(VIANEWS) – GC RIEBER SHIPPING (RISH.OL), SPBK1 RINGERIKE (RING.OL), SELVAAG BOLIG (SBO.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 issue them.
When investigating 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. GC RIEBER SHIPPING (RISH.OL)
129.62% Payout Ratio
GC Rieber Shipping ASA operates as a ship owner and project house with a focus on developing maritime projects in Norway and internationally. It also provides services for scientific expeditions and logistics operations, as well as services to the oil and gas sector. The company was founded in 1879 and is headquartered in Bergen, Norway. GC Rieber Shipping ASA is a subsidiary of GC Rieber AS.
Earnings Per Share
As for profitability, GC RIEBER SHIPPING has a trailing twelve months EPS of kr0.39.
PE Ratio
GC RIEBER SHIPPING has a trailing twelve months price to earnings ratio of 33.46. Meaning, the purchaser of the share is investing kr33.46 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 negative -2.94%.
2. SPBK1 RINGERIKE (RING.OL)
103.63% Payout Ratio
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.58. Meaning, the purchaser of the share is investing kr14.58 for every norwegian krone of annual earnings.
3. SELVAAG BOLIG (SBO.OL)
91.07% Payout Ratio
Selvaag Bolig ASA, a housing development company, engages in the construction and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. It also offers project management and property rental services. The company was incorporated in 2008 and is headquartered in Oslo, Norway. Selvaag Bolig ASA is a subsidiary of Selvaag AS.
Earnings Per Share
As for profitability, SELVAAG BOLIG has a trailing twelve months EPS of kr16.33.
PE Ratio
SELVAAG BOLIG has a trailing twelve months price to earnings ratio of 2.17. Meaning, the purchaser of the share is investing kr2.17 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 14.08%.
Yearly Top and Bottom Value
SELVAAG BOLIG’s stock is valued at kr35.35 at 06:10 EST, way below its 52-week high of kr53.30 and way higher than its 52-week low of kr28.65.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 27, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 11.4%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SELVAAG BOLIG’s EBITDA is 42.83.
Revenue Growth
Year-on-year quarterly revenue growth declined by 56.9%, now sitting on 2.9B for the twelve trailing months.
4. NEURONES (NRO.PA)
58.48% Payout Ratio
Neurones S.A., an information technology (IT) services company, provides infrastructure, application, and consulting services in France and internationally. Its infrastructure services include infrastructure management, clouds, user support, DevOps, cybersecurity, IT service management, information system governance, and automation. The company also provides application services in the areas of SAP integration and outsourcing; mobility, data, IoT, digital, agile, UX/UI, and DevOps; IT consulting for finance, big data, AI and blockchain; content management, business process management, paperless process; and IT training and working with change management. In addition, it offers consulting services, including management and digital transformation, and digital marketing consulting; digital transformation services in the areas of agile/scrum, DevOps, CI/CD, cloud, infrastructure as code, cyber security, analytics, big data, mobility, digital workplace, connected devices, innovations, client experience, UX/UI, and digital marketing, as well as internal process digitization, ECM/BPM, RPA, dematerialization, AI, predictive maintenance, machine learning, and blockchain; and managed services/outsourcing services. The company serves banking/insurance, services/consumer goods, energy/utilities/healthcare, technologies/media/telecoms, industry/public works and civil engineering, and public sector markets. Neurones S.A. was founded in 1984 and is headquartered in Nanterre, France.
Earnings Per Share
As for profitability, NEURONES has a trailing twelve months EPS of €1.27.
PE Ratio
NEURONES has a trailing twelve months price to earnings ratio of 33.39. Meaning, the purchaser of the share is investing €33.39 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 14.03%.
Volume
Today’s last reported volume for NEURONES is 692 which is 73.53% below its average volume of 2615.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 8, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 2.4%.
Sales Growth
NEURONES’s sales growth for the current quarter is 3.9%.
5. OKEANIS ECO TANKER (OET.OL)
48.41% Payout Ratio
Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers, seven modern scrubber-fitted VLCC tankers, and a VLCC tanker. The company was incorporated in 2018 and is based in Piraeus, Greece.
Earnings Per Share
As for profitability, OKEANIS ECO TANKER has a trailing twelve months EPS of kr-2.17.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.67%.
Moving Average
OKEANIS ECO TANKER’s value is way higher than its 50-day moving average of kr191.94 and way higher than its 200-day moving average of kr157.11.
Yearly Top and Bottom Value
OKEANIS ECO TANKER’s stock is valued at kr266.50 at 06:10 EST, under its 52-week high of kr268.50 and way higher than its 52-week low of kr82.00.
6. PERRIER (GERARD) (PERR.PA)
47.62% Payout Ratio
Gérard Perrier Industrie S.A. engages in designing, manufacturing, installing, and maintaining of electrical, electronic, automation, and instrumentation equipment in France and internationally. It engages in the engineering, installation, and maintenance of HV/LV distribution networks, electric drive systems, low current systems, lighting products, electric boxes, cabinets, and modules. The company is also involved in the study, manufacture, and installation of electronic boards, modules, sub-assemblies, assemblies, man-machine interfaces for on-board systems, built-in automated and electronic systems, switched-mode power supplies and converters for on-board systems, and variators and engine control systems; study, engineering, and maintenance of automation projects; and design, analysis, and programming of techniques for automation supervision and MES systems. In addition, it manufactures sub-assemblies, such as electronic, electro-technical, assembly of mechanical, and fluid and pneumatic modules; implements engineering projects in the oil and gas, nuclear, and military sectors; and technical assistance for various businesses, such as mechanics, valves, boiler-making, civil engineering, and non-destructive testing. The company was founded in 1967 and is headquartered in Lyon, France. Gérard Perrier Industrie S.A. is a subsidiary of Amperra SAS.
Earnings Per Share
As for profitability, PERRIER (GERARD) has a trailing twelve months EPS of €3.11.
PE Ratio
PERRIER (GERARD) has a trailing twelve months price to earnings ratio of 30.27. Meaning, the purchaser of the share is investing €30.27 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 17.05%.
Yearly Top and Bottom Value
PERRIER (GERARD)’s stock is valued at €94.00 at 06:10 EST, under its 52-week high of €102.50 and way above its 52-week low of €76.00.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 8, 2022, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.08%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.1%, now sitting on 261.6M for the twelve trailing months.
