KITRON And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ARENDALS FOSSEKOMP (AFK.OL), ASR NEDERLAND (ASRNL.AS), VITURA (VTR.PA) 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 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. 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 assets. 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 kr-2.29.

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 0.07%.

Revenue Growth

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

Volume

Today’s last reported volume for ARENDALS FOSSEKOMP is 889 which is 87.3% below its average volume of 7001.

Dividend Yield

As maintained by 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ARENDALS FOSSEKOMP’s EBITDA is 32.84.

More news about ARENDALS FOSSEKOMP.

2. ASR NEDERLAND (ASRNL.AS)

53.23% Payout Ratio

ASR Nederland N.V. provides insurance, pensions, and mortgages products for consumers, self-employed persons, and companies. It operates through five segments: Non-Life, Life, Asset Management, Distribution and Services, and Holding and Other. The company offers health, life, pension, funeral expense, and occupational disability insurance products; and non-life insurance products, including road traffic, fire, third-party liability and legal assistance insurance. It also provides financial intermediary services; and develops real estate properties, as well as operates as an asset manager for third parties. ASR Nederland N.V. offers its products under the Loyalis, Ditzo, Europeesche Verzekeringen, a.s.r. asset management, Ardanta, and a.s.r. brand names. The company was formerly known as Fortis Verzekeringen Nederland N.V. and changed its name to ASR Nederland N.V. in October 2008. ASR Nederland N.V. was founded in 1720 and is headquartered in Utrecht, the Netherlands.

Earnings Per Share

As for profitability, ASR NEDERLAND has a trailing twelve months EPS of €5.26.

PE Ratio

ASR NEDERLAND has a trailing twelve months price to earnings ratio of 8.59. Meaning, the purchaser of the share is investing €8.59 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 13.96%.

More news about ASR NEDERLAND.

3. VITURA (VTR.PA)

41.95% Payout Ratio

Founded in 2006, Vitura is a SIIC specializing in offices in Paris and Greater Paris. The total value of the portfolio was estimated as of June 30, 2023 at EUR 1,436 million excluding duties. Strongly committed to a sustainable development approach, Vitura has obtained the status of world No. 1 in the latest GRESB (Global Real Estate Sustainability Benchmark) ranking among listed office companies, as well as two Gold Awards from EPRA (European Public Real Estate Association) for the quality and transparency of its financial and non-financial communication.

Earnings Per Share

As for profitability, VITURA has a trailing twelve months EPS of €-6.96.

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 -37.85%.

More news about VITURA.

4. KITRON (KIT.OL)

33.5% Payout Ratio

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer's own products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high-level assembly lines, and environmental durability testing. Its services comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance, as well as logistics and distribution, and product deployment services. The company markets its services to connectivity, electrification, industry, medical devices, and defence/aerospace sectors. Kitron ASA was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.26.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 16.2. Meaning, the purchaser of the share is investing kr16.2 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 22.67%.

More news about KITRON.

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%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

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).

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

More news about 1.

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