TUBIZE-FIN And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ABL GROUP (ABL.OL), TEXAF (TEXF.BR), TUBIZE-FIN (TUB.BR) are the highest payout ratio stocks on this list.

We have collected information about stocks with the highest payout ratio up until now. 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 issue 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. ABL GROUP (ABL.OL)

209.55% Payout Ratio

ABL Group ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and renewables market worldwide. It offers project development, owners engineering, technical due diligence, geotechnical engineering, and MOU transportation MWS services. The company also provides marine surveys, inspection and audits, marine warranty survey, marine casualty management, and expert witness and litigation services. as well as naval architecture, engineering for vessel design, conversion, upgrades, analysis, and simulation services. In addition, the company offers design, analysis services for the marine, renewables, oil, and gas, defense, and offshore infrastructure industries. Further, the company provides marine systems engineering and consulting, marine operations engineering, marine assurance, and risk services, as well as support services in witness, claims and litigation, as well as consulting, loss prevention and loss management services. Additionally, the company offers data assurance, ground models, and quantitative risk assessment. The company was formerly known as AqualisBraemar LOC ASA and changed its name to ABL Group ASA in June 2022. ABL Group ASA was incorporated in 2014 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, ABL GROUP has a trailing twelve months EPS of kr0.32.

PE Ratio

ABL GROUP has a trailing twelve months price to earnings ratio of 37.97. Meaning, the purchaser of the share is investing kr37.97 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.53%.

Volume

Today’s last reported volume for ABL GROUP is 26356 which is 71.63% below its average volume of 92912.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.65 and the estimated forward annual dividend yield is 3.76%.

More news about ABL GROUP.

2. TEXAF (TEXF.BR)

49.42% Payout Ratio

Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 332 homes, including 53 villas and 289 apartments with a residential area of 62,200 square meters; 26,300 square meters of office and commercial space; and 30,000 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. Texaf S.A. was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.

Earnings Per Share

As for profitability, TEXAF has a trailing twelve months EPS of €3.18.

PE Ratio

TEXAF has a trailing twelve months price to earnings ratio of 10.88. Meaning, the purchaser of the share is investing €10.88 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.64%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.2%, now sitting on 29.07M for the twelve trailing months.

Moving Average

TEXAF’s worth is higher than its 50-day moving average of €32.64 and higher than its 200-day moving average of €33.52.

Volume

Today’s last reported volume for TEXAF is 101 which is 81.5% below its average volume of 546.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 28, 2024, the estimated forward annual dividend rate is 1.62 and the estimated forward annual dividend yield is 4.89%.

More news about TEXAF.

3. TUBIZE-FIN (TUB.BR)

43.43% Payout Ratio

Financière de Tubize SA operates as a mono holding company whose sole investment is a stake in UCB which is a biopharma company in Belgium. The company is based in Brussels, Belgium.

Earnings Per Share

As for profitability, TUBIZE-FIN has a trailing twelve months EPS of €1.98.

PE Ratio

TUBIZE-FIN has a trailing twelve months price to earnings ratio of 45.4. Meaning, the purchaser of the share is investing €45.4 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.97%.

Yearly Top and Bottom Value

TUBIZE-FIN’s stock is valued at €89.90 at 22:10 EST, below its 52-week high of €93.40 and way above its 52-week low of €60.80.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 30, 2024, the estimated forward annual dividend rate is 0.97 and the estimated forward annual dividend yield is 1.06%.

Volume

Today’s last reported volume for TUBIZE-FIN is 9692 which is 31.61% below its average volume of 14173.

More news about TUBIZE-FIN.

4. SPAREBANKEN SØR (SOR.OL)

36.59% Payout Ratio

Sparebanken Sør operates as an independent financial institution in Norway. It operates through Retail Market and Corporate Market segment. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties, as well as insurance brokerage and property management services. It also provides non-life insurance, employers' liability insurance, and occupational pensions, car financing, and consultancy services. The company serves retail and corporate customers, including private hospital and other health enterprises, schools, daycare centers, ecclesiastical enterprises, missionary organizations, and organizations for children and young people. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.

Earnings Per Share

As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr16.41.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing kr8.47 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.9%.

More news about SPAREBANKEN SØR.

5. THERMADOR GROUPE (THEP.PA)

34.61% Payout Ratio

Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry. In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories. Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies. The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.

Earnings Per Share

As for profitability, THERMADOR GROUPE has a trailing twelve months EPS of €6.01.

PE Ratio

THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 14.69. Meaning, the purchaser of the share is investing €14.69 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.21%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 2.39%.

Moving Average

THERMADOR GROUPE’s value is higher than its 50-day moving average of €82.67 and way higher than its 200-day moving average of €79.77.

Yearly Top and Bottom Value

THERMADOR GROUPE’s stock is valued at €88.30 at 22:10 EST, way below its 52-week high of €100.40 and way above its 52-week low of €63.00.

More news about THERMADOR GROUPE.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of €1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing €1 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.

More news about 1.

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