(VIANEWS) – WEBSTEP (WSTEP.OL), TIETOEVRY (TIETO.OL), SANDNES SPAREBANK (SADG.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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. WEBSTEP (WSTEP.OL)
106.92% Payout Ratio
Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.42.
PE Ratio
WEBSTEP has a trailing twelve months price to earnings ratio of 21.41. Meaning, the purchaser of the share is investing kr21.41 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 11.66%.
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2. TIETOEVRY (TIETO.OL)
81.87% Payout Ratio
TietoEVRY Oyj operates as a software and services company. It operates through six segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, Tietoevry Transform, and Tietoevry Connect. The Tietoevry Create segment provides digital agenda to create competitive products, as well as uses design, data, and cloud technologies for data-driven businesses. This segment also offers software and data engineering services. The Tietoevry Banking segment provides software products for digital transformation and financial institutions. The Tietoevry Care segment offers modular and interoperable software, reinventing Nordic health, and social care services. The Tietoevry Industry segment offers software and data solutions across various industries, such as public sector, pulp and paper, and utilities. The Tietoevry Transform segment provides enterprise-wide transformation across customers' business processes, applications and infrastructure. The Tietoevry Connect segment operates a cloud platform that provides a range of infrastructure choices ensuring security, resilience, and compliance for the customer's business. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019. TietoEVRY Oyj was founded in 1968 and is headquartered in Espoo, Finland.
Earnings Per Share
As for profitability, TIETOEVRY has a trailing twelve months EPS of kr20.06.
PE Ratio
TIETOEVRY has a trailing twelve months price to earnings ratio of 15.36. Meaning, the purchaser of the share is investing kr15.36 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 12.07%.
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3. 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 kr8.05.
PE Ratio
SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.66. Meaning, the purchaser of the share is investing kr10.66 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%.
More news about SANDNES SPAREBANK.
4. FRØY (FROY.OL)
57.92% Payout Ratio
Frøy ASA provides integrated service to the aquaculture industry in Norway. The company offers wellboat services, sea freight, de-lice and treatment, mooring and laying, ring washing and cage services, inspection and certification, bottom mapping and documentation, tow, and ROV and diving services, as well as drainage, inspection, and repair services. It owns and operates 19 wellboats, 64 aqua service vessels, and 3 feed transport vessels. The company was founded in 2019 and is headquartered in Sistranda, Norway.
Earnings Per Share
As for profitability, FRØY has a trailing twelve months EPS of kr2.59.
PE Ratio
FRØY has a trailing twelve months price to earnings ratio of 25.87. Meaning, the purchaser of the share is investing kr25.87 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 6.9%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 20.3%, now sitting on 2.13B for the twelve trailing months.
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5. IRISH RES. PROP. (IRES.IR)
50.34% Payout Ratio
Irish Residential Properties REIT Plc (“I•RES” registration # 529737) is an Irish REIT focused on consolidating the fragmented Irish rental market by targeting quality multi-unit residential real estate in Dublin and other major centres. I•RES is externally managed by certain subsidiaries of CAPREIT (TSX:CAR.UN). Through its arrangements with CAPREIT, I•RES's operational strategy is to deliver superior customer service, enhance tenant retention, and deliver quality homes by leveraging CAPREIT's hands-on experience, and proven operating philosophies. I•RES was listed on the Irish Stock Exchange (now Euronext Dublin) in April 2014.
Earnings Per Share
As for profitability, IRISH RES. PROP. has a trailing twelve months EPS of €-0.02.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -1.37%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 18, 2022, the estimated forward annual dividend rate is 0.05 and the estimated forward annual dividend yield is 5.59%.
Sales Growth
IRISH RES. PROP.’s sales growth for the current quarter is negative 4.2%.
Volume
Today’s last reported volume for IRISH RES. PROP. is 105927 which is 90.85% below its average volume of 1158410.
Moving Average
IRISH RES. PROP.’s value is under its 50-day moving average of €1.10 and way below its 200-day moving average of €1.17.
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6. TOMRA SYSTEMS (TOM.OL)
47.41% 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 kr3.38.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 49.93. Meaning, the purchaser of the share is investing kr49.93 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 16.76%.
Volume
Today’s last reported volume for TOMRA SYSTEMS is 216427 which is 45.24% below its average volume of 395252.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 33.3% and 40%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14%, now sitting on 12.19B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
TOMRA SYSTEMS’s EBITDA is 40.95.
More news about TOMRA SYSTEMS.
