(VIANEWS) – OLAV THON EIENDOMS (OLT.OL), BOUVET (BOUV.OL), SPBK1 NORD-NORGE (NONG.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 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. OLAV THON EIENDOMS (OLT.OL)
92.86% Payout Ratio
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden. It operates in Shopping Center and Commercial Property segments. The company operates retail, offices, logistics, hotel properties, and residential rentals. It is also involved in the property development and management business. The company was founded in 1982 and is based in Oslo, Norway. Olav Thon Eiendomsselskap ASA is a subsidiary of Olav Thon Gruppen AS.
Earnings Per Share
As for profitability, OLAV THON EIENDOMS has a trailing twelve months EPS of kr-10.99.
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 negative -3.74%.
More news about OLAV THON EIENDOMS.
2. BOUVET (BOUV.OL)
74.43% Payout Ratio
Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, BOUVET has a trailing twelve months EPS of kr3.14.
PE Ratio
BOUVET has a trailing twelve months price to earnings ratio of 20. Meaning, the purchaser of the share is investing kr20 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 60.9%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 3.22B for the twelve trailing months.
Volume
Today’s last reported volume for BOUVET is 18359 which is 55.86% below its average volume of 41601.
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3. SPBK1 NORD-NORGE (NONG.OL)
61.3% Payout Ratio
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr11.42.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.54. Meaning, the purchaser of the share is investing kr8.54 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 16.21%.
Volume
Today’s last reported volume for SPBK1 NORD-NORGE is 63234 which is 42.88% below its average volume of 110710.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.99%.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 19.6% for the current quarter and 16.3% for the next.
More news about SPBK1 NORD-NORGE.
4. CORTICEIRA AMORIM (COR.LS)
43.41% Payout Ratio
Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products in Europe, the United States, Portugal, Australasia, and Africa. The company operates through Amorim Florestal, Amorim Cork, Amorim Cork Flooring, Amorim Cork Composites, Amorim Cork Insulation, and Corticeira Amorim and Others segments. It offers raw materials for cork and agroforestry markets; and cork stoppers for still and sparkling wine, spirit, beer, and cider industries. The company also provides cork composite solutions for use in various applications, such as aerospace, mobility, energy, sealing, construction, sports and recreational surfaces, maritime, flooring, home, office and leisure goods, footwear, toys, and footwear. In addition, it offers insulation cork materials for use in sustainable construction/insulation, and interior and exterior designing; and flooring solutions to floor and wall coverings markets. The company was founded in 1870 and is headquartered in Mozelos, Portugal. Corticeira Amorim, S.G.P.S., S.A. operates as a subsidiary of Amorim Investimentos e Participações, S.G.P.S., S.A.
Earnings Per Share
As for profitability, CORTICEIRA AMORIM has a trailing twelve months EPS of €0.61.
PE Ratio
CORTICEIRA AMORIM has a trailing twelve months price to earnings ratio of 15.8. Meaning, the purchaser of the share is investing €15.8 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 13.06%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 985.5M for the twelve trailing months.
Yearly Top and Bottom Value
CORTICEIRA AMORIM’s stock is valued at €9.64 at 12:10 EST, below its 52-week high of €10.62 and higher than its 52-week low of €8.88.
More news about CORTICEIRA AMORIM.
5. BORREGAARD (BRG.OL)
34.69% Payout Ratio
Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry. The BioMaterials segment offers specialty cellulose for use as a raw material in the production of cellulose ethers, cellulose acetate, and other specialty products; and cellulose fibrils for industrial applications. The Fine Chemicals segment provides fine chemical intermediates for contrast agents; and advanced bioethanol products. Borregaard ASA was incorporated in 2012 and is headquartered in Sarpsborg, Norway.
Earnings Per Share
As for profitability, BORREGAARD has a trailing twelve months EPS of kr8.4.
PE Ratio
BORREGAARD has a trailing twelve months price to earnings ratio of 22.52. Meaning, the purchaser of the share is investing kr22.52 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 22.37%.
Moving Average
BORREGAARD’s value is way above its 50-day moving average of kr162.74 and way above its 200-day moving average of kr166.30.
Yearly Top and Bottom Value
BORREGAARD’s stock is valued at kr189.20 at 12:10 EST, below its 52-week high of kr192.20 and way above its 52-week low of kr122.60.
Earnings Before Interest, Taxes, Depreciation, and Amortization
BORREGAARD’s EBITDA is 2.38.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 3.25 and the estimated forward annual dividend yield is 2.08%.
More news about BORREGAARD.
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%.
More news about 1.
