NOKIA And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – NOKIA (NOKIA.PA), MELHUS SPAREBANK (MELG.OL), SAINT GOBAIN (SGO.PA) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. NOKIA (NOKIA.PA)

91.67% Payout Ratio

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks and microwave radio links for transport networks, and solutions for network management, as well as network planning, optimization, network deployment, and technical support services. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, Wi-Fi in-home solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, business, mobile, cloud, and digital industry applications, as well as software-defined WAN solutions; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro, regional, long-haul and ultra-long-haul applications; and submarine networks. In addition, it offers cloud and network services, including core network solutions, such as voice and packet core; business applications, which covers security, automation, and monetization; cloud and cognitive services; and enterprise solutions covering private wireless and industrial automation. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital developer, partner, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

Earnings Per Share

As for profitability, NOKIA has a trailing twelve months EPS of €0.12.

PE Ratio

NOKIA has a trailing twelve months price to earnings ratio of 27.7. Meaning, the purchaser of the share is investing €27.7 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 3.2%.

Volume

Today’s last reported volume for NOKIA is 30433 which is 83.72% below its average volume of 186983.

Revenue Growth

Year-on-year quarterly revenue growth declined by 23.4%, now sitting on 22.26B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jan 29, 2024, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 3.61%.

More news about NOKIA.

2. MELHUS SPAREBANK (MELG.OL)

64.25% Payout Ratio

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr17.12.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.64. Meaning, the purchaser of the share is investing kr9.64 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 10.52%.

Volume

Today’s last reported volume for MELHUS SPAREBANK is 50 which is 78.99% below its average volume of 238.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 6.79%.

Yearly Top and Bottom Value

MELHUS SPAREBANK’s stock is valued at kr165.00 at 16:10 EST, below its 52-week high of kr177.00 and above its 52-week low of kr154.00.

More news about MELHUS SPAREBANK.

3. SAINT GOBAIN (SGO.PA)

37.66% Payout Ratio

Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe – Middle East (ME) & Africa; Americas; and Asia-Pacific. The company offers glazing solutions for buildings and vehicles under the Saint-Gobain, GlassSolutions, Vetrotech, and SageGlass brands; plaster-based products for construction and renovation markets under the Placo, Rigips, and Gyproc brands; ceilings under the Ecophon, CertainTeed, Eurocoustic, Sonex, and Vinh Tuong brands; and insulation solutions for a range of applications, such as construction, engine compartments, vehicle interiors, household appliances, and photovoltaic panels under the Isover, CertainTeed, and Izocam brands. It also provides mortars and construction chemicals under the Weber, Chryso, and GCP brands; exterior products comprising asphalt and composite shingles, solar roofing solutions, roll roofing systems, and accessories under the CertainTeed and Brasilit brands; and pipes under the PAM brand, as well as abrasives, adhesives, sealants, tapes, composites, and films. In addition, the company provides interior and exterior systems for construction and housing sectors; ceramics under the SEFPRO brand; polymer shakes and shingle, and insulation cladding solutions; and barriers, terraces, and balustrades. Further, it distributes heavy building materials; plumbing, heating, ventilation, and sanitaryware products; timber and byproducts; bathrooms and kitchens; and site equipment, PPEs, and tools. The company was founded in 1665 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, SAINT GOBAIN has a trailing twelve months EPS of €5.31.

PE Ratio

SAINT GOBAIN has a trailing twelve months price to earnings ratio of 12.7. Meaning, the purchaser of the share is investing €12.7 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 12.14%.

Volume

Today’s last reported volume for SAINT GOBAIN is 387709 which is 60.98% below its average volume of 993689.

More news about SAINT GOBAIN.

4. CHRISTIAN DIOR (CDI.PA)

32.69% Payout Ratio

Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather goods, wines and spirits, perfumes and cosmetics, and watches and jewelry worldwide. The company offers its fashion and leather goods under the Louis Vuitton, Fendi, Celine, Loewe, Givenchy, Kenzo, Berluti, Pucci, Loro Piana, Rimowa, and Off-White brand names; and wines and spirits under the Hennessy, Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Château d'Yquem, Belvedere, Glenmorangie, Newton Vineyards, Bodega Numanthia, Château d'Esclans, Armand de Brignac, and Joseph Phelps brands. It also provides perfumes and cosmetics under the Parfums Christian Dior, Guerlain, Parfums Givenchy, Make Up For Ever, Benefit Cosmetics, Fresh, Acqua di Parma, KVD Vegan Beauty, Fenty, Ole Henriksen, Maison Francis Kurkdjian, and Officine Universelle Buly 1803 brand names; and watches and jewelry under the Tiffany, Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred, and Repossi brands. In addition, the company operates retail stores under the DFS Galleria, Sephora, and Le Bon Marché names; publishes Le Parisien-Aujourd'hui en France, a daily newspaper; builds yachts; and operates hotel and the Cova pastry shop brand. Further, it is involved in real estate activities. The company sells its products through store network, including e-commerce websites; and agents and distributors. The company was incorporated in 1946 and is headquartered in Paris, France. Christian Dior SE (ENXTPA:CDI) operates as a subsidiary of Financière Agache Société Anonyme.

Earnings Per Share

As for profitability, CHRISTIAN DIOR has a trailing twelve months EPS of €36.71.

PE Ratio

CHRISTIAN DIOR has a trailing twelve months price to earnings ratio of 21.08. Meaning, the purchaser of the share is investing €21.08 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 27.78%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.4%, now sitting on 86.15B for the twelve trailing months.

More news about CHRISTIAN DIOR.

5. CRCAM PARIS ET IDF (CAF.PA)

30.83% Payout Ratio

Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile-de-France, a cooperative bank, provides banking services to its members in France, Other European Union countries, North America, Central and South America, Africa and the Middle East, Asia and Oceania, and Japan. The company provides financial saving services, that includes monetary, bond, and securities; life insurance investment services; and distributes housing and consumption loans, non-life and provident insurance products, and life insurance products. It serves individuals, farmers, professionals, businesses, and local communities. The company was formed in 1901 and is headquartered in Paris, France. Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile-de-France is a subsidiary of Crédit Agricole S.A.

Earnings Per Share

As for profitability, CRCAM PARIS ET IDF has a trailing twelve months EPS of €9.89.

PE Ratio

CRCAM PARIS ET IDF has a trailing twelve months price to earnings ratio of 6.73. Meaning, the purchaser of the share is investing €6.73 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 3.71%.

Volume

Today’s last reported volume for CRCAM PARIS ET IDF is 293 which is 56.97% below its average volume of 681.

Revenue Growth

Year-on-year quarterly revenue growth declined by 18.1%, now sitting on 969.22M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 3.05 and the estimated forward annual dividend yield is 4.59%.

Yearly Top and Bottom Value

CRCAM PARIS ET IDF’s stock is valued at €66.60 at 16:10 EST, way below its 52-week high of €74.49 and above its 52-week low of €61.68.

More news about CRCAM PARIS ET IDF.

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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.

More news about 1.

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