Kvaerner among highest dividend stocks in Norway

Huge dividend Kvaerner

Investors in Kvaerner can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Norwegian market. Analysts expect a dividend of 1,07 NOK per share. The dividend yield is then 7,59 percent. The average dividend yield of the offshore companies is a good 2 percent.

Dividend returns Kvaerner

Kvaerner will announce it's last quarter's results tomorrow. For this year Kvaerner's revenue will be around 8 billion NOK. This is according to the average of the analysts' estimates. This is quite more than 2018's revenue of 7,22 billion NOK.

Historical revenues and results Kvaerner plus estimates 2019

The analysts expect for 2019 a net profit of 198 million NOK. The majority of the analysts expects for this year a profit per share of 76 cent. The price/earnings-ratio therefore equals 18,54.

Based on the current number of shares Kvaerner's market capitalization equals 3,76 billion NOK. The Kvaerner stock was the past 12 months quite unstable. Since last July the stock is 2 percent lower. This year the stock price moved between 11 and 16 NOK.

Historical stock prices Kvaerner past 10 years

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