(VIANEWS) - Golden Ocean Group Limited (GOGL), North European Oil Royality Trust (NRT), BlackRock Build America Bond Trust (BBN) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up to now. 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. Golden Ocean Group Limited (GOGL)
95.64% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $2.98.
PE Ratio
Golden Ocean Group Limited has a trailing twelve months price to earnings ratio of 2.81. Meaning, the purchaser of the share is investing $2.81 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 31.3%.Revenue Growth
Year-on-year quarterly revenue growth declined by 27.4%, now sitting on 1.24B for the twelve trailing months.
2. North European Oil Royality Trust (NRT)
73.6% Payout Ratio
North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. It has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. The company holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust is based in Keene, New Hampshire.
Earnings per Share
North European Oil Royality Trust's trailing 12 months EPS is $1.25.
PE Ratio
North European Oil Royality Trust's trailing 12-month price-to-earnings ratio is 9.93. The purchaser of the shares is therefore investing $9.93 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 company, was 5530.04%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 16, 2022, the estimated forward annual dividend rate is 1.83 and the estimated forward annual dividend yield is 15.06%.
Annual Top and Bottom Value
At 19:23 EST North European Oil Royality Trust stock was valued at $12.41, which is less than its 52 week high of $20.72 but much higher than its low 52-week of $9.78.
3. BlackRock Build America Bond Trust (BBN)
72.48% Payout Ratio
BlackRock Taxable Municipal Bond Trust, a closed-ended mutual fund that provides fixed income, was launched by BlackRock, Inc. BlackRock Advisors, LLC manages the fund. It invests in fixed income markets across the United States. The fund invests mainly in tax-exempt municipal securities such as Build America Bonds. It also invests tax-exempt securities and U.S. Treasury securities. The obligations of the U.S. Government, its agencies, instrumentalities and corporate bonds are all included in this fund. The fund was previously known as BlackRock Build America Bond Trust. BlackRock Taxable Municipal Bond Trust, which was established on August 27, 2010, is based in the United States.
Earnings per Share
BlackRock Build America Bond Trust's trailing 12-month EPS is $1.93.
PE Ratio
BlackRock Build America Bond Trust's trailing 12-month price-to-earnings ratio is 9.08. The purchaser of the shares is thus investing $9.08 per dollar in annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 1.23 and the estimated forward annual dividend yield is 7.05%.
Volume
The BlackRock Build America Bond Trust's latest reported volume is 155092, which is 40.09% lower than its usual volume of 258881.
4. Ingredion Incorporated (INGR)
40.18% Payout Ratio
Ingredion Incorporated and its affiliates produce and sell sweeteners and starches for various industries. The company operates in four regions: North America, South America, Asia Pacific, Europe, Middle East and Africa. It offers sweetener products that include glucose syrups and high-maltose syrups as well as high fructose and corn syrups. The company also offers animal feed products, edible corn oil, refined corn oil for packers of cooking oils and producers of shortenings, mayonnaise and margarine; as well as corn gluten feed that is used to provide protein feed to chickens and pet food. Products of the company are made primarily by processing corn and starch-based material, like tapioca and potato. The company serves the food, beverage and paper, corrugating, pharmaceutical, textile and personal care markets as well as animal feed markets. Ingredion Incorporated was founded in June 2012 as Corn Products International, Inc. Ingredion Incorporated is an Illinois-based company that was established in 1906.
Earnings Per Share
As for profitability, Ingredion Incorporated has a trailing twelve months EPS of $6.62.
PE Ratio
Ingredion Incorporated has a trailing twelve months price to earnings ratio of 15.01. Meaning, the purchaser of the share is investing $15.01 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 14.43%.Revenue Growth
Year-on-year quarterly revenue growth grew by 14.7%, now sitting on 7.71B for the twelve trailing months.
Volume
The current Ingredion Incorporated volume is 13570. This is 95.67% less than its average volume (313943).
5. Information Services Group (III)
38.24% Payout Ratio
Information Services Group, Inc., together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services. It supports private and public sector organizations to transform and optimize their operational environments. The company also provides ISG Digital, a client solution platform that helps clients developing technology, transformation, sourcing, and digital solutions; and ISG Enterprise, a client solution platform that helps clients manage change and optimize operations in areas comprising finance, human resource, and Procure2Pay. In addition, it offers ISG GovernX, a software platform, which provides insights from market and performance data, and automates the management of third-party supplier relationships that comprise contract and project lifecycles, and risk management. The company serves private sector clients operating in the manufacturing, banking and financial services, insurance, health sciences, energy and utilities, and consumer services industries; and public sector clients, including state and local governments, airport and transit authorities, and national and provincial government units. Information Services Group, Inc. was founded in 2006 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Information Services Group has a trailing twelve months EPS of $0.26.
PE Ratio
Information Services Group has a trailing twelve months price to earnings ratio of 17.69. Meaning, the purchaser of the share is investing $17.69 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 18.72%.6. NBT Bancorp (NBTB)
32.29% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings per Share
NBT Bancorp's trailing twelve-month EPS is $3.53.
PE Ratio
NBT Bancorp's trailing 12-month price-to-earnings ratio is 12.3. The purchaser of the shares is therefore investing $12.3 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 12.78%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.76%.