(VIANEWS) - Companhia Paranaense de Energia (ELP), Compania Cervecerias Unidas, S.A. (CCU), Tortoise Power and Energy Infrastructure Fund (TPZ) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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 issue 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. Companhia Paranaense de Energia (ELP)
505.63% Payout Ratio
Companhia Paranaense de Energia – COPEL is engaged in generation, transmission and distribution of electricity, primarily to residential, commercial and rural customers in Brazil's State of ParanA! The company owned or operated 3,389 km of transmission lines, and 199.952.6 kilometers distribution lines. The company holds electricity distribution concessions in 399 municipalities of the State ParanA! as well as in Porto UniAPSo, Santa Catarina. It also offers telecommunications services to corporations, such as banks, universities and internet service providers. It also supplies pipelined gas to 47.238 customers. This includes thermoelectric plants and cogeneration plants as well as gas stations, businesses, residences, and other establishments. The gas distribution network covers 833 km in ParanA! Companhia Paranaense de Energia A COPEL was established in 1954. It is headquartered at Curitiba in Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.13.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 44.1. Meaning, the purchaser of the share is investing $44.1 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 11.05%.2. Compania Cervecerias Unidas, S.A. (CCU)
145.81% Payout Ratio
CompaA+ -Aa CervecerAas Unidas S.A. is a beverage business that operates primarily in Chile, Argentina Uruguay, Paraguay and Colombia. Three segments of the company are Chile, International Business and Wine. The company produces and distributes Pernod Rard products in retail outlets other than supermarkets. It also makes and sells other non-alcoholic beverages such as carbonated soft drinks and nectars and fruits, sports and energy drinks and ice tea. It also produces and distributes pisco, cocktail, rum, flavored alcohol beverages, wine and cider. It serves retail outlets of small to medium size, as well as retail establishments such restaurants, bars, and hotels; wholesalers and large supermarket chains. The company also exports to Europe, Latin America and the United States of America, Canada, Asia, Oceania, as well as internationally. It was established in Santiago, Chile in 1850. CompaA+-Aa CervecerAas Unidas S.A. is a subsidiary of Inversiones y Rentas S.A.
Earnings Per Share
As for profitability, Compania Cervecerias Unidas, S.A. has a trailing twelve months EPS of $2.53.
PE Ratio
Compania Cervecerias Unidas, S.A. has a trailing twelve months price to earnings ratio of 4.26. Meaning, the purchaser of the share is investing $4.26 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 15.62%.3. Tortoise Power and Energy Infrastructure Fund (TPZ)
67.18% Payout Ratio
Tortoise Power and Energy Infrastructure Fund, Inc., is a closed-ended, balanced mutual fund that was launched and managed in partnership with Tortoise Capital Advisors, LLC. It invests in fixed income markets and the public equity market of the United States. The fund invests in securities belonging to companies in the energy and power infrastructure sector. To create its portfolio, the fund uses a top-down stock selection approach and a fundamental analysis. It focuses on factors such as comparisons of qualitative and quantitative factors. It used to be known previously as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc., was established on July 5, 2007, and is based in the United States.
Earnings Per Share
As for profitability, Tortoise Power and Energy Infrastructure Fund has a trailing twelve months EPS of $1.31.
PE Ratio
Tortoise Power and Energy Infrastructure Fund has a trailing twelve months price to earnings ratio of 9.53. Meaning, the purchaser of the share is investing $9.53 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 21, 2022, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 10.12%.
Volume
Today's last reported volume for Tortoise Power and Energy Infrastructure Fund is 24880 which is 89.08% above its average volume of 13158.
