REACH SUBSEA And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), SODEXO (SW.PA), REACH SUBSEA (REACH.OL) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 investigating 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. GJENSIDIGE FORSIKR (GJF.OL)

85.18% Payout Ratio

Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr13.55.

PE Ratio

GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 12.72. Meaning, the purchaser of the share is investing kr12.72 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 17.89%.

More news about GJENSIDIGE FORSIKR.

2. SODEXO (SW.PA)

66.89% Payout Ratio

Sodexo S.A. develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide. It provides various on-site services, which includes corporate Services, energy and resources, government and agencies, sports and leisure, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail services and brands, food delivery, and meal and food vouchers, as well as digital food ordering services; benefits and rewards services, such as employee benefits, incentive and recognition programs, employee mobility, expense management, and public benefits; and personal and home services, including childcare, concierge, and in-home care services for seniors and their families. In addition, it offers facility management services, including technical service management, assets management, building maintenance, access control, deep cleaning, energy management, space planning, project management, front-of-house services, grounds maintenance, waste management, HVAC systems, mail management, commercial cleaning, workspace management and pest control. services. The company was formerly known as Sodexho Alliance and changed its name to Sodexo S.A. in 2008. Sodexo S.A. was founded in 1966 and is headquartered in Issy-les-Moulineaux, France.

Earnings Per Share

As for profitability, SODEXO has a trailing twelve months EPS of €-4.53.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.53%.

Volume

Today’s last reported volume for SODEXO is 482051 which is 113.68% above its average volume of 225593.

Moving Average

SODEXO’s worth is way higher than its 50-day moving average of €87.36 and way above its 200-day moving average of €84.34.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 23, 2022, the estimated forward annual dividend rate is 2.4 and the estimated forward annual dividend yield is 2.66%.

More news about SODEXO.

3. REACH SUBSEA (REACH.OL)

41.86% Payout Ratio

Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Earnings Per Share

As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.3.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 14.77. Meaning, the purchaser of the share is investing kr14.77 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 16.67%.

Sales Growth

REACH SUBSEA’s sales growth is 12.6% for the ongoing quarter and 71.2% for the next.

Moving Average

REACH SUBSEA’s worth is higher than its 50-day moving average of kr4.33 and way higher than its 200-day moving average of kr3.96.

Volume

Today’s last reported volume for REACH SUBSEA is 105891 which is 84.62% below its average volume of 688641.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REACH SUBSEA’s EBITDA is 5.98.

More news about REACH SUBSEA.

4. ROCHE BOBOIS (RBO.PA)

33.88% Payout Ratio

Roche Bobois S.A. engages in the furniture design and distribution business worldwide. It provides living room products, such as sofas and sofa beds, coffee tables, armchairs, wall compositions, cocktail tables, TV units, bookcases, cabinets, side tables, consoles, and occasional furniture; dining room products, including chairs, stools, benches, sideboards, dining tables, columns, dressers, and dining room storage products; desks; bedroom products comprising beds, wardrobes, bedside tables, screens, complements, and other bedroom furniture products; outdoor furniture products; and lights, cushions, rugs, mirrors, decorative objects, and home furnishings, as well as other furniture products. The company offers its products under the Roche Bobois and Cuir Center brands. As of March 31, 2022, it operated 128 owned and 210 franchised stores in 56 countries worldwide, as well as an online store. The company was formerly known as Furn-Invest S.A.S. Roche Bobois S.A. was founded in 1960 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, ROCHE BOBOIS has a trailing twelve months EPS of €2.9.

PE Ratio

ROCHE BOBOIS has a trailing twelve months price to earnings ratio of 13.76. Meaning, the purchaser of the share is investing €13.76 for every euro of annual earnings.

Volume

Today’s last reported volume for ROCHE BOBOIS is 1563 which is 36.12% below its average volume of 2447.

Moving Average

ROCHE BOBOIS’s worth is above its 50-day moving average of €39.39 and way above its 200-day moving average of €35.15.

More news about ROCHE BOBOIS.

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