(VIANEWS) – FLEX LNG (FLNG.OL), SPBK1 NORD-NORGE (NONG.OL), HÖEGH AUTOLINERS (HAUTO.OL) are the highest payout ratio stocks on this list.
We have gathered information concerning 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 distribute them.
When investigating 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. FLEX LNG (FLNG.OL)
112.36% Payout Ratio
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. It also provides chartering services. 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 kr27.12.
PE Ratio
FLEX LNG has a trailing twelve months price to earnings ratio of 11.3. Meaning, the purchaser of the share is investing kr11.3 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 31.6 and the estimated forward annual dividend yield is 9.87%.
Moving Average
FLEX LNG’s worth is below its 50-day moving average of kr322.15 and under its 200-day moving average of kr335.96.
Volume
Today’s last reported volume for FLEX LNG is 7094 which is 75.04% below its average volume of 28424.
Earnings Before Interest, Taxes, Depreciation, and Amortization
FLEX LNG’s EBITDA is 88.24.
More news about FLEX LNG.
2. SPBK1 NORD-NORGE (NONG.OL)
74.68% Payout Ratio
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, 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 financing, real estate leasing, agency, payment, and investment services. The company 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 kr10.98.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing kr8.99 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 15.42%.
Moving Average
SPBK1 NORD-NORGE’s value is above its 50-day moving average of kr95.81 and higher than its 200-day moving average of kr95.09.
Yearly Top and Bottom Value
SPBK1 NORD-NORGE’s stock is valued at kr98.70 at 06:10 EST, below its 52-week high of kr103.60 and way above its 52-week low of kr87.40.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 8.2 and the estimated forward annual dividend yield is 8.26%.
More news about SPBK1 NORD-NORGE.
3. HÖEGH AUTOLINERS (HAUTO.OL)
36.97% Payout Ratio
Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, power equipment, railcars and tramways, trucks, buses, equipment handling, and trailers. It also provides shortsea, terminal, and supply chain management services. Höegh Autoliners ASA was founded in 1927 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, HÖEGH AUTOLINERS has a trailing twelve months EPS of kr27.43.
PE Ratio
HÖEGH AUTOLINERS has a trailing twelve months price to earnings ratio of 3.41. Meaning, the purchaser of the share is investing kr3.41 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 45.37%.
Volume
Today’s last reported volume for HÖEGH AUTOLINERS is 78516 which is 91.24% below its average volume of 897090.
Earnings Before Interest, Taxes, Depreciation, and Amortization
HÖEGH AUTOLINERS’s EBITDA is 13.1.
Sales Growth
HÖEGH AUTOLINERS’s sales growth for the current quarter is 1%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 30, 2023, the estimated forward annual dividend rate is 16.43 and the estimated forward annual dividend yield is 18.69%.
More news about HÖEGH AUTOLINERS.
4. GLANBIA PLC (GL9.IR)
34.69% Payout Ratio
Glanbia plc operates as a nutrition company worldwide. The company manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, online, and gyms, as well the food, drug, mass, and club channels. It also engages in the manufacture and sale of cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes. In addition, the company engages in the financing, research and development, property and land dealing, receivables management, management, property leasing, business service, weight management, and bioactive solutions businesses. It operates a portfolio of brands, including Optimum Nutrition, BSN, Isopure, Nutramino, SlimFast, think!, Amazing Grass, Body & Fit, and LevlUp brands. Glanbia plc was founded in 1964 and is headquartered in Kilkenny, Ireland.
Earnings Per Share
As for profitability, GLANBIA PLC has a trailing twelve months EPS of €0.89.
PE Ratio
GLANBIA PLC has a trailing twelve months price to earnings ratio of 16.73. Meaning, the purchaser of the share is investing €16.73 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 13.35%.
More news about GLANBIA PLC.
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%.
More news about 1.
