(VIANEWS) – First Trust MLP and Energy Income Fund (FEI), First Interstate BancSystem (FIBK), Adecoagro S.A. (AGRO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 issue 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. First Trust MLP and Energy Income Fund (FEI)
103.45% Payout Ratio
First Trust MLP and Energy Income Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating in the energy and energy utilities sectors. It primarily invests in equity and debt securities of MLPs and MLP-related entities, as well as in dividend paying growth stocks of companies. First Trust MLP and Energy Income Fund was formed on August 17, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, First Trust MLP and Energy Income Fund has a trailing twelve months EPS of $0.58.
PE Ratio
First Trust MLP and Energy Income Fund has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing $14.05 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 31, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 7.43%.
Yearly Top and Bottom Value
First Trust MLP and Energy Income Fund’s stock is valued at $8.15 at 20:23 EST, under its 52-week high of $8.73 and way above its 52-week low of $7.02.
2. First Interstate BancSystem (FIBK)
61.54% Payout Ratio
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
Earnings Per Share
As for profitability, First Interstate BancSystem has a trailing twelve months EPS of $2.86.
PE Ratio
First Interstate BancSystem has a trailing twelve months price to earnings ratio of 8.91. Meaning, the purchaser of the share is investing $8.91 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 8.84%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 49%, now sitting on 1.1B for the twelve trailing months.
Moving Average
First Interstate BancSystem’s value is higher than its 50-day moving average of $23.77 and way below its 200-day moving average of $33.94.
3. Adecoagro S.A. (AGRO)
52.36% Payout Ratio
Adecoagro S.A., an agro-industrial company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company is involved in the planting, harvesting, and sale of grains and oilseeds, as well as fibers, including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties. It also plants, harvests, processes, and markets rice; and produces and sells milk and other dairy products. In addition, the company engages in the cultivation and processing of sugar and ethanol, as well as cogeneration of electricity from sugarcane bagasse; and identification and acquisition of underdeveloped and undermanaged farmland, and realization of value through the strategic disposition of assets. Further, it is involved in leasing of approximately 18,005 hectares of pasture land to cattle farmers in Argentina; and coffee plantation. As of December 31, 2019, the company owned a total of 225,630 hectares, including 19 farms in Argentina, 8 farms in Brazil, and 1 farm in Uruguay; 3 rice processing facilities in Argentina; and 3 dairy facilities with approximately 9,066 milking cows in Argentina. It also had 11 grain and rice conditioning and storage plants in Argentina; and 3 sugar and ethanol mills in Brazil with a sugarcane crushing capacity of 14.2 million tons, as well as had a total of 232 megawatts of installed cogeneration capacity. Adecoagro S.A. was founded in 2002 and is based in Luxembourg.
Earnings Per Share
As for profitability, Adecoagro S.A. has a trailing twelve months EPS of $0.6.
PE Ratio
Adecoagro S.A. has a trailing twelve months price to earnings ratio of 17.8. Meaning, the purchaser of the share is investing $17.8 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 5.6%.
4. TE Connectivity (TEL)
33.89% Payout Ratio
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; and interventional medical components, relays, heat shrink tubing, and wires and cables for industrial equipment, aerospace, defense, marine, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. TE Connectivity Ltd. sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.
Earnings Per Share
As for profitability, TE Connectivity has a trailing twelve months EPS of $6.61.
PE Ratio
TE Connectivity has a trailing twelve months price to earnings ratio of 21.75. Meaning, the purchaser of the share is investing $21.75 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 19.59%.
Volume
Today’s last reported volume for TE Connectivity is 380536 which is 73.09% below its average volume of 1414230.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 16, 2023, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 1.65%.
Sales Growth
TE Connectivity’s sales growth is negative 1.2% for the ongoing quarter and negative 6.1% for the next.
