ABL GROUP And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ABL GROUP (ABL.OL), TotalEnergiesGabon (EC.PA), RANA GRUBER (RANA.OL) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio as yet. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent 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 37.97. Meaning, the purchaser of the share is investing kr37.97 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 4.53%.

Yearly Top and Bottom Value

ABL GROUP’s stock is valued at kr12.15 at 16:10 EST, way below its 52-week high of kr18.50 and above its 52-week low of kr12.00.

Moving Average

ABL GROUP’s worth is way under its 50-day moving average of kr16.01 and way below its 200-day moving average of kr15.56.

Dividend Yield

As stated 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 3.76%.

More news about ABL GROUP.

2. TotalEnergiesGabon (EC.PA)

99.08% Payout Ratio

TotalEnergies EP Gabon Société Anonyme engages in the mining, exploration, and production of crude oil in Gabon. It also holds interests in operated and non-operated production fields. The company was formerly known as Total Gabon. The company was incorporated in 1949 and is headquartered in Port Gentil, Gabon. TotalEnergies EP Gabon Société Anonyme is a subsidiary of TotalEnergies SE.

Earnings Per Share

As for profitability, TotalEnergiesGabon has a trailing twelve months EPS of €72.84.

PE Ratio

TotalEnergiesGabon has a trailing twelve months price to earnings ratio of 2.28. Meaning, the purchaser of the share is investing €2.28 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 20.36%.

Yearly Top and Bottom Value

TotalEnergiesGabon’s stock is valued at €166.00 at 16:10 EST, way under its 52-week high of €190.00 and way higher than its 52-week low of €143.40.

More news about TotalEnergiesGabon.

3. RANA GRUBER (RANA.OL)

83.95% Payout Ratio

Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite that is used for metallurgical applications; magnetite to produce water treatment chemicals; and other special products, such as iron oxide pigments that is used for colorants and developed products under the Colorana brand name. It markets its products to steel manufacturers, water treatment chemical producers, as well as concrete, paint, plastics, automotive, heat management, and toner production industry sectors. The company also exports its products mainly to European customers. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.

Earnings Per Share

As for profitability, RANA GRUBER has a trailing twelve months EPS of kr13.21.

PE Ratio

RANA GRUBER has a trailing twelve months price to earnings ratio of 5.97. Meaning, the purchaser of the share is investing kr5.97 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 56.8%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 19, 2024, the estimated forward annual dividend rate is 17.08 and the estimated forward annual dividend yield is 22.5%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 62%, now sitting on 1.93B for the twelve trailing months.

More news about RANA GRUBER.

4. AIR LIQUIDE (AI.PA)

48.6% Payout Ratio

L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors. This segment also includes healthcare business, which provides medical gases, home healthcare services, medical equipment, and specialty ingredient to patients, healthcare professionals, and hospitals; and electronic business supply carrier gases, electronic specialty and advanced materials, equipment and installation, and service to semiconductor, flat panel, and photovoltaic markets. The Engineering & Construction segment designs, develops, and builds industrial gas production plants to third parties; and design and manufacture plants in traditional, renewable and alternative energy sectors. The Global Markets & Technologies segment delivers technological solutions, such as molecules, equipment, and services to energy transition and deep technology. This segment also invests in and operates biomethane production units; designs hydrogen refueling stations; and supplies gases for the offshore oil and gas platforms, offshore wind turbines, and cryogenic transportation by sea. L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, AIR LIQUIDE has a trailing twelve months EPS of €5.87.

PE Ratio

AIR LIQUIDE has a trailing twelve months price to earnings ratio of 32.91. Meaning, the purchaser of the share is investing €32.91 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 13.73%.

More news about AIR LIQUIDE.

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%.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 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).

More news about 1.

Leave a Reply

Your email address will not be published. Required fields are marked *