ABL GROUP And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ICADE (ICAD.PA), ABL GROUP (ABL.OL), SPBK1 NORD-NORGE (NONG.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 to 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 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. ICADE (ICAD.PA)

591.55% Payout Ratio

As a commercial property investor (portfolio worth €7.7bn on a full consolidation basis as of 06/30/2023) and a developer of residential and commercial properties as well as public amenities (2022 economic revenue of €1.3bn), Icade designs, builds, manages and invests in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected, with a reduced carbon footprint. Desirable places to live and work. In collaboration with its stakeholders, Icade has made low carbon a strategic priority in order to reinvent real estate and create cities that are healthier, happier and more hospitable. Icade is a key player in Greater Paris and major French cities. It is listed as a "SIIC" on Euronext Paris and its leading shareholder is the Caisse des Dépôts group.

Earnings Per Share

As for profitability, ICADE has a trailing twelve months EPS of €-7.58.

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 negative -5.44%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 4.33 and the estimated forward annual dividend yield is 14.56%.

Yearly Top and Bottom Value

ICADE’s stock is valued at €32.60 at 11:10 EST, way below its 52-week high of €51.35 and way above its 52-week low of €28.00.

Volume

Today’s last reported volume for ICADE is 24848 which is 72.41% below its average volume of 90080.

More news about ICADE.

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 kr0.31.

PE Ratio

ABL GROUP has a trailing twelve months price to earnings ratio of 41.45. Meaning, the purchaser of the share is investing kr41.45 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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ABL GROUP’s EBITDA is 1.04.

More news about ABL GROUP.

3. SPBK1 NORD-NORGE (NONG.OL)

74.68% Payout Ratio

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr10.98.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 9.58. Meaning, the purchaser of the share is investing kr9.58 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 15.42%.

More news about SPBK1 NORD-NORGE.

4. BUREAU VERITAS (BVI.PA)

74.04% Payout Ratio

Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Industry; Buildings & Infrastructure; Certification; and Consumer Products. The company engages in inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its customers in relation to regulatory or self-imposed standards, as well as issues compliance reports. It also provides laboratory and on-site testing services for manufacturing and process industries; inspection services for products, services, assets, and installations, as well as various services designed to control quality, verify quantity, and meet regulatory requirements; and certification services for management systems, products, and people. The company serves automotive and transportation, building and infrastructure, chemicals, commodities and agriculture, consumer products and retail, food, marine and offshore, oil and gas, and power and utilities industries, as well as financial services and public sectors. It operates in approximately 140 countries through a network of 1,600 offices and laboratories. Bureau Veritas SA was founded in 1828 and is headquartered in Neuilly-sur-Seine, France.

Earnings Per Share

As for profitability, BUREAU VERITAS has a trailing twelve months EPS of €1.04.

PE Ratio

BUREAU VERITAS has a trailing twelve months price to earnings ratio of 23.53. Meaning, the purchaser of the share is investing €23.53 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 27.64%.

Yearly Top and Bottom Value

BUREAU VERITAS’s stock is valued at €24.47 at 11:10 EST, way under its 52-week high of €27.27 and way above its 52-week low of €20.67.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 5.86B for the twelve trailing months.

Moving Average

BUREAU VERITAS’s value is above its 50-day moving average of €22.73 and above its 200-day moving average of €23.86.

Volume

Today’s last reported volume for BUREAU VERITAS is 298208 which is 55.99% below its average volume of 677676.

More news about BUREAU VERITAS.

5. SPAREBANK 1 SMN (MING.OL)

47.74% Payout Ratio

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr13.61.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 10.6. Meaning, the purchaser of the share is investing kr10.6 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 12.51%.

Moving Average

SPAREBANK 1 SMN’s worth is higher than its 50-day moving average of kr136.72 and above its 200-day moving average of kr137.40.

Yearly Top and Bottom Value

SPAREBANK 1 SMN’s stock is valued at kr144.20 at 11:10 EST, below its 52-week high of kr147.40 and way higher than its 52-week low of kr116.20.

Sales Growth

SPAREBANK 1 SMN’s sales growth for the current quarter is 26%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 4.49%.

More news about SPAREBANK 1 SMN.

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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.

More news about 1.

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