(VIANEWS) – Blackrock Muni Intermediate Duration Fund (MUI), BlackRock Energy and Resources Trust (BGR), Southwest Gas Corporation (SWX) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. Blackrock Muni Intermediate Duration Fund (MUI)
117.75% Payout Ratio
BlackRock Muni Intermediate Duration Fund, Inc. 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. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock Muni Intermediate Duration Fund has a trailing twelve months EPS of $0.4.
PE Ratio
Blackrock Muni Intermediate Duration Fund has a trailing twelve months price to earnings ratio of 30.78. Meaning, the purchaser of the share is investing $30.78 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 5.37%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.8%, now sitting on 68.1M for the twelve trailing months.
2. BlackRock Energy and Resources Trust (BGR)
113.22% Payout Ratio
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through equity derivatives, with an emphasis on option writing. It was formerly known as BlackRock Global Energy and Resources Trust. BlackRock Energy and Resources Trust was formed on December 23, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Energy and Resources Trust has a trailing twelve months EPS of $0.69.
PE Ratio
BlackRock Energy and Resources Trust has a trailing twelve months price to earnings ratio of 19.12. Meaning, the purchaser of the share is investing $19.12 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 4.68%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.5%, now sitting on 14.59M for the twelve trailing months.
Yearly Top and Bottom Value
BlackRock Energy and Resources Trust’s stock is valued at $13.19 at 08:23 EST, below its 52-week high of $13.68 and way above its 52-week low of $11.86.
3. Southwest Gas Corporation (SWX)
92.54% Payout Ratio
Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2023, it had 2,226,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.
Earnings Per Share
As for profitability, Southwest Gas Corporation has a trailing twelve months EPS of $2.75.
PE Ratio
Southwest Gas Corporation has a trailing twelve months price to earnings ratio of 27.59. Meaning, the purchaser of the share is investing $27.59 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 5.76%.
Moving Average
Southwest Gas Corporation’s value is above its 50-day moving average of $74.13 and way higher than its 200-day moving average of $67.18.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.4%, now sitting on 5.41B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 12.8% and 160%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 2.48 and the estimated forward annual dividend yield is 3.35%.
4. OGE Energy Corporation (OGE)
84.71% Payout Ratio
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $1.97.
PE Ratio
OGE Energy Corporation has a trailing twelve months price to earnings ratio of 18.97. Meaning, the purchaser of the share is investing $18.97 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 9.01%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 4.5% and 6.7%, respectively.
Sales Growth
OGE Energy Corporation’s sales growth is 24.1% for the ongoing quarter and negative 2.5% for the next.
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.
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).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
