(VIANEWS) – STRONGPOINT (STRO.OL), HØLAND OG SETSKOG (HSPG.OL), COVIVIO (COV.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 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. STRONGPOINT (STRO.OL)
145.45% Payout Ratio
StrongPoint ASA develops and sells technology solutions for e-commerce and store operations in Norway, Sweden, and internationally. It offers various retail solutions, including click and collect, cash management, select and collect, self-service, and electronic shelf labelling solutions, as well as retail management software and other solutions; hardware products; and consultative services. The company sells retail solutions through third-party suppliers. It has a strategic partnership with Halodi Robotics to develop an in-store grocery retail robotics solution. The company was formerly known as PSI Group ASA and changed its name to StrongPoint ASA in September 2015. StrongPoint ASA is headquartered in Rælingen, Norway.
Earnings Per Share
As for profitability, STRONGPOINT has a trailing twelve months EPS of kr2.14.
PE Ratio
STRONGPOINT has a trailing twelve months price to earnings ratio of 11.93. Meaning, the purchaser of the share is investing kr11.93 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 5.79%.
Yearly Top and Bottom Value
STRONGPOINT’s stock is valued at kr25.60 at 07:10 EST, below its 52-week high of kr27.65 and way above its 52-week low of kr16.00.
Earnings Before Interest, Taxes, Depreciation, and Amortization
STRONGPOINT’s EBITDA is 38.1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 42.5%, now sitting on 1.37B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 3.59%.
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2. HØLAND OG SETSKOG (HSPG.OL)
68.83% Payout Ratio
Høland og Setskog Sparebank provides banking services for the retail and corporate markets in Norway. It offers deposits and loans, as well as insurance products. The company was formerly known as Holand Sparebank and changed its name to Høland og Setskog Sparebank in 2010. The company was founded in 1849 and is headquartered in Bjørkelangen, Norway.
Earnings Per Share
As for profitability, HØLAND OG SETSKOG has a trailing twelve months EPS of kr77.15.
PE Ratio
HØLAND OG SETSKOG has a trailing twelve months price to earnings ratio of 1.84. Meaning, the purchaser of the share is investing kr1.84 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 5.82%.
More news about HØLAND OG SETSKOG.
3. COVIVIO (COV.PA)
57.08% Payout Ratio
A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €25 Billion in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance.
Earnings Per Share
As for profitability, COVIVIO has a trailing twelve months EPS of €3.82.
PE Ratio
COVIVIO has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing €14.05 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 8.28%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 24, 2023, the estimated forward annual dividend rate is 3.75 and the estimated forward annual dividend yield is 7.04%.
Volume
Today’s last reported volume for COVIVIO is 32979 which is 77.99% below its average volume of 149845.
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4. TOMRA SYSTEMS (TOM.OL)
47.24% Payout Ratio
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The Recycling Mining division offers sorting systems for waste and metal material streams; and ore sorting systems for the mining industry. The Food Solutions division provides post-harvest grading and sorting solutions for fresh produce; and sorting and processing technology for the processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.
Earnings Per Share
As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr6.18.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 28.05. Meaning, the purchaser of the share is investing kr28.05 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 17.2%.
Sales Growth
TOMRA SYSTEMS’s sales growth is 15.9% for the current quarter and 12.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 33.3% and 40%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 29, 2022, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 0.95%.
More news about TOMRA SYSTEMS.
5. 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 726. Meaning, the purchaser of the share is investing €726 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%.
Volume
Today’s last reported volume for TITAN CEMENT is 11797 which is 15.24% below its average volume of 13919.
Dividend Yield
As claimed 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 3.48%.
More news about TITAN CEMENT.
6. MERSEN (MRN.PA)
33% Payout Ratio
Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through two segments, Advanced Materials and Electrical Power. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, and power transfer solutions for rail vehicles, as well as surge protection, lightning protection, and power monitoring solutions; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors, as well as industrial motor maintenance and services. It also provides anticorrosion equipment comprising heat exchangers; columns, reactors, and pressure vessels; PTFE / PFA bellows, pipes, elbows, and fittings, as well as other equipment; graphite bursting discs; and corrosion resistant materials, as well as graphite specialties, such as isostatic graphite, carbon insulation, carbon/carbon composites, silicon carbide, and flexible graphite. In addition, the company offers carbon brushes, brush-holders, brush-rockers and brush gear housings, signal and power transmission systems, current collectors, wheel flange lubrication solutions, carbon dust collection systems, monitoring solutions, and slip and electrical ring assemblies, as well as cranes. It serves energy, electronics, transportation, corrosive chemicals, and process industries, as well as other markets comprising building and construction, elevators, elevators, defense, and outdoor LED lighting, as well as heating, ventilation, and air conditioning markets. The company was formerly known as Groupe Carbone Lorraine SA and changed its name to Mersen S.A. in 2010. Mersen S.A. was founded in 1889 and is headquartered in Courbevoie, France.
Earnings Per Share
As for profitability, MERSEN has a trailing twelve months EPS of €3.21.
PE Ratio
MERSEN has a trailing twelve months price to earnings ratio of 12.73. Meaning, the purchaser of the share is investing €12.73 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 11.23%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 5, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 2.54%.
Moving Average
MERSEN’s value is under its 50-day moving average of €41.79 and way higher than its 200-day moving average of €34.90.
Volume
Today’s last reported volume for MERSEN is 4421 which is 85.69% below its average volume of 30905.
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