(VIANEWS) – Atlantica Sustainable Infrastructure plc (AY), ITT Educational Services (ESI), Alliant Energy Corporation (LNT) 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 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 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. Atlantica Sustainable Infrastructure plc (AY)
1369.23% Payout Ratio
Atlantica Sustainable Infrastructure plc owns and manages renewable energy, natural gas, transmission and transportation infrastructures, and water assets in the United States, Canada, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. It owns 28 assets comprising 1,591 MW of aggregate renewable energy installed generation capacity; 343 MW of natural gas-fired power generation capacity; 1,166 miles of electric transmission lines; and 17.5 million cubic feet per day of water desalination assets. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.
Earnings Per Share
As for profitability, Atlantica Sustainable Infrastructure plc has a trailing twelve months EPS of $0.13.
PE Ratio
Atlantica Sustainable Infrastructure plc has a trailing twelve months price to earnings ratio of 147.69. Meaning, the purchaser of the share is investing $147.69 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 1.02%.
Yearly Top and Bottom Value
Atlantica Sustainable Infrastructure plc’s stock is valued at $19.20 at 10:23 EST, way below its 52-week high of $29.81 and way above its 52-week low of $16.35.
Sales Growth
Atlantica Sustainable Infrastructure plc’s sales growth is 7.7% for the present quarter and 9.3% for the next.
Moving Average
Atlantica Sustainable Infrastructure plc’s value is under its 50-day moving average of $19.70 and way under its 200-day moving average of $24.11.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 191.7% and a drop 466.7% for the next.
2. ITT Educational Services (ESI)
152.38% Payout Ratio
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies solder technologies, fluxes, cleaners, and other attachment materials for the electronics assembly industry; proprietary liquid chemical processes to manufacture printed circuit boards; and advanced copper interconnects, die attachment, wafer bump processes, and photomask technologies for integrated circuit fabrication and semiconductor packaging. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, ITT Educational Services has a trailing twelve months EPS of $0.21.
PE Ratio
ITT Educational Services has a trailing twelve months price to earnings ratio of 97.26. Meaning, the purchaser of the share is investing $97.26 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 2.24%.
3. Alliant Energy Corporation (LNT)
65.38% Payout Ratio
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, Alliant Energy Corporation has a trailing twelve months EPS of $2.73.
PE Ratio
Alliant Energy Corporation has a trailing twelve months price to earnings ratio of 17.81. Meaning, the purchaser of the share is investing $17.81 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 10.61%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Alliant Energy Corporation’s EBITDA is 5.22.
Volume
Today’s last reported volume for Alliant Energy Corporation is 2150470 which is 28.12% above its average volume of 1678430.
4. Kingstone Companies (KINS)
61.54% Payout Ratio
Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to individuals in New York. The company offers personal lines insurance products, including homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies. It also provides commercial liability policies, such as business owner's policies comprising primarily of small business retail, service, and office risks; artisan's liability policies for small independent contractors; multi-peril policies for larger and specialized risks, and business owner's risks; and commercial umbrella policies. The company offers for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies, as well as reinsurance products. It sells its products through retail and wholesale agents and brokers. The company was formerly known as DCAP Group, Inc. and changed its name to Kingstone Companies, Inc. in July 2009. Kingstone Companies, Inc. was founded in 1886 and is headquartered in Kingston, New York.
Earnings Per Share
As for profitability, Kingstone Companies has a trailing twelve months EPS of $-1.27.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -34.16%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 26.7%, now sitting on 145.98M for the twelve trailing months.
Moving Average
Kingstone Companies’s worth is way higher than its 50-day moving average of $1.78 and way above its 200-day moving average of $1.45.
Sales Growth
Kingstone Companies’s sales growth is negative 5.5% for the present quarter and negative 6.1% for the next.
Yearly Top and Bottom Value
Kingstone Companies’s stock is valued at $2.05 at 10:23 EST, under its 52-week high of $2.18 and way higher than its 52-week low of $0.69.
5. Bank of New York Mellon (BK)
35.83% Payout Ratio
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Bank of New York Mellon has a trailing twelve months EPS of $4.27.
PE Ratio
Bank of New York Mellon has a trailing twelve months price to earnings ratio of 10.82. Meaning, the purchaser of the share is investing $10.82 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 8.95%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.4%, now sitting on 17.05B for the twelve trailing months.
Moving Average
Bank of New York Mellon’s worth is above its 50-day moving average of $43.28 and above its 200-day moving average of $44.64.
Sales Growth
Bank of New York Mellon’s sales growth is 9.7% for the current quarter and negative 1.8% for the next.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
