(VIANEWS) – PAREF (PAR.PA), ELEC.STRASBOURG (ELEC.PA), SPBK1 NORD-NORGE (NONG.OL) are the highest payout ratio stocks on this list.
We have gathered information concerning 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 distribute them.
When investigating 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. PAREF (PAR.PA)
176.03% Payout Ratio
Paref SA owns and manages business real estate located primarily in the Paris region. The company manages and leases real estate, offices and commercial spaces, and residences. The company also provides real estate agency services. The company was founded in 1997 and is based in Paris, France.
Earnings Per Share
As for profitability, PAREF has a trailing twelve months EPS of €2.67.
PE Ratio
PAREF has a trailing twelve months price to earnings ratio of 22.47. Meaning, the purchaser of the share is investing €22.47 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 2.78%.
More news about PAREF.
2. ELEC.STRASBOURG (ELEC.PA)
106.54% Payout Ratio
Électricite de Strasbourg Société Anonyme engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France. It is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks; provision of collective catering engineering and energy renovation services; and technical management and optimization of energy installations. The company was founded in 1899 and is based in Strasbourg, France. Électricite de Strasbourg Société Anonyme is a subsidiary of EDF Développement Environnement SA.
Earnings Per Share
As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.44.
PE Ratio
ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 16.36. Meaning, the purchaser of the share is investing €16.36 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 10.05%.
Volume
Today’s last reported volume for ELEC.STRASBOURG is 796 which is 21.71% above its average volume of 654.
Revenue Growth
Year-on-year quarterly revenue growth grew by 53.4%, now sitting on 1.1B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 2.98%.
More news about ELEC.STRASBOURG.
3. SPBK1 NORD-NORGE (NONG.OL)
84.85% Payout Ratio
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr8.35.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 11.43. Meaning, the purchaser of the share is investing kr11.43 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 11.29%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.9%, now sitting on 4B for the twelve trailing months.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 26.2% for the current quarter and 59.4% for the next.
Moving Average
SPBK1 NORD-NORGE’s worth is under its 50-day moving average of kr95.43 and higher than its 200-day moving average of kr91.42.
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4. SAINT JEAN GROUPE (SABE.PA)
56.18% Payout Ratio
Saint Jean Groupe Société anonyme, through its subsidiaries, operates in the agri-food sector in France. The company offers ravioles, dumplings, fresh pasta, and delicatessen products under the Saint, Royans, Ravioles de Romans, Quenelles La Royale, and Comptoir du Pastier brand names. The company is headquartered in Dardilly, France.
Earnings Per Share
As for profitability, SAINT JEAN GROUPE has a trailing twelve months EPS of €0.18.
PE Ratio
SAINT JEAN GROUPE has a trailing twelve months price to earnings ratio of 101.67. Meaning, the purchaser of the share is investing €101.67 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 0.81%.
Moving Average
SAINT JEAN GROUPE’s value is above its 50-day moving average of €17.69 and below its 200-day moving average of €19.04.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 104.5M for the twelve trailing months.
Yearly Top and Bottom Value
SAINT JEAN GROUPE’s stock is valued at €18.30 at 17:10 EST, way under its 52-week high of €22.00 and higher than its 52-week low of €16.90.
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