(VIANEWS) – VÅR ENERGI (VAR.OL), AF GRUPPEN (AFG.OL), REN (RENE.LS) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio so far. 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 distribute 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. VÅR ENERGI (VAR.OL)
146.97% Payout Ratio
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Vår Energi AS is a subsidiary of Eni International B.V.
Earnings Per Share
As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr3.21.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 8.69. Meaning, the purchaser of the share is investing kr8.69 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 43.94%.
Sales Growth
VÅR ENERGI’s sales growth is negative 93.3% for the ongoing quarter and negative 92.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
VÅR ENERGI’s EBITDA is 10.18.
Moving Average
VÅR ENERGI’s worth is above its 50-day moving average of kr26.34 and way under its 200-day moving average of kr31.67.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 52.4% and positive 200% for the next.
More news about VÅR ENERGI.
2. AF GRUPPEN (AFG.OL)
139.44% Payout Ratio
AF Gruppen ASA, a contracting and industrial company, engages in civil engineering, construction, betonmast, property, energy, environment, and offshore businesses primarily in Norway and Sweden. The company's Civil Engineering business area undertakes civil engineering and niche projects related to roads and railways, port facilities, airports, tunnels, foundation work, power, and energy, as well as onshore facilities for oil and gas. Its Construction business area develops, engineers, and constructs commercial, residential, and public buildings, as well as rehabilitation projects. The company's Betonmast business area operates as building contractor for large residential properties, and commercial and public buildings; and develops properties. Its Property business area develops residential units and commercial buildings. The company's Energy and Environment business area provides smart and energy efficient services for buildings and industry; and demolition and recycling services. Its Sweden business area engages in construction, civil engineering, property, and environmental activities. The company's offshore business area undertakes the removal, demolition, and recycling of offshore installations; and construction, modification, and maintenance works related to cranes, modules, and rig services, as well as heating, ventilation, air conditioning, and cooling systems. 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 kr7.53.
PE Ratio
AF GRUPPEN has a trailing twelve months price to earnings ratio of 18.86. Meaning, the purchaser of the share is investing kr18.86 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 27.7%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AF GRUPPEN’s EBITDA is 0.52.
Yearly Top and Bottom Value
AF GRUPPEN’s stock is valued at kr142.00 at 22:10 EST, way below its 52-week high of kr173.40 and higher than its 52-week low of kr134.00.
More news about AF GRUPPEN.
3. REN (RENE.LS)
98.57% Payout Ratio
REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area for the production of electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; manages projects and ventures in the natural gas sector; provides underground storage development, maintenance, and operation services; offers natural gas transport and management services; and distributes natural gas, as well as provides communication and sustainability, marketing, business management, business development and consulting, and IT project services. In addition, the company invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2021, it operated national electricity transmission system with 8,907 kilometers in lines, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, REN has a trailing twelve months EPS of €0.22.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 11.61. Meaning, the purchaser of the share is investing €11.61 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 7.92%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REN’s EBITDA is 3.66.
Moving Average
REN’s value is under its 50-day moving average of €2.62 and below its 200-day moving average of €2.57.
Volume
Today’s last reported volume for REN is 20888 which is 96.95% below its average volume of 685786.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 12.47%.
More news about REN.
4. COFACE (COFA.PA)
76.53% Payout Ratio
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantees. In addition, the company offers business information services through its ICON portal, an information services web platform. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. COFACE SA was founded in 1946 and is headquartered in Bois-Colombes, France.
Earnings Per Share
As for profitability, COFACE has a trailing twelve months EPS of €1.96.
PE Ratio
COFACE has a trailing twelve months price to earnings ratio of 6.57. Meaning, the purchaser of the share is investing €6.57 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 13.79%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.9%, now sitting on 1.91B for the twelve trailing months.
More news about COFACE.
5. JÆREN SPAREBANK (JAREN.OL)
57.29% Payout Ratio
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway. Jæren Sparebank operates as a subsidiary of Sparebankstiftelsen Time Og Ha.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr21.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.43. Meaning, the purchaser of the share is investing kr11.43 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 8.46%.
Moving Average
JÆREN SPAREBANK’s value is below its 50-day moving average of kr253.00 and higher than its 200-day moving average of kr239.71.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.04%.
Sales Growth
JÆREN SPAREBANK’s sales growth is negative 11.6% for the ongoing quarter and 2.9% for the next.
Volume
Today’s last reported volume for JÆREN SPAREBANK is 120 which is 58.04% below its average volume of 286.
More news about JÆREN SPAREBANK.
6. RANA GRUBER (RANA.OL)
50.5% 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, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. 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 kr15.38.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 3.54. Meaning, the purchaser of the share is investing kr3.54 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 83.84%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
RANA GRUBER’s EBITDA is 1.39.
Sales Growth
RANA GRUBER’s sales growth for the current quarter is 9.9%.
More news about RANA GRUBER.
