TELENOR And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – TELENOR (TEL.OL), SPAREBANK 1 SØRØ (SOON.OL), ABEO (ABEO.PA) are the highest payout ratio stocks on this list.

We have congregated information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. TELENOR (TEL.OL)

227.38% 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 kr4.09.

PE Ratio

TELENOR has a trailing twelve months price to earnings ratio of 27.81. Meaning, the purchaser of the share is investing kr27.81 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 16.21%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TELENOR’s EBITDA is 2.42.

Yearly Top and Bottom Value

TELENOR’s stock is valued at kr113.75 at 07:10 EST, way under its 52-week high of kr134.95 and way above its 52-week low of kr87.60.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 8.8 and the estimated forward annual dividend yield is 8.08%.

More news about TELENOR.

2. SPAREBANK 1 SØRØ (SOON.OL)

49.24% 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 kr5.28.

PE Ratio

SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 9.47. Meaning, the purchaser of the share is investing kr9.47 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 10.44%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 33.6% and a drop 3.5% for the next.

Moving Average

SPAREBANK 1 SØRØ’s value is under its 50-day moving average of kr50.29 and under its 200-day moving average of kr52.24.

More news about SPAREBANK 1 SØRØ.

3. ABEO (ABEO.PA)

44.85% Payout Ratio

Abéo SA designs, manufactures, and distributes sports and leisure equipment in France and internationally. It offers gymnastics apparatus and landing mats, team sports equipment, physical education, climbing walls, and changing room fittings. It offers its products under the GYMNOVA, JANSSEN-FRITSEN, SPIETH GYMNASTICS, SCHELDE SPORTS, SPIETH AMERICA, SPORTSAFE, ERHARD SPORT, ADEC SPORT, O'JUMP, CANNICE, BOSAN, PCV, VOGOSCOPE, BIGAIRBAG, ENTRE-PRISES, CLIP'n CLIMB, TOP30, FUN SPOT, CLIMBAT, FRANCE EQUIPEMENT, META, PROSPEC, NAVIC, SANITEC, SUFFIXE, and SANELITE brands. The company was founded in 1955 and is headquartered in Rioz, France.

Earnings Per Share

As for profitability, ABEO has a trailing twelve months EPS of €0.89.

PE Ratio

ABEO has a trailing twelve months price to earnings ratio of 18.99. Meaning, the purchaser of the share is investing €18.99 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 8.59%.

Volume

Today’s last reported volume for ABEO is 7 which is 99.03% below its average volume of 726.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 27, 2023, the estimated forward annual dividend rate is 0.33 and the estimated forward annual dividend yield is 1.96%.

More news about ABEO.

4. EUROFINS SCIENT. (ERF.PA)

43.86% Payout Ratio

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of approximately 130,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products. It provides services such as agroscience, including biological assessment, consumer and human, and environmental safety, product chemistry, regulatory consultancy, and seed services; agro testing; assurance, such as product inspection, auditing, certification, training and consultation of food, consumer products, and healthcare and cosmetics; biopharma, and clinical diagnostics. In addition, the company offers consumer product testing, which include product compliance and audit, testing, certifications and approvals, inspections, training courses, and digital media and cyber security for various industries; cosmetics and personal care; environment testing, including water, air, soil, waste, and other products testing; and food and feed testing that include allergen, GMO, grain, meat, nano material, pesticides, and residual DNA testing. Further, it offers audit and certification, training and consulting; and testing for persistent organic pollutants, dioxins and organic contaminants, pesticides, mycotoxins, allergens, and pathogens and vitamins, as well as analyses for genetic modifications. Additionally, the company provides forensic, genomic, maritime, materials and engineering, REACH, and technologies services. The company was founded in 1987 and is headquartered in Luxembourg City, Luxembourg.

Earnings Per Share

As for profitability, EUROFINS SCIENT. has a trailing twelve months EPS of €2.28.

PE Ratio

EUROFINS SCIENT. has a trailing twelve months price to earnings ratio of 24.69. Meaning, the purchaser of the share is investing €24.69 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 9.12%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.9%, now sitting on 6.51B for the twelve trailing months.

Volume

Today’s last reported volume for EUROFINS SCIENT. is 29756 which is 91.66% below its average volume of 357001.

Yearly Top and Bottom Value

EUROFINS SCIENT.’s stock is valued at €56.30 at 07:10 EST, way under its 52-week high of €72.64 and above its 52-week low of €53.46.

More news about EUROFINS SCIENT..

5. BYGGMA (BMA.OL)

31.45% Payout Ratio

Byggma ASA manufactures and supplies building materials in Norway, Sweden, Denmark, Finland, the United Kingdom, the Netherlands, and internationally. It offers pre-painted ceilings and wall panels under the Huntonit brand name; I-beams for use in ceilings, walls, and floors in wood-based buildings under the brand name of Masonite; and particle boards, boards, and structural panels for use in buildings, interior ceilings, and wall panels under the Forestia brand name. The company also provides home lighting products under the Scan Lamps brand name; doors and windows for new buildings, extensions, and rehabilitation under the brand name of Uldal; a range of lamp and lighting products under the Aneta brand name; and develops, manufactures, and distributes MDF panels for walls, ceilings, bathrooms, and kitchens under the brand name of Smartpanel, as well as supplies OSB plywood and building boards under the brand name of Byggform. It exports its products. Byggma ASA is headquartered in Vennesla, Norway. Byggma ASA operates as a subsidiary of Investor As.

Earnings Per Share

As for profitability, BYGGMA has a trailing twelve months EPS of kr2.64.

PE Ratio

BYGGMA has a trailing twelve months price to earnings ratio of 8.52. Meaning, the purchaser of the share is investing kr8.52 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 28.78%.

More news about BYGGMA.

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

As claimed 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%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

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