ARENDALS FOSSEKOMP And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ARENDALS FOSSEKOMP (AFK.OL), VASTNED BELGIUM (VASTB.BR), AVANCE GAS HOLDING (AGAS.OL) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to 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 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. ARENDALS FOSSEKOMP (AFK.OL)

513.51% Payout Ratio

Arendals Fossekompani ASA, an industrial investment company, owns and operates hydropower plants in Norway, rest of Europe, Asia, and North America. The company operates through Hydropower, Group Management, Volue, NSSL Global, ENRX, Tekna, Property, and Alytic segments. It also provides software solutions, systems, and market insight that optimize production, trading, distribution, and consumption of energy, as well as infrastructure and construction projects. In addition, the company manufactures and sells materials for 3D printing for the aerospace, medical, and automotive sectors; and nanomaterials for electronics and batteries industries, as well as offers satellite communications and IT solutions. Further, it delivers green power technology based on induction technology; offers voice and data services; and owns and develops various properties. Arendals Fossekompani is an energy company that mainly delivers energy using natural resources such as water, though it also invests in other asset classes. The firm provides venture capital through its subsidiary and focuses on Norwegian start-ups in the energy, power, and technology industries. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway.

Earnings Per Share

As for profitability, ARENDALS FOSSEKOMP has a trailing twelve months EPS of kr0.76.

PE Ratio

ARENDALS FOSSEKOMP has a trailing twelve months price to earnings ratio of 229.47. Meaning, the purchaser of the share is investing kr229.47 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 0.07%.

Yearly Top and Bottom Value

ARENDALS FOSSEKOMP’s stock is valued at kr174.40 at 12:10 EST, way below its 52-week high of kr323.00 and way above its 52-week low of kr154.40.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.7%, now sitting on 4.93B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 2.56%.

Moving Average

ARENDALS FOSSEKOMP’s value is under its 50-day moving average of kr175.02 and way under its 200-day moving average of kr221.08.

More news about ARENDALS FOSSEKOMP.

2. VASTNED BELGIUM (VASTB.BR)

84.91% Payout Ratio

Vastned Belgium is a public regulated real estate company (RREC), the shares of which are listed on Euronext Brussels (VASTB). Vastned Belgium invests exclusively in Belgian commercial real estate, more specifically in multi-functional retail properties located in the popular shopping cities of Antwerp, Brussels, Ghent and Bruges. The real estate portfolio also comprises high-end retail parks and retail warehouses. A smaller part of the portfolio is invested in hospitality and residential units.

Earnings Per Share

As for profitability, VASTNED BELGIUM has a trailing twelve months EPS of €2.79.

PE Ratio

VASTNED BELGIUM has a trailing twelve months price to earnings ratio of 10.11. Meaning, the purchaser of the share is investing €10.11 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 5.94%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 2.25 and the estimated forward annual dividend yield is 8.04%.

More news about VASTNED BELGIUM.

3. AVANCE GAS HOLDING (AGAS.OL)

83.97% Payout Ratio

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2022, it owned and operated through a fleet of twelve very large gas carriers and four dual-fuel LPG newbuildings. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd operates as a subsidiary of Hemen Holding Ltd.

Earnings Per Share

As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr13.18.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 6.31. Meaning, the purchaser of the share is investing kr6.31 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 17.24%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 128.8% and 179.1%, respectively.

Moving Average

AVANCE GAS HOLDING’s value is below its 50-day moving average of kr89.27 and way higher than its 200-day moving average of kr74.01.

Yearly Top and Bottom Value

AVANCE GAS HOLDING’s stock is valued at kr83.10 at 12:10 EST, way under its 52-week high of kr103.20 and way above its 52-week low of kr44.68.

More news about AVANCE GAS HOLDING.

4. PARETO BANK (PARB.OL)

47.89% Payout Ratio

Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PARETO BANK has a trailing twelve months EPS of kr8.06.

PE Ratio

PARETO BANK has a trailing twelve months price to earnings ratio of 6.51. Meaning, the purchaser of the share is investing kr6.51 for every norwegian krone of annual earnings.

