(VIANEWS) – ABL GROUP (ABL.OL), ASR NEDERLAND (ASRNL.AS), BETER BED (BBED.AS) 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 promise 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. ABL GROUP (ABL.OL)
209.55% Payout Ratio
ABL Group ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and renewables market worldwide. It offers project development, owners engineering, technical due diligence, geotechnical engineering, and MOU transportation MWS services. The company also provides marine surveys, inspection and audits, marine warranty survey, marine casualty management, and expert witness and litigation services. as well as naval architecture, engineering for vessel design, conversion, upgrades, analysis, and simulation services. In addition, the company offers design, analysis services for the marine, renewables, oil, and gas, defense, and offshore infrastructure industries. Further, the company provides marine systems engineering and consulting, marine operations engineering, marine assurance, and risk services, as well as support services in witness, claims and litigation, as well as consulting, loss prevention and loss management services. Additionally, the company offers data assurance, ground models, and quantitative risk assessment. The company was formerly known as AqualisBraemar LOC ASA and changed its name to ABL Group ASA in June 2022. ABL Group ASA was incorporated in 2014 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, ABL GROUP has a trailing twelve months EPS of kr0.32.
PE Ratio
ABL GROUP has a trailing twelve months price to earnings ratio of 48.75. Meaning, the purchaser of the share is investing kr48.75 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.53%.
Yearly Top and Bottom Value
ABL GROUP’s stock is valued at kr15.60 at 02:10 EST, way below its 52-week high of kr18.50 and way higher than its 52-week low of kr11.90.
More news about ABL GROUP.
2. ASR NEDERLAND (ASRNL.AS)
58.37% 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 €4.4.
PE Ratio
ASR NEDERLAND has a trailing twelve months price to earnings ratio of 9.44. Meaning, the purchaser of the share is investing €9.44 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.26%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 2, 2023, the estimated forward annual dividend rate is 2.7 and the estimated forward annual dividend yield is 6.76%.
Moving Average
ASR NEDERLAND’s value is higher than its 50-day moving average of €39.55 and above its 200-day moving average of €41.35.
Yearly Top and Bottom Value
ASR NEDERLAND’s stock is valued at €41.55 at 02:10 EST, under its 52-week high of €46.08 and way higher than its 52-week low of €34.71.
Volume
Today’s last reported volume for ASR NEDERLAND is 189039 which is 58.45% below its average volume of 454969.
More news about ASR NEDERLAND.
3. BETER BED (BBED.AS)
40.54% Payout Ratio
Beter Bed Holding N.V. retails and wholesales bedroom furnishing products in the Netherlands and Belgium. The company offers beds, box springs, mattresses, bed bases, and bed textiles, as well as home delivery services. It operates retail stores under the Beter Bed and Beddenreus brand names. The company also markets its products under the Bright, Beter Bed Basic, Element, Kårlsson, M-concept, M line, Topcare, Wave, and Leazzzy brands, as well as through online platforms. Beter Bed Holding N.V. was founded in 1981 and is headquartered in Uden, the Netherlands.
Earnings Per Share
As for profitability, BETER BED has a trailing twelve months EPS of €0.37.
PE Ratio
BETER BED has a trailing twelve months price to earnings ratio of 8.07. Meaning, the purchaser of the share is investing €8.07 for every euro of annual earnings.
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%.
Volume
Today’s last reported volume for BETER BED is 2301 which is 76.45% below its average volume of 9774.
Moving Average
BETER BED’s worth is below its 50-day moving average of €3.04 and below its 200-day moving average of €3.05.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 5.08%.
Yearly Top and Bottom Value
BETER BED’s stock is valued at €2.99 at 02:10 EST, way below its 52-week high of €4.35 and higher than its 52-week low of €2.75.
More news about BETER BED.
4. TITAN CEMENT (TITC.BR)
32.73% Payout Ratio
Titan Cement International S.A., together with its subsidiaries, produces, distributes, and trades in a range of construction materials in Greece and Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, and internationally. The company provides cement; ready-mix concrete; aggregates and coarse materials, including sand, gravel, crushed stone, and recycled concrete; and other building materials, such as dry mortars, building blocks, fly ash, and other concrete products for the construction of roads, bridges, airports, hospitals, schools, residential housing, commercial buildings, and social projects. It is also involved in the import and distribution of cement; processing of fly ash; sale of fly ash processing equipment; quarries; real estate brokerage services; engineering design services for solid and liquid waste facilities; and alternative fuels. In addition, the company provides trading, technical and business, port, financial, preventing maintenance, insurance, and transportation services; owns and develops real estate properties; rents and leases machines, equipment, and material goods; and designs, manufactures, and markets proprietary separation equipment for dry powders. Titan Cement International S.A. was founded in 1902 and is based in Brussels, Belgium.
Earnings Per Share
As for profitability, TITAN CEMENT has a trailing twelve months EPS of €1.55.
PE Ratio
TITAN CEMENT has a trailing twelve months price to earnings ratio of 11.15. Meaning, the purchaser of the share is investing €11.15 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.19%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.3%, now sitting on 2.42B for the twelve trailing months.
Moving Average
TITAN CEMENT’s value is above its 50-day moving average of €15.97 and way higher than its 200-day moving average of €13.73.
More news about TITAN CEMENT.
