(VIANEWS) – Viper Energy Partners LP (VNOM), Pembina Pipeline (PBA), Camden National Corporation (CAC) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When researching 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. Viper Energy Partners LP (VNOM)
109.33% Payout Ratio
Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2020, it had mineral interests in 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 99,392 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.
Earnings Per Share
As for profitability, Viper Energy Partners LP has a trailing twelve months EPS of $2.25.
PE Ratio
Viper Energy Partners LP has a trailing twelve months price to earnings ratio of 11.72. Meaning, the purchaser of the share is investing $11.72 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 27.13%.
2. Pembina Pipeline (PBA)
52.29% Payout Ratio
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.8 millions of barrels of oil equivalent per day, the ground storage capacity of 11 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline and rail terminalling facilities. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was founded in 1954 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Pembina Pipeline has a trailing twelve months EPS of $3.68.
PE Ratio
Pembina Pipeline has a trailing twelve months price to earnings ratio of 8.45. Meaning, the purchaser of the share is investing $8.45 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 18.9%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 12% and a negative 79.1%, respectively.
3. Camden National Corporation (CAC)
41.43% Payout Ratio
Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.
Earnings Per Share
As for profitability, Camden National Corporation has a trailing twelve months EPS of $3.79.
PE Ratio
Camden National Corporation has a trailing twelve months price to earnings ratio of 8.58. Meaning, the purchaser of the share is investing $8.58 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
Camden National Corporation’s value is higher than its 50-day moving average of $32.03 and way under its 200-day moving average of $39.64.
Sales Growth
Camden National Corporation’s sales growth is negative 8.3% for the present quarter and negative 11.1% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.8%, now sitting on 178.78M for the twelve trailing months.
Yearly Top and Bottom Value
Camden National Corporation’s stock is valued at $32.51 at 02:23 EST, way below its 52-week high of $49.10 and way above its 52-week low of $28.23.
4. Lakeland Financial Corporation (LKFN)
40.89% Payout Ratio
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.
Earnings Per Share
As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $4.06.
PE Ratio
Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 13.52. Meaning, the purchaser of the share is investing $13.52 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 17.25%.
Sales Growth
Lakeland Financial Corporation’s sales growth is 7.2% for the ongoing quarter and 2.1% for the next.
Moving Average
Lakeland Financial Corporation’s worth is above its 50-day moving average of $52.46 and way below its 200-day moving average of $68.37.
5. Cameco Corporation (CCJ)
30.77% Payout Ratio
Cameco Corporation produces and sells uranium. It operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles or reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.
Earnings Per Share
As for profitability, Cameco Corporation has a trailing twelve months EPS of $0.29.
PE Ratio
Cameco Corporation has a trailing twelve months price to earnings ratio of 106.52. Meaning, the purchaser of the share is investing $106.52 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 3.1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cameco Corporation’s EBITDA is 5.78.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 28, 2022, the estimated forward annual dividend rate is 0.09 and the estimated forward annual dividend yield is 0.29%.
Sales Growth
Cameco Corporation’s sales growth is negative 14.8% for the current quarter and 39.3% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 72.6%, now sitting on 2.16B for the twelve trailing months.