More news about PARETO BANK.

5. SAINT GOBAIN (SGO.PA)

37.66% Payout Ratio

Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe – Middle East (ME) & Africa; Americas; and Asia-Pacific. The company offers glazing solutions for buildings and cars under the Saint-Gobain, GlassSolutions, Vetrotech, and SageGlass brands; plaster-based products for construction and renovation markets under the Placo, Rigips, and Gyproc brands; ceilings under the Ecophon, CertainTeed, Eurocoustic, Sonex, or Vinh Tuong brands; and insulation solutions for a range of applications, such as construction, engine compartments, vehicle interiors, household appliances, and photovoltaic panels under the Isover, CertainTeed, and Izocam brands. It also offers mortars and building chemicals under the Weber brand; exterior products comprising asphalt and composite shingles, roll roofing systems, and accessories; and pipes under the PAM brand, as well as designs, imports, and distributes instant adhesives, sealants, and silicones. In addition, the company provides interior systems, interior and exterior insulation, cladding, floor coverings, façades and lightweight structures, waterproofing, roofing solutions, pre-assembly, and prefabrication solutions; high performance materials; glass for buildings; plasterboard; and interior glass products. Further, it distributes heavy building materials; plumbing, heating, and sanitary products; timbers and panels; civil engineering products; ceramic tiles; and site equipment and tools. The company was founded in 1665 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, SAINT GOBAIN has a trailing twelve months EPS of €5.8.

PE Ratio

SAINT GOBAIN has a trailing twelve months price to earnings ratio of 10.2. Meaning, the purchaser of the share is investing €10.2 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 12.14%.

Yearly Top and Bottom Value

SAINT GOBAIN’s stock is valued at €59.14 at 12:10 EST, under its 52-week high of €62.14 and way above its 52-week low of €35.18.

Moving Average

SAINT GOBAIN’s value is higher than its 50-day moving average of €57.61 and way above its 200-day moving average of €52.56.

More news about SAINT GOBAIN.

6. CHRISTIAN DIOR (CDI.PA)

32.69% Payout Ratio

Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather goods, wines and spirits, perfumes and cosmetics, and watches and jewelry worldwide. The company offers its fashion and leather goods under the Louis Vuitton, Fendi, Celine, Loewe, Givenchy, Kenzo, Berluti, Pucci, Loro Piana, Rimowa, and Off-White brand names; and wines and spirits under the Hennessy, Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Château d'Yquem, Belvedere, Glenmorangie, Newton Vineyards, Bodega Numanthia, Château d'Esclans, Armand de Brignac, and Joseph Phelps brands. It also provides perfumes and cosmetics under the Parfums Christian Dior, Guerlain, Parfums Givenchy, Make Up For Ever, Benefit Cosmetics, Fresh, Acqua di Parma, KVD Vegan Beauty, Fenty, Ole Henriksen, Maison Francis Kurkdjian, and Officine Universelle Buly 1803 brand names; and watches and jewelry under the Tiffany, Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred, and Repossi brands. In addition, the company operates retail stores under the DFS Galleria, Sephora, and Le Bon Marché names; publishes Le Parisien-Aujourd'hui en France, a daily newspaper; builds yachts; and operates hotel and the Cova pastry shop brand. Further, it is involved in real estate activities. The company sells its products through store network, including e-commerce websites; and agents and distributors. The company was incorporated in 1946 and is headquartered in Paris, France. Christian Dior SE (ENXTPA:CDI) operates as a subsidiary of Financière Agache Société Anonyme.

Earnings Per Share

As for profitability, CHRISTIAN DIOR has a trailing twelve months EPS of €32.1.

PE Ratio

CHRISTIAN DIOR has a trailing twelve months price to earnings ratio of 22.74. Meaning, the purchaser of the share is investing €22.74 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 31.06%.

Yearly Top and Bottom Value

CHRISTIAN DIOR’s stock is valued at €730.00 at 12:10 EST, way under its 52-week high of €872.00 and way above its 52-week low of €576.50.

More news about CHRISTIAN DIOR.

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.

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%.

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

More news about 1.

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