(VIANEWS) – SPBK1 RINGERIKE (RING.OL), SELECTIRENTE (SELER.PA), CORTICEIRA AMORIM (COR.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 promise 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. SPBK1 RINGERIKE (RING.OL)
103.63% Payout Ratio
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.58. Meaning, the purchaser of the share is investing kr14.58 for every norwegian krone of annual earnings.
Volume
Today’s last reported volume for SPBK1 RINGERIKE is 125 which is 91.07% below its average volume of 1400.
Moving Average
SPBK1 RINGERIKE’s value is above its 50-day moving average of kr329.32 and higher than its 200-day moving average of kr324.29.
2. SELECTIRENTE (SELER.PA)
64.75% Payout Ratio
Selectirente is a public real estate fund managed by Sofidy. It invests in city center and suburb commercial properties, which should be located close to shopping malls. It primarily acquires properties in France. As of March 29, 2019, Selectirente operates as a subsidiary of Tikehau Capital.
Earnings Per Share
As for profitability, SELECTIRENTE has a trailing twelve months EPS of €2.62.
PE Ratio
SELECTIRENTE has a trailing twelve months price to earnings ratio of 38.21. Meaning, the purchaser of the share is investing €38.21 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 3.59%.
3. CORTICEIRA AMORIM (COR.LS)
46.88% Payout Ratio
Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and Insulation Cork segments. It offers cork raw materials; cork stoppers for sparkling wine, spirit, beer, and cider industries; and cork wall and floor coverings. The company also provides cork composite solutions to use in various applications, such as aerospace, mobility, energy, sealing, construction, sports surfaces, flooring, home, office and leisure goods, footwear, panels, and composites. In addition, it offers insulation cork materials to use in sustainable insulation/construction, and interior and exterior designing. The company was founded in 1870 and is headquartered in Mozelos, Portugal.
Earnings Per Share
As for profitability, CORTICEIRA AMORIM has a trailing twelve months EPS of €0.48.
PE Ratio
CORTICEIRA AMORIM has a trailing twelve months price to earnings ratio of 20.12. Meaning, the purchaser of the share is investing €20.12 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 16.44%.
4. SPAREBANK 1 SR-BK (SRBNK.OL)
46.58% Payout Ratio
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company offers its products and services in the areas of savings, loans, advice, insurance, and pensions. It also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, estate agency, payroll/HR, and securities trading services, as well as management and securities management services. In addition, the company facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, it is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. Additionally, the company offers green loan; credit and debit cards; consulting; and mobile and online banking services. The company also serves retail and corporate, small business, and agricultural customers, as well as the public sector. SpareBank 1 SR-Bank ASA was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr6.22.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 20.8. Meaning, the purchaser of the share is investing kr20.8 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 12.05%.
Moving Average
SPAREBANK 1 SR-BK’s worth is above its 50-day moving average of kr118.95 and way higher than its 200-day moving average of kr113.53.
