(VIANEWS) – EastGroup Properties (EGP), Portland General Electric Co (POR), Ryman Hospitality Properties (RHP) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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. EastGroup Properties (EGP)
114.03% Payout Ratio
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.
Earnings Per Share
As for profitability, EastGroup Properties has a trailing twelve months EPS of $4.42.
PE Ratio
EastGroup Properties has a trailing twelve months price to earnings ratio of 40.17. Meaning, the purchaser of the share is investing $40.17 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 8.79%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.9% and 11.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.9%, now sitting on 570.59M for the twelve trailing months.
Volume
Today’s last reported volume for EastGroup Properties is 139127 which is 53.86% below its average volume of 301573.
Yearly Top and Bottom Value
EastGroup Properties’s stock is valued at $177.53 at 07:23 EST, below its 52-week high of $188.85 and way higher than its 52-week low of $152.45.
2. Portland General Electric Co (POR)
80.58% Payout Ratio
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates seven thermal plants; seven hydroelectric plants; and two wind farms. As of December 31, 2019, it owned an electric transmission system consisting of 1,264 circuit miles, including 287 circuit miles of 500 kilovolt line, 423 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line. The company has 27,755 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 895,000 residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
Earnings Per Share
As for profitability, Portland General Electric Co has a trailing twelve months EPS of $2.33.
PE Ratio
Portland General Electric Co has a trailing twelve months price to earnings ratio of 17.23. Meaning, the purchaser of the share is investing $17.23 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 7.48%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 2.92B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Portland General Electric Co’s EBITDA is 2.91.
3. Ryman Hospitality Properties (RHP)
71.83% Payout Ratio
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company's core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International. The Company also owns two adjacent ancillary hotels and a small number of attractions managed by Marriott International for a combined total of 10,110 rooms and more than 2.7 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company's Entertainment segment includes a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium, WSM 650 AM; Ole Red and Circle, a country lifestyle media network the Company owns in a joint-venture with Gray Television. The Company operates its Entertainment segment as part of a taxable REIT subsidiary. * The Company is the sole owner of Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; and Gaylord National Resort & Convention Center. It is the majority owner and managing member of the joint venture that owns the Gaylord Rockies Resort & Convention Center.
Earnings Per Share
As for profitability, Ryman Hospitality Properties has a trailing twelve months EPS of $5.37.
PE Ratio
Ryman Hospitality Properties has a trailing twelve months price to earnings ratio of 22.2. Meaning, the purchaser of the share is investing $22.2 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 51.57%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 3.69%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 37.3% and positive 21.7% for the next.
4. Provident Financial Holdings (PROV)
49.12% Payout Ratio
Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. Its deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans. The company also offers investment services comprising the sale of investment products, such as annuities and mutual funds; and trustee services for real estate transactions. It operates through 12 full-service banking offices in Riverside County and one full-service banking office in San Bernardino County. The company was founded in 1956 and is based in Riverside, California.
Earnings Per Share
As for profitability, Provident Financial Holdings has a trailing twelve months EPS of $1.14.
PE Ratio
Provident Financial Holdings has a trailing twelve months price to earnings ratio of 12.57. Meaning, the purchaser of the share is investing $12.57 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 6.21%.
5. Nexstar Media Group (NXST)
42.24% Payout Ratio
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Nexstar Media Group has a trailing twelve months EPS of $11.71.
PE Ratio
Nexstar Media Group has a trailing twelve months price to earnings ratio of 14.84. Meaning, the purchaser of the share is investing $14.84 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 13.17%.
Yearly Top and Bottom Value
Nexstar Media Group’s stock is valued at $173.77 at 07:23 EST, way under its 52-week high of $198.82 and way above its 52-week low of $132.30.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.8%, now sitting on 5.12B for the twelve trailing months.
Volume
Today’s last reported volume for Nexstar Media Group is 405858 which is 29.35% above its average volume of 313747.
6. Royal Gold (RGLD)
42.01% Payout Ratio
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and cobalt. As of June 30, 2021, the company owned interests in 187 properties on five continents, including interests on 41 producing mines and 17 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
Earnings Per Share
As for profitability, Royal Gold has a trailing twelve months EPS of $3.63.
PE Ratio
Royal Gold has a trailing twelve months price to earnings ratio of 29.93. Meaning, the purchaser of the share is investing $29.93 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 10.98%.
Moving Average
Royal Gold’s value is below its 50-day moving average of $117.25 and below its 200-day moving average of $116.08.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
