(VIANEWS) - Artisan Partners Asset Management (APAM), Plains Group Holdings, L.P. (PAGP), Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund Shares of Beneficial Interest (EOI) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn't a promise 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. Artisan Partners Asset Management (APAM)
94.84% Payout Ratio
Artisan Partners Asset Management Inc., a publicly-owned investment manager, is Artisan Partners Asset Management Inc. The company provides services for pension plans and profit sharing plans as well trusts, endowments and foundations. It also assists government entities as well as private and non-U.S. fund managers. The firm manages client-specific equity and fixed income portfolios. It invests worldwide in fixed and public income markets. The firm invests in value and growth stocks from companies of all sizes. The firm also invests in fixed income components such as non-investment-grade corporate bonds, secured and unsecured loans and corporate bonds. To create their portfolios, it uses fundamental analysis. Artisan Partners Asset Management Inc., founded 1994, is located in Milwaukee, Wisconsin. It also has additional offices in Atlanta; New York City, San Francisco, California, Leawood (Kansas) and London, United Kingdom.
Earnings per Share
Artisan Partners Asset Management's trailing 12 months earnings per share (EPS) is $4.05.
PE Ratio
Artisan Partners Asset Management's trailing 12-month price-to-earnings ratio is 8.44. The purchaser of the shares is therefore investing $8.44 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 100%.2. Plains Group Holdings, L.P. (PAGP)
74.3% Payout Ratio
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2019, it owned and leased assets comprising 18,535 miles of crude oil and NGL pipelines and gathering systems; 35 million barrels of above-ground tank capacity; 825 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. This segment owned and operated approximately 79 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; seven natural gas processing plants; a condensate processing facility; eight fractionation plants; 30 crude oil and NGL rail terminals; six marine facilities; and 430 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. The company offers logistics services, primarily for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Plains Group Holdings, L.P. has a trailing twelve months EPS of $1.07.
PE Ratio
Plains Group Holdings, L.P. has a trailing twelve months price to earnings ratio of 11.21. Meaning, the purchaser of the share is investing $11.21 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 10.71%.Revenue growth
The year-on-year revenue growth was 33%. We now have 57.38B in the 12 trailing months.
Volume
Today's last reported volume for Plains Group Holdings, L.P. is 2207330 which is 14.76% below its average volume of 2589660.
3. Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund Shares of Beneficial Interest (EOI)
66.48% Payout Ratio
Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities. It benchmarks the performance of its portfolio against S&P 500 Index. Eaton Vance Enhanced Equity Income Fund was formed on October 29, 2004 and is domiciled in the United States.
Earnings per Share
Profitability: Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund shares of beneficial interest has a trailing 12 months EPS $1.7
PE Ratio
Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund shares of beneficial interest have a trailing 12 months price-to-earnings ratio of 9.72. The purchaser of the shares is therefore investing $9.72 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 10.31%.Volume
The current volume reported for Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund shares of beneficial interest is 70881, which is 24.09% lower than its average volume 93377.
Moving Average
Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund shares of beneficial interest are above their 50-day moving mean of $15.82, and higher than their 200-day moving mean of $16.27.Revenue growth
The year-on-year revenue growth fell by 1.2%. Now, the 12. trailing months have seen 10.45M.
Annual Top and Bottom Value
Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund shares of Beneficial Interest stock valued at $16.48 as of 07:23 EST. This is way lower than its 52 week high of $20.29, and far higher than its 52-week low value of $13.94.
4. Union Bankshares (UNB)
49.64% Payout Ratio
Union Bankshares, Inc. is the bank holding firm for Union Bank. It provides municipal, retail, and commercial banking services in New Hampshire and Vermont. The company offers retail deposit services such as checking, personal banking, savings, money-market, IRA/SEP/KEOGH and health savings accounts. It also offers residential loans and commercial real property loans. It also offers online cash management services including account reconciliation and credit card depository; automated clearinghouse origination; wire transfers; night depository services; merchant card services; remote capture services and online mortgage applications. The company also offers business checking accounts, standby letters, bank checks, money orders and safe deposit boxes, ATM services, debit cards, ATM services, telephone, Internet and mobile banking, home improvements loans, overdrafts, asset management, fiduciary and trust services. The company offers individual retail banking and commercial banking to corporations and partnerships of all sizes, sole proprietorships and nonprofit organizations as well as local governments and schools. It operates 18 banks offices and 2 loan centers. There are also various ATMs. Union Bankshares, Inc., was established in 1891. It is located in Morrisville, Vermont.
Earnings per Share
Union Bankshares' trailing 12-month EPS is $2.78.
PE Ratio
Union Bankshares' trailing 12-month price-earnings ratio is 8.52. The purchaser of the shares is investing $8.52 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 18.8%.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on October 26, 2022. The forward-annual dividend rate and forward dividend yield are both 1.4 and 5.91%, respectively.
5. Alico (ALCO)
46.4% Payout Ratio
Alico, Inc., along with its affiliates, is an American agribusiness- and land management firm. It operates through two divisions, Alico Citrus and Land Management and other Operations. Alico Citrus is a segment that cultivates citrus trees for fresh and processed citrus market delivery. Land Management and Other Operations is responsible for managing land in Collier and Glades Counties. It also leases land to be used for recreation, grazing, conservation and mining purposes. It owned 83,000 acres in eight Florida counties as of September 30, 2021. These include Collier, DeSoto and Glades. It was established in 1960. The headquarters are located in Fort Myers in Florida.
Earnings per Share
Alico's trailing 12 month EPS is $3.56.
PE Ratio
Alico's trailing 12-month price-earnings ratio is 7.77. The purchaser of the shares is therefore investing $7.77 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 12.37%.Sales Growth
Alico's sales growth for the current quarter is negative 52.5%.
Moving Average
Alico's value is below its 50-day moving average of $30.15 and way under its 200-day moving average of $34.86.Annual Top and Bottom Value
At 07:23 EST Alico stock was valued at $27.67. This is lower than the 52-week high at $43.65, and more than its low at $26.35.
6. Assurant (AIZ)
44.52% Payout Ratio
Assurant, Inc., along with its affiliates, offers lifestyle and housing solutions to support, protect, connect, and link consumer purchases across North America, Latin America, Europe, Asia Pacific, and Europe. Global Lifestyle, Global Housing and Global Preneed are the three main segments of Assurant, Inc. Global Lifestyle provides protection services for mobile devices, extended service contracts to consumers and assistance services. Credit and insurance services are also offered. Global Housing offers mortgage-placed homeowners, manufactured housing and flood insurance. Renters insurance and similar products are also available. Global Preneed provides pre-funded final need and funeral insurance as well as related services. The original name of the company was Fortis, Inc., but it changed its name in February 2004 to Assurant, Inc. Assurant, Inc. was established in 1892. It is located in New York, New York.
Earnings per Share
Assurant's trailing 12 months profit per share is $6.11.
PE Ratio
Assurant's trailing 12-month price-to-earnings ratio is 21.16. The purchaser of the shares is therefore investing $21.16 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 6.97%.