(VIANEWS) – OTELLO CORPORATION (OTEC.OL), COVIVIO HOTELS (COVH.PA), TGS (TGS.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 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. OTELLO CORPORATION (OTEC.OL)
712.64% Payout Ratio
Otello Corporation ASA provides cloud-based network solutions for mobile operators. It offers RocketColony, which enables mobile operators to optimize their network performance and quality, as well as operates as a mobile media and entertainment company. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. The company was incorporated in 1995 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, OTELLO CORPORATION has a trailing twelve months EPS of kr3.23.
PE Ratio
OTELLO CORPORATION has a trailing twelve months price to earnings ratio of 2.59. Meaning, the purchaser of the share is investing kr2.59 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 6.93%.
Yearly Top and Bottom Value
OTELLO CORPORATION’s stock is valued at kr8.36 at 12:10 EST, way below its 52-week high of kr9.48 and way higher than its 52-week low of kr7.22.
More news about OTELLO CORPORATION.
2. COVIVIO HOTELS (COVH.PA)
95.42% Payout Ratio
Covivio Hotels specializes in owning business premises in the hotel sector. A listed real estate investment company (SIIC), a real estate partner of the major players in the hotel industry, Covivio Hotels holds assets worth EUR 6.4 billion (at end 2023). Covivio Hotels is graded BBB+ / Stable outlook by Standard and Poor's.
Earnings Per Share
As for profitability, COVIVIO HOTELS has a trailing twelve months EPS of €-0.08.
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 negative -0.71%.
Volume
Today’s last reported volume for COVIVIO HOTELS is 4008 which is 68.82% above its average volume of 2374.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 17, 2024, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 8.2%.
Yearly Top and Bottom Value
COVIVIO HOTELS’s stock is valued at €16.00 at 12:10 EST, way under its 52-week high of €18.30 and above its 52-week low of €15.45.
More news about COVIVIO HOTELS.
3. TGS (TGS.OL)
92.49% Payout Ratio
TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, TGS has a trailing twelve months EPS of kr6.46.
PE Ratio
TGS has a trailing twelve months price to earnings ratio of 18.3. Meaning, the purchaser of the share is investing kr18.3 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 1.72%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 273.3% and 39%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
TGS’s EBITDA is 176.88.
Yearly Top and Bottom Value
TGS’s stock is valued at kr118.20 at 12:10 EST, way under its 52-week high of kr201.20 and way higher than its 52-week low of kr94.30.
More news about TGS.
4. UMG (UMG.AS)
79.69% Payout Ratio
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres. Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.
Earnings Per Share
As for profitability, UMG has a trailing twelve months EPS of €0.64.
PE Ratio
UMG has a trailing twelve months price to earnings ratio of 43.56. Meaning, the purchaser of the share is investing €43.56 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 49.11%.
More news about UMG.
5. M.R.M (MRM.PA)
73.34% Payout Ratio
MRM is a listed real estate company that owns and manages a portfolio of retail properties across several regions of France. Its majority shareholder is SCOR SE, which owns 56.63% of share capital. MRM is listed in Compartment C of Euronext Paris (ISIN: FR00140085W6 – Bloomberg code: MRM:FP -Reuters code: MRM.PA). MRM opted for SIIC status on 1 January 2008.
Earnings Per Share
As for profitability, M.R.M has a trailing twelve months EPS of €-3.13.
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 negative -4.82%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 64.1%, now sitting on 13.21M for the twelve trailing months.
Moving Average
M.R.M’s worth is way below its 50-day moving average of €21.52 and way under its 200-day moving average of €23.68.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 12, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 9.09%.
More news about M.R.M.
6. SPBK1 NORD-NORGE (NONG.OL)
71.18% Payout Ratio
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, 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 accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge 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 kr11.52.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.3. Meaning, the purchaser of the share is investing kr8.3 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 15.39%.
More news about SPBK1 NORD-NORGE.
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%.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
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