(VIANEWS) – TELENOR (TEL.OL), NOVABASE,SGPS (NBA.LS), TGS (TGS.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 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. 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 37.57. Meaning, the purchaser of the share is investing kr37.57 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 380029 which is 76.6% below its average volume of 1624290.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 19% and positive 56.1% for the next.
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 22.27. Meaning, the purchaser of the share is investing €22.27 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.8%, now sitting on 163.4M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 21, 2023, the estimated forward annual dividend rate is 0.1 and the estimated forward annual dividend yield is 2.1%.
More news about NOVABASE,SGPS.
3. TGS (TGS.OL)
116.25% Payout Ratio
TGS ASA provides geoscience data products and 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 depth and time imaging; 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 kr5.27.
PE Ratio
TGS has a trailing twelve months price to earnings ratio of 28.5. Meaning, the purchaser of the share is investing kr28.5 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 5.01%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 84.7% and 313.9%, respectively.
Moving Average
TGS’s value is way under its 50-day moving average of kr167.21 and below its 200-day moving average of kr156.03.
Volume
Today’s last reported volume for TGS is 82906 which is 81.37% below its average volume of 445157.
Revenue Growth
Year-on-year quarterly revenue growth grew by 31%, now sitting on 757.63M for the twelve trailing months.
More news about TGS.
4. RUBIS (RUI.PA)
72.94% Payout Ratio
Rubis engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean. The company operates through Retail & Marketing, Support & Services, and Renewable Electricity production segments. It operates terminals that provide bulk liquid storage facilities for fuels, chemicals, and agri-food products; and distributes fuels, liquefied gases, bitumen, and lubricants. The company also provides infrastructure, transportation, supply, and services for supporting the development of downstream distribution and marketing activities; and produces photovoltaic electricity. Rubis was incorporated in 1954 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, RUBIS has a trailing twelve months EPS of €2.55.
PE Ratio
RUBIS has a trailing twelve months price to earnings ratio of 9.72. Meaning, the purchaser of the share is investing €9.72 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 9.72%.
Volume
Today’s last reported volume for RUBIS is 118174 which is 35.38% below its average volume of 182895.
Yearly Top and Bottom Value
RUBIS’s stock is valued at €24.78 at 07:10 EST, way under its 52-week high of €27.88 and way above its 52-week low of €20.74.
Moving Average
RUBIS’s value is below its 50-day moving average of €25.82 and higher than its 200-day moving average of €24.65.
More news about RUBIS.
5. ASR NEDERLAND (ASRNL.AS)
58.37% Payout Ratio
ASR Nederland N.V. provides insurance, pensions, and mortgages products for consumers, self-employed persons, and companies. It operates through five segments: Non-Life, Life, Asset Management, Distribution and Services, and Holding and Other. The company offers health, life, pension, funeral expense, and occupational disability insurance products; and non-life insurance products, including road traffic, fire, third-party liability and legal assistance insurance. It also provides financial intermediary services; and develops real estate properties, as well as operates as an asset manager for third parties. ASR Nederland N.V. offers its products under the Loyalis, Ditzo, Europeesche Verzekeringen, a.s.r. asset management, Ardanta, and a.s.r. brand names. The company was formerly known as Fortis Verzekeringen Nederland N.V. and changed its name to ASR Nederland N.V. in October 2008. ASR Nederland N.V. was founded in 1720 and is headquartered in Utrecht, the Netherlands.
Earnings Per Share
As for profitability, ASR NEDERLAND has a trailing twelve months EPS of €4.42.
PE Ratio
ASR NEDERLAND has a trailing twelve months price to earnings ratio of 8.77. Meaning, the purchaser of the share is investing €8.77 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 10.26%.
Yearly Top and Bottom Value
ASR NEDERLAND’s stock is valued at €38.76 at 07:10 EST, way under its 52-week high of €46.08 and way above its 52-week low of €34.71.
Volume
Today’s last reported volume for ASR NEDERLAND is 125549 which is 79.46% below its average volume of 611419.
More news about ASR NEDERLAND.
6. CTT CORREIOS PORT (CTT.LS)
49.54% Payout Ratio
CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.26.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 12.83. Meaning, the purchaser of the share is investing €12.83 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 22.44%.
Sales Growth
CTT CORREIOS PORT’s sales growth is 0.3% for the present quarter and 5.3% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CTT CORREIOS PORT’s EBITDA is 143.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 3.71%.
More news about CTT CORREIOS PORT.
