(VIANEWS) – TINC (TINC.BR), SANDNES SPAREBANK (SADG.OL), ORKLA (ORK.OL) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up until now. 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 issue 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. TINC (TINC.BR)
69.23% Payout Ratio
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Earnings Per Share
As for profitability, TINC has a trailing twelve months EPS of €0.78.
PE Ratio
TINC has a trailing twelve months price to earnings ratio of 15.58. Meaning, the purchaser of the share is investing €15.58 for every euro of annual earnings.
Moving Average
TINC’s worth is below its 50-day moving average of €12.26 and under its 200-day moving average of €12.67.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 24, 2022, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 4.48%.
Volume
Today’s last reported volume for TINC is 5723 which is 69.2% below its average volume of 18583.
Yearly Top and Bottom Value
TINC’s stock is valued at €12.15 at 12:10 EST, way under its 52-week high of €13.96 and above its 52-week low of €11.96.
More news about TINC.
2. SANDNES SPAREBANK (SADG.OL)
66.05% Payout Ratio
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.
Earnings Per Share
As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr8.1.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.84. Meaning, the purchaser of the share is investing kr10.84 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 8.23%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 6.91%.
More news about SANDNES SPAREBANK.
3. ORKLA (ORK.OL)
59.52% Payout Ratio
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ORKLA has a trailing twelve months EPS of kr5.04.
PE Ratio
ORKLA has a trailing twelve months price to earnings ratio of 14.71. Meaning, the purchaser of the share is investing kr14.71 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 12.77%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ORKLA’s EBITDA is 34.14.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 12.9% and a negative 12%, respectively.
Sales Growth
ORKLA’s sales growth is 17.7% for the current quarter and 7.4% for the next.
More news about ORKLA.
4. JÆREN SPAREBANK (JAREN.OL)
57.29% Payout Ratio
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr19.2.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 13.12. Meaning, the purchaser of the share is investing kr13.12 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 8.46%.
Yearly Top and Bottom Value
JÆREN SPAREBANK’s stock is valued at kr252.00 at 12:10 EST, below its 52-week high of kr270.00 and way higher than its 52-week low of kr210.00.
Volume
Today’s last reported volume for JÆREN SPAREBANK is 472 which is 42.16% above its average volume of 332.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 59.3% and 10.8%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32%, now sitting on 419.26M for the twelve trailing months.
More news about JÆREN SPAREBANK.
5. REACH SUBSEA (REACH.OL)
52.94% Payout Ratio
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
Earnings Per Share
As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.34.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 12.65. Meaning, the purchaser of the share is investing kr12.65 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 16.67%.
Yearly Top and Bottom Value
REACH SUBSEA’s stock is valued at kr4.30 at 12:10 EST, way under its 52-week high of kr5.22 and way above its 52-week low of kr3.15.
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6. PARETO BANK (PARB.OL)
45.4% Payout Ratio
Pareto Bank ASA offers various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.63.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 6.82. Meaning, the purchaser of the share is investing kr6.82 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 13.81%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.3%, now sitting on 920.31M for the twelve trailing months.
Volume
Today’s last reported volume for PARETO BANK is 8896 which is 71.95% below its average volume of 31715.
Moving Average
PARETO BANK’s value is below its 50-day moving average of kr55.63 and above its 200-day moving average of kr50.02.
More news about PARETO BANK.
