VEIDEKKE And 2 Other Stocks Have Very High Payout Ratio

(VIANEWS) – GECINA (GFC.PA), ALTAREA (ALTA.PA), VEIDEKKE (VEI.OL) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a guarantee 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. GECINA (GFC.PA)

231.44% Payout Ratio

A specialist in centrality and uses, Gecina operates innovative and sustainable living spaces. The real estate investment company owns, manages and develops a unique portfolio in the heart of central areas of the Paris Region, covering more than 1.2 million sq.m of offices and more than 9,000 housing units, almost three-quarters of which are located in Paris City or in Neuilly-sur-Seine. This portfolio is valued at 17.1 billion euros at end-2023. Gecina has firmly established its focus on innovation and its human approach at the heart of its strategy to create value and deliver on its purpose: “Empowering shared human experiences at the heart of our sustainable spaces”. For our 100,000 clients, this ambition is supported by our client-centric brand YouFirst. It is also positioned at the heart of UtilesEnsemble, our program setting out our solidarity-based commitments to the environment, to people and to the quality of life in cities. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20, CAC Large 60 and CAC 40 ESG indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability benchmarks and rankings (GRESB, Sustainalytics, MSCI, ISS-ESG and CDP).

Earnings Per Share

As for profitability, GECINA has a trailing twelve months EPS of €-24.2.

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 -15.34%.

Yearly Top and Bottom Value

GECINA’s stock is valued at €94.65 at 07:10 EST, way below its 52-week high of €112.70 and higher than its 52-week low of €86.40.

More news about GECINA.

2. ALTAREA (ALTA.PA)

188.32% Payout Ratio

Altarea is the French leader in low-carbon urban transformation, with the most comprehensive real estate offering to serve the city and its users. In each of its activities, the Group has all the expertise and recognised brands needed to design, develop, market and manage tailor-made real estate products. Altarea is listed in compartment A of Euronext Paris.

Earnings Per Share

As for profitability, ALTAREA has a trailing twelve months EPS of €-22.57.

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 5.01%.

Yearly Top and Bottom Value

ALTAREA’s stock is valued at €77.10 at 07:10 EST, way below its 52-week high of €132.00 and way higher than its 52-week low of €67.00.

Moving Average

ALTAREA’s value is higher than its 50-day moving average of €71.87 and way under its 200-day moving average of €94.22.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14%, now sitting on 2.83B for the twelve trailing months.

More news about ALTAREA.

3. VEIDEKKE (VEI.OL)

96.88% Payout Ratio

Veidekke ASA operates as a construction and property development company in Norway, Sweden, and Denmark. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark segments. The company executes civil engineering operation with projects in the road maintenance, railways, power production, and airport segments; and infrastructure, extractive and heavy industries, energy, and recycling facilities/landfill projects. It also operates as construction contractors for apartment complexes and non-residential buildings, such as schools, healthcare facilities, cultural buildings, office buildings, hotels, and shopping centres; and constructs commercial and residential buildings, as well as offers renovation services. In the addition, the company produces asphalt and aggregates. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.

Earnings Per Share

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

PE Ratio

VEIDEKKE has a trailing twelve months price to earnings ratio of 14.25. Meaning, the purchaser of the share is investing kr14.25 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 37.78%.

Sales Growth

VEIDEKKE’s sales growth for the current quarter is negative 2%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

VEIDEKKE’s EBITDA is 13.59.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 8, 2024, the estimated forward annual dividend rate is 7.9 and the estimated forward annual dividend yield is 6.83%.

Volume

Today’s last reported volume for VEIDEKKE is 17938 which is 91.33% below its average volume of 207020.

More news about VEIDEKKE.

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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