TOMRA SYSTEMS And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SOCIETE GENERALE (GLE.PA), TotalEnergiesGabon (EC.PA), SPBK1 NORD-NORGE (NONG.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 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 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. SOCIETE GENERALE (GLE.PA)

101.92% Payout Ratio

Société Générale Société anonyme provides banking and financial services to individuals, businesses, and institutional investors in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management services, and equipment and vendor finance under the Societe Generale, Credit du Nord, and Boursorama brand names; and insurance products, including home, vehicle, family, health, and mortgage insurance. The company also provides corporate and investment banking, securities, business consulting, consumer finance, advisory and financing, and asset management and private banking services. In addition, it offers brokerage, cash management, payment, factoring, export financing, and supply chain financing services. Société Générale Société anonyme was incorporated in 1864 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, SOCIETE GENERALE has a trailing twelve months EPS of €1.62.

PE Ratio

SOCIETE GENERALE has a trailing twelve months price to earnings ratio of 14.35. Meaning, the purchaser of the share is investing €14.35 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 4.11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.1%, now sitting on 23.06B for the twelve trailing months.

More news about SOCIETE GENERALE.

2. TotalEnergiesGabon (EC.PA)

95.5% Payout Ratio

TotalEnergies EP Gabon Société Anonyme engages in the mining, exploration, and production of crude oil in Gabon. It also holds interests in operated and non-operated production fields. The company was formerly known as Total Gabon. The company was incorporated in 1949 and is headquartered in Port Gentil, Gabon. TotalEnergies EP Gabon Société Anonyme is a subsidiary of TotalEnergies SE.

Earnings Per Share

As for profitability, TotalEnergiesGabon has a trailing twelve months EPS of €69.19.

PE Ratio

TotalEnergiesGabon has a trailing twelve months price to earnings ratio of 2.6. Meaning, the purchaser of the share is investing €2.6 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 18.89%.

Volume

Today’s last reported volume for TotalEnergiesGabon is 292 which is 49.82% below its average volume of 582.

Moving Average

TotalEnergiesGabon’s worth is under its 50-day moving average of €180.71 and above its 200-day moving average of €169.28.

Revenue Growth

Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 521.36M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 41.22 and the estimated forward annual dividend yield is 22.75%.

More news about TotalEnergiesGabon.

3. SPBK1 NORD-NORGE (NONG.OL)

86.59% Payout Ratio

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.44.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.07. Meaning, the purchaser of the share is investing kr10.07 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 13.71%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 8.2 and the estimated forward annual dividend yield is 8.52%.

More news about SPBK1 NORD-NORGE.

4. BOURSE DIRECT (BSD.PA)

69.97% Payout Ratio

Bourse Direct SA provides Internet stock brokerage services in France. It offers a platform of services, tools, and financial products, including French and foreign equities, derivatives, trackers, warrants, certificates, turbos, mutual funds, UCITS, and CFDs, as well as tax exemption, retirement, real estate, and life insurance products through the boursedirect.fr, capitol.fr, tradebox.fr, abssysteme.fr, wargny.com, and mesactions.com sites. The company was founded in 1996 and is headquartered in Paris, France. Bourse Direct SA is a subsidiary of E-VIEL SA.

Earnings Per Share

As for profitability, BOURSE DIRECT has a trailing twelve months EPS of €0.1.

PE Ratio

BOURSE DIRECT has a trailing twelve months price to earnings ratio of 42.2. Meaning, the purchaser of the share is investing €42.2 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 8.41%.

Yearly Top and Bottom Value

BOURSE DIRECT’s stock is valued at €4.22 at 07:10 EST, way below its 52-week high of €4.76 and way higher than its 52-week low of €2.97.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 22, 2023, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 1.91%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.8%, now sitting on 47.98M for the twelve trailing months.

Volume

Today’s last reported volume for BOURSE DIRECT is 1257 which is 77.18% below its average volume of 5509.

More news about BOURSE DIRECT.

5. TOMRA SYSTEMS (TOM.OL)

48.25% 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 kr3.39.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 50.55. Meaning, the purchaser of the share is investing kr50.55 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 15.76%.

Sales Growth

TOMRA SYSTEMS’s sales growth is 25.6% for the present quarter and 17.6% for the next.

More news about TOMRA SYSTEMS.

Leave a Reply

Your email address will not be published. Required fields are marked *