ABL GROUP And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ABL GROUP (ABL.OL), VRANKEN-POMMERY (VRAP.PA), GRIEG SEAFOOD (GSF.OL) 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 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 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. 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 kr0.29.

PE Ratio

ABL GROUP has a trailing twelve months price to earnings ratio of 54.31. Meaning, the purchaser of the share is investing kr54.31 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14%, now sitting on 173.43M for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.65 and the estimated forward annual dividend yield is 4.23%.

More news about ABL GROUP.

2. VRANKEN-POMMERY (VRAP.PA)

70.18% Payout Ratio

Vranken-Pommery Monopole Société Anonyme produces and sells wines and champagnes in Europe, North America, and the Asia Pacific. The company offers its products under the Champagne Charles Lafitte, Champagne Demoiselle, Champagne Pommery, Champagne Heidsieck & C° Monopole, Champagne Vranken – Diamant, Champagne Germain, Sao Pedro, Rozès, and Grifo brands. Vranken-Pommery Monopole Société Anonyme was founded in 1976 and is headquartered in Reims, France.

Earnings Per Share

As for profitability, VRANKEN-POMMERY has a trailing twelve months EPS of €1.14.

PE Ratio

VRANKEN-POMMERY has a trailing twelve months price to earnings ratio of 15.48. Meaning, the purchaser of the share is investing €15.48 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 2.59%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 11, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.27%.

More news about VRANKEN-POMMERY.

3. GRIEG SEAFOOD (GSF.OL)

37.97% Payout Ratio

Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the production and sale of Atlantic salmon. The company was founded in 1884 and is headquartered in Bergen, Norway. Grieg Seafood ASA operates as a subsidiary of Grieg Aqua AS.

Earnings Per Share

As for profitability, GRIEG SEAFOOD has a trailing twelve months EPS of kr7.9.

PE Ratio

GRIEG SEAFOOD has a trailing twelve months price to earnings ratio of 9.15. Meaning, the purchaser of the share is investing kr9.15 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 13.38%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

GRIEG SEAFOOD’s EBITDA is 15.45.

Yearly Top and Bottom Value

GRIEG SEAFOOD’s stock is valued at kr72.30 at 22:10 EST, way under its 52-week high of kr150.00 and way above its 52-week low of kr61.70.

Volume

Today’s last reported volume for GRIEG SEAFOOD is 62734 which is 78.86% below its average volume of 296828.

Sales Growth

GRIEG SEAFOOD’s sales growth is 7.1% for the present quarter and negative 12.9% for the next.

More news about GRIEG SEAFOOD.

4. CTAC (CTAC.AS)

32.35% Payout Ratio

Ctac N.V. provides business and cloud integration services primarily in the Netherlands and Belgium. The company offers cloud, programme and change management, agile consultancy, application management, license management, service desk and coordination management, implementation, and consultancy and advice services. It also provides various solutions for cloud infrastructure, SAP S/4HANA, workplace, cyber security, unified commerce, integration, data management, data and analytics, customer experience, and innovation. In addition, the company offers SAP data warehouse, security assessment, fiori, s/4 move and hana, ECC, business warehouse, analytics, and EVM; data sync manager, ometa, binder dam, winshuttle, winshuttle evolve, inriver pim, ETIM extension for inriver pim, mendix, and XV Retail; Fit4 Real Estate, omni customer loyalty, private cloud, pricing and promotion engine, and floating basket; and Microsoft azure public cloud, teams, route365 cooker session, sharepoint, and 365. It primarily serves retail, wholesale, manufacturing, real estate, and cross industries. The company was founded in 1992 and is headquartered in ‘s-Hertogenbosch, the Netherlands.

Earnings Per Share

As for profitability, CTAC has a trailing twelve months EPS of €0.34.

PE Ratio

CTAC has a trailing twelve months price to earnings ratio of 11.53. Meaning, the purchaser of the share is investing €11.53 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 17.36%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.4%, now sitting on 117.67M for the twelve trailing months.

More news about CTAC.

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