(vianews) - sparebanken øst (spog.ol), akwel (akw.pa), 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 so far. 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 issue 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. sparebanken øst (spog.ol)
81.36% payout ratio
sparebanken øst operates as a savings bank in eastern norway. the company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. it also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. the company was founded in 1843 and is headquartered in drammen, norway.
earnings per share
as for profitability, sparebanken øst has a trailing twelve months eps of kr6.62.
pe ratio
sparebanken øst has a trailing twelve months price to earnings ratio of 6.72. meaning, the purchaser of the share is investing kr6.72 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 6.25%.moving average
sparebanken øst's worth is below its 50-day moving average of kr49.18 and under its 200-day moving average of kr48.76.yearly top and bottom value
sparebanken øst's stock is valued at kr44.50 at 17:10 est, way below its 52-week high of kr59.20 and above its 52-week low of kr43.90.
more news about sparebanken øst.
2. akwel (akw.pa)
79.32% payout ratio
akwel sa manufacture of automotive and heavy goods vehicle components in france and internationally. it offers fluid management, mechanisms, and structural parts for electric vehicles. the company's products include body pipes, flow regulation valves, anti-return valves, pulsation dampeners or temperature, and pressure sensors; air distributors, turbo air intake and output pipes and exchangers, exhaust gas recirculation pipes, and cylinder head covers. it also offers electronic management of hardware, software, transfer, storage, reheating, and pumping systems. the company was formerly known as mgi coutier sa and changed its name to akwel in june 2018. the company was founded in 1972 and is headquartered in champfromier, france. akwel sa is a subsidiary of coutier developpement.
earnings per share
as for profitability, akwel has a trailing twelve months eps of €3.2.
pe ratio
akwel has a trailing twelve months price to earnings ratio of 4.22. meaning, the purchaser of the share is investing €4.22 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 2.61%.revenue growth
year-on-year quarterly revenue growth grew by 0.7%, now sitting on 925.89m for the twelve trailing months.
more news about akwel.
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 kr77.15.
pe ratio
høland og setskog has a trailing twelve months price to earnings ratio of 1.8. meaning, the purchaser of the share is investing kr1.8 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 worth is under its 50-day moving average of kr148.52 and under its 200-day moving average of kr146.36.volume
today's last reported volume for høland og setskog is 100 which is 24.24% below its average volume of 132.
more news about høland og setskog.
4. wilson (wils.ol)
40.25% payout ratio
wilson asa operates as a shipping company in europe. the company engages in the ship chartering and operation; ship management; marine accounting; crewing; purchasing; legal; and insurance activities. it operates through a fleet of 130 vessels in the range of 1500 to 8500 dwt. the company was founded in 1929 and is headquartered in bergen, norway. as of december 6, 2022, wilson asa operates as a subsidiary of skaretreboen as.
earnings per share
as for profitability, wilson has a trailing twelve months eps of kr1.95.
pe ratio
wilson has a trailing twelve months price to earnings ratio of 35.87. meaning, the purchaser of the share is investing kr35.87 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 44.99%.more news about wilson.