(VIANEWS) – Atlantica Sustainable Infrastructure plc (AY), DNP Select Income Fund (DNP), Ecolab (ECL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 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)
481.08% 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 $0.37.
PE Ratio
Atlantica Sustainable Infrastructure plc has a trailing twelve months price to earnings ratio of 49.84. Meaning, the purchaser of the share is investing $49.84 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 2.16%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 11, 2024, the estimated forward annual dividend rate is 1.78 and the estimated forward annual dividend yield is 9.65%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1%, now sitting on 1.1B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Atlantica Sustainable Infrastructure plc’s EBITDA is 6.52.
2. DNP Select Income Fund (DNP)
80.41% Payout Ratio
DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P 500 Utilities Index and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States.
Earnings Per Share
As for profitability, DNP Select Income Fund has a trailing twelve months EPS of $-0.47.
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 -6.46%.
3. Ecolab (ECL)
45.09% Payout Ratio
Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. Its Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education, and retail industries. The Global Healthcare & Life Sciences segment offers specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries, such as infection prevention and surgical solutions, and end-to-end cleaning and contamination control solutions under the Ecolab, Microtek, and Anios brand names. In addition, the company provides pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, hotels, grocery operations, and other commercial segments including education, life sciences, and healthcare customers. Further, it offers colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries; and products and services that manage wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and reduction, as well as real time data management. It sells its products through field sales and corporate account personnel, distributors, and dealers. Ecolab Inc. was founded in 1923 and is headquartered in Saint Paul, Minnesota.
Earnings Per Share
As for profitability, Ecolab has a trailing twelve months EPS of $4.79.
PE Ratio
Ecolab has a trailing twelve months price to earnings ratio of 46.67. Meaning, the purchaser of the share is investing $46.67 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 18.17%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 51.1% and 24.2%, respectively.
Previous days news about Ecolab (ECL)
- According to Zacks on Monday, 11 March, "Some better-ranked stocks in the Basic Materials space are Ecolab Inc. (ECL Quick QuoteECL – Free Report) , sporting a Zacks Rank #1 (Strong Buy), and Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) and Hawkins, Inc. (HWKN Quick QuoteHWKN – Free Report) , each carrying a Zacks Rank #2 (Buy). "
- According to Zacks on Monday, 11 March, "Some better-ranked stocks from the basic materials space are Ecolab Inc. ECL, Alpha Metallurgical Resources, Inc. (AMR Quick QuoteAMR – Free Report) and Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) . "
- According to Zacks on Tuesday, 12 March, "Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) , Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Alpha Metallurgical Resources, Inc. (AMR Quick QuoteAMR – Free Report) . "
- According to Zacks on Tuesday, 12 March, "Some other top-ranked stocks in the Basic Materials space are, Carpenter Technology Corporation (CRS Quick QuoteCRS – Free Report) sporting a Zacks Rank #1, and Ecolab Inc. (ECL Quick QuoteECL – Free Report) and Hawkins, Inc. (HWKN Quick QuoteHWKN – Free Report) , each carrying a Zacks Rank #2 (Buy). "
4. Mannatech (MTEX)
35.56% Payout Ratio
Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through network marketing channels and a website. Mannatech, Incorporated was founded in 1993 and is headquartered in Flower Mound, Texas.
Earnings Per Share
As for profitability, Mannatech has a trailing twelve months EPS of $-3.66.
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 -47.71%.
5. Richardson Electronics, Ltd. (RELL)
35.29% Payout Ratio
Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. The company's Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables; technical services for microwave and industrial equipment; flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment; customized display solutions; and power conversion and RF and microwave component for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. Its products are used to control, switch, or amplify electrical power signals, as well as are used as display devices in alternative energy, healthcare, aviation, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company's Canvys segment provides custom display solutions, such as touch screens, protective panels, all-in-one computers, custom enclosures, specialized cabinet finishes, application specific software packages, and certification services to corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets. Its Healthcare segment manufactures and distributes diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; MRI coils, cold heads, and RF amplifiers; hydrogen thyratrons, klystrons, and magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions, as well as offers CT service training. It serves hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company was founded in 1947 and is headquartered in LaFox, Illinois.
Earnings Per Share
As for profitability, Richardson Electronics, Ltd. has a trailing twelve months EPS of $0.68.
PE Ratio
Richardson Electronics, Ltd. has a trailing twelve months price to earnings ratio of 12.87. Meaning, the purchaser of the share is investing $12.87 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 6.45%.
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).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
