SPAREBANKEN VEST, REACH SUBSEA, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – SPAREBANKEN VEST (SVEG.OL), REACH SUBSEA (REACH.OL), TGS (TGS.OL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
SPAREBANKEN VEST (SVEG.OL) 5.93% 2024-06-10 08:43:40
REACH SUBSEA (REACH.OL) 5.45% 2024-06-10 08:42:45
TGS (TGS.OL) 4.73% 2024-06-10 08:44:10
EQUINOR (EQNR.OL) 3.75% 2024-06-10 08:26:42

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. SPAREBANKEN VEST (SVEG.OL)

5.93% Foward Dividend Yield

SPAREBANKEN VEST’s last close was kr126.54, 4.69% below its 52-week high of kr132.76. Intraday change was -0.92%.

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. Sparebanken Vest was founded in 1823 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr14.02.

PE Ratio

SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 8.94. Meaning, the purchaser of the share is investing kr8.94 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 17.74%.

More news about SPAREBANKEN VEST.

2. REACH SUBSEA (REACH.OL)

5.45% Foward Dividend Yield

REACH SUBSEA’s last close was kr6.60, 2.94% under its 52-week high of kr6.80. Intraday change was -0.61%.

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. The company 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 kr0.89.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 7.37. Meaning, the purchaser of the share is investing kr7.37 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 27.53%.

Sales Growth

REACH SUBSEA’s sales growth is 20% for the current quarter and negative 1.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 145.8%, now sitting on 2.31B for the twelve trailing months.

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3. TGS (TGS.OL)

4.73% Foward Dividend Yield

TGS’s last close was kr128.60, 20.72% below its 52-week high of kr162.20. Intraday change was 0.78%.

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr1.16.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 111.72. Meaning, the purchaser of the share is investing kr111.72 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 1.13%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 12.7% and positive 60% for the next.

Moving Average

TGS’s worth is higher than its 50-day moving average of kr125.36 and above its 200-day moving average of kr126.31.

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4. EQUINOR (EQNR.OL)

3.75% Foward Dividend Yield

EQUINOR’s last close was kr298.15, 27.45% under its 52-week high of kr410.95. Intraday change was 0.4%.

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, EQUINOR has a trailing twelve months EPS of kr34.38.

PE Ratio

EQUINOR has a trailing twelve months price to earnings ratio of 8.71. Meaning, the purchaser of the share is investing kr8.71 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 52.91%.

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