(VIANEWS) – POLARIS MEDIA (POL.OL), ELMERA GROUP (ELMRA.OL), EUROCOMMERCIAL (ECMPA.AS) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio as yet. 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. POLARIS MEDIA (POL.OL)
666.67% Payout Ratio
Polaris Media ASA operates as a digital media company in Norway and Sweden. The company provides digital advertising services. It also prints corporate and external newspapers, including editorial vouchers, advertising vouchers and newspapers, civil prints, and other magazines/vouchers. In addition, the company distributes newspapers, as well as parcels, mails, and food deliveries. The company is headquartered in Trondheim, Norway.
PE Ratio
POLARIS MEDIA has a trailing twelve months price to earnings ratio of 163.33. Meaning, the purchaser of the share is investing kr163.33 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 0.93%.
Volume
Today’s last reported volume for POLARIS MEDIA is 236 which is 77.92% below its average volume of 1069.
Earnings Before Interest, Taxes, Depreciation, and Amortization
POLARIS MEDIA’s EBITDA is 583.33.
Yearly Top and Bottom Value
POLARIS MEDIA’s stock is valued at kr49.00 at 02:10 EST, way under its 52-week high of kr73.80 and above its 52-week low of kr47.20.
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2. ELMERA GROUP (ELMRA.OL)
432.1% Payout Ratio
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers. The Business segment sells electrical power and related services to business consumers. The Nordic segment sells electrical power and related services to consumers in Finland and Sweden. The company also manages, researches, and develops products and services related to electrical power; and offers payment solutions. In addition, it provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr0.84.
PE Ratio
ELMERA GROUP has a trailing twelve months price to earnings ratio of 24.6. Meaning, the purchaser of the share is investing kr24.6 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 5.02%.
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3. EUROCOMMERCIAL (ECMPA.AS)
72.76% Payout Ratio
Eurocommercial Properties N.V. is a Euronext-quoted property investment company and one of Europe's shopping centre specialists. Founded in 1991, Eurocommercial currently owns and operates 24 shopping centres in Belgium, France, Italy, and Sweden with total assets of just over €3.8 billion.
PE Ratio
EUROCOMMERCIAL has a trailing twelve months price to earnings ratio of 7.68. Meaning, the purchaser of the share is investing €7.68 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 7.37%.
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4. KONGSBERG GRUPPEN (KOG.OL)
62.76% Payout Ratio
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr19.11.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 22.8. Meaning, the purchaser of the share is investing kr22.8 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 26.05%.
Moving Average
KONGSBERG GRUPPEN’s worth is under its 50-day moving average of kr463.25 and higher than its 200-day moving average of kr424.95.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 2.66%.
Volume
Today’s last reported volume for KONGSBERG GRUPPEN is 40608 which is 72.88% below its average volume of 149764.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.8% and 5.2%, respectively.
More news about KONGSBERG GRUPPEN.
5. RANA GRUBER (RANA.OL)
50.5% Payout Ratio
Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 3.73. Meaning, the purchaser of the share is investing kr3.73 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 83.84%.
Yearly Top and Bottom Value
RANA GRUBER’s stock is valued at kr56.50 at 02:10 EST, way below its 52-week high of kr65.00 and way above its 52-week low of kr37.05.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.4%, now sitting on 1.4B for the twelve trailing months.
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6. REACH SUBSEA (REACH.OL)
30.98% Payout Ratio
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
Earnings Per Share
As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.58.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.9. Meaning, the purchaser of the share is investing kr6.9 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 18.34%.
Sales Growth
REACH SUBSEA’s sales growth is 12.6% for the present quarter and 71.2% for the next.
Volume
Today’s last reported volume for REACH SUBSEA is 46823 which is 88.11% below its average volume of 394116.
Moving Average
REACH SUBSEA’s worth is higher than its 50-day moving average of kr3.96 and below its 200-day moving average of kr4.17.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REACH SUBSEA’s EBITDA is 13.79.
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