(VIANEWS) – The Blackstone Group (BX), Chesapeake Granite Wash Trust (CHKR), CBRE Clarion Global Real Estate Income Fund (IGR) 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 distribute 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. The Blackstone Group (BX)
117.96% Payout Ratio
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe, North America and Central America.
Earnings Per Share
As for profitability, The Blackstone Group has a trailing twelve months EPS of $1.84.
PE Ratio
The Blackstone Group has a trailing twelve months price to earnings ratio of 67.1. Meaning, the purchaser of the share is investing $67.1 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 20.59%.
Sales Growth
The Blackstone Group’s sales growth is 13.9% for the ongoing quarter and 18.4% for the next.
2. Chesapeake Granite Wash Trust (CHKR)
100.08% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.12.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 3.83. Meaning, the purchaser of the share is investing $3.83 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 53.77%.
Yearly Top and Bottom Value
Chesapeake Granite Wash Trust’s stock is valued at $0.46 at 08:23 EST, way below its 52-week high of $1.20 and way higher than its 52-week low of $0.31.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 17.96%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 52.2%, now sitting on 8.06M for the twelve trailing months.
3. CBRE Clarion Global Real Estate Income Fund (IGR)
85.71% Payout Ratio
CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia. The fund seeks to invest in stocks of companies operating across the real estate sector including REITs. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis to create its portfolio. It conducts in-house research to make its investments.
Earnings Per Share
As for profitability, CBRE Clarion Global Real Estate Income Fund has a trailing twelve months EPS of $0.84.
PE Ratio
CBRE Clarion Global Real Estate Income Fund has a trailing twelve months price to earnings ratio of 6.05. Meaning, the purchaser of the share is investing $6.05 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 13.99%.
Moving Average
CBRE Clarion Global Real Estate Income Fund’s worth is above its 50-day moving average of $5.02 and higher than its 200-day moving average of $4.93.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.9%, now sitting on 43.08M for the twelve trailing months.
Yearly Top and Bottom Value
CBRE Clarion Global Real Estate Income Fund’s stock is valued at $5.08 at 08:23 EST, under its 52-week high of $5.62 and way above its 52-week low of $3.88.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 14.17%.
4. NewJersey Resources Corporation (NJR)
65.48% Payout Ratio
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 569,300 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar installation situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas transportation and storage contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.
Earnings Per Share
As for profitability, NewJersey Resources Corporation has a trailing twelve months EPS of $2.52.
PE Ratio
NewJersey Resources Corporation has a trailing twelve months price to earnings ratio of 16.7. Meaning, the purchaser of the share is investing $16.7 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 11.9%.
5. CVS Health (CVS)
43.51% Payout Ratio
CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Health Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, specialty and mail order pharmacy, clinical, disease management, and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, CMS, plans offered on public health insurance, and other sponsors of health benefit plans. The Pharmacy & Consumer Wellness segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. It operates online retail pharmacy websites, LTC pharmacies and on-site pharmacies, retail specialty pharmacy stores, compounding pharmacies and branches for infusion and enteral nutrition services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was incorporated in 1996 and is headquartered in Woonsocket, Rhode Island.
Earnings Per Share
As for profitability, CVS Health has a trailing twelve months EPS of $6.47.
PE Ratio
CVS Health has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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 10.09%.
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%.
