PE Ratio

PARETO BANK has a trailing twelve months price to earnings ratio of 9.1. Meaning, the purchaser of the share is investing kr9.1 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 13.81%.

Volume

Today’s last reported volume for PARETO BANK is 29805 which is 4.64% above its average volume of 28481.

Sales Growth

PARETO BANK’s sales growth for the current quarter is 15.9%.

Yearly Top and Bottom Value

PARETO BANK’s stock is valued at kr54.50 at 11:10 EST, way below its 52-week high of kr66.50 and way above its 52-week low of kr42.05.

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