(VIANEWS) – Morningstar (MORN), MainStay DefinedTerm Municipal Opportunities Fund (MMD), CenterPoint Energy (CNP) 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. Morningstar (MORN)
90.36% Payout Ratio
Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker/dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Morningstar has a trailing twelve months EPS of $1.67.
PE Ratio
Morningstar has a trailing twelve months price to earnings ratio of 164.21. Meaning, the purchaser of the share is investing $164.21 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 5.85%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Morningstar’s EBITDA is 91.51.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 3, 2024, the estimated forward annual dividend rate is 1.62 and the estimated forward annual dividend yield is 0.59%.
Volume
Today’s last reported volume for Morningstar is 148713 which is 9.45% below its average volume of 164235.
2. MainStay DefinedTerm Municipal Opportunities Fund (MMD)
79.07% Payout Ratio
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, MainStay DefinedTerm Municipal Opportunities Fund has a trailing twelve months EPS of $-0.3.
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 -1.7%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 11, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.85%.
Yearly Top and Bottom Value
MainStay DefinedTerm Municipal Opportunities Fund’s stock is valued at $16.38 at 19:23 EST, below its 52-week high of $18.10 and way above its 52-week low of $14.30.
Volume
Today’s last reported volume for MainStay DefinedTerm Municipal Opportunities Fund is 108755 which is 14.44% below its average volume of 127114.
3. CenterPoint Energy (CNP)
59.52% Payout Ratio
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.26.
PE Ratio
CenterPoint Energy has a trailing twelve months price to earnings ratio of 23.21. Meaning, the purchaser of the share is investing $23.21 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 8.78%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 2.74%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CenterPoint Energy’s EBITDA is 37.46.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 17.9% and 4%, respectively.
Volume
Today’s last reported volume for CenterPoint Energy is 2988180 which is 34.39% below its average volume of 4554900.
4. Magna International (MGA)
50.55% Payout Ratio
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers ?electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Earnings Per Share
As for profitability, Magna International has a trailing twelve months EPS of $3.62.
PE Ratio
Magna International has a trailing twelve months price to earnings ratio of 15.35. Meaning, the purchaser of the share is investing $15.35 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 9.73%.
Moving Average
Magna International’s value is under its 50-day moving average of $55.71 and higher than its 200-day moving average of $55.15.
5. Carpenter Technology Corporation (CRS)
37.04% Payout Ratio
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $2.16.
PE Ratio
Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 30.94. Meaning, the purchaser of the share is investing $30.94 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 7.84%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 561.5% and 184.2%, respectively.
Volume
Today’s last reported volume for Carpenter Technology Corporation is 325537 which is 37.33% below its average volume of 519503.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 2.68B for the twelve trailing months.
Moving Average
Carpenter Technology Corporation’s worth is below its 50-day moving average of $67.99 and way above its 200-day moving average of $58.48.
Previous days news about Carpenter Technology Corporation (CRS)
- According to Zacks on Monday, 22 January, "Other top-ranked stocks in the basic materials space include The Andersons Inc. (ANDE Quick QuoteANDE – Free Report) and Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) ."
- According to Zacks on Monday, 22 January, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ternium S.A. (TX Quick QuoteTX – Free Report) and Osisko Gold Royalties Ltd (OR Quick QuoteOR – Free Report) . "
- According to Zacks on Monday, 22 January, "Some better-ranked stocks in the Basic Materials space are Cameco Corporation (CCJ Quick QuoteCCJ – Free Report) , Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and The Andersons (ANDE Quick QuoteANDE – Free Report) , each sporting a Zacks Rank #1 (Strong Buy). "
6. New York Times (NYT)
36.21% Payout Ratio
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com website. The company also licenses articles, graphics, and photographs to newspapers, magazines and websites; and licenses content to digital aggregators in the business, professional, academic and library markets; third-party digital platforms; and for use in television, films and books. In addition, it engages in the live events business, which hosts events to connect audiences with journalists and outside thought leaders; and digital advertising business that includes direct-sold website, mobile application, podcast, email, and video advertisements. Further, the company offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audm, a read-aloud audio service that are available on mobile applications and websites, as well as Wirecutter, a product review and recommendation product. It also prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Times has a trailing twelve months EPS of $1.16.
PE Ratio
New York Times has a trailing twelve months price to earnings ratio of 41.57. Meaning, the purchaser of the share is investing $41.57 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 12.09%.
Sales Growth
New York Times’s sales growth for the current quarter is 1.8%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 1, 2024, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 0.92%.
Volume
Today’s last reported volume for New York Times is 723282 which is 43.9% below its average volume of 1289380.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
