(VIANEWS) – FRONTLINE (FRO.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Energy sector.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| FRONTLINE (FRO.OL) | kr265.40 | 10.59% | 33.1% |
| DNO (DNO.OL) | kr10.26 | 9.94% | 19.33% |
Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. FRONTLINE (FRO.OL)
10.59% Forward Dividend Yield and 33.1% Return On Equity
Frontline plc, a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2023, the company operated a fleet of 76 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Limassol, Cyprus.
Earnings Per Share
As for profitability, FRONTLINE has a trailing twelve months EPS of kr32.53.
PE Ratio
FRONTLINE has a trailing twelve months price to earnings ratio of 8.16. Meaning, the purchaser of the share is investing kr8.16 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 33.1%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 15, 2023, the estimated forward annual dividend rate is 20.26 and the estimated forward annual dividend yield is 10.59%.
Yearly Top and Bottom Value
FRONTLINE’s stock is valued at kr265.40 at 12:30 EST, way above its 52-week high of kr205.50.
More news about FRONTLINE.
2. DNO (DNO.OL)
9.94% Forward Dividend Yield and 19.33% Return On Equity
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 kr0.22.
PE Ratio
DNO has a trailing twelve months price to earnings ratio of 46.64. Meaning, the purchaser of the share is investing kr46.64 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%.
More news about DNO.
