(VIANEWS) – KID (KID.OL), GOLDEN OCEAN GROUP (GOGL.OL), CAIRN HOMES PLC (C5H.IR) 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 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. KID (KID.OL)
113.01% Payout Ratio
Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, kitchen products, lamps, napkins, oils and spices, outdoor furniture, and other interior products. The company provides its products under the Kid, Hemtex, Dekosol, and Nordun brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.
Earnings Per Share
As for profitability, KID has a trailing twelve months EPS of kr8.76.
PE Ratio
KID has a trailing twelve months price to earnings ratio of 9.44. Meaning, the purchaser of the share is investing kr9.44 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 19.66%.
More news about KID.
2. GOLDEN OCEAN GROUP (GOGL.OL)
102.62% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr-7.97.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.02%.
Volume
Today’s last reported volume for GOLDEN OCEAN GROUP is 345859 which is 60.27% below its average volume of 870563.
Revenue Growth
Year-on-year quarterly revenue growth declined by 33.5%, now sitting on 1.11B for the twelve trailing months.
Moving Average
GOLDEN OCEAN GROUP’s value is under its 50-day moving average of kr99.70 and below its 200-day moving average of kr95.65.
Sales Growth
GOLDEN OCEAN GROUP’s sales growth is negative 20.9% for the ongoing quarter and 3.6% for the next.
More news about GOLDEN OCEAN GROUP.
3. CAIRN HOMES PLC (C5H.IR)
50.88% Payout Ratio
Cairn Homes plc operates as a homebuilder in Ireland. The company develops and sells residential properties. It is also involved in the rental of properties. The company was incorporated in 2014 and is based in Dublin, Ireland
Earnings Per Share
As for profitability, CAIRN HOMES PLC has a trailing twelve months EPS of €0.017.
PE Ratio
CAIRN HOMES PLC has a trailing twelve months price to earnings ratio of 60.12. Meaning, the purchaser of the share is investing €60.12 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 10.59%.
Yearly Top and Bottom Value
CAIRN HOMES PLC’s stock is valued at €1.02 at 02:10 EST, way under its 52-week high of €1.29 and way above its 52-week low of €0.80.
Volume
Today’s last reported volume for CAIRN HOMES PLC is 168813 which is 73.81% below its average volume of 644635.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 20, 2023, the estimated forward annual dividend rate is 0.06 and the estimated forward annual dividend yield is 5.9%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.5%, now sitting on 617.36M for the twelve trailing months.
More news about CAIRN HOMES PLC.
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 722. Meaning, the purchaser of the share is investing €722 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%.
More news about TITAN CEMENT.
5. DEKUPLE (DKUPL.PA)
34.65% Payout Ratio
ADLPartner SA provides marketing solutions in France and internationally. The company markets and sells press subscriptions; and offers cross-channel marketing solutions and insurance brokerage services. It also provides consulting and technology, marketing engineering, and creator of customer relation services. The company was founded in 1972 and is based in Montreuil, France. ADLPartner SA is a subsidiary of Sogespa SAS.
Earnings Per Share
As for profitability, DEKUPLE has a trailing twelve months EPS of €1.8.
PE Ratio
DEKUPLE has a trailing twelve months price to earnings ratio of 14.62. Meaning, the purchaser of the share is investing €14.62 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 37.16%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.9%, now sitting on 177.79M for the twelve trailing months.
Volume
Today’s last reported volume for DEKUPLE is 739 which is 21.29% below its average volume of 939.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 22, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 3.42%.
More news about DEKUPLE.
6. OKEA (OKEA.OL)
31.3% Payout Ratio
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. It holds 44.56% interests in Draugen, 12% interests in Gjøa, 2.77% interests in Ivar Aasen, and 15% interests in Yme assets. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, OKEA has a trailing twelve months EPS of kr-5.89.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 35.37%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 2, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 12.74%.
Moving Average
OKEA’s value is higher than its 50-day moving average of kr31.21 and way under its 200-day moving average of kr38.08.
Volume
Today’s last reported volume for OKEA is 329399 which is 43.47% below its average volume of 582800.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 6.4B for the twelve trailing months.
More news about OKEA.
