(VIANEWS) - GOLDEN OCEAN GROUP (GOGL.OL), SPAREBANK 1 SØRØ (SOON.OL), QRF (QRF.BR) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to now. 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 distribute 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. GOLDEN OCEAN GROUP (GOGL.OL)
101.23% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company's vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers. As of March 16, 2023, it owned a fleet of 74 dry bulk vessels. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, GOLDEN OCEAN GROUP has a trailing twelve months EPS of kr16.4.
PE Ratio
GOLDEN OCEAN GROUP has a trailing twelve months price to earnings ratio of 4.65. Meaning, the purchaser of the share is investing kr4.65 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 17.52%.More news about GOLDEN OCEAN GROUP.
2. SPAREBANK 1 SØRØ (SOON.OL)
54.28% Payout Ratio
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.78.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.36. Meaning, the purchaser of the share is investing kr10.36 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 10.73%.More news about SPAREBANK 1 SØRØ.
3. QRF (QRF.BR)
47.62% Payout Ratio
Qrf Comm. VA is a publicly owned real estate investment trust. It invests in the real estate markets of Belgium. The firm specializes in retail properties. Qrf Comm. VA was founded in September 3, 2013 and is based in Belgium.
Earnings Per Share
As for profitability, QRF has a trailing twelve months EPS of €1.68.
PE Ratio
QRF has a trailing twelve months price to earnings ratio of 5.98. Meaning, the purchaser of the share is investing €5.98 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 10.42%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 8.08%.
More news about QRF.