(VIANEWS) – Companhia Paranaense de Energia (ELP), Star Bulk Carriers Corp. (SBLK), Pinnacle West Capital Corporation (PNW) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 researching 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. Companhia Paranaense de Energia (ELP)
454.13% Payout Ratio
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.08.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 96.88. Meaning, the purchaser of the share is investing $96.88 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 5.31%.
Moving Average
Companhia Paranaense de Energia’s worth is way higher than its 50-day moving average of $6.70 and way above its 200-day moving average of $6.74.
Yearly Top and Bottom Value
Companhia Paranaense de Energia’s stock is valued at $7.75 at 14:23 EST, under its 52-week high of $8.25 and way higher than its 52-week low of $5.71.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 21, 2022, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 5.85%.
2. Star Bulk Carriers Corp. (SBLK)
117.75% Payout Ratio
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Earnings Per Share
As for profitability, Star Bulk Carriers Corp. has a trailing twelve months EPS of $5.52.
PE Ratio
Star Bulk Carriers Corp. has a trailing twelve months price to earnings ratio of 3.75. Meaning, the purchaser of the share is investing $3.75 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 27.61%.
3. Pinnacle West Capital Corporation (PNW)
80.16% Payout Ratio
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 6,192 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,191 miles of overhead lines and approximately 22,092 miles of underground primary cable. The company serves approximately 1.3 million customers. It owns or leases approximately 6,316 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.26.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 18.42. Meaning, the purchaser of the share is investing $18.42 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 8.22%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 30, 2023, the estimated forward annual dividend rate is 3.46 and the estimated forward annual dividend yield is 4.41%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 40% and a negative 13.1%, respectively.
4. Nordstrom (JWN)
50.33% Payout Ratio
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals. As of May 5, 2020, the company operated operates 378 stores in 40 states, including 116 full-line stores in the United States, Canada, and Puerto Rico; 247 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 5 Trunk Club clubhouses; and 5 Nordstrom Local service hubs. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
Earnings Per Share
As for profitability, Nordstrom has a trailing twelve months EPS of $1.51.
PE Ratio
Nordstrom has a trailing twelve months price to earnings ratio of 10.78. Meaning, the purchaser of the share is investing $10.78 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 37.12%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Nordstrom’s EBITDA is 0.43.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 12, 2023, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 4.81%.
Yearly Top and Bottom Value
Nordstrom’s stock is valued at $16.28 at 14:23 EST, way below its 52-week high of $29.53 and higher than its 52-week low of $14.91.
Volume
Today’s last reported volume for Nordstrom is 4269580 which is 31.52% below its average volume of 6234910.
