DNO And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), VAN DE VELDE (VAN.BR), DNO (DNO.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 guarantee 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. GJENSIDIGE FORSIKR (GJF.OL)

101.73% Payout Ratio

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, property, accident and health, liability, marine/transport, natural perils, agriculture, travel, leisure craft, valuables, commercial, and life insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway. Gjensidige Forsikring ASA operates as a subsidiary of GjensidigeStiftelsen.

Earnings Per Share

As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr8.11.

PE Ratio

GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 19.4. Meaning, the purchaser of the share is investing kr19.4 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 17.14%.

Sales Growth

GJENSIDIGE FORSIKR’s sales growth is negative 39% for the ongoing quarter and negative 18.2% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 8.75 and the estimated forward annual dividend yield is 5.58%.

Yearly Top and Bottom Value

GJENSIDIGE FORSIKR’s stock is valued at kr157.30 at 16:10 EST, way below its 52-week high of kr190.70 and above its 52-week low of kr149.00.

More news about GJENSIDIGE FORSIKR.

2. VAN DE VELDE (VAN.BR)

82.16% Payout Ratio

Van de Velde NV, together with its subsidiaries, designs, develops, manufactures, and markets fashionable luxury lingerie and swimwear for women worldwide. It operates through two segments, business to business (B2B) and direct to consumer (D2C). The company offers its products under the PrimaDonna, Marie Jo, Andres Sarda, and Lingerie Styling brands. It also operates retail websites; stores; and boutiques and department stores. The company was founded in 1919 and is headquartered in Schellebelle, Belgium. Van de Velde NV is a subsidiary of Van de Velde Holding NV.

Earnings Per Share

As for profitability, VAN DE VELDE has a trailing twelve months EPS of €2.77.

PE Ratio

VAN DE VELDE has a trailing twelve months price to earnings ratio of 12. Meaning, the purchaser of the share is investing €12 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 22.83%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 218.01M for the twelve trailing months.

Moving Average

VAN DE VELDE’s value is above its 50-day moving average of €33.18 and higher than its 200-day moving average of €33.22.

More news about VAN DE VELDE.

3. DNO (DNO.OL)

40.39% Payout Ratio

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa. DNO ASA was founded in 1971 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNO has a trailing twelve months EPS of kr0.21.

PE Ratio

DNO has a trailing twelve months price to earnings ratio of 45.62. Meaning, the purchaser of the share is investing kr45.62 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 19.33%.

Moving Average

DNO’s value is below its 50-day moving average of kr10.23 and way under its 200-day moving average of kr11.31.

More news about DNO.

4. CTT CORREIOS PORT (CTT.LS)

40.32% Payout Ratio

CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.31.

PE Ratio

CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 13.37. Meaning, the purchaser of the share is investing €13.37 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 19.89%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.6%, now sitting on 970.94M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CTT CORREIOS PORT’s EBITDA is 137.98.

More news about CTT CORREIOS PORT.

5. SES (SESG.PA)

37.04% Payout Ratio

SES S.A. provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. It also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites to the aviation, cloud, cruise, energy, government, maritime, and telco and mobile network operator industries. In addition, the company offers video services, which includes end-to-end managed services to audience; and provides multi-screen and multi-device viewing experiences on linear channels, video-on-demand, streaming platforms, and social media sites for broadcasters, platform operators, and sports organizations. Further, it provides linear video aggregation and distribution, such as direct-to-home, direct-to-cable, and internet protocol TV households; channel management solutions comprising playout; and live feeds and redundancy features. The company was formerly known as SES Global SA and changed its name to SES S.A. in December 2006. SES S.A. was founded in 1985 and is headquartered in Betzdorf, Luxembourg.

Earnings Per Share

As for profitability, SES has a trailing twelve months EPS of €-2.14.

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 negative -19.2%.

More news about SES.

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%.

More news about 1.

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