(VIANEWS) – ABC ARBITRAGE (ABCA.PA), CREDIT AGRICOLE (ACA.PA), ASML HOLDING (ASML.AS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 issue them.
When investigating 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. ABC ARBITRAGE (ABCA.PA)
128.89% Payout Ratio
ABC arbitrage SA, together with its subsidiaries, develops arbitrage strategies for liquid assets worldwide. It develops liquidity, statistical, risk, and derivatives arbitrage strategies; and provides asset and portfolio management services. The company was incorporated in 1995 and is based in Paris, France.
Earnings Per Share
As for profitability, ABC ARBITRAGE has a trailing twelve months EPS of €0.6.
PE Ratio
ABC ARBITRAGE has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing €10.35 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 17.35%.
Yearly Top and Bottom Value
ABC ARBITRAGE’s stock is valued at €6.25 at 16:10 EST, under its 52-week low of €6.26.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 6, 2022, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 6.06%.
2. CREDIT AGRICOLE (ACA.PA)
63.64% Payout Ratio
Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking – LCL; and International Retail Banking. The company offers banking products and services, including savings and current accounts and deposits, finance, payments, and flow management services; consumer finance products; and banking and specialized financial services. It also provides wealth management services that allow individual customers to manage, protect, and transfer their assets, as well as other asset management services; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products. In addition, the company offers financing solutions for property and equipment investment and renewal requirements; trade receivable financing and management solutions for corporates; and financing services for renewable energy and public infrastructure projects, as well as leasing services. Further, it provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; and asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending and borrowing, custody, depositary bank, fund administration, middle-office outsourcing solutions, and fund distribution support and issuer services. The company serves retail customers, corporates, banks and financial institutions, government agencies, and local authorities. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boétie.
Earnings Per Share
As for profitability, CREDIT AGRICOLE has a trailing twelve months EPS of €1.59.
PE Ratio
CREDIT AGRICOLE has a trailing twelve months price to earnings ratio of 6.62. Meaning, the purchaser of the share is investing €6.62 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 8.25%.
Volume
Today’s last reported volume for CREDIT AGRICOLE is 7701260 which is 6.81% above its average volume of 7209960.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 30, 2022, the estimated forward annual dividend rate is 1.05 and the estimated forward annual dividend yield is 9.29%.
3. ASML HOLDING (ASML.AS)
45.58% Payout Ratio
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Earnings Per Share
As for profitability, ASML HOLDING has a trailing twelve months EPS of €13.92.
PE Ratio
ASML HOLDING has a trailing twelve months price to earnings ratio of 40.52. Meaning, the purchaser of the share is investing €40.52 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 59.35%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 9.5 and the estimated forward annual dividend yield is 1.62%.
4. TITAN CEMENT (TITC.BR)
45.57% 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 infrastructure, residential housing, commercial buildings, and social projects. It is also involved in the distribution of cement; processing of fly ash; sale of fly ash processing equipment; quarries and aggregates; real estate brokerage services; engineering design services for solid and liquid waste facilities; and alternative fuels. In addition, it 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 €0.02.
PE Ratio
TITAN CEMENT has a trailing twelve months price to earnings ratio of 693. Meaning, the purchaser of the share is investing €693 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 6.85%.
Volume
Today’s last reported volume for TITAN CEMENT is 2574 which is 79.6% below its average volume of 12618.
Moving Average
TITAN CEMENT’s worth is under its 50-day moving average of €14.30 and way above its 200-day moving average of €12.26.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 27, 2022, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 3.52%.
5. PARETO BANK (PARB.OL)
45.4% Payout Ratio
Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.47.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 9.13. Meaning, the purchaser of the share is investing kr9.13 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 13.81%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 3.86 and the estimated forward annual dividend yield is 6.63%.
