(VIANEWS) – Kayne Anderson MLP Investment Company (KYN), Tiptree (TIPT), 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 up until now. 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 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. Kayne Anderson MLP Investment Company (KYN)
116.9% Payout Ratio
Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector. The fund primarily invests in energy-related master limited partnerships. Kayne Anderson MLP Investment Company was formed on June 4, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Kayne Anderson MLP Investment Company has a trailing twelve months EPS of $0.71.
PE Ratio
Kayne Anderson MLP Investment Company has a trailing twelve months price to earnings ratio of 12.06. Meaning, the purchaser of the share is investing $12.06 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 6.98%.
Yearly Top and Bottom Value
Kayne Anderson MLP Investment Company’s stock is valued at $8.56 at 13:23 EST, below its 52-week high of $9.32 and above its 52-week low of $7.84.
Revenue Growth
Year-on-year quarterly revenue growth grew by 71.2%, now sitting on 69.56M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 2, 2024, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 10.28%.
2. Tiptree (TIPT)
90.48% Payout Ratio
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. It operates in two segments, Insurance and Mortgage. The company provides niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. It also offers mortgage loans for institutional investors; and maritime transportation services, as well as invests in securities and other assets. Tiptree Inc. markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
Earnings Per Share
As for profitability, Tiptree has a trailing twelve months EPS of $0.21.
PE Ratio
Tiptree has a trailing twelve months price to earnings ratio of 79.29. Meaning, the purchaser of the share is investing $79.29 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 5.64%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 17, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 1.2%.
Yearly Top and Bottom Value
Tiptree’s stock is valued at $16.65 at 13:23 EST, way below its 52-week high of $20.80 and way above its 52-week low of $12.12.
Volume
Today’s last reported volume for Tiptree is 88640 which is 19.11% below its average volume of 109593.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.2%, now sitting on 1.59B for the twelve trailing months.
3. UNITIL Corporation (UTL)
57.45% Payout Ratio
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. 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 electricity and natural gas in 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 real estate management services. It serves approximately 108,100 electric customers and 87,500 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 $2.82.
PE Ratio
UNITIL Corporation has a trailing twelve months price to earnings ratio of 17.17. Meaning, the purchaser of the share is investing $17.17 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 9.45%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 8.6% and 12%, respectively.
4. Diageo (DEO)
48.73% Payout Ratio
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Cîroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in the United States, the United Kingdom, Turkey, Australia, Korea, India, Greater China, Brazil, Mexico, South Africa, Nigeria, and internationally. Diageo plc was incorporated in 1886 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Diageo has a trailing twelve months EPS of $8.19.
PE Ratio
Diageo has a trailing twelve months price to earnings ratio of 18.63. Meaning, the purchaser of the share is investing $18.63 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 36.41%.
Volume
Today’s last reported volume for Diageo is 1089130 which is 31.25% above its average volume of 829750.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.4%, now sitting on 21.64B for the twelve trailing months.
Previous days news about Diageo (DEO)
- The zacks analyst blog highlights Merck, ServiceNow, blackstone, gilead sciences and diageo. According to Zacks on Wednesday, 21 February, "Stocks recently featured in the blog include: Merck & Co., Inc. (MRK Quick QuoteMRK – Free Report) , ServiceNow, Inc. (NOW Quick QuoteNOW – Free Report) , Blackstone Inc. (BX Quick QuoteBX – Free Report) , Gilead Sciences, Inc. (GILD Quick QuoteGILD – Free Report) and Diageo plc (DEO Quick QuoteDEO – Free Report) .", "The company has been facing substantial outflows in some of its funds of late, which are likely to hurt its financials.(You can read the full research report on Blackstone here >>>)Other noteworthy reports we are featuring today include Gilead Sciences, Inc. and Diageo plc."
5. Micron Technology (MU)
31.56% Payout Ratio
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, Micron Technology has a trailing twelve months EPS of $-6.28.
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 -14.91%.
Moving Average
Micron Technology’s value is above its 50-day moving average of $83.61 and way above its 200-day moving average of $72.01.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
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).
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1% and 1%, respectively.
