(VIANEWS) – PROXIMUS (PROX.BR), COVIVIO (COV.PA), SPBK1 ØSTFOLD AKE (SOAG.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. PROXIMUS (PROX.BR)
85.71% Payout Ratio
Proximus PLC provides digital services and communication solutions in Belgium and internationally. It operates through Domestic, International Carrier Services, and TeleSign segments. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses; telecommunication, ICT infrastructure, multi-cloud, digital finance, cybersecurity, business applications, and managed and training services to medium and large companies, and public administrations; and ICT services to residential, business, and telecom wholesale markets. It also provides managed and platform, integrating networking, cloud, cybersecurity, and data and artificial intelligence services. In addition, the company offers international delivery authentication and digital identity services to internet brands, digital champions, and cloud native businesses. It offers its products and services under Proximus, Scarlet, Mobile Vikings, Tango, Telindus, and Telindus Netherlands brands. The company was formerly known as Belgacom SA and changed its name to Proximus PLC in June 2015. Proximus PLC was founded in 1930 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, PROXIMUS has a trailing twelve months EPS of €1.43.
PE Ratio
PROXIMUS has a trailing twelve months price to earnings ratio of 5.97. Meaning, the purchaser of the share is investing €5.97 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 14.32%.
Moving Average
PROXIMUS’s value is below its 50-day moving average of €8.82 and way under its 200-day moving average of €10.46.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 5.85B for the twelve trailing months.
More news about PROXIMUS.
2. COVIVIO (COV.PA)
57.08% Payout Ratio
A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €25 Billion in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance.
Earnings Per Share
As for profitability, COVIVIO has a trailing twelve months EPS of €6.57.
PE Ratio
COVIVIO has a trailing twelve months price to earnings ratio of 8.14. Meaning, the purchaser of the share is investing €8.14 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 8.28%.
Volume
Today’s last reported volume for COVIVIO is 29139 which is 81.4% below its average volume of 156742.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 24, 2023, the estimated forward annual dividend rate is 3.75 and the estimated forward annual dividend yield is 6.84%.
More news about COVIVIO.
3. SPBK1 ØSTFOLD AKE (SOAG.OL)
47.41% Payout Ratio
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr34.16.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.6. Meaning, the purchaser of the share is investing kr9.6 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 10.79%.
Moving Average
SPBK1 ØSTFOLD AKE’s value is higher than its 50-day moving average of kr326.96 and higher than its 200-day moving average of kr317.62.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 30, 2022, the estimated forward annual dividend rate is 16.2 and the estimated forward annual dividend yield is 4.82%.
More news about SPBK1 ØSTFOLD AKE.
4. UMICORE (UMI.BR)
33.76% Payout Ratio
Umicore SA operates as a materials technology and recycling company worldwide. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment produces automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications; stationary catalysis for industrial emissions control; and precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications. The Energy & Surface Technologies segment offers cobalt and specialty materials, rechargeable battery materials, and electro-optic materials, as well as metal deposition solutions, including electroplating and PVD coating. The Recycling segment treats waste streams containing precious and other specialty metals from a range of industrial residues and end-of-life materials. This segment also produces precious metals-based materials for glass production, electric, and electronic applications. The company was formerly known as Union Minière du Haut Katanga and changed its name to Umicore SA in 2001. Umicore SA was founded in 1805 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, UMICORE has a trailing twelve months EPS of €2.41.
PE Ratio
UMICORE has a trailing twelve months price to earnings ratio of 12.17. Meaning, the purchaser of the share is investing €12.17 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 17%.
Moving Average
UMICORE’s worth is under its 50-day moving average of €31.33 and way under its 200-day moving average of €33.04.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 1.1 and the estimated forward annual dividend yield is 3.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2%, now sitting on 25.45B for the twelve trailing months.
More news about UMICORE.
