(VIANEWS) – REN (RENE.LS), NOS, SGPS (NOS.LS), SPBK1 NORD-NORGE (NONG.OL) are the highest payout ratio stocks on this list.
We have gathered 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 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. 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, 2023, it operated national electricity transmission system with 9,409 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 €0.25.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing €9.34 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%.
Moving Average
REN’s worth is under its 50-day moving average of €2.49 and below its 200-day moving average of €2.55.
Dividend Yield
As claimed 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 12.57%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.3%, now sitting on 864.33M for the twelve trailing months.
More news about REN.
2. NOS, SGPS (NOS.LS)
64.65% Payout Ratio
NOS, S.G.P.S., S.A. engages in the telecommunications and entertainment business. It operates through Telco and Audiovisual segments. The company offers cable and satellite television, voice and internet access, mobile communication, IP voice, mobile virtual network, and related consulting services, as well as electronic communications services. It also involves in the negotiation, acquisition, and distribution of content rights and other multimedia products, and Pay TV and video-on-demand rights; producing films and series channels; managing the advertising space on Pay TV channels; production of channels for Pay TV; video production and sale; and cinema exhibition and distribution. In addition, the company provides data center management and consulting services in IT; invests in and supports the development of companies that aim to commercialize technologies and products; manages investments; movie exhibition; commercializes public events; and offers accounting, logistics, administrative, financial, tax, human resources, licensing and engineering, and other services. Further, it designs, constructs, manages, and exploits electronic communications networks, and equipment and infrastructure; management of technological assets and renders related services; achievement and promotion of scientific, and research and development activities; imports, distributes, edits, commercializes, and produces audiovisual products; and provides demonstration, dissemination, technology transfer, and formation services for services and information systems, as well as provides insurance services. The company also purchases, sells, rents, and operates property and commercial establishments; provides urbanization, building construction, planning, urban management, studies, and construction services; buys, sells, and resells properties; and manages real estate. The company was founded in 1999 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, NOS, SGPS has a trailing twelve months EPS of €0.48.
PE Ratio
NOS, SGPS has a trailing twelve months price to earnings ratio of 7.15. Meaning, the purchaser of the share is investing €7.15 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 24.26%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 12.5% and a drop 78.9% for the next.
More news about NOS, SGPS.
3. SPBK1 NORD-NORGE (NONG.OL)
61.3% Payout Ratio
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr11.42.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.91. Meaning, the purchaser of the share is investing kr8.91 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 16.21%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6%, now sitting on 5.26B for the twelve trailing months.
Yearly Top and Bottom Value
SPBK1 NORD-NORGE’s stock is valued at kr101.70 at 22:10 EST, below its 52-week high of kr106.20 and way higher than its 52-week low of kr91.90.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.66%.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 20% for the ongoing quarter and 16.3% for the next.
More news about SPBK1 NORD-NORGE.
4. EUROPRIS (EPR.OL)
47.25% Payout Ratio
Europris ASA operates as a discount variety retailer in Norway. It sells own brand and branded merchandise, including laundry and cleaning, pet food and accessories, storage, confectionery and snacks, candles, seasonal items, garden, and home and interior categories, as well as groceries, toys, and do it yourself (DIY) products The company also offers its products through online shopping. Europris ASA was founded in 1992 and is headquartered in Fredrikstad, Norway.
Earnings Per Share
As for profitability, EUROPRIS has a trailing twelve months EPS of kr5.53.
PE Ratio
EUROPRIS has a trailing twelve months price to earnings ratio of 11.34. Meaning, the purchaser of the share is investing kr11.34 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 33.76%.
More news about EUROPRIS.
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%.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
More news about 1.
