(VIANEWS) – YARA INTERNATIONAL (YAR.OL), GOLDEN OCEAN GROUP (GOGL.OL), REN (RENE.LS) 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 issue 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. YARA INTERNATIONAL (YAR.OL)
133.24% Payout Ratio
Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain plant nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation fertilizers. It also offers digital solutions, such as variable rate application solutions; N-Sensor, a tractor-mounted hardware; N-Tester, a hand held nitrogen measurement tool; and Atfarm, a digital toolbox for farmer. The company sells its products under YaraBela, YaraMila, YaraLiva, YaraVita, YaraRega, YaraTera, YaraSuna, and YaraVera and brands. Yara International ASA was founded in 1905 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, YARA INTERNATIONAL has a trailing twelve months EPS of kr38.39.
PE Ratio
YARA INTERNATIONAL has a trailing twelve months price to earnings ratio of 10.5. Meaning, the purchaser of the share is investing kr10.5 for every norwegian krone of annual earnings.
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2. GOLDEN OCEAN GROUP (GOGL.OL)
101.23% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr16.4.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 4.47. Meaning, the purchaser of the share is investing kr4.47 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 17.52%.
Sales Growth
GOLDEN OCEAN GROUP’s sales growth is negative 20.9% for the present quarter and 3.6% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
GOLDEN OCEAN GROUP’s EBITDA is 699.36.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 12.73 and the estimated forward annual dividend yield is 17.38%.
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3. REN (RENE.LS)
98.57% Payout Ratio
REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2022, it operated national electricity transmission system with 9,424 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, REN has a trailing twelve months EPS of €0.22.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 11.55. Meaning, the purchaser of the share is investing €11.55 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 7.92%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 12.42%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 822.91M for the twelve trailing months.
Volume
Today’s last reported volume for REN is 679245 which is 38.75% above its average volume of 489524.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REN’s EBITDA is 3.53.
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4. NRJ GROUP (NRG.PA)
46.67% Payout Ratio
NRJ Group SA, a private media company, operates as a publisher, producer, and broadcaster in France and internationally. It operates 4 radio stations under the NRJ, CHERIE FM, NOSTALGIE, and RIRE & CHANSONS brands; approximately 230 digital radios; 6 websites; and 7 mobile applications, as well as a replay TV. The company also operates two national channels, which include NRJ 12 and CHERIE 25; and NRJ Hits, a music channel for cable satellite. In addition, it engages in advertising activities; marketing activities; operates musical shows under the NRJ Music label; and audio and audio visual, trademark licensing, and real estate activities. NRJ Group SA was founded in 1981 and is based in Paris, France.
Earnings Per Share
As for profitability, NRJ GROUP has a trailing twelve months EPS of €0.46.
PE Ratio
NRJ GROUP has a trailing twelve months price to earnings ratio of 15.13. Meaning, the purchaser of the share is investing €15.13 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 5.19%.
Volume
Today’s last reported volume for NRJ GROUP is 1 which is 99.98% below its average volume of 6803.
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5. THERMADOR GROUPE (THEP.PA)
32.95% Payout Ratio
Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry. In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories. Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies. The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.
Earnings Per Share
As for profitability, THERMADOR GROUPE has a trailing twelve months EPS of €6.04.
PE Ratio
THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 13.21. Meaning, the purchaser of the share is investing €13.21 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 19.72%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19%, now sitting on 553.86M for the twelve trailing months.
Moving Average
THERMADOR GROUPE’s worth is below its 50-day moving average of €87.47 and way below its 200-day moving average of €90.38.
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6. TITAN CEMENT (TITC.BR)
32.73% Payout Ratio
Titan Cement International S.A., together with its subsidiaries, produces, distributes, and trades in a range of construction materials in Greece and Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, and internationally. The company provides cement; ready-mix concrete; aggregates and coarse materials, including sand, gravel, crushed stone, and recycled concrete; and other building materials, such as dry mortars, building blocks, fly ash, and other concrete products for the construction of roads, bridges, airports, hospitals, schools, residential housing, commercial buildings, and social projects. It is also involved in the import and distribution of cement; processing of fly ash; sale of fly ash processing equipment; quarries; real estate brokerage services; engineering design services for solid and liquid waste facilities; and alternative fuels. In addition, the company provides trading, technical and business, port, financial, preventing maintenance, insurance, and transportation services; owns and develops real estate properties; rents and leases machines, equipment, and material goods; and designs, manufactures, and markets proprietary separation equipment for dry powders. Titan Cement International S.A. was founded in 1902 and is based in Brussels, Belgium.
Earnings Per Share
As for profitability, TITAN CEMENT has a trailing twelve months EPS of €1.58.
PE Ratio
TITAN CEMENT 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.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.19%.
Volume
Today’s last reported volume for TITAN CEMENT is 5080 which is 78.55% below its average volume of 23689.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.3%, now sitting on 2.42B for the twelve trailing months.
Yearly Top and Bottom Value
TITAN CEMENT’s stock is valued at €18.18 at 17:10 EST, below its 52-week high of €18.30 and way higher than its 52-week low of €10.60.
Moving Average
TITAN CEMENT’s worth is higher than its 50-day moving average of €16.86 and way higher than its 200-day moving average of €14.30.
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