MELHUS SPAREBANK, SPBK1 RINGERIKE, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – MELHUS SPAREBANK (MELG.OL), SPBK1 RINGERIKE (RING.OL), REXEL (RXL.PA) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
MELHUS SPAREBANK (MELG.OL) 7.94% 2024-08-20 08:41:08
SPBK1 RINGERIKE (RING.OL) 6.56% 2024-08-20 08:43:53
REXEL (RXL.PA) 5.34% 2024-08-18 12:01:46
TGS (TGS.OL) 4.41% 2024-08-20 08:44:11

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. MELHUS SPAREBANK (MELG.OL)

7.94% Foward Dividend Yield

MELHUS SPAREBANK’s last close was kr157.98, 7.61% below its 52-week high of kr171.00. Intraday change was -0.01%.

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 12.12. Meaning, the purchaser of the share is investing kr12.12 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.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 7.94%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, MELHUS SPAREBANK’s stock is considered to be overbought (>=80).

Yearly Top and Bottom Value

MELHUS SPAREBANK’s stock is valued at kr157.98 at 07:50 EST, below its 52-week high of kr171.00 and higher than its 52-week low of kr151.60.

More news about MELHUS SPAREBANK.

2. SPBK1 RINGERIKE (RING.OL)

6.56% Foward Dividend Yield

SPBK1 RINGERIKE’s last close was kr304.00, 5% below its 52-week high of kr320.00. Intraday change was 0%.

SpareBank 1 Ringerike Hadeland, a regional savings bank, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products. In addition, the company offers debit and credit cards, as well as mobile and online banking services. Further, it provides real estate brokerage services; and accounting, payroll, and counselling services. The company offers its services through its digital platforms and customer centers. SpareBank 1 Ringerike Hadeland was founded in 1833 and is headquartered in Hønefoss, Norway.

Earnings Per Share

As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr32.44.

PE Ratio

SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 9.37. Meaning, the purchaser of the share is investing kr9.37 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 11.09%.

Yearly Top and Bottom Value

SPBK1 RINGERIKE’s stock is valued at kr304.00 at 07:50 EST, below its 52-week high of kr320.00 and higher than its 52-week low of kr278.00.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 47.7% and a drop 3.2% for the next.

More news about SPBK1 RINGERIKE.

3. REXEL (RXL.PA)

5.34% Foward Dividend Yield

REXEL’s last close was €22.41, 22.4% under its 52-week high of €28.88. Intraday change was 0.2%.

Rexel S.A., together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks. It also provides solar modules and inverters; connected lighting, intelligent home system, home control touch screen, and smart thermostat products; residential chargers, commercial stations, and charging cables for electric vehicles; electric motors, variable speed drives, programmable logic controllers, and computers and operator interface; and fastening systems, electrical power and control, and valves and instrumentation products. The company offers products, services, and solutions in the fields of technical supply, automation, and energy management related to the construction, renovation, maintenance, and production. It operates in 21 countries. The company was founded in 1967 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, REXEL has a trailing twelve months EPS of €2.57.

PE Ratio

REXEL has a trailing twelve months price to earnings ratio of 9.74. Meaning, the purchaser of the share is investing €9.74 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 12.84%.

More news about REXEL.

4. TGS (TGS.OL)

4.41% Foward Dividend Yield

TGS’s last close was kr123.40, 23.87% below its 52-week high of kr162.10. Intraday change was -1.2%.

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr2.14.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 57.76. Meaning, the purchaser of the share is investing kr57.76 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 2.14%.

Volume

Today’s last reported volume for TGS is 171588 which is 64.92% below its average volume of 489136.

More news about TGS.

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