(VIANEWS) – SANDNES SPAREBANK (SADG.OL), SELECTIRENTE (SELER.PA), NEXANS (NEX.PA) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio so far. 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. SANDNES SPAREBANK (SADG.OL)
117.18% 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 kr5.16.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 15.85. Meaning, the purchaser of the share is investing kr15.85 for every norwegian krone of annual earnings.
Return on Equity
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%.
Moving Average
SANDNES SPAREBANK’s value is under its 50-day moving average of kr84.76 and below its 200-day moving average of kr88.77.
Yearly Top and Bottom Value
SANDNES SPAREBANK’s stock is valued at kr81.80 at 12:10 EST, way under its 52-week high of kr97.80 and above its 52-week low of kr81.00.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.12%.
More news about SANDNES SPAREBANK.
2. SELECTIRENTE (SELER.PA)
109.09% 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 €3.29.
PE Ratio
SELECTIRENTE has a trailing twelve months price to earnings ratio of 28.88. Meaning, the purchaser of the share is investing €28.88 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.54%.
Yearly Top and Bottom Value
SELECTIRENTE’s stock is valued at €95.00 at 12:10 EST, under its 52-week high of €102.00 and above its 52-week low of €94.00.
Moving Average
SELECTIRENTE’s worth is under its 50-day moving average of €95.71 and below its 200-day moving average of €98.56.
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3. NEXANS (NEX.PA)
52.32% Payout Ratio
Nexans S.A. designs, manufactures, and sells cable systems and services in France and internationally. It operates in five segments: Building & Territories, Generation & Transmission, Telecom & Data, Industry & Solutions, and Other Activities. The company provides design, engineering, financing, asset management, and systems management solutions for offshore wind farms, subsea interconnections, and land high voltage, as well as smart solutions for oil and gas sector. It also offers cables for the energy distribution networks; and equipment cables for buildings. In addition, the company provides cabling and connectivity solutions to support OEMs and industrial infrastructure project managers in transport, automatic devices, renewable energy, resources, and other sectors. Further, it offers data transmission, telecom networks, hyperscale data centers, and LAN cabling solutions for customers to deploy copper and fiber optic infrastructures; and wire rods and electrical wires, as well as engages in winding wire production operations. The company was incorporated in 1994 and is headquartered in Courbevoie, France.
Earnings Per Share
As for profitability, NEXANS has a trailing twelve months EPS of €5.46.
PE Ratio
NEXANS has a trailing twelve months price to earnings ratio of 13.98. Meaning, the purchaser of the share is investing €13.98 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.49%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.7%, now sitting on 8.04B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 2.1 and the estimated forward annual dividend yield is 2.82%.
Yearly Top and Bottom Value
NEXANS’s stock is valued at €76.35 at 12:10 EST, way under its 52-week high of €102.90 and higher than its 52-week low of €70.10.
Volume
Today’s last reported volume for NEXANS is 16280 which is 80.08% below its average volume of 81740.
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4. PRECIA (PREC.PA)
38.46% Payout Ratio
Precia S.A. designs, manufactures, sells, and services weighing solutions. The company offers industrial weighing scales comprising of crane scales, overhead scales, weighing bars, and pallet trucks. It also offers laboratory weighing balances, platform scales, load receptor, pallets weigher, crane scales, overhead scales, and wall receptor, as well as TRUCKFLOW, aweighbridge and in/out weighing management software; on board weighing systems for industrial vehicles; and dynamic weight control solutions. In addition, the company provides tank weighing products, such as process weighing load cells and indicators; weighing stations for the manual and automatic dosing of ingredients associated with manufacturing formulas; average weight control products; bulk continuous weighing products comprising belt scales, weighing conveyors, belt speed conveyor measurement devices, weighing controllers, multi-station and modular belt weighers, single-station structure scales, and belt scale with conveyors, as well as DATABULK BS, a continuous weighing supervision software; and bulk discontinuous weighing, such as automatic bulk scales, discontinuous weighing controllers, and weighing indicators. Further, it offers DATABULK ABS, an automatic bulk scale software product. Additionally, the company offers bulk dosing products, including gravimetric dosing, dosing electronic system, volumetric dosing, and soft blending products; weighing products for hazardous areas; PM connected services; smartphone applications, including WEIGH2FLOW for analyzing flow rates of your conveyors, and WEIGH2CONTROL to monitor and centralize weighing information; and dimensioning weighing scanning. It serves agribusiness, food processing, waste management, transport and logistics, and extractive industries worldwide. Precia S.A. was founded in 1887 and is headquartered in Privas, France.
Earnings Per Share
As for profitability, PRECIA has a trailing twelve months EPS of €1.04.
PE Ratio
PRECIA has a trailing twelve months price to earnings ratio of 27.31. Meaning, the purchaser of the share is investing €27.31 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.49%.
Volume
Today’s last reported volume for PRECIA is 5441 which is 1192.4% above its average volume of 421.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 158.44M for the twelve trailing months.
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5. SOLVAY (SOLB.BR)
32.45% Payout Ratio
Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers. The Solutions segment offers specialty chemicals for agro, home and personal care, coatings, and industrial markets; technology solutions in specialty mining reagents, phosphine-based chemistry, and solutions for the stabilization of polymers; fluorine and rare-earth formulations for automotive, electronics, agrochemical, and construction applications; and vanillin for the food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. The Corporate & Business Services segment provides energy and other business services. The company was founded in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, SOLVAY has a trailing twelve months EPS of €12.48.
PE Ratio
SOLVAY has a trailing twelve months price to earnings ratio of 8.77. Meaning, the purchaser of the share is investing €8.77 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.37%.
Moving Average
SOLVAY’s value is above its 50-day moving average of €105.20 and above its 200-day moving average of €103.85.
Sales Growth
SOLVAY’s sales growth is negative 14.1% for the current quarter and negative 6.7% for the next.
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1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of €1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing €1 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
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