4. Independent Bank Corp. (INDB)
56.41% Payout Ratio
Independent Bank Corp. is the bank holding firm for Rockland Trust Company. It provides small to medium sized businesses and individuals with commercial banking services. The company's services include checking, savings, time certificates, demand deposits, and money market certificates. Its loan portfolio also includes commercial loans such as industrial and asset-based commercial real estate and commercial construction loans. Consumer real estate loans include residential mortgages, home equity loans and loans to build residential homes. Personal loans are available. The company also offers trust and investment services to small and large businesses and individuals; Internet banking and mobile banking, as well as ATM cards and debit cards. It also has mutual fund shares and unit investment trust shares. General securities, variable and fixed annuities as well as life insurance products. It operates through ninety-six retail full and two limited service branches, 16 commercial banks centers, ten investment offices and eight mortgage lending centres in Eastern Massachusetts. Rockland is the headquarters of this company, which was established in 1907.
Earnings Per Share
As for profitability, Independent Bank Corp. has a trailing twelve months EPS of $3.51.
PE Ratio
Independent Bank Corp. has a trailing twelve months price to earnings ratio of 22.23. Meaning, the purchaser of the share is investing $22.23 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 6.79%.Yearly Top and Bottom Value
Independent Bank Corp.'s stock is valued at $78.04 at 14:24 EST, way under its 52-week high of $93.52 and higher than its 52-week low of $74.28.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 22, 2022, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 2.6%.
Volume
Today's last reported volume for Independent Bank Corp. is 3725 which is 98.01% below its average volume of 188065.
Moving Average
Independent Bank Corp.'s worth is under its 50-day moving average of $80.68 and below its 200-day moving average of $81.47.5. Cass Information Systems (CASS)
49.33% Payout Ratio
Cass Information Systems, Inc. offers payment processing and information services to American manufacturing, retail, and distribution companies. The company operates in two parts: Information Services and Banking Services. It offers services such as freight invoice rating and payment processing. The company also pays invoices related to facility expenses, including electricity, gas and waste. It offers telecommunications expense management services. Cass Commercial Bank is the bank subsidiary. The company offers a variety of services including checking, saving, time, and industrial deposit accounts, commercial, industrial and real-estate loans, cash management and cash management to private-owned companies and faith-related ministries. It also offers a B2B platform to clients who require a flexible fintech partner. The company operates out of its bank facility in downtown St. Louis. It also has an operating branch in Bridgeton. Additional leased facilities are located in Fenton and Colorado Springs. Cass Commercial Corporation was the company's name before it changed to Cass Information Systems, Inc., in January 2001. Cass Information Systems, Inc. is located in St. Louis, Missouri.
Earnings Per Share
As for profitability, Cass Information Systems has a trailing twelve months EPS of $2.25.
PE Ratio
Cass Information Systems has a trailing twelve months price to earnings ratio of 15.76. Meaning, the purchaser of the share is investing $15.76 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 13.43%.Revenue Growth
Year-on-year quarterly revenue growth grew by 17.2%, now sitting on 167.43M for the twelve trailing months.
Volume
Today's last reported volume for Cass Information Systems is 38957 which is 3.42% below its average volume of 40337.
6. Brady Corporation (BRC)
34.16% Payout Ratio
Brady Corporation supplies and manufactures identification solutions (IDS), and workplace safety products (WPS), to protect people, premises and products in the United States as well as internationally. Safety signs, floor marking tapes and pipe markers are all available in the IDS segment. The products include name tags, badges and lanyards as well as rigid card printing systems and access control software. The segment is available to customers from various industries such as healthcare, electronic manufacturing, industrial, chemical, oil and gas, aviation, pharmaceuticals, government, mass transit and electrical contractors. It also provides distribution, direct sales and catalog marketing. WPS provides compliance and safety products for workplaces, such as safety signs and labels, markings, informational signage, markings, asset tracking labels and first aid items; as well as labor law posters and other compliance materials, which can be used by manufacturers via catalog marketing and direct sales. The company also sells related products and stock identification products. Brady Corporation was founded in 1914. It is located in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Brady Corporation has a trailing twelve months EPS of $2.
PE Ratio
Brady Corporation has a trailing twelve months price to earnings ratio of 21.13. Meaning, the purchaser of the share is investing $21.13 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 14.68%.Volume
Today's last reported volume for Brady Corporation is 71604 which is 66.1% below its average volume of 211246.
Sales Growth
Brady Corporation's sales growth for the current quarter is 8.5%.