(VIANEWS) – TELENOR (TEL.OL), NOVABASE,SGPS (NBA.LS), VÅR ENERGI (VAR.OL) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio at the moment. 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 researching 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. TELENOR (TEL.OL)
320.69% Payout Ratio
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. The company's mobile communication services comprise voice, data, Internet, and content services, as well as customer equipment and messaging. Its fixed services consist of telephony, Internet and TV, and leased lines, as well as data and managed services; and broadcasting and data communication services through satellite, terrestrial radio, and TV transmission. The company also provides machine-to-machine communication, as well as internet based services. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway.
Earnings Per Share
As for profitability, TELENOR has a trailing twelve months EPS of kr2.9.
PE Ratio
TELENOR has a trailing twelve months price to earnings ratio of 38.36. Meaning, the purchaser of the share is investing kr38.36 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 10.3%.
Volume
Today’s last reported volume for TELENOR is 427906 which is 74.01% below its average volume of 1646770.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 19% and positive 56.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
TELENOR’s EBITDA is 2.87.
Moving Average
TELENOR’s value is way below its 50-day moving average of kr123.81 and above its 200-day moving average of kr107.97.
More news about TELENOR.
2. NOVABASE,SGPS (NBA.LS)
195.45% Payout Ratio
Novabase S.G.P.S., S.A., through its subsidiaries, provides IT consulting and services in Portugal, Europe, Africa, the Middle East, and internationally. It operates through two segments, Next-Gen and Value Portfolio. The Next-Gen segment develops IT consulting and services to banks, insurance, capital markets, and telecommunication sectors. This segment operates under the Celfocus brand name. The Value Portfolio segment operates and develops IT consulting, staffing, and services under the Neotalent brand. This segment involves in venture capital activities. Novabase S.G.P.S., S.A. was incorporated in 1989 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, NOVABASE,SGPS has a trailing twelve months EPS of €0.22.
PE Ratio
NOVABASE,SGPS has a trailing twelve months price to earnings ratio of 22.32. Meaning, the purchaser of the share is investing €22.32 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 10.08%.
Volume
Today’s last reported volume for NOVABASE,SGPS is 100 which is 97.91% below its average volume of 4805.
Moving Average
NOVABASE,SGPS’s worth is higher than its 50-day moving average of €4.75 and way above its 200-day moving average of €4.43.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.8%, now sitting on 163.4M for the twelve trailing months.
More news about NOVABASE,SGPS.
3. VÅR ENERGI (VAR.OL)
146.97% Payout Ratio
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Vår Energi AS is a subsidiary of Eni International B.V.
Earnings Per Share
As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr3.39.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 7.76. Meaning, the purchaser of the share is investing kr7.76 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 43.94%.
Yearly Top and Bottom Value
VÅR ENERGI’s stock is valued at kr26.32 at 07:10 EST, way under its 52-week high of kr47.19 and higher than its 52-week low of kr24.25.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.8%, now sitting on 9.39B for the twelve trailing months.
More news about VÅR ENERGI.
4. SPAREBANK 1 SR-BK (SRBNK.OL)
45.05% Payout Ratio
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr13.61.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing kr8.82 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 12.1%.
Volume
Today’s last reported volume for SPAREBANK 1 SR-BK is 32947 which is 83.29% below its average volume of 197233.
Moving Average
SPAREBANK 1 SR-BK’s worth is higher than its 50-day moving average of kr119.68 and above its 200-day moving average of kr115.97.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 5.94%.
Yearly Top and Bottom Value
SPAREBANK 1 SR-BK’s stock is valued at kr120.10 at 07:10 EST, below its 52-week high of kr131.00 and way higher than its 52-week low of kr98.65.
More news about SPAREBANK 1 SR-BK.
