(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), PERNOD RICARD (RI.PA), LERØY SEAFOOD GP (LSG.OL) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee 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. SPAREBANKEN ØST (SPOG.OL)
81.36% Payout Ratio
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr4.75.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing kr9.39 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 6.25%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 47.5% and 91.1%, respectively.
More news about SPAREBANKEN ØST.
2. PERNOD RICARD (RI.PA)
44.21% Payout Ratio
Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, St Hugo, Stoneleigh, Suze, The Glenlivet, TX, Wyborowa, and Ysios. It also provides non-alcoholic beverages under the brands Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. The company was founded in 1805 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, PERNOD RICARD has a trailing twelve months EPS of €9.33.
PE Ratio
PERNOD RICARD has a trailing twelve months price to earnings ratio of 23.05. Meaning, the purchaser of the share is investing €23.05 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 14.84%.
Volume
Today’s last reported volume for PERNOD RICARD is 92224 which is 81.55% below its average volume of 500010.
Yearly Top and Bottom Value
PERNOD RICARD’s stock is valued at €215.10 at 22:10 EST, under its 52-week high of €218.00 and way above its 52-week low of €166.60.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 5, 2023, the estimated forward annual dividend rate is 4.62 and the estimated forward annual dividend yield is 2.15%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.4%, now sitting on 11.86B for the twelve trailing months.
More news about PERNOD RICARD.
3. LERØY SEAFOOD GP (LSG.OL)
43.1% Payout Ratio
Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready-to-eat and ready-to-cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.
Earnings Per Share
As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr4.88.
PE Ratio
LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 10.82. Meaning, the purchaser of the share is investing kr10.82 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 15.69%.
Moving Average
LERØY SEAFOOD GP’s worth is higher than its 50-day moving average of kr52.13 and below its 200-day moving average of kr55.31.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 2.9% and positive 51.8% for the next.
More news about LERØY SEAFOOD GP.
4. 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 €1.53.
PE Ratio
TITAN CEMENT has a trailing twelve months price to earnings ratio of 9.97. Meaning, the purchaser of the share is investing €9.97 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 8%.
Yearly Top and Bottom Value
TITAN CEMENT’s stock is valued at €15.26 at 22:10 EST, below its 52-week high of €15.80 and way above its 52-week low of €10.42.
More news about TITAN CEMENT.
