(VIANEWS) - GOLDEN OCEAN GROUP (GOGL.OL), HAFNIA LIMITED (HAFNI.OL), SPBK1 ØSTFOLD AKE (SOAG.OL) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn't a guarantee of a future good investment but it's an indicator of whether dividends are being paid and how the company chooses to distribute them.
When researching 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. GOLDEN OCEAN GROUP (GOGL.OL)
74.77% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr11.24.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 12.19. Meaning, the purchaser of the share is investing kr12.19 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 11.25%.
Yearly Top and Bottom Value
GOLDEN OCEAN GROUP's stock is valued at kr137.00 at 17:10 EST, way below its 52-week high of kr167.00 and way above its 52-week low of kr79.30.
Volume
Today's last reported volume for GOLDEN OCEAN GROUP is 241892 which is 34.67% below its average volume of 370290.
Sales Growth
GOLDEN OCEAN GROUP's sales growth is negative 20.9% for the current quarter and 3.6% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 10, 2024, the estimated forward annual dividend rate is 12.6 and the estimated forward annual dividend yield is 9.1%.
More news about GOLDEN OCEAN GROUP.
2. HAFNIA LIMITED (HAFNI.OL)
66.88% Payout Ratio
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr16.39.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 4.59. Meaning, the purchaser of the share is investing kr4.59 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 34.78%.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 1100% and 1248.3%, respectively.Volume
Today's last reported volume for HAFNIA LIMITED is 420453 which is 57.1% below its average volume of 980249.
Sales Growth
HAFNIA LIMITED's sales growth is 1138.7% for the ongoing quarter and 1150.7% for the next.
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3. SPBK1 ØSTFOLD AKE (SOAG.OL)
55.1% Payout Ratio
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; operating credit for agriculture; mortgage products; leasing and factoring services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. SpareBank 1 Østfold Akershus was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr38.29.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.25. Meaning, the purchaser of the share is investing kr9.25 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 12.1%.
Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 34.7% and 17.7%, respectively.More news about SPBK1 ØSTFOLD AKE.
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.