STRONGPOINT And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – STRONGPOINT (STRO.OL), GOLDEN OCEAN GROUP (GOGL.OL), SWORD GROUP (SWP.PA) are the highest payout ratio stocks on this list.

We have congregated information regarding stocks with the highest payout ratio so far. 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. STRONGPOINT (STRO.OL)

121.21% Payout Ratio

StrongPoint ASA engages in the development, sale, and implementation of integrated technology solutions for stores and e-commerce operations in Norway, Sweden, and internationally. It offers various products and solutions comprising electronic shelf labels, scales and wrapping systems, and grocery robots; order and in-store picking, home delivery, grocery lockers, drive-through, and autostore microfulfilment solutions; cash management systems; and shop fitting services, as well as other retail technology and self-checkout solutions. The company also provides ShopFlow Logistics, a cloud based mobile logistics system for handling routines that include receiving goods, inventory, balance adjustment, ordering labels printing, and waste management; and Vensafe, which automates in-store sales of restricted and theft-prone products. It has a strategic partnership with Halodi Robotics to develop robotic solutions for the grocery retail sector. The company was formerly known as PSI Group ASA and changed its name to StrongPoint ASA in September 2015. StrongPoint ASA was incorporated in 2000 and is headquartered in Rælingen, Norway.

Earnings Per Share

As for profitability, STRONGPOINT has a trailing twelve months EPS of kr0.66.

PE Ratio

STRONGPOINT has a trailing twelve months price to earnings ratio of 31.82. Meaning, the purchaser of the share is investing kr31.82 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 5.97%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 4.17%.

Moving Average

STRONGPOINT’s worth is way under its 50-day moving average of kr23.60 and under its 200-day moving average of kr21.72.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.8%, now sitting on 1.45B for the twelve trailing months.

More news about STRONGPOINT.

2. GOLDEN OCEAN GROUP (GOGL.OL)

101.23% Payout Ratio

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr18.

PE Ratio

GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 4.66. Meaning, the purchaser of the share is investing kr4.66 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 17.52%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 12.77 and the estimated forward annual dividend yield is 16.21%.

Volume

Today’s last reported volume for GOLDEN OCEAN GROUP is 107342 which is 84.31% below its average volume of 684459.

Sales Growth

GOLDEN OCEAN GROUP’s sales growth is negative 20.9% for the present quarter and 3.6% for the next.

Yearly Top and Bottom Value

GOLDEN OCEAN GROUP’s stock is valued at kr83.90 at 02:10 EST, way below its 52-week high of kr152.90 and above its 52-week low of kr76.98.

More news about GOLDEN OCEAN GROUP.

3. SWORD GROUP (SWP.PA)

86.88% Payout Ratio

Sword Group S.E. provides IT and digital transformation services in Europe, the United States, the Oceania, and Asia. The company provides information systems integration and engineering services, including strategic and operational consulting, solution engineering and application development, project ownership support and project management support, infrastructure management and application maintenance for third parties, and resource outsourcing. Its products include Sword Phusion, an engineering information management software; Sword Tell, a CAD software for watch manufacturers and other industry sectors; Sword Venue, an event planning, collaboration, and organization software; and Sword Aequos that helps organizations to focus on their main business by implementing optimal collaborative tools and solutions supporting their day-to-day reality. The company serves banking and insurance, finance, industry, energy, public services, health, telco, government, and other markets. Sword Group S.E. was founded in 2000 and is headquartered in Windhof, Luxembourg.

Earnings Per Share

As for profitability, SWORD GROUP has a trailing twelve months EPS of €11.51.

PE Ratio

SWORD GROUP has a trailing twelve months price to earnings ratio of 3.62. Meaning, the purchaser of the share is investing €3.62 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 112.09%.

Yearly Top and Bottom Value

SWORD GROUP’s stock is valued at €41.65 at 02:10 EST, way below its 52-week high of €53.00 and way above its 52-week low of €35.10.

Volume

Today’s last reported volume for SWORD GROUP is 1300 which is 72.44% below its average volume of 4718.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 1.7 and the estimated forward annual dividend yield is 4.36%.

More news about SWORD GROUP.

4. CAIRN HOMES PLC (C5H.IR)

50.88% Payout Ratio

Cairn Homes plc operates as a homebuilder in Ireland. It is involved in the development and sale of residential properties, as well as rental of properties. The company was incorporated in 2014 and is based in Dublin, Ireland.

Earnings Per Share

As for profitability, CAIRN HOMES PLC has a trailing twelve months EPS of €0.11.

PE Ratio

CAIRN HOMES PLC has a trailing twelve months price to earnings ratio of 10.09. Meaning, the purchaser of the share is investing €10.09 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 10.59%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 20, 2023, the estimated forward annual dividend rate is 0.06 and the estimated forward annual dividend yield is 5.89%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.5%, now sitting on 617.36M for the twelve trailing months.

Moving Average

CAIRN HOMES PLC’s value is above its 50-day moving average of €1.04 and way higher than its 200-day moving average of €0.97.

More news about CAIRN HOMES PLC.

5. SMARTPHOTO GROUP (SMAR.BR)

46.67% Payout Ratio

Smartphoto Group NV engages in the B2C e-commerce business in Europe. The company offers personalized products, including gifts, cards, photo books, photo calendars, prints, and wall decoration under the smartphoto brand name. It also engages in the e-commerce distribution of personalized gift packages with chocolate, alcohol, fruit, and flowers under the Nayan brand name through websites comprising Gift.be and GiftsforEurope.com. The company was formerly known as Spector Photo Group NV and changed its name to Smartphoto Group NV in May 2013. Smartphoto Group NV was founded in 1964 and is based in Wetteren, Belgium.

Earnings Per Share

As for profitability, SMARTPHOTO GROUP has a trailing twelve months EPS of €1.45.

PE Ratio

SMARTPHOTO GROUP has a trailing twelve months price to earnings ratio of 19.1. Meaning, the purchaser of the share is investing €19.1 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 11.25%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.62%.

Moving Average

SMARTPHOTO GROUP’s value is below its 50-day moving average of €28.92 and under its 200-day moving average of €29.94.

Volume

Today’s last reported volume for SMARTPHOTO GROUP is 65 which is 94.39% below its average volume of 1159.

Sales Growth

SMARTPHOTO GROUP’s sales growth for the current quarter is 33.6%.

More news about SMARTPHOTO GROUP.

6. NORSK HYDRO (NHY.OL)

35.49% Payout Ratio

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Hydro Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Hydro Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Hydro Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NORSK HYDRO has a trailing twelve months EPS of kr9.47.

PE Ratio

NORSK HYDRO has a trailing twelve months price to earnings ratio of 7.43. Meaning, the purchaser of the share is investing kr7.43 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 24.86%.

More news about NORSK HYDRO.

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