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ARENDALS FOSSEKOMP And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ARENDALS FOSSEKOMP (AFK.OL), PROXIMUS (PROX.BR), TotalEnergiesGabon (EC.PA) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio up to 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. 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 170.75. Meaning, the purchaser of the share is investing kr170.75 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 0.07%.

More news about ARENDALS FOSSEKOMP.

2. PROXIMUS (PROX.BR)

97.56% Payout Ratio

Proximus PLC provides digital services and communication solutions in Belgium and internationally. It operates through Domestic, International Carrier Services, and TeleSign segments. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses, and ICT services to residential, business, and telecom wholesale markets. It also provides managed and platform, integrating networking, cloud, cybersecurity, business application, and data and artificial intelligence services. In addition, the company offers international delivery authentication and digital identity services to internet brands, digital champions, and cloud native businesses. It offers its products and services under Proximus, Scarlet, Mobile Vikings, Tango, Telindus, and Telindus Netherlands brands. The company was formerly known as Belgacom SA and changed its name to Proximus PLC in June 2015. Proximus PLC was founded in 1930 and is headquartered in Brussels, Belgium.

Earnings Per Share

As for profitability, PROXIMUS has a trailing twelve months EPS of €1.23.

PE Ratio

PROXIMUS has a trailing twelve months price to earnings ratio of 6.17. Meaning, the purchaser of the share is investing €6.17 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 12.18%.

Sales Growth

PROXIMUS’s sales growth for the next quarter is negative 2%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 19.13%.

Volume

Today’s last reported volume for PROXIMUS is 343100 which is 46.31% below its average volume of 639123.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.8%, now sitting on 6B for the twelve trailing months.

More news about PROXIMUS.

3. TotalEnergiesGabon (EC.PA)

95.5% Payout Ratio

TotalEnergies EP Gabon Société Anonyme engages in the mining, exploration, and production of crude oil in Gabon. It also holds interests in operated and non-operated production fields. The company was formerly known as Total Gabon. The company was incorporated in 1949 and is headquartered in Port Gentil, Gabon. TotalEnergies EP Gabon Société Anonyme is a subsidiary of TotalEnergies SE.

Earnings Per Share

As for profitability, TotalEnergiesGabon has a trailing twelve months EPS of €70.05.

PE Ratio

TotalEnergiesGabon has a trailing twelve months price to earnings ratio of 2.64. Meaning, the purchaser of the share is investing €2.64 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 18.89%.

Yearly Top and Bottom Value

TotalEnergiesGabon’s stock is valued at €185.00 at 02:10 EST, under its 52-week high of €200.00 and way higher than its 52-week low of €138.50.

Volume

Today’s last reported volume for TotalEnergiesGabon is 633 which is 15.93% above its average volume of 546.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 41.22 and the estimated forward annual dividend yield is 24.8%.

More news about TotalEnergiesGabon.

4. GEA GRENOBL.ELECT. (GEA.PA)

67.35% Payout Ratio

Grenobloise d'Electronique et d'Automatismes Société Anonyme designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems. Its products include automatic ticket issuing machines, manual toll terminals, automatic payment machines, plaza computer and central systems, non-stop toll collection systems, and manual or automatic entry and exit lanes. The company also designs car park revenue control systems, such as entry lane terminals, restricted entry lane terminals, exit lane terminals, pedestrian access control terminals, automatic payment machines, manual payment machines, car park management supervision servers, and central computer systems. In addition, it offers electronic toll collection equipment comprising roadside beacons for mono or multilane applications; on-board units; and desktop reader encoders. It serves various motorway companies in Europe, Asia, the Middle East, North Africa, Central America, South America, and the Caribbean Islands. Grenobloise d'Electronique et d'Automatismes Société Anonyme was incorporated in 1971 and is based in Meylan, France.

Earnings Per Share

As for profitability, GEA GRENOBL.ELECT. has a trailing twelve months EPS of €1.93.

PE Ratio

GEA GRENOBL.ELECT. has a trailing twelve months price to earnings ratio of 49.74. Meaning, the purchaser of the share is investing €49.74 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 2.94%.

Yearly Top and Bottom Value

GEA GRENOBL.ELECT.’s stock is valued at €96.00 at 02:10 EST, under its 52-week high of €101.00 and way higher than its 52-week low of €75.00.

Moving Average

GEA GRENOBL.ELECT.’s worth is above its 50-day moving average of €94.73 and higher than its 200-day moving average of €88.96.

More news about GEA GRENOBL.ELECT..

5. REN (RENE.LS)

65.04% 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 to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it 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, 2022, it operated national electricity transmission system with 9,424 kilometers of line circuits, 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 €0.24.

PE Ratio

REN has a trailing twelve months price to earnings ratio of 10.33. Meaning, the purchaser of the share is investing €10.33 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 8.93%.

Yearly Top and Bottom Value

REN’s stock is valued at €2.48 at 02:10 EST, way under its 52-week high of €2.80 and higher than its 52-week low of €2.36.

More news about REN.

6. NEXTENSA (NEXTA.BR)

45.14% Payout Ratio

Nextensa is a mixed-use real estate investor and developer. The company's investment portfolio is divided between the Grand Duchy of Luxembourg (44%), Belgium (41%) and Austria (15%); its total value as of 30/06/2023 was approximately € 1.27 billion. As a developer, Nextensa is primarily active in shaping large urban developments. At Tour & Taxis (development of over 350,000 sqm) in Brussels, Nextensa is building a mixed neighbourhood consisting of a revaluation of iconic buildings and new constructions. In Luxembourg (Cloche d'Or), it is working in partnership on a major urban extension of more than 400,000 sqm consisting of offices, retail and residential buildings. The company is listed on Euronext Brussels and has a market capitalization of EUR 442.1 million (value 30/06/2023).

Earnings Per Share

As for profitability, NEXTENSA has a trailing twelve months EPS of €5.76.

PE Ratio

NEXTENSA has a trailing twelve months price to earnings ratio of 7.69. Meaning, the purchaser of the share is investing €7.69 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 6.98%.

More news about NEXTENSA.

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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.

More news about 1.

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