(VIANEWS) – TELENOR (TEL.OL), GOLDEN OCEAN GROUP (GOGL.OL), ELIS (ELIS.PA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. TELENOR (TEL.OL)
140.48% Payout Ratio
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Its principal products and services include mobile communication, fixed line communication, and broadcasting services. The company's mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging. Its fixed line services consist of telephony, Internet and TV, and leased lines, as well as data and managed services; and broadcasting and data communication services through satellite, terrestrial radio, and TV transmission. The company also provides machine-to-machine communication, as well as internet based services and financial services. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway.
Earnings Per Share
As for profitability, TELENOR has a trailing twelve months EPS of kr12.32.
PE Ratio
TELENOR has a trailing twelve months price to earnings ratio of 9.97. Meaning, the purchaser of the share is investing kr9.97 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 28.47%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 51.7% and positive 2.1% for the next.
Yearly Top and Bottom Value
TELENOR’s stock is valued at kr122.75 at 12:10 EST, under its 52-week high of kr135.80 and way above its 52-week low of kr87.60.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9.8%, now sitting on 98.95B for the twelve trailing months.
More news about TELENOR.
2. GOLDEN OCEAN GROUP (GOGL.OL)
102.62% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr-7.97.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.02%.
Yearly Top and Bottom Value
GOLDEN OCEAN GROUP’s stock is valued at kr99.16 at 12:10 EST, way below its 52-week high of kr156.55 and way higher than its 52-week low of kr78.50.
Volume
Today’s last reported volume for GOLDEN OCEAN GROUP is 152073 which is 82.75% below its average volume of 882034.
Moving Average
GOLDEN OCEAN GROUP’s value is under its 50-day moving average of kr99.19 and higher than its 200-day moving average of kr96.30.
More news about GOLDEN OCEAN GROUP.
3. ELIS (ELIS.PA)
54.41% Payout Ratio
Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally. The company offers table, bed, kitchen, patient, and bath linens; workwear and personal protective equipment; beverage solutions, such as water coolers and accessories, cups and bottles, and coffee machines; floor protection mats and mops; industrial wipers; and pest control, insect control, or disinfection services. It also provides washroom hygiene services, such as hand washing and drying, toilet hygiene and urinal, lavatories, and air fragrancing; and reusable cleanroom garments, footwear, goggles, and related contamination control solutions, as well as cleaning systems. In addition, the company offers various solutions for collection and disposal of infectious waste, as well as laundry facilities. It primarily serves the catering, accommodation, healthcare and social welfare, industries, trade and retail, and services sectors, as well as public authorities and administration. Elis SA was founded in 1883 and is based in Saint-Cloud, France.
Earnings Per Share
As for profitability, ELIS has a trailing twelve months EPS of €0.02.
PE Ratio
ELIS has a trailing twelve months price to earnings ratio of 976.11. Meaning, the purchaser of the share is investing €976.11 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 5.03%.
Yearly Top and Bottom Value
ELIS’s stock is valued at €17.57 at 12:10 EST, higher than its 52-week high of €17.07.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 25, 2022, the estimated forward annual dividend rate is 0.37 and the estimated forward annual dividend yield is 2.23%.
More news about ELIS.
4. WAREHOUSES ESTATES (WEB.BR)
52.69% Payout Ratio
Warehouses Estates Belgium SCA is a real estate investment trust. Warehouses Estates Belgium SCA is based in Belgium.
Earnings Per Share
As for profitability, WAREHOUSES ESTATES has a trailing twelve months EPS of €3.19.
PE Ratio
WAREHOUSES ESTATES has a trailing twelve months price to earnings ratio of 12.38. Meaning, the purchaser of the share is investing €12.38 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 10.19%.
More news about WAREHOUSES ESTATES.
5. MOWI (MOWI.OL)
40.49% Payout Ratio
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, MOWI has a trailing twelve months EPS of kr2.27.
PE Ratio
MOWI has a trailing twelve months price to earnings ratio of 82.89. Meaning, the purchaser of the share is investing kr82.89 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 23.04%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 4.94B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 24, 2023, the estimated forward annual dividend rate is 6.8 and the estimated forward annual dividend yield is 3.83%.
Yearly Top and Bottom Value
MOWI’s stock is valued at kr188.25 at 12:10 EST, way under its 52-week high of kr267.20 and way above its 52-week low of kr130.15.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 13.8% and a drop 2.8% for the next.
More news about MOWI.
6. NEXTENSA (NEXTA.BR)
34.84% Payout Ratio
Nextensa NV/SA is a mixed real estate investor and developer. The company's investment portfolio, which is spread over the Grand Duchy of Luxembourg (46%), Belgium (41%) and Austria (13%), had a total value on 30/09/2022 of approximately €1.35 billion. As a developer, Nextensa is mainly active in shaping large urban developments. At Tour & Taxis (development of more than 350,000 sqm) in Brussels, Nextensa is building a mixed real estate patrimony consisting of the 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 units. The company is listed on Euronext Brussels and has a market capitalisation of € 541.1 million (at 30/09/2022).
Earnings Per Share
As for profitability, NEXTENSA has a trailing twelve months EPS of €11.19.
PE Ratio
NEXTENSA has a trailing twelve months price to earnings ratio of 3.56. Meaning, the purchaser of the share is investing €3.56 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 8.69%.
Yearly Top and Bottom Value
NEXTENSA’s stock is valued at €39.85 at 12:10 EST, way below its 52-week high of €72.90 and above its 52-week low of €37.05.
Revenue Growth
Year-on-year quarterly revenue growth grew by 137%, now sitting on 131.16M for the twelve trailing months.
More news about NEXTENSA.
