TITAN CEMENT And 2 Other Stocks Have Very High Payout Ratio

(VIANEWS) – MOWI (MOWI.OL), TOTALENERGIES (TTE.PA), TITAN CEMENT (TITC.BR) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio so far. 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. MOWI (MOWI.OL)

42.11% Payout Ratio

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr19.64.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 9.66. Meaning, the purchaser of the share is investing kr9.66 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 24.25%.

Yearly Top and Bottom Value

MOWI’s stock is valued at kr189.75 at 02:10 EST, way under its 52-week high of kr247.50 and way higher than its 52-week low of kr130.15.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 230% and 163.3%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.3%, now sitting on 5.21B for the twelve trailing months.

More news about MOWI.

2. TOTALENERGIES (TTE.PA)

34.84% Payout Ratio

TotalEnergies SE, a multi-energy company, produces and markets fuels, natural gas, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services segments. The Integrated Gas, Renewables & Power segment engages in integrated gas, including liquified natural gas (LNG), and low carbon electricity businesses; and upstream and midstream LNG activities. Its Exploration & Production segment offers carbon storage and nature-based solutions. The Refining & Chemicals segment provides refining, petrochemicals, and specialty chemicals; and supply and trading of oil, and marine shipping services. Its Marketing & Services segment engages in the supply and marketing of petroleum products. TotalEnergies SE was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. The company was founded in 1924 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, TOTALENERGIES has a trailing twelve months EPS of €7.65.

PE Ratio

TOTALENERGIES has a trailing twelve months price to earnings ratio of 7.16. Meaning, the purchaser of the share is investing €7.16 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 18.15%.

Yearly Top and Bottom Value

TOTALENERGIES’s stock is valued at €54.79 at 02:10 EST, way under its 52-week high of €60.93 and way above its 52-week low of €45.81.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8.9%, now sitting on 257.59B for the twelve trailing months.

Moving Average

TOTALENERGIES’s worth is below its 50-day moving average of €55.92 and under its 200-day moving average of €55.72.

More news about TOTALENERGIES.

3. TITAN CEMENT (TITC.BR)

32.73% Payout Ratio

Titan Cement International S.A., together with its subsidiaries, produces, distributes, and trades in a range of construction materials in Greece and Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, and internationally. The company provides cement; ready-mix concrete; aggregates and coarse materials, including sand, gravel, crushed stone, and recycled concrete; and other building materials, such as dry mortars, building blocks, fly ash, and other concrete products for the construction of roads, bridges, airports, hospitals, schools, residential housing, commercial buildings, and social projects. It is also involved in the import and distribution of cement; processing of fly ash; sale of fly ash processing equipment; quarries; real estate brokerage services; engineering design services for solid and liquid waste facilities; and alternative fuels. In addition, the company provides trading, technical and business, port, financial, preventing maintenance, insurance, and transportation services; owns and develops real estate properties; rents and leases machines, equipment, and material goods; and designs, manufactures, and markets proprietary separation equipment for dry powders. Titan Cement International S.A. was founded in 1902 and is based in Brussels, Belgium.

Earnings Per Share

As for profitability, TITAN CEMENT has a trailing twelve months EPS of €1.53.

PE Ratio

TITAN CEMENT has a trailing twelve months price to earnings ratio of 10.68. Meaning, the purchaser of the share is investing €10.68 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 11.19%.

Moving Average

TITAN CEMENT’s worth is above its 50-day moving average of €14.96 and way above its 200-day moving average of €13.18.

More news about TITAN CEMENT.

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