(VIANEWS) – IMMOBEL (IMMO.BR), ABL GROUP (ABL.OL), STRONGPOINT (STRO.OL) 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 guarantee 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. IMMOBEL (IMMO.BR)
283.72% Payout Ratio
Immobel SA engages in the real estate development business in Belgium, Luxemburg, France, Germany, Poland, and Spain. The company undertakes office, residential, and retail projects, as well as develops real estate projects for living, working, and recreational activities. It also provides project management and leasing services. The company was formerly known as Allfin NV and changed its name to Immobel SA in June 2016. The company was incorporated in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, IMMOBEL has a trailing twelve months EPS of €1.07.
PE Ratio
IMMOBEL has a trailing twelve months price to earnings ratio of 32.34. Meaning, the purchaser of the share is investing €32.34 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 1.79%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 47.6%, now sitting on 236.31M for the twelve trailing months.
Moving Average
IMMOBEL’s value is under its 50-day moving average of €37.29 and way below its 200-day moving average of €44.71.
More news about IMMOBEL.
2. 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 claimed 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 3.86%.
Yearly Top and Bottom Value
ABL GROUP’s stock is valued at kr15.75 at 07:10 EST, way under its 52-week high of kr18.50 and way higher than its 52-week low of kr12.00.
More news about ABL GROUP.
3. STRONGPOINT (STRO.OL)
169.81% Payout Ratio
StrongPoint ASA engages in the development, sale, and implementation of integrated technology solutions for stores and e-commerce operations in Norway, Sweden, and internationally. It offers various products and solutions comprising electronic shelf labels, scales and wrapping systems, and grocery robots; order and in-store picking, home delivery, grocery lockers, drive-through, and autostore microfulfilment solutions; cash management systems; and shop fitting services, as well as other retail technology and self-checkout solutions. The company also provides ShopFlow Logistics, a cloud based mobile logistics system for handling routines that include receiving goods, inventory, balance adjustment, ordering labels printing, and waste management; and Vensafe, which automates in-store sales of restricted and theft-prone products. It has a strategic partnership with Halodi Robotics to develop robotic solutions for the grocery retail sector. The company was formerly known as PSI Group ASA and changed its name to StrongPoint ASA in September 2015. StrongPoint ASA was incorporated in 2000 and is headquartered in Rælingen, Norway.
Earnings Per Share
As for profitability, STRONGPOINT has a trailing twelve months EPS of kr0.53.
PE Ratio
STRONGPOINT has a trailing twelve months price to earnings ratio of 36.6. Meaning, the purchaser of the share is investing kr36.6 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 4.94%.
More news about STRONGPOINT.
4. HAL TRUST (HAL.AS)
38.67% Payout Ratio
HAL Trust, together with its subsidiaries, operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally. The company operates through Unquoted, Quoted Minority Interests, Real Estates, and Liquid Portfolio segments. It engages in production of composite panels; residential construction, utility construction, project development, and renovation activities; supply of timber products and building materials; and develop, distributes, and e-commerce computer gaming equipment. The company also provides furniture and fit-out services; sells medical and hearing aid products; offers shipping, greenhouse construction, information and data, credit management, and factoring services; and operates temporary staffing agency, optical retail chain, mortgage funding, and greenhouse projects, as well as offers certification and benchmarking human resource polices. In addition, it manufactures and distributes optical frames and sunglasses; design, builds, installs, and operates offshore floating facilities, as well as provides tank storage services; publishes financial newspaper Het Financieele Dagblad; operates the radio station BNR Nieuwsradio; and offers the information and data services provider Company.info. Further, the company engages in the development and rental of retail centers, multi-family properties, and office buildings; investment in grade bonds; and provision of financial assets, including marketable securities and cash-equivalent instruments. Additionally, it invests in GHG reduction projects; and offers financial services, building materials, orthopedic devices, and tank terminal services. The company was founded in 1873 and is based in Willemstad, Curaçao.
Earnings Per Share
As for profitability, HAL TRUST has a trailing twelve months EPS of €7.23.
PE Ratio
HAL TRUST has a trailing twelve months price to earnings ratio of 15.49. Meaning, the purchaser of the share is investing €15.49 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 3.3%.
Yearly Top and Bottom Value
HAL TRUST’s stock is valued at €112.00 at 07:10 EST, way under its 52-week high of €129.60 and above its 52-week low of €107.00.
Volume
Today’s last reported volume for HAL TRUST is 2303 which is 68.05% below its average volume of 7210.
Moving Average
HAL TRUST’s value is under its 50-day moving average of €119.31 and under its 200-day moving average of €122.33.
Revenue Growth
Year-on-year quarterly revenue growth grew by 67.7%, now sitting on 10.92B for the twelve trailing months.
More news about HAL TRUST.
5. ELOPAK (ELO.OL)
36.97% Payout Ratio
Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally. It offers Pure-Pak cartons for chilled and aseptic applications; common roll fed aseptic carton; and packaging products. It also provides packaging solutions for detergent, fabric softener, and hand wash products. In addition, the company offers standard flexo, super flexo, UV-flexo, and offset litho printing services, as well as digital print proofs and machine print proofs on paper board. Further, it provides machine and equipment through spare part webshop. Elopak ASA was founded in 1957 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, ELOPAK has a trailing twelve months EPS of kr2.26.
PE Ratio
ELOPAK has a trailing twelve months price to earnings ratio of 9.82. Meaning, the purchaser of the share is investing kr9.82 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 19.73%.
Yearly Top and Bottom Value
ELOPAK’s stock is valued at kr22.20 at 07:10 EST, way below its 52-week high of kr26.00 and way above its 52-week low of kr17.90.
More news about ELOPAK.
