(VIANEWS) – CubeSmart (CUBE), Consolidated Edison (ED), Entergy Corporation (ETR) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up to now. 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 investigating 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. CubeSmart (CUBE)
152.34% Payout Ratio
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Earnings Per Share
As for profitability, CubeSmart has a trailing twelve months EPS of $0.86.
PE Ratio
CubeSmart has a trailing twelve months price to earnings ratio of 51.66. Meaning,
the purchaser of the share is investing $51.66 for every dollar 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 9.86%.
2. Consolidated Edison (ED)
68.64% Payout Ratio
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,555 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 533 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 87,564 in-service line transformers; 3,924 pole miles of overhead distribution lines; and 2,291 miles of underground distribution lines, as well as 4,350 miles of mains and 377,971 service lines for natural gas distribution. Further, the company owns, operates, and develops renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. The company was founded in 1823 and is based in New York, New York.
Earnings Per Share
As for profitability, Consolidated Edison has a trailing twelve months EPS of $3.28.
PE Ratio
Consolidated Edison has a trailing twelve months price to earnings ratio of 28.47. Meaning,
the purchaser of the share is investing $28.47 for every dollar 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 7.19%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 3.5% and a drop 4% for the next.
Moving Average
Consolidated Edison’s worth is below its 50-day moving average of $95.79 and under its 200-day moving average of $94.27.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.9%, now sitting on 14.5B for the twelve trailing months.
Sales Growth
Consolidated Edison’s sales growth is 2.2% for the ongoing quarter and negative 9.1% for the next.
3. Entergy Corporation (ETR)
65.89% Payout Ratio
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Commodities segment engages in the ownership, operation, and decommissioning of nuclear power plants; and ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 24,000 megawatts (MW) of electric generating capacity, which include 5,000 MW of nuclear power. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The company was founded in 1913 and is headquartered in New Orleans, Louisiana.
Earnings Per Share
As for profitability, Entergy Corporation has a trailing twelve months EPS of $7.97.
PE Ratio
Entergy Corporation has a trailing twelve months price to earnings ratio of 13.48. Meaning,
the purchaser of the share is investing $13.48 for every dollar 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 10.58%.
Moving Average
Entergy Corporation’s worth is below its 50-day moving average of $111.85 and below its 200-day moving average of $113.13.
Volume
Today’s last reported volume for Entergy Corporation is 459250 which is 67.64% below its average volume of 1419560.
4. Annaly Capital (NLY)
46.93% Payout Ratio
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. The company was founded in 1996 and is based in New York, New York.
Earnings Per Share
As for profitability, Annaly Capital has a trailing twelve months EPS of $3.1.
PE Ratio
Annaly Capital has a trailing twelve months price to earnings ratio of 7.47. Meaning,
the purchaser of the share is investing $7.47 for every dollar of annual earnings.
5. United Fire Group (UFCS)
30.1% Payout Ratio
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.
Earnings Per Share
As for profitability, United Fire Group has a trailing twelve months EPS of $2.06.
PE Ratio
United Fire Group has a trailing twelve months price to earnings ratio of 14.47. Meaning,
the purchaser of the share is investing $14.47 for every dollar 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 6.95%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 30, 2022, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 2.15%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.2%, now sitting on 972.62M for the twelve trailing months.
