(VIANEWS) – VÅR ENERGI (VAR.OL), WEBSTEP (WSTEP.OL), HØLAND OG SETSKOG (HSPG.OL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a guarantee 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 researching 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. VÅR ENERGI (VAR.OL)
146.97% Payout Ratio
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Vår Energi AS is a subsidiary of Eni International B.V.
Earnings Per Share
As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr3.39.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 7.89. Meaning, the purchaser of the share is investing kr7.89 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 43.94%.
More news about VÅR ENERGI.
2. WEBSTEP (WSTEP.OL)
120.57% 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 21.48. Meaning, the purchaser of the share is investing kr21.48 for every norwegian krone of annual earnings.
Sales Growth
WEBSTEP’s sales growth is 14.6% for the present quarter and 10.1% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 1.7 and the estimated forward annual dividend yield is 5.65%.
Moving Average
WEBSTEP’s value is above its 50-day moving average of kr29.90 and way above its 200-day moving average of kr27.33.
More news about WEBSTEP.
3. HØLAND OG SETSKOG (HSPG.OL)
68.83% Payout Ratio
Høland og Setskog Sparebank provides banking services for the retail and corporate markets in Norway. It offers deposits and loans, as well as insurance products. The company was formerly known as Holand Sparebank and changed its name to Høland og Setskog Sparebank in 2010. The company was founded in 1849 and is headquartered in Bjørkelangen, Norway.
Earnings Per Share
As for profitability, HØLAND OG SETSKOG has a trailing twelve months EPS of kr9.58.
PE Ratio
HØLAND OG SETSKOG has a trailing twelve months price to earnings ratio of 14.2. Meaning, the purchaser of the share is investing kr14.2 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 5.82%.
Moving Average
HØLAND OG SETSKOG’s value is under its 50-day moving average of kr148.52 and below its 200-day moving average of kr146.36.
More news about HØLAND OG SETSKOG.
4. ING GROEP N.V. (INGA.AS)
43.42% Payout Ratio
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.34.
PE Ratio
ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.97. Meaning, the purchaser of the share is investing €8.97 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 25.17%.
Yearly Top and Bottom Value
ING GROEP N.V.’s stock is valued at €12.02 at 07:10 EST, way below its 52-week high of €13.55 and way above its 52-week low of €8.43.
More news about ING GROEP N.V..
