(VIANEWS) – Kinder Morgan (KMI), NextEra Energy Partners, LP (NEP), Lumen Technologies (LUMN) are the highest payout ratio stocks on this list.
We have collected information regarding 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 issue 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. Kinder Morgan (KMI)
98.44% Payout Ratio
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel stock, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 83,000 miles of pipelines and 140 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Kinder Morgan has a trailing twelve months EPS of $0.8.
PE Ratio
Kinder Morgan has a trailing twelve months price to earnings ratio of 20.22. Meaning, the purchaser of the share is investing $20.22 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 8.2%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 29, 2023, the estimated forward annual dividend rate is 1.11 and the estimated forward annual dividend yield is 6.09%.
Sales Growth
Kinder Morgan’s sales growth is 8.8% for the present quarter and negative 3.2% for the next.
Previous days news about Kinder Morgan (KMI)
- According to Zacks on Thursday, 16 March, "Kinder Morgan:With its operating interests in oil and gas pipeline networks spread across 83,000 miles, Kinder Morgan is a leading energy infrastructure company in North America. "
- According to Zacks on Friday, 17 March, "Kinder Morgan:With its operating interests in oil and gas pipeline networks spread across 83,000 miles, Kinder Morgan is a leading energy infrastructure company in North America. "
2. NextEra Energy Partners, LP (NEP)
53.2% Payout Ratio
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. The company was founded in 2014 and is headquartered in Juno Beach, Florida.
Earnings Per Share
As for profitability, NextEra Energy Partners, LP has a trailing twelve months EPS of $5.19.
PE Ratio
NextEra Energy Partners, LP has a trailing twelve months price to earnings ratio of 12.02. Meaning, the purchaser of the share is investing $12.02 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 8.64%.
3. Lumen Technologies (LUMN)
50% Payout Ratio
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed security services; and IP and data services, including VPN data network, Ethernet, internet protocol (IP), and voice over internet protocol. The company also provides fiber infrastructure services comprising high bandwidth optical wavelength networks; and unlit optical fiber and related professional services. In addition, it offers voice and other services, including private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; a portfolio of traditional time division multiplexing voice services; and synchronous optical network-based Ethernet, legacy data hosting services, and conferencing services. As of December 31, 2021, the company served approximately 4.5 million broadband subscribers. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.
Earnings Per Share
As for profitability, Lumen Technologies has a trailing twelve months EPS of $-0.709.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -13.9%.
Sales Growth
Lumen Technologies’s sales growth is negative 20.3% for the current quarter and negative 20.2% for the next.
Moving Average
Lumen Technologies’s value is way below its 50-day moving average of $4.55 and way below its 200-day moving average of $7.73.
4. Oconee Federal Financial Corp. (OFED)
48.19% Payout Ratio
Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia. It offers deposit products, including demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. The company's loan portfolio comprises one-to-four family and multi-family residential mortgage loans; home equity loans and lines of credit; nonresidential real estate loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer and other loans. It operates through its executive office and eight branch offices located in Oconee and Pickens Counties, South Carolina; and Stephens and Rabun Counties, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. operates as a subsidiary of Oconee Federal, MHC.
Earnings Per Share
As for profitability, Oconee Federal Financial Corp. has a trailing twelve months EPS of $0.74.
PE Ratio
Oconee Federal Financial Corp. has a trailing twelve months price to earnings ratio of 31.15. Meaning, the purchaser of the share is investing $31.15 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 5.95%.
5. Dow Chemical Company (DOW)
44.59% Payout Ratio
Dow Inc., through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers for mobility and transportation, consumer, wire and cable, and construction end-markets. The Industrial Intermediates & Infrastructure segment offers purified ethylene and propylene oxides, ethylene and ethanol amines, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; and silicon metal, siloxanes, and intermediates used as key materials in manufacturing differentiated downstream silicone products. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
Earnings Per Share
As for profitability, Dow Chemical Company has a trailing twelve months EPS of $2.65.
PE Ratio
Dow Chemical Company has a trailing twelve months price to earnings ratio of 18.91. Meaning, the purchaser of the share is investing $18.91 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 23.21%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.4%, now sitting on 56.9B for the twelve trailing months.
Volume
Today’s last reported volume for Dow Chemical Company is 5559620 which is 11.25% above its average volume of 4997150.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 83.8% and a negative 65.8%, respectively.
6. ChoiceOne Financial Services (COFS)
32.06% Payout Ratio
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, as well as certificates of deposit. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, and St. Clair counties, Michigan. The company was founded in 1898 and is headquartered in Sparta, Michigan.
Earnings Per Share
As for profitability, ChoiceOne Financial Services has a trailing twelve months EPS of $3.14.
PE Ratio
ChoiceOne Financial Services has a trailing twelve months price to earnings ratio of 9.14. Meaning, the purchaser of the share is investing $9.14 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 12.11%.
Moving Average
ChoiceOne Financial Services’s value is above its 50-day moving average of $28.02 and way above its 200-day moving average of $23.29.
Volume
Today’s last reported volume for ChoiceOne Financial Services is 11383 which is 43.03% above its average volume of 7958.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 3.62%.
