(VIANEWS) – Essex Property Trust (ESS), BlackRock (BLK), Sun Life Financial (SLF) 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 promise 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 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. Essex Property Trust (ESS)
140.35% Payout Ratio
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
Earnings Per Share
As for profitability, Essex Property Trust has a trailing twelve months EPS of $6.48.
PE Ratio
Essex Property Trust has a trailing twelve months price to earnings ratio of 32.12. Meaning, the purchaser of the share is investing $32.12 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 7.14%.
Yearly Top and Bottom Value
Essex Property Trust’s stock is valued at $208.07 at 02:23 EST, way below its 52-week high of $363.36 and higher than its 52-week low of $195.03.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 29, 2022, the estimated forward annual dividend rate is 8.8 and the estimated forward annual dividend yield is 3.72%.
Moving Average
Essex Property Trust’s worth is under its 50-day moving average of $223.19 and way below its 200-day moving average of $239.65.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.2%, now sitting on 1.63B for the twelve trailing months.
2. BlackRock (BLK)
57.46% Payout Ratio
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
Earnings Per Share
As for profitability, BlackRock has a trailing twelve months EPS of $34.51.
PE Ratio
BlackRock has a trailing twelve months price to earnings ratio of 19.38. Meaning, the purchaser of the share is investing $19.38 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 12.97%.
3. Sun Life Financial (SLF)
52.98% Payout Ratio
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Sun Life Financial has a trailing twelve months EPS of $3.34.
PE Ratio
Sun Life Financial has a trailing twelve months price to earnings ratio of 14. Meaning, the purchaser of the share is investing $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 11.09%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 0.9% and 6.4%, respectively.
Sales Growth
Sun Life Financial’s sales growth is negative 87.6% for the ongoing quarter and negative 88.9% for the next.
4. Gold Fields Limited (GFI)
43.69% Payout Ratio
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.
Earnings Per Share
As for profitability, Gold Fields Limited has a trailing twelve months EPS of $0.78.
PE Ratio
Gold Fields Limited has a trailing twelve months price to earnings ratio of 17.14. Meaning, the purchaser of the share is investing $17.14 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 17.04%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 4.29B for the twelve trailing months.
Yearly Top and Bottom Value
Gold Fields Limited’s stock is valued at $13.37 at 02:23 EST, way below its 52-week high of $16.92 and way higher than its 52-week low of $7.03.
5. Ingredion Incorporated (INGR)
37.06% Payout Ratio
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia Pacific; and Europe, Middle East, and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, glucose and syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, paper and corrugating products, brewing, pharmaceutical, textile, and personal care industries, as well as animal feed markets. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.
Earnings Per Share
As for profitability, Ingredion Incorporated has a trailing twelve months EPS of $7.34.
PE Ratio
Ingredion Incorporated has a trailing twelve months price to earnings ratio of 13.84. Meaning, the purchaser of the share is investing $13.84 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 15.68%.
Moving Average
Ingredion Incorporated’s value is higher than its 50-day moving average of $99.86 and above its 200-day moving average of $92.65.
Volume
Today’s last reported volume for Ingredion Incorporated is 277071 which is 12.67% below its average volume of 317296.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 2.8%.
