(VIANEWS) – BELSHIPS (BELCO.OL), HAFNIA LIMITED (HAFNI.OL), SPBK1 HELGELAND (HELG.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 distribute 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. BELSHIPS (BELCO.OL)
73.27% Payout Ratio
Belships ASA owns and operates dry bulk ships worldwide. It operates through Own Ships, Lighthouse Naviagtion, and Ship Management segments. The company operates a fleet of 34 Supra/Ultramax bulk carriers. It also provides commercial and ship management, technical, crewing, port agency, and logistical services. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, BELSHIPS has a trailing twelve months EPS of kr2.69.
PE Ratio
BELSHIPS has a trailing twelve months price to earnings ratio of 6.83. Meaning, the purchaser of the share is investing kr6.83 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 50.41%.
More news about BELSHIPS.
2. HAFNIA LIMITED (HAFNI.OL)
65.89% Payout Ratio
Hafnia Limited owns and operates oil product tankers. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, Chemical-Handy, and Chemical-MR segments. The company transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It provides ship owning, ship-management, chartering, investment, and agency office services. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr18.11.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 3.87. Meaning, the purchaser of the share is investing kr3.87 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 43.12%.
Yearly Top and Bottom Value
HAFNIA LIMITED’s stock is valued at kr70.00 at 01:10 EST, below its 52-week high of kr75.15 and way higher than its 52-week low of kr48.10.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 93.9% and a negative 93.9%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 23, 2023, the estimated forward annual dividend rate is 8.67 and the estimated forward annual dividend yield is 11.86%.
More news about HAFNIA LIMITED.
3. SPBK1 HELGELAND (HELG.OL)
64.13% 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 kr16.
PE Ratio
SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 8. Meaning, the purchaser of the share is investing kr8 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 11.4%.
More news about SPBK1 HELGELAND.
4. STOLT-NIELSEN (SNI.OL)
41.06% Payout Ratio
Stolt-Nielsen Limited provides transportation, storage, and distribution solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids worldwide. It operates through five segments: Tankers, Terminals, Tank Containers, Stolt Sea Farm, and Stolt-Nielsen Gas. The company also produces, processes, and markets seafood, including turbot and sole; and transports, stores, and distributes chemicals, clean petroleum products, liquefied petroleum gases, vegetable oils, biofuels, and oleochemicals, as well as alternative fuels and feedstocks. In addition, it owns and operates liquid natural gas carriers. The company was founded in 1959 and is based in London, the United Kingdom. Stolt-Nielsen Limited operates as a subsidiary of Fiducia Ltd.
Earnings Per Share
As for profitability, STOLT-NIELSEN has a trailing twelve months EPS of kr56.72.
PE Ratio
STOLT-NIELSEN has a trailing twelve months price to earnings ratio of 5.47. Meaning, the purchaser of the share is investing kr5.47 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 16.8%.
Yearly Top and Bottom Value
STOLT-NIELSEN’s stock is valued at kr310.50 at 01:10 EST, way under its 52-week high of kr371.50 and way above its 52-week low of kr236.00.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.7%, now sitting on 2.86B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
STOLT-NIELSEN’s EBITDA is 186.71.
Moving Average
STOLT-NIELSEN’s value is below its 50-day moving average of kr330.25 and higher than its 200-day moving average of kr296.30.
More news about STOLT-NIELSEN.
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%.
Dividend Yield
As stated by 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%.
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