(VIANEWS) – Kite Realty Group Trust (KRG), NewJersey Resources Corporation (NJR), News Corporation (NWS) 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. Kite Realty Group Trust (KRG)
2275% Payout Ratio
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
Earnings Per Share
As for profitability, Kite Realty Group Trust has a trailing twelve months EPS of $0.04.
PE Ratio
Kite Realty Group Trust has a trailing twelve months price to earnings ratio of 517.5. Meaning, the purchaser of the share is investing $517.5 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 0.26%.
Yearly Top and Bottom Value
Kite Realty Group Trust’s stock is valued at $20.70 at 14:23 EST, way under its 52-week high of $23.10 and way above its 52-week low of $16.42.
Moving Average
Kite Realty Group Trust’s worth is higher than its 50-day moving average of $20.50 and higher than its 200-day moving average of $20.45.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 100% and positive 100% for the next.
2. NewJersey Resources Corporation (NJR)
49.83% Payout Ratio
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 547,600 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.
Earnings Per Share
As for profitability, NewJersey Resources Corporation has a trailing twelve months EPS of $3.02.
PE Ratio
NewJersey Resources Corporation has a trailing twelve months price to earnings ratio of 15.38. Meaning, the purchaser of the share is investing $15.38 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 15.52%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NewJersey Resources Corporation’s EBITDA is 2.81.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 12, 2023, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 3.39%.
Volume
Today’s last reported volume for NewJersey Resources Corporation is 239415 which is 56.2% below its average volume of 546680.
3. News Corporation (NWS)
43.48% Payout Ratio
News Corporation, a media and information services company, focuses on creating and distributing content for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and Investor's Business Daily through various media channels, such as newspapers, newswires, websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, videos, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides video sports, entertainment, and news services to pay-TV subscribers and other commercial licensees primarily through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and professional software and service products, as well as financial services. The company is headquartered in New York, New York.
Earnings Per Share
As for profitability, News Corporation has a trailing twelve months EPS of $0.46.
PE Ratio
News Corporation has a trailing twelve months price to earnings ratio of 42.37. Meaning, the purchaser of the share is investing $42.37 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 3.76%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 1.04%.
Moving Average
News Corporation’s value is higher than its 50-day moving average of $18.01 and higher than its 200-day moving average of $17.87.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.8%, now sitting on 10.12B for the twelve trailing months.
4. The Hackett Group (HCKT)
35.2% Payout Ratio
The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and internationally. It offers best practice intelligence center, an online searchable repository; best practice accelerators that provide web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best practice research that provides insights into the proven approaches; and peer interaction comprising member-led webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content, as well as intellectual property as-a-service and Hackett Institute programs. The company's benchmarking services conduct studies for selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, and shared services; and business transformation practices to help clients develop coordinated strategy for achieving performance enhancements across the enterprise. It also provides Oracle EEA solutions for core financial close and consolidation, integrated business planning, and reporting/advanced analytics areas. In addition, the company offers SAP solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change management, exception management, process transparency, system documentation, and end-user training; off-shore application development, and application maintenance and support services; and OneStream practice that helps clients choose and deploy OneStream XF Platform and Market Place solutions. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, The Hackett Group has a trailing twelve months EPS of $1.25.
PE Ratio
The Hackett Group has a trailing twelve months price to earnings ratio of 16.5. Meaning, the purchaser of the share is investing $16.5 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 35.98%.
Sales Growth
The Hackett Group’s sales growth is negative 1.9% for the present quarter and 3.5% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
The Hackett Group’s EBITDA is 2.09.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7%, now sitting on 284.41M for the twelve trailing months.
5. Macquarie Global Infrastructure Total Return Fund (MGU)
33.89% Payout Ratio
Macquarie Global Infrastructure Total Return Fund Inc. is a closed-ended equity mutual fund launched and managed by Macquarie Fund Adviser, LLC. The fund invests in the public equity markets across the globe. It typically invests in companies operating in the infrastructure sector. Macquarie Global Infrastructure Total Return Fund Inc. was formed on August 26, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Macquarie Global Infrastructure Total Return Fund has a trailing twelve months EPS of $4.11.
PE Ratio
Macquarie Global Infrastructure Total Return Fund has a trailing twelve months price to earnings ratio of 5.55. Meaning, the purchaser of the share is investing $5.55 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 15.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 15.51M for the twelve trailing months.
