(VIANEWS) – ARENDALS FOSSEKOMP (AFK.OL), VEIDEKKE (VEI.OL), ELKEM (ELK.OL) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio at the moment. 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. ARENDALS FOSSEKOMP (AFK.OL)
513.51% Payout Ratio
Arendals Fossekompani ASA, an industrial investment company, owns and operates hydropower plants in Norway, rest of Europe, Asia, and North America. The company operates through Hydropower, Group Management, Volue, NSSL Global, ENRX, Tekna, Property, and Alytic segments. It also provides software solutions, systems, and market insight that optimize production, trading, distribution, and consumption of energy, as well as infrastructure and construction projects. In addition, the company manufactures and sells materials for 3D printing for the aerospace, medical, and automotive sectors; and nanomaterials for electronics and batteries industries, as well as offers satellite communications and IT solutions. Further, it delivers green power technology based on induction technology; offers voice and data services; and owns and develops various properties. Arendals Fossekompani is an energy company that mainly delivers energy using natural resources such as water, though it also invests in other asset classes. The firm provides venture capital through its subsidiary and focuses on Norwegian start-ups in the energy, power, and technology industries. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway.
Earnings Per Share
As for profitability, ARENDALS FOSSEKOMP has a trailing twelve months EPS of kr1.06.
PE Ratio
ARENDALS FOSSEKOMP has a trailing twelve months price to earnings ratio of 136.42. Meaning, the purchaser of the share is investing kr136.42 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 0.07%.
More news about ARENDALS FOSSEKOMP.
2. VEIDEKKE (VEI.OL)
100.65% Payout Ratio
Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering and renovation projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the civil engineering, recycling, and asphalting projects, as well as constructs commercial and residential buildings. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, VEIDEKKE has a trailing twelve months EPS of kr7.7.
PE Ratio
VEIDEKKE has a trailing twelve months price to earnings ratio of 13.01. Meaning, the purchaser of the share is investing kr13.01 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 50.8%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 7.75 and the estimated forward annual dividend yield is 7.82%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 4.1% and a negative 15.8%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.8%, now sitting on 41.01B for the twelve trailing months.
More news about VEIDEKKE.
3. ELKEM (ELK.OL)
77.32% Payout Ratio
Elkem ASA provides silicones, silicon products, and carbon solutions worldwide. The company offers silicones polymers, including chlorosilanes and silicone oils; silicone elastomers, comprising liquid silicone rubber, heat cured rubber, and RTV-1 and RTV-2 silicones; and silicone fluids, such as silicone resin, silicone compounds, silicone grease, and silicone emulsion. It also provides silicon based materials comprising silicon, silicon powder/micronized silicon, silica fume/ microsilica, ferrosilicon, grain refiner, silicon and boron carbide, ferrosilicon nitride, fused silica, polymer additives, and specialties for refractories. In addition, the company offers foundry alloys, such as foundry alloys, preconditioners, recarburizers, conditioners, nodularizers, inserts, and inoculants; and carbon based materials comprising furnace tapping materials, cathode ramming paste, furnace lining materials, electrode paste, and prebaked and other electrodes. The company was founded in 1904 and is headquartered in Oslo, Norway. Elkem ASA is a subsidiary of Bluestar Elkem International Co., Ltd. S.A.
Earnings Per Share
As for profitability, ELKEM has a trailing twelve months EPS of kr7.76.
PE Ratio
ELKEM has a trailing twelve months price to earnings ratio of 2.84. Meaning, the purchaser of the share is investing kr2.84 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 19.37%.
Moving Average
ELKEM’s worth is way below its 50-day moving average of kr24.60 and way under its 200-day moving average of kr32.12.
Revenue Growth
Year-on-year quarterly revenue growth declined by 26.2%, now sitting on 39.82B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ELKEM’s EBITDA is 0.58.
More news about ELKEM.
4. TINC (TINC.BR)
69.23% Payout Ratio
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Earnings Per Share
As for profitability, TINC has a trailing twelve months EPS of €0.78.
PE Ratio
TINC has a trailing twelve months price to earnings ratio of 15.32. Meaning, the purchaser of the share is investing €15.32 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 6.13%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 89.6%, now sitting on 58.93M for the twelve trailing months.
Moving Average
TINC’s value is under its 50-day moving average of €12.20 and under its 200-day moving average of €12.25.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 24, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.52%.
Volume
Today’s last reported volume for TINC is 7057 which is 28.39% below its average volume of 9856.
More news about TINC.
5. SPAREBANK 1 SMN (MING.OL)
48.98% 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 kr13.28.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 10.62. Meaning, the purchaser of the share is investing kr10.62 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 12.35%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.8%, now sitting on 6.48B for the twelve trailing months.
Volume
Today’s last reported volume for SPAREBANK 1 SMN is 207752 which is 109.54% above its average volume of 99143.
More news about SPAREBANK 1 SMN.
6. VOSS VEKSEL OGLAND (VVL.OL)
39.17% Payout Ratio
Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.
Earnings Per Share
As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr26.35.
PE Ratio
VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 8.43. Meaning, the purchaser of the share is investing kr8.43 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 9.14%.
More news about VOSS VEKSEL OGLAND.
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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
More news about 1.
