(VIANEWS) – SPAREBANK 1 SMN (MING.OL), ORKLA (ORK.OL), SPBK 1 NORDMØRE (SNOR.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. SPAREBANK 1 SMN (MING.OL)
65.58% Payout Ratio
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr11.44.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 14.3. Meaning, the purchaser of the share is investing kr14.3 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 11.54%.
Volume
Today’s last reported volume for SPAREBANK 1 SMN is 51844 which is 61.88% below its average volume of 136033.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.5 and the estimated forward annual dividend yield is 5.26%.
Sales Growth
SPAREBANK 1 SMN’s sales growth is 0.8% for the current quarter and 14.5% for the next.
Yearly Top and Bottom Value
SPAREBANK 1 SMN’s stock is valued at kr126.80 at 17:10 EST, way under its 52-week high of kr142.00 and way higher than its 52-week low of kr107.60.
More news about SPAREBANK 1 SMN.
2. ORKLA (ORK.OL)
57.69% Payout Ratio
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ORKLA has a trailing twelve months EPS of kr5.04.
PE Ratio
ORKLA has a trailing twelve months price to earnings ratio of 15.3. Meaning, the purchaser of the share is investing kr15.3 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 12.77%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 12.9% and a negative 11.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.6%, now sitting on 58.39B for the twelve trailing months.
More news about ORKLA.
3. SPBK 1 NORDMØRE (SNOR.OL)
50.15% Payout Ratio
SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.
Earnings Per Share
As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr9.31.
PE Ratio
SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 13.21. Meaning, the purchaser of the share is investing kr13.21 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 9.57%.
Moving Average
SPBK 1 NORDMØRE’s worth is below its 50-day moving average of kr126.34 and under its 200-day moving average of kr126.03.
Sales Growth
SPBK 1 NORDMØRE’s sales growth is 38.5% for the present quarter and 7.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 52.3%, now sitting on 771M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 15.2% and 87.6%, respectively.
More news about SPBK 1 NORDMØRE.
4. SPBK1 HELGELAND (HELG.OL)
46.91% 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, and insurance products, as well as leasing and mortgage services. The company is also involved in owning, managing, and letting commercial properties. It operates through branches located in Mosjøen, Brønnøysund, and Sandnessjøen. The company 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 kr12.7.
PE Ratio
SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 9.92. Meaning, the purchaser of the share is investing kr9.92 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 9.31%.
Volume
Today’s last reported volume for SPBK1 HELGELAND is 979 which is 85.51% below its average volume of 6761.
More news about SPBK1 HELGELAND.
