(VIANEWS) - Essex Property Trust (ESS), Dominion Resources (D), Energy Transfer (ET) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio at the moment. 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 distribute 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. Essex Property Trust (ESS)
157.43% Payout Ratio
Essex Property Trust, Inc., which is an S&P 500 Company, is a fully-integrated real estate investment trust. It acquires, develops, renovates, and maintains residential multifamily properties on selected West Coast areas. Essex has current ownership rights in 246 apartment communities, which include approximately 60,000 homes and 6 additional properties that are in different stages of development.
Earnings Per Share
As for profitability, Essex Property Trust has a trailing twelve months EPS of $6.48.
PE Ratio
Essex Property Trust has a trailing twelve months price to earnings ratio of 34.17. Meaning, the purchaser of the share is investing $34.17 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 6.34%.Volume
Today's last reported volume for Essex Property Trust is 142802 which is 74.77% below its average volume of 566144.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 8.8 and the estimated forward annual dividend yield is 3.97%.
Revenue growth
The year-over-year growth in quarterly revenue was 8.4%. It now stands at 1.64B for twelve months.
2. Dominion Resources (D)
134.46% Payout Ratio
Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, West Virginia, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.1 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 772,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 419,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2021, the company's portfolio of assets included approximately 30.2 gigawatt of electric generating capacity; 10,700 miles of electric transmission lines; 78,000 miles of electric distribution lines; and 95,700 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Dominion Resources has a trailing twelve months EPS of $-0.57.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 6.03%.3. Energy Transfer (ET)
60.24% Payout Ratio
Energy Transfer LP offers energy-related services. It owns approximately 11600 miles of natural-gas transportation pipeline and has two storage facilities for natural gas in Texas, as well as three storage facilities that store natural gas in Oklahoma. There are also 19830 miles interstate natural gaz pipeline. The company also supplies natural gas to independent power plants and electric utilities as well as local distribution companies and other marketers. It owns and operates natural-gas liquid (NGL), processing plants, treating and conditioning facilities, Texas, New Mexico and West Virginia; oil stabilization and gathering facilities in South Texas; as well as a system for natural gas gathering in Ohio. The company also transports water to natural gaz producers in Pennsylvania. The company owns 5,215 miles (NGL) of NGL pipe; NGL, propane fractionation and storage facilities. These facilities have a working storage capacity approximately 50,000,000 barrels (MMBbls). Other NGL storage assets are also available. It has a terminal that can store approximately 17 million MMBbls. It provides crude oil transport, terminalling and acquisition services, as well as selling and distributing gasoline, motor fuels, and other petroleum products. The company offers natural gas compression, carbon dioxide, hydrogen sulfide, natural gas cooling and dehydration and British thermal unit management services. It also manages natural resource properties and sells standing timber. The former name of the company was Energy Transfer Equity L.P., but it changed its name in October 2018 to Energy Transfer LP. It was established in 1996. The headquarters are in Dallas, Texas.
Earnings per Share
Energy Transfer's trailing 12 months profit margin is $-0.24.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 11.95%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 65% and 75%, respectively.Volume
Today's last reported volume for Energy Transfer is 8167860 which is 45.78% below its average volume of 15066900.
Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be on August 4, 2022. The forward annual dividend rate for the future is 0.92, and the forward annual dividend yield of 8.13%.
4. Franklin Financial Services Corporation (FRAF)
38.32% Payout Ratio
Franklin Financial Services Corporation is the bank holding firm for Farmers and Merchants Trust Company. It provides trust services and commercial and retail banking to individuals, small and medium-sized business, and governmental entities in Pennsylvania. You can choose from checking, saving, money management and demand deposit options. It also offers commercial real estate and construction, land development, residential mortgage loans as well as installment or revolving loans to customers. It also offers trust and investment services such as estate planning, administration, corporate trust fund management, profit sharing, and employee benefit funds management. The company sells insurance products, mutual funds and annuities; offers fiduciary and safe deposit options. Through its subsidiary Franklin Future Fund Inc. the company is a nonbank investment company making venture capital investments. There are 22 community banks in Franklin, Cumberland and Fulton counties. Franklin Financial Services Corporation was established in 1906. It is located in Chambersburg in Pennsylvania.
Earnings Per Share
As for profitability, Franklin Financial Services Corporation has a trailing twelve months EPS of $3.3.
PE Ratio
Franklin Financial Services Corporation has a trailing twelve months price to earnings ratio of 10.66. Meaning, the purchaser of the share is investing $10.66 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 11.4%.Revenue Growth
Year-on-year quarterly revenue growth declined by 0.3%, now sitting on 64.82M for the twelve trailing months.
Annual Top and Bottom Value
Franklin Financial Services Corporation stock was valued at $35.19 as of 13:23 EST. This is below its 52 week high of $36.55 but well above its low 52-week of $28.05.