TGS And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – TGS (TGS.OL), VASTNED BELGIUM (VASTB.BR), SPBK1 RINGERIKE (RING.OL) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio as yet. 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. TGS (TGS.OL)

123.89% 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 kr4.83.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing kr29.42 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 4.74%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 320.3% and 24.7%, respectively.

Volume

Today’s last reported volume for TGS is 375063 which is 1.67% below its average volume of 381440.

Sales Growth

TGS’s sales growth for the next quarter is 37.5%.

More news about TGS.

2. VASTNED BELGIUM (VASTB.BR)

84.91% Payout Ratio

Vastned Belgium is a public regulated real estate company (RREC), the shares of which are listed on Euronext Brussels (VASTB). Vastned Belgium invests exclusively in Belgian commercial real estate, more specifically in multi-functional retail properties located in the popular shopping cities of Antwerp, Brussels, Ghent and Bruges. The real estate portfolio also comprises high-end retail parks and retail warehouses. A smaller part of the portfolio is invested in hospitality and residential units.

Earnings Per Share

As for profitability, VASTNED BELGIUM has a trailing twelve months EPS of €2.65.

PE Ratio

VASTNED BELGIUM has a trailing twelve months price to earnings ratio of 10.6. Meaning, the purchaser of the share is investing €10.6 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 5.94%.

Volume

Today’s last reported volume for VASTNED BELGIUM is 223 which is 66.81% below its average volume of 672.

More news about VASTNED BELGIUM.

3. SPBK1 RINGERIKE (RING.OL)

49.16% Payout Ratio

SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.

Earnings Per Share

As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr27.12.

PE Ratio

SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 11.36. Meaning, the purchaser of the share is investing kr11.36 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 10.56%.

Yearly Top and Bottom Value

SPBK1 RINGERIKE’s stock is valued at kr308.00 at 02:10 EST, way under its 52-week high of kr344.00 and higher than its 52-week low of kr304.00.

Sales Growth

SPBK1 RINGERIKE’s sales growth is 16.5% for the ongoing quarter and 21.7% for the next.

More news about SPBK1 RINGERIKE.

4. SOPRA STERIA GROUP (SOP.PA)

35.52% Payout Ratio

Sopra Steria Group SA provides consulting, digital, and software development services in France and internationally. The company operates through five segments: France, United Kingdom, Other Europe, Sopra Banking Software, and Other Solutions. It offers digital transformation consulting services; technology services in the field of artificial intelligence, blockchain, cloud, data, internet of things, and intelligent process automation; systems integration comprising smart application modernisation and product lifecycle management; infrastructure management services, including consulting, managed and cloud, end-user support, digital workplace, and legacy services; and cybersecurity services. The company also provides property management solutions; banking solutions, including software, support, and associated consulting services to banks and financial institutions; and HR solutions to public and private sector organisations, as well as acts as a software house, integrator, advisor, and cloud player. In addition, it offers business process services, such as creation or on-boarding, and operation of multi-function shared services; and operation of finance and administration, and human resource functions, as well as operation of specialised industry-specific business processes comprising operating and executing services in police control rooms, managing compliance in financial services, and managing customer services for large utilities. It serves aerospace, defense and security, energy and utilities, financial services, insurance and social, government, retail, telecommunication, media and entertainment, and transport industries. Sopra Steria Group SA was incorporated in 1968 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, SOPRA STERIA GROUP has a trailing twelve months EPS of €12.11.

PE Ratio

SOPRA STERIA GROUP has a trailing twelve months price to earnings ratio of 16.42. Meaning, the purchaser of the share is investing €16.42 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 13.77%.

Volume

Today’s last reported volume for SOPRA STERIA GROUP is 7065 which is 71.22% below its average volume of 24550.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 4.3 and the estimated forward annual dividend yield is 2.15%.

Yearly Top and Bottom Value

SOPRA STERIA GROUP’s stock is valued at €198.90 at 02:10 EST, below its 52-week high of €208.00 and way above its 52-week low of €117.80.

Moving Average

SOPRA STERIA GROUP’s value is above its 50-day moving average of €187.34 and way higher than its 200-day moving average of €173.06.

More news about SOPRA STERIA GROUP.

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%.

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).

More news about 1.

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