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TOYOTA CAETANO And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SALMAR (SALM.OL), TOYOTA CAETANO (SCT.LS), MOWI (MOWI.OL) are the highest payout ratio stocks on this list.

We have congregated information concerning stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. SALMAR (SALM.OL)

66.89% Payout Ratio

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr31.89.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing kr14.34 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 20.22%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 45%, now sitting on 22.13B for the twelve trailing months.

Yearly Top and Bottom Value

SALMAR’s stock is valued at kr457.40 at 12:10 EST, way under its 52-week high of kr717.50 and way higher than its 52-week low of kr305.00.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 80% and a drop 31.1% for the next.

More news about SALMAR.

2. TOYOTA CAETANO (SCT.LS)

47.28% Payout Ratio

Toyota Caetano Portugal, S.A. imports, assembles, and commercializes light and heavy vehicles. It offers commercial and passenger cars, as well as parts; cargo handling machines; and mini-buses. The company also sells and rents industrial equipment, including counterweight forklift trucks and warehouse equipment; provides technical after-sales assistance; incorporates components into commercial vehicles; and offers business services and solutions, such as short-term rental, used and reconditioned assistance, maintenance contracts sale of parts, and fleet management of related equipment. It distributes its products under the Toyota and Lexus brand names in Portugal, Belgium, African countries, Spain, Germany, the United Kingdom, and internationally. The company was incorporated in 1946 and is headquartered in Vila Nova de Gaia, Portugal. Toyota Caetano Portugal, S.A. is a subsidiary of Salvador Caetano Auto (S.G.P.S.), S.A.

Earnings Per Share

As for profitability, TOYOTA CAETANO has a trailing twelve months EPS of €0.33.

PE Ratio

TOYOTA CAETANO has a trailing twelve months price to earnings ratio of 15.15. Meaning, the purchaser of the share is investing €15.15 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 9.52%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2023, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 5.53%.

Moving Average

TOYOTA CAETANO’s value is under its 50-day moving average of €5.24 and way higher than its 200-day moving average of €4.35.

Yearly Top and Bottom Value

TOYOTA CAETANO’s stock is valued at €5.00 at 12:10 EST, way below its 52-week high of €6.50 and way higher than its 52-week low of €3.50.

Volume

Today’s last reported volume for TOYOTA CAETANO is 2 which is 99.05% below its average volume of 212.

More news about TOYOTA CAETANO.

3. MOWI (MOWI.OL)

42.11% Payout Ratio

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr18.64.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 9.53. Meaning, the purchaser of the share is investing kr9.53 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 24.25%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MOWI’s EBITDA is 259.21.

Yearly Top and Bottom Value

MOWI’s stock is valued at kr177.55 at 12:10 EST, way below its 52-week high of kr230.30 and way higher than its 52-week low of kr130.15.

More news about MOWI.

4. GRIEG SEAFOOD (GSF.OL)

37.97% Payout Ratio

Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the production and sale of Atlantic salmon. The company was founded in 1884 and is headquartered in Bergen, Norway. Grieg Seafood ASA operates as a subsidiary of Grieg Aqua AS.

Earnings Per Share

As for profitability, GRIEG SEAFOOD has a trailing twelve months EPS of kr7.9.

PE Ratio

GRIEG SEAFOOD has a trailing twelve months price to earnings ratio of 9.27. Meaning, the purchaser of the share is investing kr9.27 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 13.38%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 70.3% and a negative 49.7%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

GRIEG SEAFOOD’s EBITDA is 15.45.

More news about GRIEG SEAFOOD.

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