(VIANEWS) – Invesco Bond Fund (VBF), TransCanada (TRP), Cementos Pacasmayo S.A.A. (CPAC) 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 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 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. Invesco Bond Fund (VBF)
4007.5% Payout Ratio
Invesco Bond Fund is a close ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in fixed income markets. The fund primarily invests in fixed-rate investment-grade corporate bonds. It benchmarks the performance of its portfolio against the Barclays Baa U.S. Corporate Bond Index. It was formerly known as Invesco Van Kampen Bond Fund. Invesco Bond Fund was formed in 1970 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Bond Fund has a trailing twelve months EPS of $0.02.
PE Ratio
Invesco Bond Fund has a trailing twelve months price to earnings ratio of 779.5. Meaning, the purchaser of the share is investing $779.5 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 0.1%.
2. TransCanada (TRP)
135.27% Payout Ratio
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, TransCanada has a trailing twelve months EPS of $2.04.
PE Ratio
TransCanada has a trailing twelve months price to earnings ratio of 19.71. Meaning, the purchaser of the share is investing $19.71 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 8.39%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
TransCanada’s EBITDA is 5.47.
Moving Average
TransCanada’s worth is above its 50-day moving average of $39.18 and higher than its 200-day moving average of $37.75.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 7.13%.
3. Cementos Pacasmayo S.A.A. (CPAC)
105.09% Payout Ratio
Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. The company operates in three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement based products. The company also produces and distributes quicklime for use in steel, food, fishing, chemical, mining, agriculture, and other industries. In addition, it distributes other construction materials manufactured by third parties, such as steel rebars, cables, and pipes. As of March 31, 2021, the company operates a network of 269 independent retailers and 405 hardware stores. It also sells its cement products directly to other retailers, private construction companies, and government entities. The company was incorporated in 1949 and is headquartered in Lima, Peru. Cementos Pacasmayo S.A.A. is a subsidiary of Inversiones ASPI S.A.
Earnings Per Share
As for profitability, Cementos Pacasmayo S.A.A. has a trailing twelve months EPS of $0.51.
PE Ratio
Cementos Pacasmayo S.A.A. has a trailing twelve months price to earnings ratio of 10.98. Meaning, the purchaser of the share is investing $10.98 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 14.16%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 22, 2023, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 9.65%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cementos Pacasmayo S.A.A.’s EBITDA is 3.24.
4. Fastenal Company (FAST)
69.31% Payout Ratio
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Earnings Per Share
As for profitability, Fastenal Company has a trailing twelve months EPS of $2.02.
PE Ratio
Fastenal Company has a trailing twelve months price to earnings ratio of 37.14. Meaning, the purchaser of the share is investing $37.14 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 35.47%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.7%, now sitting on 7.35B for the twelve trailing months.
Volume
Today’s last reported volume for Fastenal Company is 7717730 which is 104.05% above its average volume of 3782240.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 31, 2024, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 2.06%.
Previous days news about Fastenal Company (FAST)
- According to Zacks on Friday, 15 March, "Continued innovation, e-commerce expansion and strong demand are likely to benefit players like The Home Depot Inc. (HD Quick QuoteHD – Free Report) , Lowe’s Companies (LOW Quick QuoteLOW – Free Report) , Fastenal Company (FAST Quick QuoteFAST – Free Report) , Builders FirstSource, Inc. (BLDR Quick QuoteBLDR – Free Report) and Beacon Roofing Supply (BECN Quick QuoteBECN – Free Report) ."
5. ONE Gas (OGS)
62.8% Payout Ratio
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, ONE Gas has a trailing twelve months EPS of $4.14.
PE Ratio
ONE Gas 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 8.64%.
Volume
Today’s last reported volume for ONE Gas is 253872 which is 44.26% below its average volume of 455480.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ONE Gas’s EBITDA is 2.78.
Sales Growth
ONE Gas’s sales growth is 45.6% for the present quarter and 6% for the next.
6. Infosys Limited (INFY)
60.44% Payout Ratio
Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves enterprises in the financial services and insurance, manufacturing, retail, consumer packaged goods, logistics, energy, utilities, resources, services, communications, telecom OEM, media, hi-tech, and life sciences and healthcare industries. The company has a collaboration with Microsoft to accelerate and democratize industry-wide adoption of generative AI; and strategic collaboration with Amazon Web Services Inc to deliver technology transformation and industry specific solutions to financial organizations. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.
Earnings Per Share
As for profitability, Infosys Limited has a trailing twelve months EPS of $0.71.
PE Ratio
Infosys Limited has a trailing twelve months price to earnings ratio of 27.08. Meaning, the purchaser of the share is investing $27.08 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 31.6%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 24, 2023, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 2.23%.
Moving Average
Infosys Limited’s value is under its 50-day moving average of $19.60 and higher than its 200-day moving average of $17.59.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Infosys Limited’s EBITDA is 4.26.
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.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
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).
