(VIANEWS) – TELENOR (TEL.OL), MELHUS SPAREBANK (MELG.OL), CEGEDIM (CGM.PA) 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 distribute 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. TELENOR (TEL.OL)
118.47% Payout Ratio
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. The company's mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging. Its fixed services consist of telephony, Internet and TV, and leased lines, as well as data and managed services; and broadcasting and data communication services through satellite, terrestrial radio, and TV transmission. The company also provides machine-to-machine communication, as well as internet based services. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway.
Earnings Per Share
As for profitability, TELENOR has a trailing twelve months EPS of kr2.91.
PE Ratio
TELENOR has a trailing twelve months price to earnings ratio of 42.42. Meaning, the purchaser of the share is investing kr42.42 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 28.47%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 8.8 and the estimated forward annual dividend yield is 6.93%.
More news about TELENOR.
2. MELHUS SPAREBANK (MELG.OL)
82.55% Payout Ratio
Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.
Earnings Per Share
As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr13.04.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 12.04. Meaning, the purchaser of the share is investing kr12.04 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 8.04%.
Moving Average
MELHUS SPAREBANK’s value is below its 50-day moving average of kr166.16 and below its 200-day moving average of kr160.05.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 17, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 7.05%.
Volume
Today’s last reported volume for MELHUS SPAREBANK is 35 which is 96.77% below its average volume of 1085.
Yearly Top and Bottom Value
MELHUS SPAREBANK’s stock is valued at kr157.00 at 17:10 EST, way below its 52-week high of kr177.00 and way above its 52-week low of kr142.00.
More news about MELHUS SPAREBANK.
3. CEGEDIM (CGM.PA)
50% Payout Ratio
Cegedim SA operates as a technology and services company in the digital data flow management for healthcare ecosystem and B2B, and business software publisher for healthcare and insurance professionals worldwide. It operates in two divisions, Health Insurance, HR and e-Services; and Healthcare Professionals. The Health Insurance, HR and e-Services division markets various products and services to insurance companies, mutual insurers, personal protection insurers, and insurance brokers, as well as engages in the interactions between these entities and healthcare professionals. This division also provides solutions for hosting, HR and payroll management outsourcing, and electronic data exchange services. The Healthcare Professionals division offers management software, databases, and solutions to doctors, allied health professionals, pharmacists, and healthcare facilities. The company was incorporated in 1969 and is headquartered in Boulogne-Billancourt, France. Cegedim SA is a subsidiary of FCB SA.
Earnings Per Share
As for profitability, CEGEDIM has a trailing twelve months EPS of €1.
PE Ratio
CEGEDIM has a trailing twelve months price to earnings ratio of 19.38. Meaning, the purchaser of the share is investing €19.38 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 5.08%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 29, 2022, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 2.56%.
Yearly Top and Bottom Value
CEGEDIM’s stock is valued at €19.38 at 17:10 EST, way under its 52-week high of €25.15 and way above its 52-week low of €13.56.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 555.21M for the twelve trailing months.
More news about CEGEDIM.
4. WILSON (WILS.OL)
40.25% Payout Ratio
Wilson ASA operates as a shipping company in Europe. The company engages in the ship chartering and operation; ship management; marine accounting; crewing; purchasing; legal; and insurance activities. It operates through a fleet of 130 vessels in the range of 1500 to 8500 DWT. The company was founded in 1929 and is headquartered in Bergen, Norway. Wilson ASA operates as a subsidiary of Caiano AS.
Earnings Per Share
As for profitability, WILSON has a trailing twelve months EPS of kr22.63.
PE Ratio
WILSON has a trailing twelve months price to earnings ratio of 2.9. Meaning, the purchaser of the share is investing kr2.9 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 44.99%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 14, 2022, the estimated forward annual dividend rate is 9 and the estimated forward annual dividend yield is 13.2%.
Moving Average
WILSON’s value is under its 50-day moving average of kr68.45 and below its 200-day moving average of kr66.56.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 271.32M for the twelve trailing months.
More news about WILSON.
