(VIANEWS) – OLAV THON EIENDOMS (OLT.OL), ABC ARBITRAGE (ABCA.PA), SPBK1 RINGERIKE (RING.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 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. OLAV THON EIENDOMS (OLT.OL)
92.86% Payout Ratio
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden. It is also involved in the property development and management business. The company was founded in 1982 and is based in Oslo, Norway. Olav Thon Eiendomsselskap ASA is s a subsidiary of Olav Thon Group.
Earnings Per Share
As for profitability, OLAV THON EIENDOMS has a trailing twelve months EPS of kr7.08.
PE Ratio
OLAV THON EIENDOMS has a trailing twelve months price to earnings ratio of 23.87. Meaning, the purchaser of the share is investing kr23.87 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 negative -0.81%.
Yearly Top and Bottom Value
OLAV THON EIENDOMS’s stock is valued at kr169.00 at 22:10 EST, way below its 52-week high of kr189.50 and higher than its 52-week low of kr164.00.
Moving Average
OLAV THON EIENDOMS’s value is above its 50-day moving average of kr168.91 and below its 200-day moving average of kr173.21.
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2. ABC ARBITRAGE (ABCA.PA)
81.63% Payout Ratio
ABC arbitrage SA, together with its subsidiaries, engages in the development of arbitrage strategies for liquid assets worldwide. It develops liquidity, statistical, risk, and derivatives arbitrage strategies; and provides asset and portfolio management services. The company was incorporated in 1995 and is based in Paris, France.
Earnings Per Share
As for profitability, ABC ARBITRAGE has a trailing twelve months EPS of €0.49.
PE Ratio
ABC ARBITRAGE has a trailing twelve months price to earnings ratio of 12.08. Meaning, the purchaser of the share is investing €12.08 for every euro 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 18.12%.
Moving Average
ABC ARBITRAGE’s value is below its 50-day moving average of €5.96 and below its 200-day moving average of €6.27.
Sales Growth
ABC ARBITRAGE’s sales growth for the current quarter is negative 8.1%.
More news about ABC ARBITRAGE.
3. SPBK1 RINGERIKE (RING.OL)
49.16% Payout Ratio
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr26.66.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 11.63. Meaning, the purchaser of the share is investing kr11.63 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 10.56%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.8%, now sitting on 973.3M for the twelve trailing months.
More news about SPBK1 RINGERIKE.
4. HAFNIA LIMITED (HAFNI.OL)
40.35% Payout Ratio
Hafnia Limited owns and operates oil product tankers. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, Chemical-Handy, and Chemical-MR segments. The company transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It provides ship owning, ship-management, chartering, investment, and agency office services. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr20.09.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 3. Meaning, the purchaser of the share is investing kr3 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 56.56%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
HAFNIA LIMITED’s EBITDA is 138.06.
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5. GRIEG SEAFOOD (GSF.OL)
37.97% Payout Ratio
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the production and sale of Atlantic salmon. The company was founded in 1884 and is headquartered in Bergen, Norway. Grieg Seafood ASA operates as a subsidiary of Grieg Aqua AS.
Earnings Per Share
As for profitability, GRIEG SEAFOOD has a trailing twelve months EPS of kr7.9.
PE Ratio
GRIEG SEAFOOD has a trailing twelve months price to earnings ratio of 9.46. Meaning, the purchaser of the share is investing kr9.46 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 13.38%.
Moving Average
GRIEG SEAFOOD’s value is higher than its 50-day moving average of kr72.78 and below its 200-day moving average of kr76.75.
Earnings Before Interest, Taxes, Depreciation, and Amortization
GRIEG SEAFOOD’s EBITDA is 15.45.
More news about GRIEG SEAFOOD.
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.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
More news about 1.
