NOVABASE,SGPS And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – NOVABASE,SGPS (NBA.LS), MEDISTIM (MEDI.OL), GOLDEN OCEAN GROUP (GOGL.OL) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. NOVABASE,SGPS (NBA.LS)

195.45% Payout Ratio

Novabase S.G.P.S., S.A., through its subsidiaries, provides IT consulting and services in Portugal, rest of Europe, Africa, the Middle East, and internationally. It operates through two segments, Next-Gen and Value Portfolio. The Next-Gen segment develops IT consulting and services to banks, insurance, capital markets, and telecommunication industries under the Celfocus brand name. The Value Portfolio segment is involved in venture capital activities. Novabase S.G.P.S., S.A. was incorporated in 1989 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, NOVABASE,SGPS has a trailing twelve months EPS of €0.01.

PE Ratio

NOVABASE,SGPS has a trailing twelve months price to earnings ratio of 575. Meaning, the purchaser of the share is investing €575 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 14.03%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.9%, now sitting on 176.23M for the twelve trailing months.

Moving Average

NOVABASE,SGPS’s worth is way above its 50-day moving average of €4.62 and way higher than its 200-day moving average of €4.68.

Volume

Today’s last reported volume for NOVABASE,SGPS is 2213 which is 20.51% below its average volume of 2784.

More news about NOVABASE,SGPS.

2. MEDISTIM (MEDI.OL)

78.95% Payout Ratio

Medistim ASA develops, produces, services, leases, and distributes medical devices for cardiac and vascular surgery in the United States, Europe, Asia, and internationally. The company offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and TTFM in a single system for vascular surgery; MiraQ Ultimate that combines TTFM and ultrasound imaging in a single system for cardiac, vascular, and transplant surgery; and imaging probes for intraoperative use. It also provides QuickFit TTFM probes, which is designed to hold the vessel and ensure precise measurements on various types of vessel grafts; Vascular TTFM probes for locking slide mechanism designed to secure the vessel while minimizing the manipulation of fragile or calcified vessels; and Doppler probes that are used to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, the company distributes and sells third party medical equipment. Medistim ASA was founded in 1984 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MEDISTIM has a trailing twelve months EPS of kr5.71.

PE Ratio

MEDISTIM has a trailing twelve months price to earnings ratio of 31.96. Meaning, the purchaser of the share is investing kr31.96 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 28.31%.

More news about MEDISTIM.

3. GOLDEN OCEAN GROUP (GOGL.OL)

74.77% Payout Ratio

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr11.32.

PE Ratio

GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 12.51. Meaning, the purchaser of the share is investing kr12.51 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 11.25%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 10, 2024, the estimated forward annual dividend rate is 12.6 and the estimated forward annual dividend yield is 9.1%.

Sales Growth

GOLDEN OCEAN GROUP’s sales growth is negative 20.9% for the present quarter and 3.6% for the next.

Yearly Top and Bottom Value

GOLDEN OCEAN GROUP’s stock is valued at kr141.60 at 02:10 EST, way below its 52-week high of kr167.00 and way higher than its 52-week low of kr79.30.

More news about GOLDEN OCEAN GROUP.

4. SPBK1 HELGELAND (HELG.OL)

73.27% Payout Ratio

SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, pension, and insurance products, as well as leasing and mortgage services. The company is also involved in owning, managing, and letting of commercial properties. SpareBank 1 Helgeland was founded in 1860 and is headquartered in Mo i Rana, Norway.

Earnings Per Share

As for profitability, SPBK1 HELGELAND has a trailing twelve months EPS of kr14.7.

PE Ratio

SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing kr9.39 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 10.57%.

Volume

Today’s last reported volume for SPBK1 HELGELAND is 45 which is 99.71% below its average volume of 16011.

More news about SPBK1 HELGELAND.

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.

More news about 1.

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