SPAREBANK 1 SØRØ And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ALSTOM (ALO.PA), AVANCE GAS HOLDING (AGAS.OL), DNB BANK (DNB.OL) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 investigating 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. ALSTOM (ALO.PA)

178.57% Payout Ratio

Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, Central Asia, and Africa. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter trains, regional and intercity trains, high-speed trains, and locomotives; asset optimization, cybersecurity, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling. It also provides APM, monorail, tram, metro, and main line systems; and tracklaying and track solutions, catenary free and ground feeding solutions, electrification solutions, and electromechanical equipment., as well as cybersecurity solutions. In addition, the company provides maintenance, modernization, parts and repair, and support services. Further, it offers various components, including bogies, motors and generators, switchgears, auxiliary converters, traction transformers, brake friction, components propulsion, train control and information systems, hydrogen and battery solutions, and dispen dampers. The company was founded in 1928 and is based in Saint-Ouen, France.

Earnings Per Share

As for profitability, ALSTOM has a trailing twelve months EPS of €-0.29.

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 negative -0.93%.

More news about ALSTOM.

2. AVANCE GAS HOLDING (AGAS.OL)

83.97% Payout Ratio

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2022, it owned and operated through a fleet of twelve very large gas carriers and four dual-fuel LPG newbuildings. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd operates as a subsidiary of Hemen Holding Ltd.

Earnings Per Share

As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr18.79.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 6.42. Meaning, the purchaser of the share is investing kr6.42 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 17.24%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 128.8% and 179.1%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 21.31 and the estimated forward annual dividend yield is 22.06%.

More news about AVANCE GAS HOLDING.

3. DNB BANK (DNB.OL)

53.69% Payout Ratio

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr24.93.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.54. Meaning, the purchaser of the share is investing kr8.54 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 15.02%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.92%.

Sales Growth

DNB BANK’s sales growth is 24.3% for the present quarter and 12% for the next.

Moving Average

DNB BANK’s worth is higher than its 50-day moving average of kr202.30 and way above its 200-day moving average of kr193.35.

Yearly Top and Bottom Value

DNB BANK’s stock is valued at kr212.90 at 21:10 EST, higher than its 52-week high of kr212.80.

More news about DNB BANK.

4. WDP (WDP.BR)

47.31% Payout Ratio

WDP develops and invests in logistics property (warehouses and offices). WDP has over 7 million m² of properties in its portfolio. This international portfolio of semi-industrial and logistics buildings is spread over about 300 sites at prime logistics hubs for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.

Earnings Per Share

As for profitability, WDP has a trailing twelve months EPS of €-1.06.

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 0.58%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14%, now sitting on 400.42M for the twelve trailing months.

Yearly Top and Bottom Value

WDP’s stock is valued at €25.60 at 21:10 EST, way under its 52-week high of €28.94 and way higher than its 52-week low of €22.16.

More news about WDP.

5. SPAREBANK 1 SØRØ (SOON.OL)

46.51% 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 kr5.47.

PE Ratio

SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 12.25. Meaning, the purchaser of the share is investing kr12.25 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 10.15%.

Volume

Today’s last reported volume for SPAREBANK 1 SØRØ is 8647 which is 71.04% below its average volume of 29862.

More news about SPAREBANK 1 SØRØ.

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.

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 1%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.

More news about 1.

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