(VIANEWS) – Edison International (EIX), JOYY (YY), UNITIL Corporation (UTL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 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. Edison International (EIX)
131.28% Payout Ratio
Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company's transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.
Earnings Per Share
As for profitability, Edison International has a trailing twelve months EPS of $2.19.
PE Ratio
Edison International has a trailing twelve months price to earnings ratio of 32.11. Meaning, the purchaser of the share is investing $32.11 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 4.76%.
Sales Growth
Edison International’s sales growth is 6% for the current quarter and 14.9% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1.1% and 8.8%, respectively.
2. JOYY (YY)
64.83% Payout Ratio
JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
Earnings Per Share
As for profitability, JOYY has a trailing twelve months EPS of $2.46.
PE Ratio
JOYY has a trailing twelve months price to earnings ratio of 12.46. Meaning, the purchaser of the share is investing $12.46 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 2.66%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 19, 2023, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 6.83%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 38.5% and a negative 62.5%, respectively.
3. UNITIL Corporation (UTL)
57.27% Payout Ratio
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides energy brokering and advisory services to commercial and industrial customers; and real estate management services. It serves approximately 107,700 electric customers and 86,600 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.
Earnings Per Share
As for profitability, UNITIL Corporation has a trailing twelve months EPS of $2.71.
PE Ratio
UNITIL Corporation has a trailing twelve months price to earnings ratio of 19.85. Meaning, the purchaser of the share is investing $19.85 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 9.25%.
Volume
Today’s last reported volume for UNITIL Corporation is 30884 which is 64.09% below its average volume of 86011.
4. Consolidated Edison (ED)
45.36% 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 3.6 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 1,530 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 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates 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. Consolidated Edison, Inc. 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 $7.01.
PE Ratio
Consolidated Edison has a trailing twelve months price to earnings ratio of 13.36. Meaning, the purchaser of the share is investing $13.36 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 11.94%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 3.46%.
Moving Average
Consolidated Edison’s value is below its 50-day moving average of $96.67 and under its 200-day moving average of $94.00.
Volume
Today’s last reported volume for Consolidated Edison is 1002300 which is 47% below its average volume of 1891290.
Yearly Top and Bottom Value
Consolidated Edison’s stock is valued at $93.67 at 02:23 EST, under its 52-week high of $102.21 and way higher than its 52-week low of $78.10.
5. Information Services Group (III)
44.44% Payout Ratio
Information Services Group, Inc., together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services. It supports private and public sector organizations to transform and optimize their operational environments. The company also provides ISG Digital, a client solution platform that helps clients developing technology, transformation, sourcing, and digital solutions; and ISG Enterprise, a client solution platform that helps clients manage change and optimize operations in areas comprising finance, human resource, and Procure2Pay. In addition, it offers ISG GovernX, a software platform, which provides insights from market and performance data, and automates the management of third-party supplier relationships that comprise contract and project lifecycles, and risk management. The company serves private sector clients operating in the manufacturing, banking and financial services, insurance, health sciences, energy and utilities, and consumer services industries; and public sector clients, including state and local governments, airport and transit authorities, and national and provincial government units. Information Services Group, Inc. was founded in 2006 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Information Services Group has a trailing twelve months EPS of $0.36.
PE Ratio
Information Services Group has a trailing twelve months price to earnings ratio of 14.67. Meaning, the purchaser of the share is investing $14.67 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 18.18%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 23.1% and a negative 14.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 292.19M for the twelve trailing months.
Moving Average
Information Services Group’s value is above its 50-day moving average of $5.11 and above its 200-day moving average of $5.13.
Yearly Top and Bottom Value
Information Services Group’s stock is valued at $5.28 at 02:23 EST, way below its 52-week high of $7.76 and way above its 52-week low of $4.15.
