TEXAF And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – OTELLO CORPORATION (OTEC.OL), TotalEnergiesGabon (EC.PA), TEXAF (TEXF.BR) 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 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. OTELLO CORPORATION (OTEC.OL)

1257.59% Payout Ratio

Otello Corporation ASA provides cloud-based network solutions for mobile operators. It offers RocketColony, which enables mobile operators to optimize their network performance and quality, as well as operates as a mobile media and entertainment company. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. The company was incorporated in 1995 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, OTELLO CORPORATION has a trailing twelve months EPS of kr1.83.

PE Ratio

OTELLO CORPORATION has a trailing twelve months price to earnings ratio of 4.2. Meaning, the purchaser of the share is investing kr4.2 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 6.84%.

Yearly Top and Bottom Value

OTELLO CORPORATION’s stock is valued at kr7.68 at 22:10 EST, way below its 52-week high of kr32.00 and above its 52-week low of kr7.29.

More news about OTELLO CORPORATION.

2. TotalEnergiesGabon (EC.PA)

94.94% Payout Ratio

TotalEnergies EP Gabon Société engages in the mining, exploration, and production of crude oil in Gabon. It also holds interests in operated and non-operated production fields. The company was formerly known as Total Gabon. The company was founded in 1949 and is headquartered in Port-Gentil, Gabon. TotalEnergies EP Gabon Société is a subsidiary of TotalEnergies SE.

Earnings Per Share

As for profitability, TotalEnergiesGabon has a trailing twelve months EPS of €70.37.

PE Ratio

TotalEnergiesGabon has a trailing twelve months price to earnings ratio of 2.5. Meaning, the purchaser of the share is investing €2.5 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 18.89%.

Moving Average

TotalEnergiesGabon’s worth is below its 50-day moving average of €177.25 and higher than its 200-day moving average of €168.84.

Yearly Top and Bottom Value

TotalEnergiesGabon’s stock is valued at €176.20 at 22:10 EST, way below its 52-week high of €200.00 and way above its 52-week low of €138.50.

Revenue Growth

Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 521.36M for the twelve trailing months.

More news about TotalEnergiesGabon.

3. TEXAF (TEXF.BR)

62.66% Payout Ratio

Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 332 homes, including 53 villas and 289 apartments with a residential area of 62,200 square meters; 26,300 square meters of office and commercial space; and 30,000 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. Texaf S.A. was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.

Earnings Per Share

As for profitability, TEXAF has a trailing twelve months EPS of €2.28.

PE Ratio

TEXAF 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 7.98%.

Sales Growth

TEXAF’s sales growth for the current quarter is negative 5.2%.

Volume

Today’s last reported volume for TEXAF is 1 which is 99.71% below its average volume of 349.

Moving Average

TEXAF’s worth is above its 50-day moving average of €35.57 and higher than its 200-day moving average of €34.31.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 1.57 and the estimated forward annual dividend yield is 4.32%.

More news about TEXAF.

4. MULTICONSULT (MULTI.OL)

48.47% Payout Ratio

Multiconsult ASA provides engineering design, consultancy, and architecture services in Norway and internationally. The company offers multidisciplinary consultancy, design, planning, project supervision and management, geotechnical site survey, verification and control, analysis and due diligence, construction management, geological investigations, environmental services and HSE, river basin management, hydrometry, and hydrological field work services. It serves buildings and properties, cities and society, industry, oil and gas, renewable energy, rail and transportation, and water and environment sectors. Multiconsult ASA was founded in 1908 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MULTICONSULT has a trailing twelve months EPS of kr12.54.

PE Ratio

MULTICONSULT has a trailing twelve months price to earnings ratio of 12.56. Meaning, the purchaser of the share is investing kr12.56 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 32.3%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MULTICONSULT’s EBITDA is 1.01.

More news about MULTICONSULT.

5. CRCAM NORM.SEINE (CCN.PA)

30.05% Payout Ratio

Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société cooperativ offers various banking products and services to individuals, professionals, farmers, associations, and companies in France. It provides savings accounts; credit products; property, personal, life, and pension insurance products; factoring; brokerage; investment banking; asset management; real estate promotion services; specialized funding products; and various loans. The company was incorporated in 2000 and is headquartered in Bois Guillaume, France. Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative operates as a subsidiary of Crédit Agricole S.A.

Earnings Per Share

As for profitability, CRCAM NORM.SEINE has a trailing twelve months EPS of €13.51.

PE Ratio

CRCAM NORM.SEINE has a trailing twelve months price to earnings ratio of 6.32. Meaning, the purchaser of the share is investing €6.32 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 3.01%.

More news about CRCAM NORM.SEINE.

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