ABL GROUP And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ABL GROUP (ABL.OL), HØLAND OG SETSKOG (HSPG.OL), FRØY (FROY.OL) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio up to now. 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 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 kr0.31.

PE Ratio

ABL GROUP has a trailing twelve months price to earnings ratio of 51.29. Meaning, the purchaser of the share is investing kr51.29 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%.

Moving Average

ABL GROUP’s value is above its 50-day moving average of kr15.89 and above its 200-day moving average of kr14.72.

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 4.23%.

More news about ABL GROUP.

2. HØLAND OG SETSKOG (HSPG.OL)

68.83% Payout Ratio

Høland og Setskog Sparebank provides banking services for the retail and corporate markets in Norway. It offers deposits and loans, as well as insurance products. The company was formerly known as Holand Sparebank and changed its name to Høland og Setskog Sparebank in 2010. The company was founded in 1849 and is headquartered in Bjørkelangen, Norway.

Earnings Per Share

As for profitability, HØLAND OG SETSKOG has a trailing twelve months EPS of kr9.73.

PE Ratio

HØLAND OG SETSKOG has a trailing twelve months price to earnings ratio of 14.29. Meaning, the purchaser of the share is investing kr14.29 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 5.82%.

More news about HØLAND OG SETSKOG.

3. FRØY (FROY.OL)

57.92% Payout Ratio

Frøy ASA provides integrated service to the aquaculture industry in Norway. The company offers wellboat services, sea freight, de-lice and treatment, mooring and laying, ring washing and cage services, inspection and certification, bottom mapping and documentation, tow, and ROV and diving services, as well as drainage, inspection, and repair services. It owns and operates 19 wellboats, 64 aqua service vessels, and 3 feed transport vessels. The company was founded in 2019 and is headquartered in Sistranda, Norway.

Earnings Per Share

As for profitability, FRØY has a trailing twelve months EPS of kr2.6.

PE Ratio

FRØY has a trailing twelve months price to earnings ratio of 28.92. Meaning, the purchaser of the share is investing kr28.92 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 6.67%.

More news about FRØY.

4. PERNOD RICARD (RI.PA)

44.21% Payout Ratio

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, St Hugo, Stoneleigh, Suze, The Glenlivet, TX, Wyborowa, and Ysios. It also provides non-alcoholic beverages under the brands Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. The company was founded in 1805 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, PERNOD RICARD has a trailing twelve months EPS of €9.26.

PE Ratio

PERNOD RICARD has a trailing twelve months price to earnings ratio of 22. Meaning, the purchaser of the share is investing €22 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 14.84%.

More news about PERNOD RICARD.

5. IBERSOL,SGPS (IBS.LS)

34.62% Payout Ratio

Ibersol, S.G.P.S., S.A., through its subsidiaries, operates a network of restaurants in Portugal, Spain, and Angola. It operates restaurants under the Pizza Hut, Pasta Caffé, Pans & Company, Ribs, FrescCo, SantaMaría, Kentucky Fried Chicken, Burger King, Pans Café, Pizza Móvil, Miit, Taco Bell, Sol, Silva Carvalho Catering and Palace Catering, Goto Café, and other brands. The company was incorporated in 1985 and is headquartered in Porto, Portugal. Ibersol, S.G.P.S., S.A. is a subsidiary of ATPS – SGPS, S.A.

Earnings Per Share

As for profitability, IBERSOL,SGPS has a trailing twelve months EPS of €0.46.

PE Ratio

IBERSOL,SGPS has a trailing twelve months price to earnings ratio of 14.43. Meaning, the purchaser of the share is investing €14.43 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 5.45%.

Volume

Today’s last reported volume for IBERSOL,SGPS is 29999 which is 30.66% above its average volume of 22959.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 17, 2022, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 1.95%.

Yearly Top and Bottom Value

IBERSOL,SGPS’s stock is valued at €6.64 at 12:10 EST, below its 52-week high of €7.16 and way higher than its 52-week low of €5.00.

Moving Average

IBERSOL,SGPS’s value is below its 50-day moving average of €6.74 and above its 200-day moving average of €6.07.

More news about IBERSOL,SGPS.

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