FRONTLINE, FLEX LNG, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – FRONTLINE (FRO.OL), FLEX LNG (FLNG.OL), SPAREBANK 1 SMN (MING.OL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
FRONTLINE (FRO.OL) 10.59% 2024-05-31 08:26:06
FLEX LNG (FLNG.OL) 9.87% 2024-05-31 08:26:04
SPAREBANK 1 SMN (MING.OL) 7.98% 2024-05-31 08:43:40
DNB BANK (DNB.OL) 5.92% 2024-05-31 08:25:34
DALATA HOTEL GP. (DHG.IR) 2.83% 2024-05-31 08:22:24

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% Foward Dividend Yield

FRONTLINE’s last close was kr296.70, 44.38% above its 52-week high of kr205.50. Intraday change was 2.16%.

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 kr31.03.

PE Ratio

FRONTLINE has a trailing twelve months price to earnings ratio of 9.77. Meaning, the purchaser of the share is investing kr9.77 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%.

Volatility

FRONTLINE’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.65%, a positive 0.64%, and a positive 1.68%.

FRONTLINE’s highest amplitude of average volatility was 1.80% (last week), 1.48% (last month), and 1.68% (last quarter).

Moving Average

FRONTLINE’s value is way higher than its 50-day moving average of kr163.61 and way higher than its 200-day moving average of kr155.83.

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%.

More news about FRONTLINE.

2. FLEX LNG (FLNG.OL)

9.87% Foward Dividend Yield

FLEX LNG’s last close was kr304.80, 19.54% under its 52-week high of kr378.80. Intraday change was 0.39%.

Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, FLEX LNG has a trailing twelve months EPS of kr26.64.

PE Ratio

FLEX LNG has a trailing twelve months price to earnings ratio of 11.49. Meaning, the purchaser of the share is investing kr11.49 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 16.13%.

More news about FLEX LNG.

3. SPAREBANK 1 SMN (MING.OL)

7.98% Foward Dividend Yield

SPAREBANK 1 SMN’s last close was kr151.40, 0.04% higher than its 52-week high of kr151.34. Intraday change was 0.18%.

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr17.53.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.65. Meaning, the purchaser of the share is investing kr8.65 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 15.64%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 29.9% and 34.1%, respectively.

More news about SPAREBANK 1 SMN.

4. DNB BANK (DNB.OL)

5.92% Foward Dividend Yield

DNB BANK’s last close was kr204.10, 4.09% below its 52-week high of kr212.80. Intraday change was 0.24%.

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr24.82.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.24. Meaning, the purchaser of the share is investing kr8.24 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 15.02%.

Volume

Today’s last reported volume for DNB BANK is 505218 which is 67.62% below its average volume of 1560520.

More news about DNB BANK.

5. DALATA HOTEL GP. (DHG.IR)

2.83% Foward Dividend Yield

DALATA HOTEL GP.’s last close was €4.22, 16.93% below its 52-week high of €5.08. Intraday change was -0.59%.

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands. The company also operates Grain & Grill restaurants; Club Vitae health and fitness clubs; and Red Bean Roastery coffee outlets. In addition, it engages in financing, catering, hotel management, and property investment and holding activities. The company was formerly known as DHGL Limited and changed its name to Dalata Hotel Group plc in February 2014. Dalata Hotel Group plc was founded in 2007 and is based in Dublin, Ireland.

Earnings Per Share

As for profitability, DALATA HOTEL GP. has a trailing twelve months EPS of €0.4.

PE Ratio

DALATA HOTEL GP. has a trailing twelve months price to earnings ratio of 10.49. Meaning, the purchaser of the share is investing €10.49 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 6.9%.

Moving Average

DALATA HOTEL GP.’s worth is under its 50-day moving average of €4.29 and below its 200-day moving average of €4.34.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 607.7M for the twelve trailing months.

Volume

Today’s last reported volume for DALATA HOTEL GP. is 527973 which is 8.28% above its average volume of 487598.

More news about DALATA HOTEL GP..

Leave a Reply

Your email address will not be published. Required fields are marked *