(VIANEWS) – VÅR ENERGI (VAR.OL), FLEX LNG (FLNG.OL), MONTEA (MONT.BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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. VÅR ENERGI (VAR.OL)
149.62% Payout Ratio
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Vår Energi AS is a subsidiary of Eni International B.V.
Earnings Per Share
As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr3.23.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 9.7. Meaning, the purchaser of the share is investing kr9.7 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 55.3%.
More news about VÅR ENERGI.
2. FLEX LNG (FLNG.OL)
112.36% Payout Ratio
Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. It also provides chartering services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, FLEX LNG has a trailing twelve months EPS of kr28.54.
PE Ratio
FLEX LNG has a trailing twelve months price to earnings ratio of 11.21. Meaning, the purchaser of the share is investing kr11.21 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 16.13%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
FLEX LNG’s EBITDA is 88.24.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 31.6 and the estimated forward annual dividend yield is 9.87%.
Moving Average
FLEX LNG’s worth is below its 50-day moving average of kr322.15 and below its 200-day moving average of kr335.96.
More news about FLEX LNG.
3. MONTEA (MONT.BR)
78.2% Payout Ratio
Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specialises in logistical property in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space they need to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 31/03/2023 the property portfolio represented a total space of 1,889,054 m² spread across 92 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.
Earnings Per Share
As for profitability, MONTEA has a trailing twelve months EPS of €4.2.
PE Ratio
MONTEA has a trailing twelve months price to earnings ratio of 17.74. Meaning, the purchaser of the share is investing €17.74 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 6.28%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MONTEA’s EBITDA is 18.41.
Sales Growth
MONTEA’s sales growth is 5% for the ongoing quarter and 25.8% for the next.
Volume
Today’s last reported volume for MONTEA is 7725 which is 27.8% below its average volume of 10700.
More news about MONTEA.
4. JÆREN SPAREBANK (JAREN.OL)
55.56% Payout Ratio
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr22.5.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.11. Meaning, the purchaser of the share is investing kr11.11 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 9.8%.
Volume
Today’s last reported volume for JÆREN SPAREBANK is 383 which is 136.41% above its average volume of 162.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 1.6% and positive 39.7% for the next.
More news about JÆREN SPAREBANK.
5. SIPEF (SIP.BR)
45.09% Payout Ratio
Sipef NV operates as an agro-industrial company. It operates through Palm, Rubber, Tea, and Bananas and Plants segments. The company offers crude palm oil, palm kernels, and palm kernel oil; ribbed smoked sheets, and scraps and lumps; cut, tear, and curl tea; and bananas and plants from Ivory Coast. It has operations in Indonesia, Papua New Guinea, Ivory Coast, Singapore, Europe, and internationally. The company was incorporated in 1919 and is headquartered in Schoten, Belgium.
Earnings Per Share
As for profitability, SIPEF has a trailing twelve months EPS of €6.7.
PE Ratio
SIPEF has a trailing twelve months price to earnings ratio of 8.21. Meaning, the purchaser of the share is investing €8.21 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 9.39%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12.5%, now sitting on 496.25M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 3, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 5.51%.
More news about SIPEF.
6. LOTUS BAKERIES (LOTB.BR)
32.81% Payout Ratio
Lotus Bakeries NV, together with its subsidiaries, engages in the provision of various snack products in Belgium and internationally. The company offers biscuits, cookies, crackers, gingerbreads, cakes, cake specialties, waffles, and pepparkakor biscuits. It also provides energy bars, protein flapjacks, protein nut bars, healthy snacks, ice creams, and spreads. The company sells its products under the Lotus, Lotus Biscoff, nakd, TREK, BEAR, Kiddylicious, Peter's Yard, Dinosaurus, Peijnenburg, Snelle Jelle, Annas, Lotus Suzy, Lotus Tartélice lemon, Kung Oscar, and Urban Fruit brands. The company was founded in 1932 and is headquartered in Lembeke, Belgium. Lotus Bakeries NV is a subsidiary of Stichting Administratiekantoor van Aandelen Lotus Bakeries.
Earnings Per Share
As for profitability, LOTUS BAKERIES has a trailing twelve months EPS of €137.2.
PE Ratio
LOTUS BAKERIES has a trailing twelve months price to earnings ratio of 52.19. Meaning, the purchaser of the share is investing €52.19 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 19.81%.
More news about LOTUS BAKERIES.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
More news about 1.
