AF GRUPPEN And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – AF GRUPPEN (AFG.OL), 2020 BULKERS (2020.OL), SPAREBANK 1 SØRØ (SOON.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 guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.

When researching 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. AF GRUPPEN (AFG.OL)

139.44% Payout Ratio

AF Gruppen ASA, a contracting and industrial company, engages in civil engineering, construction, betonmast, property, energy, environment, and offshore businesses primarily in Norway and Sweden. The company's Civil Engineering business area undertakes civil engineering and niche projects related to roads and railways, port facilities, airports, tunnels, foundation work, power, and energy, as well as onshore facilities for oil and gas. Its Construction business area develops, engineers, and constructs commercial, residential, and public buildings, as well as rehabilitation projects. The company's Betonmast business area operates as building contractor for large residential properties, and commercial and public buildings; and develops properties. Its Property business area develops residential units and commercial buildings. The company's Energy and Environment business area provides smart and energy efficient services for buildings and industry; and demolition and recycling services. Its Sweden business area engages in construction, civil engineering, property, and environmental activities. The company's offshore business area undertakes the removal, demolition, and recycling of offshore installations; and construction, modification, and maintenance works related to cranes, modules, and rig services, as well as heating, ventilation, air conditioning, and cooling systems. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AF GRUPPEN has a trailing twelve months EPS of kr7.53.

PE Ratio

AF GRUPPEN has a trailing twelve months price to earnings ratio of 18.22. Meaning, the purchaser of the share is investing kr18.22 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 27.7%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 4.55%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AF GRUPPEN’s EBITDA is 0.52.

Sales Growth

AF GRUPPEN’s sales growth is negative 1.3% for the current quarter and 0.2% for the next.

More news about AF GRUPPEN.

2. 2020 BULKERS (2020.OL)

102.5% Payout Ratio

2020 Bulkers Ltd. owns and operates large dry bulk vessels worldwide. It operates eight scrubber fitted 208,000 deadweight tonnage Newcastlemax dry bulk vessels. The company was incorporated in 2017 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, 2020 BULKERS has a trailing twelve months EPS of kr12.68.

PE Ratio

2020 BULKERS has a trailing twelve months price to earnings ratio of 8.04. Meaning, the purchaser of the share is investing kr8.04 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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 26.9%, now sitting on 71.6M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

2020 BULKERS’s EBITDA is 64.69.

More news about 2020 BULKERS.

3. SPAREBANK 1 SØRØ (SOON.OL)

54.28% Payout Ratio

SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.79.

PE Ratio

SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing kr10.35 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 10.73%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 39.5%, now sitting on 2.79B for the twelve trailing months.

More news about SPAREBANK 1 SØRØ.

4. EIFFAGE (FGR.PA)

33.12% Payout Ratio

Eiffage SA engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France and internationally. The company Construction segment offers urban development, building design and construction, property development, and maintenance and services works. Its Infrastructure segment is involved in undertaking civil engineering, road and rail design and construction, drainage, earthworks, and metallic construction. The company's Energy Systems segment designs, constructs, integrates, operates, and maintains energy and telecommunication systems and equipment. Its Concessions segment constructs and manages concession contracts and public-private partnerships. The company was incorporated in 1920 and is headquartered in Vélizy-Villacoublay, France.

Earnings Per Share

As for profitability, EIFFAGE has a trailing twelve months EPS of €9.36.

PE Ratio

EIFFAGE has a trailing twelve months price to earnings ratio of 10.15. Meaning, the purchaser of the share is investing €10.15 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 19.06%.

Moving Average

EIFFAGE’s value is under its 50-day moving average of €103.00 and below its 200-day moving average of €95.07.

More news about EIFFAGE.

Leave a Reply

Your email address will not be published. Required fields are marked *