(VIANEWS) – SPAREBANKEN SØR (SOR.OL), GJENSIDIGE FORSIKR (GJF.OL), VAN DE VELDE (VAN.BR) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio so far. 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 distribute 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. SPAREBANKEN SØR (SOR.OL)
109.43% Payout Ratio
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. It conducts banking operations in 35 locations and real estate services in 18 locations. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr10.32.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 11.55. Meaning, the purchaser of the share is investing kr11.55 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 8.36%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 71.2% and 62.1%, respectively.
Yearly Top and Bottom Value
SPAREBANKEN SØR’s stock is valued at kr130.50 at 16:10 EST, way below its 52-week high of kr166.00 and way higher than its 52-week low of kr116.00.
Sales Growth
SPAREBANKEN SØR’s sales growth is 19.9% for the ongoing quarter and 22.1% for the next.
Moving Average
SPAREBANKEN SØR’s value is below its 50-day moving average of kr130.77 and higher than its 200-day moving average of kr130.16.
2. GJENSIDIGE FORSIKR (GJF.OL)
85.18% Payout Ratio
Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr8.87.
PE Ratio
GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 19.73. Meaning, the purchaser of the share is investing kr19.73 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 17.89%.
Moving Average
GJENSIDIGE FORSIKR’s value is under its 50-day moving average of kr185.34 and under its 200-day moving average of kr193.52.
3. VAN DE VELDE (VAN.BR)
72.67% Payout Ratio
Van de Velde NV, together with its subsidiaries, designs, develops, manufactures, and markets fashionable luxury lingerie and swimwear for women worldwide. It operates through two segments, Wholesale and Retail. The company offers its products under the PrimaDonna, Marie Jo, Andres Sarda, and Lingerie Styling brands. It also operates retail websites under the name of Rigby & Peller, Lincherie, Andres Sarda, and PrimaDonna; and specialized boutiques and department stores. The company was founded in 1919 and is headquartered in Schellebelle, Belgium. Van de Velde NV is a subsidiary of Van de Velde Holding NV.
Earnings Per Share
As for profitability, VAN DE VELDE has a trailing twelve months EPS of €1.11.
PE Ratio
VAN DE VELDE has a trailing twelve months price to earnings ratio of 31.36. Meaning, the purchaser of the share is investing €31.36 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 24.06%.
Sales Growth
VAN DE VELDE’s sales growth for the current quarter is 7.7%.
Moving Average
VAN DE VELDE’s value is higher than its 50-day moving average of €32.02 and above its 200-day moving average of €33.37.
4. SPAREBANK 1 SMN (MING.OL)
65.58% Payout Ratio
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, green, car, boat, other vehicles, and consumer loans, as well as refinancing, as well as savings accounts. It also provides BSU house savings for young people, BSU, and mikrosparing, as well as fixed rate and green deposits, and placement accounts; savings funds; investment solutions, such as share savings accounts, stock trading, and private banking services; and individual pension savings, and pension savings accounts. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various debit and credit cards. Further, it offers loans and finances, including bank guarantees, corporate and construction loans, operating credit for agriculture, factoring, invoice sales, leasing, and liquidity loans with government guarantees; various pension products; and business and personal insurance products. Additionally, the company provides services, including accounting and payroll, HR, taxes and duties, and change of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr8.87.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 13.71. Meaning, the purchaser of the share is investing kr13.71 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 11.54%.
Yearly Top and Bottom Value
SPAREBANK 1 SMN’s stock is valued at kr121.60 at 16:10 EST, way under its 52-week high of kr152.00 and way above its 52-week low of kr107.60.
5. SALMAR (SALM.OL)
60.72% Payout Ratio
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
Earnings Per Share
As for profitability, SALMAR has a trailing twelve months EPS of kr17.49.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing kr24.32 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 18.21%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 18.4% and positive 105.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.5%, now sitting on 20.07B for the twelve trailing months.
