(VIANEWS) – SANDNES SPAREBANK (SADG.OL), TIPIAK (TIPI.PA), HAFNIA LIMITED (HAFNI.OL) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up to now. 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 issue 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. SANDNES SPAREBANK (SADG.OL)
74.82% Payout Ratio
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.
Earnings Per Share
As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr8.05.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.06. Meaning, the purchaser of the share is investing kr10.06 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 8.32%.
More news about SANDNES SPAREBANK.
2. TIPIAK (TIPI.PA)
44.59% Payout Ratio
Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.
Earnings Per Share
As for profitability, TIPIAK has a trailing twelve months EPS of €3.7.
PE Ratio
TIPIAK has a trailing twelve months price to earnings ratio of 16.49. Meaning, the purchaser of the share is investing €16.49 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 6.82%.
More news about TIPIAK.
3. HAFNIA LIMITED (HAFNI.OL)
40.35% Payout Ratio
Hafnia Limited owns and operates oil product tankers. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, Chemical-Handy, and Chemical-MR segments. The company transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It provides ship owning, ship-management, chartering, investment, and agency office services. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr21.81.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 2.4. Meaning, the purchaser of the share is investing kr2.4 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 48.16%.
More news about HAFNIA LIMITED.
4. REMY COINTREAU (RCO.PA)
31.73% Payout Ratio
Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands. The company operates in Europe, the Middle East, Africa, the Americas, Asia, Australia, and New Zealand. Rémy Cointreau SA was founded in 1724 and is headquartered in Cognac, France.
Earnings Per Share
As for profitability, REMY COINTREAU has a trailing twelve months EPS of €5.99.
PE Ratio
REMY COINTREAU has a trailing twelve months price to earnings ratio of 23.94. Meaning, the purchaser of the share is investing €23.94 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 18.16%.
Moving Average
REMY COINTREAU’s worth is way under its 50-day moving average of €163.91 and way under its 200-day moving average of €167.52.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 1.85 and the estimated forward annual dividend yield is 1.25%.
More news about REMY COINTREAU.
