ABL GROUP And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SCATEC (SCATC.OL), ABL GROUP (ABL.OL), OKEANIS ECO TANKER (OET.OL) are the highest payout ratio stocks on this list.

We have collected 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 issue 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. SCATEC (SCATC.OL)

923.81% Payout Ratio

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SCATEC has a trailing twelve months EPS of kr-1.11.

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 11.58%.

More news about SCATEC.

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 kr0.32.

PE Ratio

ABL GROUP has a trailing twelve months price to earnings ratio of 38.75. Meaning, the purchaser of the share is investing kr38.75 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%.

More news about ABL GROUP.

3. OKEANIS ECO TANKER (OET.OL)

86.75% Payout Ratio

Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece.

Earnings Per Share

As for profitability, OKEANIS ECO TANKER has a trailing twelve months EPS of kr56.82.

PE Ratio

OKEANIS ECO TANKER has a trailing twelve months price to earnings ratio of 5.18. Meaning, the purchaser of the share is investing kr5.18 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 43.66%.

Volume

Today’s last reported volume for OKEANIS ECO TANKER is 24916 which is 72.21% below its average volume of 89687.

Earnings Before Interest, Taxes, Depreciation, and Amortization

OKEANIS ECO TANKER’s EBITDA is 347.52.

Sales Growth

OKEANIS ECO TANKER’s sales growth for the current quarter is negative 46.9%.

More news about OKEANIS ECO TANKER.

4. RAMADA (RAM.LS)

83.33% Payout Ratio

Ramada Investimentos e Industria, S.A. primarily engages in the manufacture and commercialization of steel products in Portugal and internationally. The company operates through Industry and Real Estate segments. It offers steel for use in the construction of machines and components; and production of tools, including dies, cutters, and molds for industrial markets, such as plastic mold manufacturing, automotive industry components, capital goods, and components for household appliances and electronics. The company also manufactures and sells steel wires for the industrial, agriculture, and civil construction markets. In addition, it manages and leases real estate properties comprising forestry assets; and manages financial investments. The company was formerly known as F. Ramada Investimentos, SGPS, S.A. Ramada Investimentos e Industria, S.A. was founded in 1935 and is headquartered in Porto, Portugal.

Earnings Per Share

As for profitability, RAMADA has a trailing twelve months EPS of €0.44.

PE Ratio

RAMADA has a trailing twelve months price to earnings ratio of 14.91. Meaning, the purchaser of the share is investing €14.91 for every euro of annual earnings.

Volume

Today’s last reported volume for RAMADA is 4339 which is 9.4% above its average volume of 3966.

More news about RAMADA.

5. ODFJELL SER. A (ODF.OL)

47.92% Payout Ratio

Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. The company operates Chemical Tankers and Tank Terminals segments. It owns and operates chemical tankers that offers global and regional transportation; and tank terminals, which provides storage of various chemical and petroleum products. As of December 31, 2022, it operated a chemical tanker fleet of 69 vessels, including 46 owned, 6 bareboat chartered, 14 time chartered vessels, and 3 pool vessels. The company's terminal network comprises of 450 tanks with 1.2 million cubic meters of storage capacity. It operates in Norway, the Netherlands, rest of Europe, North America, South America, the Middle East, Asia, Australasia, and Africa. Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, ODFJELL SER. A has a trailing twelve months EPS of kr26.93.

PE Ratio

ODFJELL SER. A has a trailing twelve months price to earnings ratio of 5.11. Meaning, the purchaser of the share is investing kr5.11 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 29.31%.

More news about ODFJELL SER. A.

6. CRCAM LOIRE HTE L. (CRLO.PA)

32.55% Payout Ratio

Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire Société coopérative provides various banking products and services to individuals, professionals, farmers, business, public community and social housing, and associations in France. It offers accounts and cards; real estate loans and consumer credit; operating cycle, and company equipment and real estate financing; trade and export financing; savings products, such as life insurance, real estate investments, stock exchanges and financial investment, and retirement saving solutions; car and two-wheeler, home, personal, leisure and daily life, borrower, professional premises, professional vehicle, health, employee, activity, agricultural buildings, agricultural equipment and activity, and other insurance products; collection and payment services; cash management, business creation financing, medium-term credit, and leasing products; and treasury services. The company is based in Saint-Étienne, France. Caisse Régionale de Crédit Agricole Mutuel Loire Haute-Loire Société coopérative operates as a subsidiary of Crédit Agricole S.A.

Earnings Per Share

As for profitability, CRCAM LOIRE HTE L. has a trailing twelve months EPS of €9.21.

PE Ratio

CRCAM LOIRE HTE L. has a trailing twelve months price to earnings ratio of 6.02. Meaning, the purchaser of the share is investing €6.02 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 4%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 31, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 5.41%.

Volume

Today’s last reported volume for CRCAM LOIRE HTE L. is 107 which is 39.54% below its average volume of 177.

Yearly Top and Bottom Value

CRCAM LOIRE HTE L.’s stock is valued at €55.49 at 11:10 EST, way below its 52-week high of €66.66 and higher than its 52-week low of €50.50.

More news about CRCAM LOIRE HTE L..

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%.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

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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