ITERA And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – SELVAAG BOLIG (SBO.OL), WERELDHAVE BELGIUM (WEHB.BR), ITERA (ITERA.OL) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a promise 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. 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 2.22. Meaning, the purchaser of the share is investing kr2.22 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%.

More news about SELVAAG BOLIG.

2. WERELDHAVE BELGIUM (WEHB.BR)

65.5% Payout Ratio

Wereldhave Belgium focuses on shopping centres and retail parks that are dominant in their catchment area. The shares are listed on the Euronext Brussels stock exchange. On 31 March 2020, Wereldhave Belgium's market capitalisation amounts to € 403 million.

Earnings Per Share

As for profitability, WERELDHAVE BELGIUM has a trailing twelve months EPS of €-2.81.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.05%.

More news about WERELDHAVE BELGIUM.

3. ITERA (ITERA.OL)

55.56% Payout Ratio

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.59.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 21.02. Meaning, the purchaser of the share is investing kr21.02 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 138.07%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 22.5%, now sitting on 735.84M for the twelve trailing months.

Volume

Today’s last reported volume for ITERA is 543 which is 98% below its average volume of 27242.

Sales Growth

ITERA’s sales growth is 21% for the ongoing quarter and 11.2% for the next.

More news about ITERA.

4. FRØY (FROY.OL)

32.05% Payout Ratio

Frøy ASA provides integrated service to the aquaculture industry in Norway. The company offers wellboat services, sea freight, de-lice and treatment, mooring and laying, ring washing and cage services, net washing and mending, inspection and certification, bottom mapping and documentation, slep, diving and ROV, and control system. It owns and operates 18 wellboats, 60 aqua service vessels, 3 feed transport vessels, and 13 local offices along the Norwegian coast. The company was founded in 2019 and is headquartered in Sistranda, Norway.

Earnings Per Share

As for profitability, FRØY has a trailing twelve months EPS of kr4.72.

PE Ratio

FRØY has a trailing twelve months price to earnings ratio of 13.26. Meaning, the purchaser of the share is investing kr13.26 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 10.16%.

Volume

Today’s last reported volume for FRØY is 75141 which is 55.38% below its average volume of 168421.

More news about FRØY.

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