(VIANEWS) – BlackRock Long (BTA), Blackrock MuniYield New York Quality FundCommon Stock (MYN), Genie Energy Ltd. (GNE) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio as yet. 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. 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 39.11. Meaning, the purchaser of the share is investing $39.11 for every dollar of annual earnings.
Volume
Today’s last reported volume for BlackRock Long is 12330 which is 56.43% below its average volume of 28301.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 4.95%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 10.78M for the twelve trailing months.
Yearly Top and Bottom Value
BlackRock Long’s stock is valued at $10.56 at 20:23 EST, below its 52-week high of $10.97 and way higher than its 52-week low of $8.59.
2. Blackrock MuniYield New York Quality FundCommon Stock (MYN)
112.46% Payout Ratio
BlackRock MuniYield New York Quality 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 invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock MuniYield New York Quality Fund, Inc was formed on March 16, 1992 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock MuniYield New York Quality FundCommon Stock has a trailing twelve months EPS of $0.37.
PE Ratio
Blackrock MuniYield New York Quality FundCommon Stock has a trailing twelve months price to earnings ratio of 29.11. Meaning, the purchaser of the share is investing $29.11 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 2.64%.
Volume
Today’s last reported volume for Blackrock MuniYield New York Quality FundCommon Stock is 104637 which is 29.12% above its average volume of 81035.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 29.51M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 4.92%.
Yearly Top and Bottom Value
Blackrock MuniYield New York Quality FundCommon Stock’s stock is valued at $10.77 at 20:23 EST, below its 52-week high of $10.86 and way higher than its 52-week low of $8.47.
3. Genie Energy Ltd. (GNE)
107.14% Payout Ratio
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.
Earnings Per Share
As for profitability, Genie Energy Ltd. has a trailing twelve months EPS of $0.28.
PE Ratio
Genie Energy Ltd. has a trailing twelve months price to earnings ratio of 62.43. Meaning, the purchaser of the share is investing $62.43 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 4.31%.
Moving Average
Genie Energy Ltd.’s worth is higher than its 50-day moving average of $16.30 and below its 200-day moving average of $18.10.
Yearly Top and Bottom Value
Genie Energy Ltd.’s stock is valued at $17.48 at 20:23 EST, way under its 52-week high of $30.90 and way above its 52-week low of $14.00.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 14, 2024, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 1.72%.
Volume
Today’s last reported volume for Genie Energy Ltd. is 90271 which is 6.83% below its average volume of 96895.
4. Universal Corporation (UVV)
65.91% Payout Ratio
Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Universal Corporation has a trailing twelve months EPS of $4.87.
PE Ratio
Universal Corporation has a trailing twelve months price to earnings ratio of 10.77. Meaning, the purchaser of the share is investing $10.77 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 9.47%.
Yearly Top and Bottom Value
Universal Corporation’s stock is valued at $52.45 at 20:23 EST, way below its 52-week high of $67.80 and way higher than its 52-week low of $44.40.
Volume
Today’s last reported volume for Universal Corporation is 106204 which is 28.34% below its average volume of 148206.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.3%, now sitting on 2.83B for the twelve trailing months.
Moving Average
Universal Corporation’s worth is above its 50-day moving average of $51.76 and under its 200-day moving average of $53.06.
5. Sonoco Products Company (SON)
55.26% Payout Ratio
Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Industrial Paper Packaging segment provides paperboard tubes, cones, and cores; paper-based protective packaging products; and uncoated recycled paperboard products. It also offers various packaging materials, including plastic, paper, foam, and other specialty materials. Sonoco Products Company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable. The company was founded in 1899 and is headquartered in Hartsville, South Carolina.
Earnings Per Share
As for profitability, Sonoco Products Company has a trailing twelve months EPS of $3.71.
PE Ratio
Sonoco Products Company 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 15.57%.
Moving Average
Sonoco Products Company’s worth is above its 50-day moving average of $51.96 and under its 200-day moving average of $55.72.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.8%, now sitting on 6.61B for the twelve trailing months.
Sales Growth
Sonoco Products Company’s sales growth is 0.6% for the ongoing quarter and negative 0.9% for the next.
6. Star Gas Partners, L.P. (SGU)
53.23% Payout Ratio
Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.
Earnings Per Share
As for profitability, Star Gas Partners, L.P. has a trailing twelve months EPS of $1.24.
PE Ratio
Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 9.59. Meaning, the purchaser of the share is investing $9.59 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 16.96%.
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 present quarter and the next is 1% and 1%, respectively.
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).
