SUBSEA 7 And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – NORBIT (NORBT.OL), AVANCE GAS HOLDING (AGAS.OL), SUBSEA 7 (SUBC.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 until 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 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. NORBIT (NORBT.OL)

92.06% Payout Ratio

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.77.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 32.71. Meaning, the purchaser of the share is investing kr32.71 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 22.97%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.3%, now sitting on 1.55B for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 7, 2024, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 2.79%.

More news about NORBIT.

2. 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) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings. Avance Gas Holding Ltd was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.

Earnings Per Share

As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr40.92.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 3.04. Meaning, the purchaser of the share is investing kr3.04 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 17.24%.

Yearly Top and Bottom Value

AVANCE GAS HOLDING’s stock is valued at kr124.20 at 07:10 EST, way above its 52-week high of kr103.20.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AVANCE GAS HOLDING’s EBITDA is 160.25.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 265.06M for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 21.31 and the estimated forward annual dividend yield is 22.06%.

More news about AVANCE GAS HOLDING.

3. SUBSEA 7 (SUBC.OL)

77.94% Payout Ratio

Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. The company also offers engineering, procurement, commissioning, and installation of subsea umbilicals, risers, and flowlines; inspection, repair, maintenance, remote intervention, and integrity management of subsea infrastructure services; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water; and hook-up services. In addition, it operates heavy lifting operations and heavy transportation services for renewables structures; and installs offshore wind turbine foundations, as well as engages in the decommissioning of redundant offshore structures. Further, the company provides remotely operated vehicles (ROVs) and tooling services to support exploration and production activities, as well as engineering and advisory services for customers in the oil and gas, renewables, and utilities industries. The company was incorporated in 1993 and is based in Luxembourg, Luxembourg.

Earnings Per Share

As for profitability, SUBSEA 7 has a trailing twelve months EPS of kr3.68.

PE Ratio

SUBSEA 7 has a trailing twelve months price to earnings ratio of 51.63. Meaning, the purchaser of the share is investing kr51.63 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 2.73%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 246.9% and 162.3%, respectively.

Yearly Top and Bottom Value

SUBSEA 7’s stock is valued at kr190.00 at 07:10 EST, way under its 52-week high of kr218.20 and way above its 52-week low of kr129.20.

More news about SUBSEA 7.

4. KPN KON (KPN.AS)

70.83% Payout Ratio

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties. It also provides IT services, including cloud, workspace, and cybersecurity services; interconnect traffic, visitor roaming, and digital products; and NL-ix, an interconnect exchange, as well as sells handsets, peripheral equipment, and software licenses. In addition, the company offers virus and malware scanners; anti-virus licenses; 1Password, a password management tool; DNSSEC, a technology that prevents customers from being led to fake websites; KPN Veilig Netwerk Thuis, a smart network security; Censornet, which includes web security, cloud application security broker, email protection, and awareness training; SuperVision, which provides digital governance solutions for workspaces; and OneMonitoring to ensure early detection of cyber incidents. Further, it provides fiber networks; and IT services for integrating healthcare systems and optimizing communication between healthcare providers. The company distributes its products and services under the KPN, XS4ALL, Simyo, KPN Security, KPN Health, Solcon, Inspark, and KPN Partner Network brands. The company was formerly known as Koninklijke PTT Nederland NV and changed its name to Koninklijke KPN N.V. in June 1998. Koninklijke KPN N.V. was founded in 1881 and is headquartered in Rotterdam, the Netherlands.

Earnings Per Share

As for profitability, KPN KON has a trailing twelve months EPS of €0.21.

PE Ratio

KPN KON has a trailing twelve months price to earnings ratio of 17.62. Meaning, the purchaser of the share is investing €17.62 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 23.87%.

Moving Average

KPN KON’s worth is above its 50-day moving average of €3.61 and above its 200-day moving average of €3.38.

Yearly Top and Bottom Value

KPN KON’s stock is valued at €3.70 at 07:10 EST, under its 52-week high of €3.81 and way above its 52-week low of €3.08.

More news about KPN KON.

5. ODFJELL SER. A (ODF.OL)

38.11% Payout Ratio

Odfjell SE provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia. The company operates through Chemical Tankers and Tank Terminals segments. It owns and operates chemical tankers that offer global and regional transportation; and tank terminals, which provide storage of various chemical and petroleum products. As of December 31, 2023, it operated a chemical tanker fleet of 68 vessels, including 46 owned/leased, 5 operational bareboat, 14 time chartered, and 3 pool vessels. The company's terminal network consists of 459 tanks with 1.3 million cubic meters of storage capacity. Odfjell SE was incorporated in 1914 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, ODFJELL SER. A has a trailing twelve months EPS of kr34.58.

PE Ratio

ODFJELL SER. A has a trailing twelve months price to earnings ratio of 4.2. Meaning, the purchaser of the share is investing kr4.2 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 31.7%.

More news about ODFJELL SER. A.

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%.

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).

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

More news about 1.

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