UMG And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – PAREF (PAR.PA), SIGNIFY NV (LIGHT.AS), UMG (UMG.AS) 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 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. PAREF (PAR.PA)

176.03% Payout Ratio

Paref SA owns and manages business real estate located primarily in the Paris region. The company manages and leases real estate, offices and commercial spaces, and residences. The company also provides real estate agency services. The company was founded in 1997 and is based in Paris, France.

Earnings Per Share

As for profitability, PAREF has a trailing twelve months EPS of €-10.3.

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 -12.16%.

Yearly Top and Bottom Value

PAREF’s stock is valued at €42.80 at 07:10 EST, way below its 52-week high of €54.50 and way above its 52-week low of €38.80.

Revenue Growth

Year-on-year quarterly revenue growth declined by 19.8%, now sitting on 25.15M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 29, 2024, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 3.54%.

Volume

Today’s last reported volume for PAREF is 188 which is 26.84% below its average volume of 257.

More news about PAREF.

2. SIGNIFY NV (LIGHT.AS)

86.21% Payout Ratio

Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. Its LED, systems and services are used for various market segments comprising offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments. The company offers LED electronic components, such as LED drivers and modules to original equipment manufacturers (OEMs) for professional luminaire applications in the retail, office, industry, and outdoor segments. In addition, it produces and sells lamps based on non-LED based technologies, which comprise high intensity discharge lamps, TL, compact fluorescent, halogen, incandescent, electronic ballast and drivers, and specialty lighting products consisting of projection lighting. Signify N.V. was founded in 1891 and is based in Eindhoven, the Netherlands.

Earnings Per Share

As for profitability, SIGNIFY NV has a trailing twelve months EPS of €1.9.

PE Ratio

SIGNIFY NV has a trailing twelve months price to earnings ratio of 11.36. Meaning, the purchaser of the share is investing €11.36 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 7.47%.

More news about SIGNIFY NV.

3. UMG (UMG.AS)

75% 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 €0.83.

PE Ratio

UMG has a trailing twelve months price to earnings ratio of 27.95. Meaning, the purchaser of the share is investing €27.95 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 47.35%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 1.93%.

More news about UMG.

4. SPBK1 NORD-NORGE (NONG.OL)

56.59% 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 kr12.37.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.83. Meaning, the purchaser of the share is investing kr8.83 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 16.76%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.2%, now sitting on 5.55B for the twelve trailing months.

Sales Growth

SPBK1 NORD-NORGE’s sales growth is 20% for the current quarter and 16.3% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.42%.

Yearly Top and Bottom Value

SPBK1 NORD-NORGE’s stock is valued at kr109.20 at 07:10 EST, under its 52-week high of kr110.70 and way higher than its 52-week low of kr91.90.

More news about SPBK1 NORD-NORGE.

5. ODFJELL TECHNOLOGY (OTL.OL)

36.3% Payout Ratio

Odfjell Technology Ltd., a technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment also involves in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs, as well as rig installation services. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. It offers its services to the offshore oil and gas industry. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.

Earnings Per Share

As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr8.72.

PE Ratio

ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 6.12. Meaning, the purchaser of the share is investing kr6.12 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 35.24%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 24, 2024, the estimated forward annual dividend rate is 3.56 and the estimated forward annual dividend yield is 6.16%.

Moving Average

ODFJELL TECHNOLOGY’s value is below its 50-day moving average of kr58.72 and below its 200-day moving average of kr58.91.

Volume

Today’s last reported volume for ODFJELL TECHNOLOGY is 296730 which is 433.89% above its average volume of 55578.

More news about ODFJELL TECHNOLOGY.

6. KITRON (KIT.OL)

33.5% Payout Ratio

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer's own products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high-level assembly lines, and environmental durability testing. Its services comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance, as well as logistics and distribution, and product deployment services. The company markets its services to connectivity, electrification, industry, medical devices, and defence/aerospace sectors. Kitron ASA was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.22.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 15.71. Meaning, the purchaser of the share is investing kr15.71 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 22.67%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 2.13%.

Yearly Top and Bottom Value

KITRON’s stock is valued at kr34.88 at 07:10 EST, way below its 52-week high of kr40.54 and way higher than its 52-week low of kr27.32.

More news about KITRON.

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 ongoing quarter and 1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

More news about 1.

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