MAGNORA And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – MAGNORA (MGN.OL), MELHUS SPAREBANK (MELG.OL), SPBK1 HELGELAND (HELG.OL) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio at the moment. 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 researching 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. MAGNORA (MGN.OL)

116.55% Payout Ratio

Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr0.48.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 48.54. Meaning, the purchaser of the share is investing kr48.54 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 3.91%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 1264% and 204.2%, respectively.

Moving Average

MAGNORA’s worth is way under its 50-day moving average of kr28.73 and way below its 200-day moving average of kr30.24.

More news about MAGNORA.

2. MELHUS SPAREBANK (MELG.OL)

79.21% Payout Ratio

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr13.04.

PE Ratio

MELHUS SPAREBANK 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 9.81%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 324.05M for the twelve trailing months.

Moving Average

MELHUS SPAREBANK’s worth is higher than its 50-day moving average of kr154.66 and above its 200-day moving average of kr158.84.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 41% and a negative 13.5%, respectively.

More news about MELHUS SPAREBANK.

3. SPBK1 HELGELAND (HELG.OL)

73.27% Payout Ratio

SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, pension, and insurance products, as well as leasing and mortgage services. The company is also involved in owning, managing, and letting of commercial properties. SpareBank 1 Helgeland was founded in 1860 and is headquartered in Mo i Rana, Norway.

Earnings Per Share

As for profitability, SPBK1 HELGELAND has a trailing twelve months EPS of kr14.7.

PE Ratio

SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 8.95. Meaning, the purchaser of the share is investing kr8.95 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 10.57%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 24.7% and a drop 0.3% for the next.

Sales Growth

SPBK1 HELGELAND’s sales growth for the current quarter is 9.6%.

More news about SPBK1 HELGELAND.

4. AIRBUS (AIR.PA)

36.29% Payout Ratio

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides helicopter-related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; missile and space launcher systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is headquartered in Leiden, the Netherlands.

Earnings Per Share

As for profitability, AIRBUS has a trailing twelve months EPS of €3.9.

PE Ratio

AIRBUS has a trailing twelve months price to earnings ratio of 33.79. Meaning, the purchaser of the share is investing €33.79 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 22.57%.

Moving Average

AIRBUS’s value is under its 50-day moving average of €143.22 and way below its 200-day moving average of €146.64.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 66.51B for the twelve trailing months.

More news about AIRBUS.

5. ASML HOLDING (ASML.AS)

35.61% Payout Ratio

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. In addition, it offers metrology and inspection systems, including YieldStar optical metrology systems to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects. Further, the company provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithography systems, as well as offers customer support and related services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

Earnings Per Share

As for profitability, ASML HOLDING has a trailing twelve months EPS of €17.14.

PE Ratio

ASML HOLDING has a trailing twelve months price to earnings ratio of 41.5. Meaning, the purchaser of the share is investing €41.5 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 48.57%.

Yearly Top and Bottom Value

ASML HOLDING’s stock is valued at €711.30 at 07:10 EST, way under its 52-week high of €1,021.80 and way higher than its 52-week low of €534.40.

More news about ASML HOLDING.

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.

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