(VIANEWS) – AF GRUPPEN (AFG.OL), RANA GRUBER (RANA.OL), FRØY (FROY.OL) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio up until now. 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 researching 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. AF GRUPPEN (AFG.OL)
139.44% Payout Ratio
AF Gruppen ASA, a contracting and industrial company, provides civil engineering, environmental, construction, property, energy, and offshore services in Norway and Sweden. It offers civil engineering services including construction of various projects, such as roads, rail, airports, foundation work, building, fitting, and securing tunnels; and oil and gas installation services, and port facilities, as well as provides concrete technology, groundwork and earthmoving, geomatics and surveying, and project support services. The company also operates as a turnkey contractor that includes development and planning to buildings comprising residential, commercial, public buildings, and rehabilitation and rebuilding, as well as offers extension work services. In addition, it provides energy solutions, which includes energy performing contracting, technical turnkey contract, local power supply, and technical services and maintenance, as well as energy solutions for existing and new buildings. Further, the company engages in operation of construction and decommissioning projects including removal and recycling of offshore installations; and offers cooling and ventilation for onshore and offshore installations, rigs, and ships, as well as offshore wind services. It also operates as a contractor for demolition and environmental clean-up services for buildings and structures, such as blasting, dredging, handling of contaminated bulk material, and removal of shipwrecks. Additionally, the company provides office spaces on rental basis, and sale of homes. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, AF GRUPPEN has a trailing twelve months EPS of kr3.27.
PE Ratio
AF GRUPPEN has a trailing twelve months price to earnings ratio of 37.74. Meaning, the purchaser of the share is investing kr37.74 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 27.7%.
Moving Average
AF GRUPPEN’s value is below its 50-day moving average of kr134.20 and way below its 200-day moving average of kr143.48.
Sales Growth
AF GRUPPEN’s sales growth is negative 0.2% for the current quarter and 1.6% for the next.
More news about AF GRUPPEN.
2. RANA GRUBER (RANA.OL)
73.9% Payout Ratio
Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite that is used for metallurgical applications; magnetite to produce water treatment chemicals; and other special products, such as iron oxide pigments that is used for colorants and developed products under the Colorana brand name. It markets its products to steel manufacturers, water treatment chemical producers, as well as concrete, paint, plastics, heat management, automotive, and toner production industry sectors. The company also exports its products mainly to European customers. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, RANA GRUBER has a trailing twelve months EPS of kr14.6.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 4.84. Meaning, the purchaser of the share is investing kr4.84 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 61.52%.
More news about RANA GRUBER.
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 kr2.59.
PE Ratio
FRØY has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing kr29.42 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 6.67%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
FRØY’s EBITDA is 53.13.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 1.97%.
Sales Growth
FRØY’s sales growth is 11.8% for the current quarter and 4.1% for the next.
Yearly Top and Bottom Value
FRØY’s stock is valued at kr76.20 at 12:10 EST, under its 52-week high of kr76.40 and way above its 52-week low of kr31.70.
More news about FRØY.
4. BAM GROEP KON (BAMNB.AS)
32.26% Payout Ratio
Koninklijke BAM Groep nv, together with its subsidiaries, provides products and services in the construction and property, civil engineering, and public private partnerships (PPP) sectors worldwide. The company engages in residential construction projects, and non-residential construction activities. It is also involved in rail infrastructure and facilities management activities. Koninklijke BAM Groep nv was founded in 1869 and is headquartered in Bunnik, the Netherlands.
Earnings Per Share
As for profitability, BAM GROEP KON has a trailing twelve months EPS of €0.62.
PE Ratio
BAM GROEP KON has a trailing twelve months price to earnings ratio of 6.66. Meaning, the purchaser of the share is investing €6.66 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 19%.
Moving Average
BAM GROEP KON’s worth is way above its 50-day moving average of €3.73 and way higher than its 200-day moving average of €3.49.
Yearly Top and Bottom Value
BAM GROEP KON’s stock is valued at €4.13 at 12:10 EST, below its 52-week high of €4.40 and way above its 52-week low of €1.81.
More news about BAM GROEP KON.
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).
More news about 1.
