(VIANEWS) – ABL GROUP (ABL.OL), WEBSTEP (WSTEP.OL), TINC (TINC.BR) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio as yet. 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. 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 47.5. Meaning, the purchaser of the share is investing kr47.5 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 kr15.20 at 22:10 EST, way below its 52-week high of kr18.50 and way higher than its 52-week low of kr11.90.
Moving Average
ABL GROUP’s value is under its 50-day moving average of kr15.89 and higher than its 200-day moving average of kr14.72.
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. WEBSTEP (WSTEP.OL)
106.92% Payout Ratio
Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.4.
PE Ratio
WEBSTEP has a trailing twelve months price to earnings ratio of 21.5. Meaning, the purchaser of the share is investing kr21.5 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 11.66%.
Moving Average
WEBSTEP’s value is way higher than its 50-day moving average of kr26.69 and above its 200-day moving average of kr27.72.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 40% and 68.6%, respectively.
More news about WEBSTEP.
3. TINC (TINC.BR)
69.23% Payout Ratio
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Earnings Per Share
As for profitability, TINC has a trailing twelve months EPS of €0.78.
PE Ratio
TINC has a trailing twelve months price to earnings ratio of 15.38. Meaning, the purchaser of the share is investing €15.38 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 6.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 89.6%, now sitting on 58.93M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 24, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.52%.
More news about TINC.
4. VOSS VEKSEL OGLAND (VVL.OL)
45.23% Payout Ratio
Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.
Earnings Per Share
As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr26.09.
PE Ratio
VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing kr9.05 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 8.24%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 67.1% and 24.1%, respectively.
Volume
Today’s last reported volume for VOSS VEKSEL OGLAND is 167 which is 56.84% below its average volume of 387.
Sales Growth
VOSS VEKSEL OGLAND’s sales growth for the current quarter is 24%.
Moving Average
VOSS VEKSEL OGLAND’s value is above its 50-day moving average of kr225.52 and above its 200-day moving average of kr222.25.
More news about VOSS VEKSEL OGLAND.
5. EIFFAGE (FGR.PA)
33.12% Payout Ratio
Eiffage SA engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France and internationally. The company Construction segment offers urban development, building design and construction, property development, and maintenance and services works. Its Infrastructure segment is involved in undertaking civil engineering, road and rail design and construction, drainage, earthworks, and metallic construction. The company's Energy Systems segment designs, constructs, integrates, operates, and maintains energy and telecommunication systems and equipment. Its Concessions segment constructs and manages concession contracts and public-private partnerships. The company was incorporated in 1920 and is headquartered in Vélizy-Villacoublay, France.
Earnings Per Share
As for profitability, EIFFAGE has a trailing twelve months EPS of €9.26.
PE Ratio
EIFFAGE has a trailing twelve months price to earnings ratio of 10.78. Meaning, the purchaser of the share is investing €10.78 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 19.06%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 3.39%.
Moving Average
EIFFAGE’s value is under its 50-day moving average of €103.00 and higher than its 200-day moving average of €95.07.
More news about EIFFAGE.
