(VIANEWS) - Enbridge (ENB), Rollins (ROL), Valley National Bancorp (VLY) 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 guarantee 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. Enbridge (ENB)
140.66% Payout Ratio
Enbridge Inc. is an energy infrastructure company. Enbridge Inc. operates in five different segments. These include Liquids Pipelines (Gas Transmission and Midstream), Gas Distribution and Storage (Renewable Power Generation), and Energy Services. The Liquids Pipelines section operates pipelines, and associated terminals that transport different grades of crude oil in Canada and the United States. Gas Transmission and Midstream invests in natural-gas pipelines and facilities for gathering and processing in Canada and the United States. Gas Distribution and Storage is responsible for natural gas utilities serving residential, industrial, and commercial customers in Ontario. It also participates in natural gas distribution and transportation activities in Quebec. Renewable Power Generation operates power generation assets such as wind and solar energy, geothermal, waste heat recovery, and transmission equipment in North America, Europe, and North America. Energy Services provides services for producers and refiners as well as logistical and physical commodity marketing in Canada and the United States. This company used to be known as IPL Energy Inc. before it was changed to Enbridge Inc. on October 1998. Enbridge Inc. was established in Calgary, Canada in 1949.
Earnings Per Share
As for profitability, Enbridge has a trailing twelve months EPS of $1.2.
PE Ratio
Enbridge has a trailing twelve months price to earnings ratio of 32.85. Meaning, the purchaser of the share is investing $32.85 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 8.41%.2. Rollins (ROL)
56.72% Payout Ratio
Rollins, Inc., via its subsidiaries, offers pest and wildlife management services to commercial and residential customers throughout the United States as well as internationally. It provides pest control services for residential properties to protect them from rodents and other common pests. The company also offers workplace pest control services to customers in a variety of markets such as logistics, healthcare and foodservice. The company also offers termite protection in traditional and baiting forms, along with ancillary services. The company serves both clients direct and through franchisees. Rollins, Inc., was founded in 1948. It is located in Atlanta, Georgia.
Earnings Per Share
As for profitability, Rollins has a trailing twelve months EPS of $0.63.
PE Ratio
Rollins has a trailing twelve months price to earnings ratio of 58.87. Meaning, the purchaser of the share is investing $58.87 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 30.09%.Revenue growth
The year-over-year growth in quarterly revenue was 12.2%. We now have 2.63B dollars for the 12 trailing months.
3. Valley National Bancorp (VLY)
41.9% Payout Ratio
Valley National Bancorp is the holding company of Valley National Bank, which provides financial services in the areas of commercial, retail and insurance. It operates in three segments: Consumer Lending and Commercial Lending. Investment Management is another segment. The company's deposit products are non-interest bearing and include savings, NOW, money market accounts, certificates of deposit, and other savings. It offers a variety of loan products, including residential mortgage loans and automobile loans. Secured personal lines are also available. There is an adjustable and floating rate for commercial and industrial loans. Fixed rate loans can be fixed or owner-occupied. The company also holds interest-bearing and securities deposits. It offers international banking services such as standing letters of credit, documentary letter of credit and related products. The company also offers asset management advisory and trust services as well as asset-based lending support. It provides property, casualty and life, health and title insurance agency services. Health care equipment lending is available as well as other services related to real estate investments. It also offers safe deposit services, as well as automated teller machines, phone and Internet banking and remote deposit capturing. There are 238 branches across New Jersey, New York and Florida. Valley National Bancorp, which was established in New York in 1927, is located in New York.
Earnings Per Share
As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.05.
PE Ratio
Valley National Bancorp has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing $10.93 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 9.13%.Growth Estimates Quarters
For the next quarter, the company expects to grow by 28.6% and 28.6% respectively.Moving Average
Valley National Bancorp is worth less than its $50-day moving mean of $11.89, and lower than its $200-day moving mean of $11.86.Revenue growth
The year-on-year revenue growth was 49.9%. It now stands at 1.62B in the 12 trailing months.
4. Monolithic Power Systems (MPWR)
38.79% Payout Ratio
Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment. It also offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.
Earnings Per Share
As for profitability, Monolithic Power Systems has a trailing twelve months EPS of $3.5.
PE Ratio
Monolithic Power Systems has a trailing twelve months price to earnings ratio of 99.48. Meaning, the purchaser of the share is investing $99.48 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 26.74%.Yearly Top and Bottom Value
Monolithic Power Systems's stock is valued at $348.17 at 07:23 EST, way below its 52-week high of $541.39 and way higher than its 52-week low of $301.69.
5. H&E Equipment Services (HEES)
38.6% Payout Ratio
H&E Equipment Services, Inc. is an equipment service company. It operates five divisions: Equipment Rentals; Used Equipment Sales; New Equipment Sales; Parts Sales and Repair and Maintenance Services. Equipment Rentals provides industrial and construction equipment to rent daily, weekly and monthly through an approximately 42,725 piece equipment fleet. Used Equipment Sales sells equipment through a retail sales team primarily using its rental fleet. It also acquires inventoried equipment from customers who trade in. New Equipment Sales sells construction equipment via a dedicated in-house sales team. The parts sales segment offers rental equipment and sells spare parts to customers. Repair and Maintenance Services serves both equipment-owned customers and its rental fleet. It also offers preventative maintenance services for industrial customers. Auxiliary equipment support services include transportation, hauling and parts shipping. Its fleet includes cranes, aerial work platforms, material handling and earthmoving equipment. The company serves industrial and commercial businesses, as well as manufacturers, municipalities, maintenance contractors, government utilities, contractors, and other industrial customers. The company has 102 service centers in five regions: the Pacific Northwest and West Coast, Intermountains, Southwest, Gulf Coast, Southeast, Mid-Atlantic, and the Southwest. H&E Equipment Services, Inc. is located in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, H&E Equipment Services has a trailing twelve months EPS of $2.85.
PE Ratio
H&E Equipment Services has a trailing twelve months price to earnings ratio of 16.21. Meaning, the purchaser of the share is investing $16.21 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 33.79%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 72.4% and 57.8%, respectively.6. Snap (SNA)
34.42% Payout Ratio
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin.
Earnings per Share
Snap's trailing 12 months profit per share is $12.45
PE Ratio
Snap's trailing 12-month price-earnings ratio is 18.26. The purchaser of the shares is therefore investing $18.26 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 21.85%.Moving Average
Snap's worth is above its 50-day moving average of $226.90 and above its 200-day moving average of $216.78.Volume
Today's last reported volume for Snap is 71490 which is 76.61% below its average volume of 305771.
Yearly Top and Bottom Value
Snap's stock is valued at $227.41 at 07:23 EST, below its 52-week high of $245.56 and way higher than its 52-week low of $190.08.
Revenue growth
The year-on-year revenue growth was 5.8%. It now stands at 4.79B in the 12 trailing months.