NORSK HYDRO And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – NORSK HYDRO (NHY.OL), KENDRION (KENDR.AS), FDJ (FDJ.PA) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio at the moment. 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 researching 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 39.65. Meaning, the purchaser of the share is investing kr39.65 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 1.85%.

Moving Average

NORSK HYDRO’s value is way higher than its 50-day moving average of kr62.51 and way above its 200-day moving average of kr62.56.

More news about NORSK HYDRO.

2. KENDRION (KENDR.AS)

110.77% Payout Ratio

Kendrion N.V. develops, manufactures, and markets electromagnetic systems and components for industrial and automotive applications in Germany, rest of Europe, the Americas, Asia, and internationally. The company operates through Industrial and Automotive segments. It offers linear, locking, oscillating, rotary, and park lock solenoids, as well as solenoids and valves for electronically controlled dampers; holding and permanent magnets; actuators; door lock systems; optical beam shutters; solenoid pinch valves; permanent magnet, spring-applied, and electromagnetic brakes; electronic modules and rectifiers; service and spare parts; shutting-speed regulators; customer solutions; electromagnetic clutches, clutch brake units, magnetic particle and pneumatic clutches and brakes, A/C clutches, auxiliary drive clutches, and clutches for hybrid drive; and belt-drive and engine-cooling systems. In addition, the company provides electronic assemblies for actuators; HMI devices, I/O systems, control and heating systems, starterkits, and programming tools and applications for control, visualisation, motion, copy protection, and remote service; electronic control units for electric motors and inductive loads; automotive sensors and pressure switches; vehicle sound systems; direct and pilot operated solenoid, fluid isolation, proportional, and miniature valves, as well as manually, mechanically, and pneumatically actuated valves; pneumatic timers; and valve blocks. Further, it offers pressure regulators, sensor cleaning solutions, park lock valves, valves for multichamber air-springs, internal combustion engines, seating comfort products, and mobile hydraulics. The company was formerly known as Schuttersveld N.V. and changed its name to Kendrion N.V. in 2001. Kendrion N.V. was founded in 1859 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, KENDRION has a trailing twelve months EPS of €0.65.

PE Ratio

KENDRION has a trailing twelve months price to earnings ratio of 19.51. Meaning, the purchaser of the share is investing €19.51 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 5.71%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.1%, now sitting on 518.6M for the twelve trailing months.

Yearly Top and Bottom Value

KENDRION’s stock is valued at €12.68 at 17:10 EST, way below its 52-week high of €19.60 and way higher than its 52-week low of €10.66.

More news about KENDRION.

3. FDJ (FDJ.PA)

61.43% Payout Ratio

La Française des Jeux Société anonyme engages in the gaming operation and distribution business in France and internationally. It offers lottery games, such as draw and instant games at points of sale and online; sports betting at points of sale; online poker; online horse-race and sports betting; betting and risk management services to sports betting operators; digital gaming platform; and s sports betting technology, as well as holds and administers draws for participating lotteries. The company was founded in 1933 and is headquartered in Boulogne-Billancourt, France.

Earnings Per Share

As for profitability, FDJ has a trailing twelve months EPS of €2.23.

PE Ratio

FDJ has a trailing twelve months price to earnings ratio of 16.94. Meaning, the purchaser of the share is investing €16.94 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 42.59%.

Volume

Today’s last reported volume for FDJ is 149175 which is 19.76% below its average volume of 185922.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 1.78 and the estimated forward annual dividend yield is 5.04%.

Moving Average

FDJ’s worth is higher than its 50-day moving average of €37.11 and way higher than its 200-day moving average of €34.22.

Yearly Top and Bottom Value

FDJ’s stock is valued at €37.78 at 17:10 EST, under its 52-week high of €39.46 and way above its 52-week low of €28.20.

More news about FDJ.

4. TEXAF (TEXF.BR)

49.42% Payout Ratio

Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 332 homes, including 53 villas and 289 apartments with a residential area of 62,200 square meters; 26,300 square meters of office and commercial space; and 30,000 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. Texaf S.A. was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.

Earnings Per Share

As for profitability, TEXAF has a trailing twelve months EPS of €3.18.

PE Ratio

TEXAF has a trailing twelve months price to earnings ratio of 11.51. Meaning, the purchaser of the share is investing €11.51 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 10.64%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.2%, now sitting on 29.07M for the twelve trailing months.

Yearly Top and Bottom Value

TEXAF’s stock is valued at €36.60 at 17:10 EST, under its 52-week high of €38.20 and way above its 52-week low of €30.60.

Volume

Today’s last reported volume for TEXAF is 363 which is 43.45% below its average volume of 642.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 28, 2024, the estimated forward annual dividend rate is 1.62 and the estimated forward annual dividend yield is 4.42%.

More news about TEXAF.

5. HEIJMANS (HEIJM.AS)

42.26% Payout Ratio

Koninklijke Heijmans N.V. engages in the property development, construction, and infrastructure businesses in the Netherlands and internationally. The company focuses on the development of large and smaller-scale projects in urban and out-of-town areas, as well as acts as an initiator, developer, and seller of residential properties. It also engages in building homes; and the restoration, redevelopment, renovation, maintenance, and service of existing housing stock. In addition, the company designs, realizes, and maintains electro-technical and mechanical installations; and realizes large-scale and complex construction contracts in the customer and market segments of health care, government and semi-government organizations, commercial property, the high-tech clean industry, and datacenters, as well as provides management and maintenance services. Further, it focuses on the construction, enhancement, and maintenance of road infrastructure and public spaces, including related installations and on-site objects. The company was formerly known as Heijmans N.V. and changed its name to Koninklijke Heijmans N.V. in September 2023. Koninklijke Heijmans N.V. was founded in 1923 and is headquartered in Rosmalen, the Netherlands.

Earnings Per Share

As for profitability, HEIJMANS has a trailing twelve months EPS of €2.39.

PE Ratio

HEIJMANS has a trailing twelve months price to earnings ratio of 6.78. Meaning, the purchaser of the share is investing €6.78 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 17.05%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.5%, now sitting on 2.12B for the twelve trailing months.

More news about HEIJMANS.

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%.

More news about 1.

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