ABL GROUP And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ABL GROUP (ABL.OL), TELENOR (TEL.OL), NEDAP (NEDAP.AS) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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. 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%.

More news about ABL GROUP.

2. TELENOR (TEL.OL)

118.47% Payout Ratio

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. The company's mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging. Its fixed services consist of telephony, Internet and TV, and leased lines, as well as data and managed services; and broadcasting and data communication services through satellite, terrestrial radio, and TV transmission. The company also provides machine-to-machine communication, as well as internet based services. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, TELENOR has a trailing twelve months EPS of kr2.9.

PE Ratio

TELENOR has a trailing twelve months price to earnings ratio of 39.03. Meaning, the purchaser of the share is investing kr39.03 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 28.47%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 54.2% and a negative 3.1%, respectively.

More news about TELENOR.

3. NEDAP (NEDAP.AS)

104.53% Payout Ratio

Nedap N.V., together with its subsidiaries, develops and supplies smart technological solutions in the Netherlands, Germany, rest of Europe, North America, and internationally. The company provides software services that allow healthcare professionals to interconnect; hardware and software solutions for vehicle identification systems; and technological solutions for the dairy farming and pig farming industries. It also offers lighting solutions and UV lamp driver technologies; and RFID solutions for retailers. In addition, the company provides access control and security systems for companies and institutions. Further, it offers workforce management software, a cloud-based software for timesheet processing, employee scheduling, and access control. The company was founded in 1929 and is headquartered in Groenlo, the Netherlands.

Earnings Per Share

As for profitability, NEDAP has a trailing twelve months EPS of €2.9.

PE Ratio

NEDAP has a trailing twelve months price to earnings ratio of 19.59. Meaning, the purchaser of the share is investing €19.59 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 23.16%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 17, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 5.26%.

Moving Average

NEDAP’s worth is under its 50-day moving average of €57.74 and above its 200-day moving average of €56.77.

Volume

Today’s last reported volume for NEDAP is 3176 which is 19.65% below its average volume of 3953.

More news about NEDAP.

4. KLAVENESS COMBINAT (KCC.OL)

69.83% Payout Ratio

Klaveness Combination Carriers ASA owns and operates combination carriers in Norway, the Far East, the Middle East/India, Australia, Brazil, Gulf Coast of the United States, and North America. Its vessels transport caustic coda solution or clean petroleum products, floating fertilizer, molasses, and various types of cargo, as well as petroleum products, heavy liquid cargoes, and various types of dry bulk products, such as alumina, bauxite, Iron ore, salt, grains, and coal. The company was incorporated in 2018 and is headquartered in Oslo, Norway. Klaveness Combination Carriers ASA is a subsidiary of Rederiaksjeselskapet Torvald Klaveness.

Earnings Per Share

As for profitability, KLAVENESS COMBINAT has a trailing twelve months EPS of kr17.35.

PE Ratio

KLAVENESS COMBINAT has a trailing twelve months price to earnings ratio of 4. Meaning, the purchaser of the share is investing kr4 for every norwegian krone of annual earnings.

Moving Average

KLAVENESS COMBINAT’s value is under its 50-day moving average of kr75.61 and higher than its 200-day moving average of kr68.22.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 12.51 and the estimated forward annual dividend yield is 16.69%.

Sales Growth

KLAVENESS COMBINAT’s sales growth for the current quarter is negative 19.2%.

More news about KLAVENESS COMBINAT.

5. HOLLAND COLOURS (HOLCO.AS)

61.63% Payout Ratio

Holland Colours N.V., together with its subsidiaries, manufactures, distributes, and sells color concentrates in Europe, the Middle East, India, Africa, the Americas, Asia, Australia, and New Zealand. The company offers colorants for the building and construction industry, including profiles, pipes, tubing and fittings, siding and cladding, decking, fencing, window blinds, and insulation, as well as solutions for a wide range of polymers. It also provides colorants for packaging applications comprising beer/wine, black food trays, caps and closures, carbonated soft drink, condiments and dry food, cosmetics and personal care, dairy, detergents, fruit juices, mineral water, pharma, RTD-ready to drink tea, recycled pet, and spirits. In addition, the company offers sealants or adhesives; and colorants for other markets, such as shopping bags, polybags, mulch films, OPP tapes, PU flexible foams, synthetic leather, fiber glass and buttons, paving blocks, artificial stones, cast PMMA, PP non-woven and spunbond, coatings, flexible PVCs, prosthetics, glass fiber reinforced nylon, and silicone rubber and elastomers. It sells its products through a network of agents and distributors. The company was founded in 1979 and is headquartered in Apeldoorn, the Netherlands. Holland Colours N.V. is a subsidiary of Holland Pigments BV.

Earnings Per Share

As for profitability, HOLLAND COLOURS has a trailing twelve months EPS of €9.59.

PE Ratio

HOLLAND COLOURS has a trailing twelve months price to earnings ratio of 11.68. Meaning, the purchaser of the share is investing €11.68 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 14.71%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15%, now sitting on 118.68M for the twelve trailing months.

Yearly Top and Bottom Value

HOLLAND COLOURS’s stock is valued at €112.00 at 22:10 EST, way below its 52-week high of €164.50 and above its 52-week low of €111.50.

More news about HOLLAND COLOURS.

6. ASR NEDERLAND (ASRNL.AS)

58.37% Payout Ratio

ASR Nederland N.V. provides insurance, pensions, and mortgages products for consumers, self-employed persons, and companies. It operates through five segments: Non-Life, Life, Asset Management, Distribution and Services, and Holding and Other. The company offers health, life, pension, funeral expense, and occupational disability insurance products; and non-life insurance products, including road traffic, fire, third-party liability and legal assistance insurance. It also provides financial intermediary services; and develops real estate properties, as well as operates as an asset manager for third parties. ASR Nederland N.V. offers its products under the Loyalis, Ditzo, Europeesche Verzekeringen, a.s.r. asset management, Ardanta, and a.s.r. brand names. The company was formerly known as Fortis Verzekeringen Nederland N.V. and changed its name to ASR Nederland N.V. in October 2008. ASR Nederland N.V. was founded in 1720 and is headquartered in Utrecht, the Netherlands.

Earnings Per Share

As for profitability, ASR NEDERLAND has a trailing twelve months EPS of €4.42.

PE Ratio

ASR NEDERLAND has a trailing twelve months price to earnings ratio of 8.85. Meaning, the purchaser of the share is investing €8.85 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 10.26%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 2, 2023, the estimated forward annual dividend rate is 2.7 and the estimated forward annual dividend yield is 6.72%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 27.9%, now sitting on 5.61B for the twelve trailing months.

Moving Average

ASR NEDERLAND’s worth is higher than its 50-day moving average of €38.70 and under its 200-day moving average of €41.59.

More news about ASR NEDERLAND.

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