(VIANEWS) – Enpro Industries (NPO), BlackRock Long (BTA), ITT Educational Services (ESI) 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 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. Enpro Industries (NPO)
227.45% Payout Ratio
EnPro Industries, Inc. design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic seals, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries. The Advanced Surface Technologies segment offers cleaning, coating, testing, refurbishment, and verification services for critical components and assemblies used in semiconductor manufacturing equipment, as well as for critical applications in the space, aerospace, and defense markets; and specialized optical filters and thin-film coatings for various applications in the industrial technology, life sciences, and semiconductor markets. EnPro Industries, Inc. was incorporated in 2002 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Enpro Industries has a trailing twelve months EPS of $-0.15.
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 -0.46%.
Volume
Today’s last reported volume for Enpro Industries is 50914 which is 50.67% below its average volume of 103214.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 5, 2024, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 0.74%.
Sales Growth
Enpro Industries’s sales growth for the next quarter is 9.2%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1.1% and 27.2%, respectively.
2. BlackRock Long (BTA)
193.33% Payout Ratio
BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment. BlackRock Long-Term Municipal Advantage Trust was formed on February 28, 2006 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock Long has a trailing twelve months EPS of $0.27.
PE Ratio
BlackRock Long has a trailing twelve months price to earnings ratio of 37.33. Meaning, the purchaser of the share is investing $37.33 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 10.78M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 5.18%.
Yearly Top and Bottom Value
BlackRock Long’s stock is valued at $10.08 at 02:23 EST, under its 52-week high of $10.62 and way above its 52-week low of $8.59.
3. ITT Educational Services (ESI)
60.38% Payout Ratio
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies solder technologies, fluxes, cleaners, and other attachment materials for the electronics assembly industry; proprietary liquid chemical processes to manufacture printed circuit boards; and advanced copper interconnects, die attachment, wafer bump processes, and photomask technologies for integrated circuit fabrication and semiconductor packaging. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.
Earnings Per Share
As for profitability, ITT Educational Services has a trailing twelve months EPS of $0.53.
PE Ratio
ITT Educational Services has a trailing twelve months price to earnings ratio of 50.85. Meaning, the purchaser of the share is investing $50.85 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 5.48%.
Yearly Top and Bottom Value
ITT Educational Services’s stock is valued at $26.95 at 02:23 EST, under its 52-week high of $28.69 and way above its 52-week low of $17.57.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 12.9% and 8.3%, respectively.
4. Hope Bancorp (HOPE)
56.57% Payout Ratio
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $0.99.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 11.89. Meaning, the purchaser of the share is investing $11.89 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 5.77%.
Sales Growth
Hope Bancorp’s sales growth for the current quarter is negative 4.8%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.2%, now sitting on 521.12M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 31.2% and a negative 4%, respectively.
Yearly Top and Bottom Value
Hope Bancorp’s stock is valued at $11.77 at 02:23 EST, below its 52-week high of $12.51 and way higher than its 52-week low of $8.15.
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 ongoing quarter and the next is 1% and 1%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
