NORSK HYDRO And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – NORSK HYDRO (NHY.OL), AMSC (AMSC.OL), RELX (REN.AS) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio up until now. 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 distribute 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. NORSK HYDRO (NHY.OL)

319.21% Payout Ratio

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Hydro Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Hydro Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Hydro Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery materials, and green hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NORSK HYDRO has a trailing twelve months EPS of kr1.77.

PE Ratio

NORSK HYDRO has a trailing twelve months price to earnings ratio of 37.88. Meaning, the purchaser of the share is investing kr37.88 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 2.61%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

NORSK HYDRO’s EBITDA is 167.3.

Yearly Top and Bottom Value

NORSK HYDRO’s stock is valued at kr67.04 at 02:10 EST, way below its 52-week high of kr83.56 and way higher than its 52-week low of kr53.24.

More news about NORSK HYDRO.

2. AMSC (AMSC.OL)

252.69% Payout Ratio

AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company purchases and bareboat charters out vessels to operators and end users. It operates a fleet of nine product tankers, one shuttle tanker, and one subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.

Earnings Per Share

As for profitability, AMSC has a trailing twelve months EPS of kr-1.71.

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 8.21%.

Moving Average

AMSC’s value is way under its 50-day moving average of kr39.16 and way under its 200-day moving average of kr41.54.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 5.28 and the estimated forward annual dividend yield is 12.8%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AMSC’s EBITDA is 465.79.

More news about AMSC.

3. RELX (REN.AS)

59.72% Payout Ratio

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk. The Scientific, Technical & Medical segment provides information and data sets that help researchers and healthcare professionals to advance science and health outcomes. The Legal segment provides legal, regulatory, and business information and analytics that help customers in decision-making, as well as increases the productivity. The Exhibitions segment is involved in the business that combines face-to-face with data and digital tools to help customers learn about markets, source products, and complete transactions. The company was formerly known as Reed Elsevier PLC and changed its name to RELX PLC in July 2015. RELX PLC was incorporated in 1903 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, RELX has a trailing twelve months EPS of €1.1.

PE Ratio

RELX has a trailing twelve months price to earnings ratio of 35.02. Meaning, the purchaser of the share is investing €35.02 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 49.72%.

Yearly Top and Bottom Value

RELX’s stock is valued at €38.52 at 02:10 EST, below its 52-week high of €40.35 and way above its 52-week low of €27.45.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 9.16B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 0.69 and the estimated forward annual dividend yield is 1.73%.

Volume

Today’s last reported volume for RELX is 288890 which is 56.4% below its average volume of 662731.

More news about RELX.

4. CARREFOUR (CA.PA)

43.41% Payout Ratio

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations. It is also involved in banking, insurance, property development, and franchise activities; the provision of travel agency services; and the rental of shopping malls. The company was founded in 1959 and is based in Massy, France.

Earnings Per Share

As for profitability, CARREFOUR has a trailing twelve months EPS of €1.29.

PE Ratio

CARREFOUR has a trailing twelve months price to earnings ratio of 12.31. Meaning, the purchaser of the share is investing €12.31 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 6.77%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 28, 2024, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 5.41%.

Volume

Today’s last reported volume for CARREFOUR is 1984100 which is 18.42% above its average volume of 1675350.

Moving Average

CARREFOUR’s worth is above its 50-day moving average of €15.69 and under its 200-day moving average of €16.65.

More news about CARREFOUR.

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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

More news about 1.

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