(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), COFACE (COFA.PA), TOMRA SYSTEMS (TOM.OL) 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 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. GJENSIDIGE FORSIKR (GJF.OL)
85.18% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.25.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 19.72. Meaning, the purchaser of the share is investing kr19.72 for every norwegian krone of annual earnings.
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2. COFACE (COFA.PA)
78.95% Payout Ratio
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantees. In addition, the company offers business information services through its ICON portal, an information services web platform. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. COFACE SA was founded in 1946 and is headquartered in Bois-Colombes, France.
Earnings Per Share
As for profitability, COFACE has a trailing twelve months EPS of €1.9.
PE Ratio
COFACE has a trailing twelve months price to earnings ratio of 7.39. Meaning, the purchaser of the share is investing €7.39 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 13.81%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 10.94%.
Moving Average
COFACE’s worth is higher than its 50-day moving average of €13.53 and way above its 200-day moving average of €11.82.
Yearly Top and Bottom Value
COFACE’s stock is valued at €14.05 at 22:10 EST, below its 52-week high of €14.44 and way above its 52-week low of €9.23.
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3. TOMRA SYSTEMS (TOM.OL)
47.41% Payout Ratio
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment 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 TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and 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 kr3.41.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 48.81. Meaning, the purchaser of the share is investing kr48.81 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 16.76%.
Volume
Today’s last reported volume for TOMRA SYSTEMS is 168770 which is 57.57% below its average volume of 397838.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14%, now sitting on 12.19B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 33.3% and 40%, respectively.
Yearly Top and Bottom Value
TOMRA SYSTEMS’s stock is valued at kr166.45 at 22:10 EST, way under its 52-week high of kr250.35 and way higher than its 52-week low of kr151.00.
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4. EUROCOMMERCIAL (ECMPA.AS)
39.47% Payout Ratio
At the outset Eurocommercial invested in a variety of countries, including France where the Company made its first investment in 1992 with the acquisition of Les Atlantes shopping centre in Tours. In 1994 Eurocommercial purchased Curno in Bergamo, marking its first acquisition in Italy. Eurocommercial moved into the Swedish market in 2001. It re-entered the Belgian market in 2018 with the purchase of the Woluwe shopping centre. The Company is now one of Europe's most experienced property investors with a portfolio of shopping centres of €4.1 billion.
Earnings Per Share
As for profitability, EUROCOMMERCIAL has a trailing twelve months EPS of €3.94.
PE Ratio
EUROCOMMERCIAL has a trailing twelve months price to earnings ratio of 5.44. Meaning, the purchaser of the share is investing €5.44 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 15, 2023, the estimated forward annual dividend rate is 3.1 and the estimated forward annual dividend yield is 14.9%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.9%, now sitting on 260.22M for the twelve trailing months.
Yearly Top and Bottom Value
EUROCOMMERCIAL’s stock is valued at €21.44 at 22:10 EST, way under its 52-week high of €24.65 and way above its 52-week low of €17.56.
Earnings Before Interest, Taxes, Depreciation, and Amortization
EUROCOMMERCIAL’s EBITDA is -105.08.
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