TOMRA SYSTEMS And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – AF GRUPPEN (AFG.OL), TOMRA SYSTEMS (TOM.OL), ODFJELL SER. A (ODF.OL) 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. AF GRUPPEN (AFG.OL)

139.44% Payout Ratio

AF Gruppen ASA, a contracting and industrial company, engages in civil engineering, construction, betonmast, property, energy, environment, and offshore businesses primarily in Norway and Sweden. The company's Civil Engineering business area undertakes civil engineering and niche projects related to roads and railways, port facilities, airports, tunnels, foundation work, power, and energy, as well as onshore facilities for oil and gas. Its Construction business area develops, engineers, and constructs commercial, residential, and public buildings, as well as rehabilitation projects. The company's Betonmast business area operates as building contractor for large residential properties, and commercial and public buildings; and develops properties. Its Property business area develops residential units and commercial buildings. The company's Energy and Environment business area provides smart and energy efficient services for buildings and industry; and demolition and recycling services. Its Sweden business area engages in construction, civil engineering, property, and environmental activities. The company's offshore business area undertakes the removal, demolition, and recycling of offshore installations; and construction, modification, and maintenance works related to cranes, modules, and rig services, as well as heating, ventilation, air conditioning, and cooling systems. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AF GRUPPEN has a trailing twelve months EPS of kr7.53.

PE Ratio

AF GRUPPEN has a trailing twelve months price to earnings ratio of 17.48. Meaning, the purchaser of the share is investing kr17.48 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 27.7%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 13 and the estimated forward annual dividend yield is 9.7%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.6%, now sitting on 31.72B for the twelve trailing months.

Moving Average

AF GRUPPEN’s worth is below its 50-day moving average of kr135.78 and under its 200-day moving average of kr144.24.

Yearly Top and Bottom Value

AF GRUPPEN’s stock is valued at kr131.60 at 12:10 EST, way under its 52-week high of kr173.40 and higher than its 52-week low of kr128.60.

More news about AF GRUPPEN.

2. TOMRA SYSTEMS (TOM.OL)

49.32% Payout Ratio

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.79.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 40.34. Meaning, the purchaser of the share is investing kr40.34 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 17.05%.

More news about TOMRA SYSTEMS.

3. ODFJELL SER. A (ODF.OL)

41.23% Payout Ratio

Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. The company operates Chemical Tankers and Tank Terminals segments. It owns and operates chemical tankers that offers global and regional transportation; and tank terminals, which provides storage of various chemical and petroleum products. As of December 31, 2022, it operated a chemical tanker fleet of 69 vessels, including 46 owned, 6 bareboat chartered, 14 time chartered vessels, and 3 pool vessels. The company's terminal network comprises of 450 tanks with 1.2 million cubic meters of storage capacity. It operates in Norway, the Netherlands, rest of Europe, North America, South America, the Middle East, Asia, Australasia, and Africa. Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, ODFJELL SER. A has a trailing twelve months EPS of kr23.79.

PE Ratio

ODFJELL SER. A has a trailing twelve months price to earnings ratio of 3.83. Meaning, the purchaser of the share is investing kr3.83 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 27.96%.

More news about ODFJELL SER. A.

4. REACH SUBSEA (REACH.OL)

30.98% 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 kr0.58.

PE Ratio

REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.95. Meaning, the purchaser of the share is investing kr6.95 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 18.34%.

Sales Growth

REACH SUBSEA’s sales growth is 12.6% for the current quarter and 71.2% for the next.

Volume

Today’s last reported volume for REACH SUBSEA is 215359 which is 44.34% below its average volume of 386983.

More news about REACH SUBSEA.

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.

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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