(VIANEWS) – WEBSTEP (WSTEP.OL), VEIDEKKE (VEI.OL), BOIRON (BOI.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. WEBSTEP (WSTEP.OL)
120.57% Payout Ratio
Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.41.
PE Ratio
WEBSTEP has a trailing twelve months price to earnings ratio of 21.42. Meaning, the purchaser of the share is investing kr21.42 for every norwegian krone of annual earnings.
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2. VEIDEKKE (VEI.OL)
86.42% Payout Ratio
Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering and renovation projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the civil engineering, recycling, and asphalting projects, as well as constructs commercial and residential buildings. 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 kr8.1.
PE Ratio
VEIDEKKE has a trailing twelve months price to earnings ratio of 13.65. Meaning, the purchaser of the share is investing kr13.65 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 37.83%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 7.75 and the estimated forward annual dividend yield is 7.33%.
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3. BOIRON (BOI.PA)
32.87% Payout Ratio
Boiron SA manufactures and sells homeopathic medicines in France, rest of Europe, North America, and internationally. The company offers non-proprietary homeopathic medicines and homeopathic specialties; and other healthcare products include medical devices, invitro diagnostics, dietary supplements, cosmetics, and phytotherapy. It also provides homeopathic specialties comprising Oscillococcinum to treat influenza symptoms, such as fever, chills, headaches, and aches; Stodal and Stodaline for treating coughs; Arnigel for adjunctive local treatment of benign trauma in the absence of open wounds; Camilia for the treatment of teething problems for babies; Sédatif PC to treat anxiety and emotional, and minor sleep disorders; Coryzalia for the treatment of cold symptoms and rhinitis; Homéoptic to treat eye discomfort and irritation due to various causes for adults and children; Homéovox for vocal disorders; Homéoplasmine for treating irritated skin and redness; Varésol to treat symptoms of chickenpox; and Arnicare Arthritis for use in the treatment of benign trauma pain. In addition, it offers Dermoplasmine, a plant based multi-use balm that repairs and protects irritated and damaged skin; COVID self-tests and rapid antigenic tests; LABIAMEO, that used to treat outbreaks of localized cold sores; and CONVAMEO to treat physical and mental asthenia. The company offers its products through distribution centers, pharmacies, pharmacy chains, wholesalers, grocery and drugstores, health food stores, and online retail. Boiron SA was founded in 1932 and is headquartered in Messimy, France.
Earnings Per Share
As for profitability, BOIRON has a trailing twelve months EPS of €2.89.
PE Ratio
BOIRON has a trailing twelve months price to earnings ratio of 13.82. Meaning, the purchaser of the share is investing €13.82 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 8.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 534.24M for the twelve trailing months.
Yearly Top and Bottom Value
BOIRON’s stock is valued at €39.95 at 17:10 EST, way below its 52-week high of €53.20 and higher than its 52-week low of €37.00.
Moving Average
BOIRON’s value is above its 50-day moving average of €38.99 and under its 200-day moving average of €43.30.
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4. HEINEKEN HOLDING (HEIO.AS)
31.33% Payout Ratio
Heineken Holding N.V., through its subsidiaries, engages in brewing and selling beer and cider in the Netherlands and internationally. The company's portfolio consists of approximately 300 international, regional, local, and specialty beers and ciders. The company was founded in 1864 and is based in Amsterdam, the Netherlands. Heineken Holding N.V. is a subsidiary of L'Arche Green N.V.
Earnings Per Share
As for profitability, HEINEKEN HOLDING has a trailing twelve months EPS of €4.66.
PE Ratio
HEINEKEN HOLDING has a trailing twelve months price to earnings ratio of 17.02. Meaning, the purchaser of the share is investing €17.02 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 14.6%.
Moving Average
HEINEKEN HOLDING’s value is below its 50-day moving average of €84.39 and above its 200-day moving average of €76.92.
Yearly Top and Bottom Value
HEINEKEN HOLDING’s stock is valued at €79.30 at 17:10 EST, way below its 52-week high of €88.85 and way above its 52-week low of €62.90.
Volume
Today’s last reported volume for HEINEKEN HOLDING is 22564 which is 83.57% below its average volume of 137370.
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