(VIANEWS) – TORM plc (TRMD), NVE Corporation (NVEC), Walker & Dunlop (WD) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. TORM plc (TRMD)
93.72% Payout Ratio
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, TORM plc has a trailing twelve months EPS of $7.48.
PE Ratio
TORM plc has a trailing twelve months price to earnings ratio of 4.67. Meaning, the purchaser of the share is investing $4.67 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 40.89%.
2. NVE Corporation (NVEC)
89.69% Payout Ratio
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it engages in the research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Earnings Per Share
As for profitability, NVE Corporation has a trailing twelve months EPS of $4.46.
PE Ratio
NVE Corporation has a trailing twelve months price to earnings ratio of 18.38. Meaning, the purchaser of the share is investing $18.38 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 33.13%.
Yearly Top and Bottom Value
NVE Corporation’s stock is valued at $81.96 at 08:23 EST, way under its 52-week high of $100.19 and way higher than its 52-week low of $64.14.
Moving Average
NVE Corporation’s worth is below its 50-day moving average of $83.37 and higher than its 200-day moving average of $79.39.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 26, 2024, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 4.88%.
3. Walker & Dunlop (WD)
79.25% Payout Ratio
Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, and small-balance loans. It also provides finance for multifamily, manufactured housing communities, student housing, affordable housing, and senior housing properties under the Fannie Mae's DUS program; and construction and permanent loans to developers and owners of multifamily housing, affordable housing, senior housing, and healthcare facilities. In addition, the company acts as a debt broker to work with life insurance companies, banks, and other institutional lenders to find debt and/or equity solution for the borrowers' needs; and offers property sales brokerage services to owners and developers of multifamily properties, and commercial real estate and multifamily property appraisals for various investors. Further, it provides appraisal and valuation services; and real estate-related investment banking and advisory services, including housing market research. Additionally, the company offers servicing and asset-managing the portfolio of loans; originates loans through its principal lending and investing activities; and manages third-party capital invested in tax credit equity funds focused on the affordable housing and other commercial real estate sectors. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.
Earnings Per Share
As for profitability, Walker & Dunlop has a trailing twelve months EPS of $3.18.
PE Ratio
Walker & Dunlop has a trailing twelve months price to earnings ratio of 28.97. Meaning, the purchaser of the share is investing $28.97 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 5.96%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 34.2% and positive 7.3% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 2.82%.
4. IDACORP (IDA)
62.26% Payout Ratio
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, IDACORP has a trailing twelve months EPS of $5.14.
PE Ratio
IDACORP has a trailing twelve months price to earnings ratio of 18.35. Meaning, the purchaser of the share is investing $18.35 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 9.14%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 3, 2024, the estimated forward annual dividend rate is 3.32 and the estimated forward annual dividend yield is 3.52%.
5. Companhia Paranaense de Energia (ELP)
44.54% Payout Ratio
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.57.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 12.82. Meaning, the purchaser of the share is investing $12.82 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 9.42%.
Yearly Top and Bottom Value
Companhia Paranaense de Energia’s stock is valued at $7.31 at 08:23 EST, way under its 52-week high of $10.64 and above its 52-week low of $6.91.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 2, 2023, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 7.54%.
Volume
Today’s last reported volume for Companhia Paranaense de Energia is 550331 which is 41.03% above its average volume of 390200.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 21.48B for the twelve trailing months.
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).
