(VIANEWS) - Companhia Paranaense de Energia (ELP), Pimco Corporate & Income Opportunity Fund (PTY), KKR & Co. (KKR) 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 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 engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. As of December 31, 2019, the company operated 19 hydroelectric plants, 25 wind plants, and one thermoelectric plant with a total installed capacity of 5,742.0 megawatts; and owned and operated 3,389 kilometers of transmission lines and 199,952.6 kilometers of distribution lines. It holds concessions to distribute electricity in 399 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. The company also provides telecommunication services to corporate clients, including supermarkets, universities, banks, internet service providers, and television networks, as well as to retail clients; and broadband internet access to public elementary and middle schools. In addition, it supplies piped gas to 47,238 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 833 kilometers in the State of Paraná. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.12.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 60.17. Meaning, the purchaser of the share is investing $60.17 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 4.26%.2. Pimco Corporate & Income Opportunity Fund (PTY)
161.04% Payout Ratio
PIMCO Corporate and Income Opportunity Fund, a closed-ended mutual fund that provides fixed income is managed by Allianz Global Investors Fund Management LLC. Pacific Investment Management Company LLC co-manages the fund. It invests in fixed-income markets around the world. The fund invests in corporate bonds rated as low investment grade BBB or Baa, and high non-investment grade categories Ba or BB. This fund invests in intermediate maturity bonds from multiple sectors and industries. The fund uses a top-down and fundamental approach in order to invest in fixed income. To make its investments, the fund relies on in-house research. PIMCO Corporate Opportunities Fund was established in December 2002. It is based in the United States.
Earnings Per Share
As for profitability, Pimco Corporate & Income Opportunity Fund has a trailing twelve months EPS of $0.58.
PE Ratio
Pimco Corporate & Income Opportunity Fund has a trailing twelve months price to earnings ratio of 22.62. Meaning, the purchaser of the share is investing $22.62 for every dollar of annual earnings.
3. KKR & Co. (KKR)
50.86% Payout Ratio
KKR & Co. Inc., a private equity firm specializing on direct and fund-of-fund investments. The firm specializes in management buyouts and leveraged buyouts. Credit special situations, growth equity. It is open to all industry investments, with a particular focus on security, semiconductors (iot), consumer electronics, internet of Things (iot), financial technology, network security architecture, design and operation, software and technology. It focuses its energy and infrastructure activities on upstream oil, gas, equipment, minerals, royalties, and other verticals. The firm invests in real estate. It seeks out private and public securities, including debt, property-level equity and special transactions, as well as businesses that have significant real estate holdings and other oil and gas properties. Asset services include transport, logistics and leisure/hospitality as well as support for utility and resource services, infrastructure-like and mission-critical services. The firm invests in chemicals, metals, mining, energy, natural resources, financial services, healthcare, industrials, media and communication, retail, and technology within America. The firm also invests in Europe's consumer and retail, energy, financial services and health care. It also owns investments in media and digital and telecom and technology. It invests in Asia's consumer products, energy and resources; financial service; healthcare; manufacturing; logistics; media & telecom; retail; property; and technology. The firm also invests in impact investments, which are focused on investing in businesses that have positive social and environmental impacts. It invests in residential projects of mid- to high quality. However, it can also invest in other projects in Mainland China by way of joint ventures or outright ownership. The firm invests worldwide with an emphasis on Australia, developing and emerging Asia, Middle East, Africa, Asia Pacific and Ireland. The firm's focus in Europe and the United States is on the acquisition of publicly traded large companies. The firm is looking to invest between $30 million and $717 million into companies that have enterprise values of $500 million to $2389 millions. It prefers to co-invest and invest in both debt and equity investments. The firm seeks to be a member of the board in portfolio companies, as well as controlling ownership or strategic minorities. It may purchase majority or minority equity shares, especially when it makes private equity investments in Asia. The typical holding period for the firm is five to seven year. Exits can be made through secondary offerings and initial public offerings. KKR & Co. Inc. is a New York-based firm that was established in 1976. It has additional offices in North America, Europe and Australia as well as in Asia.
Earnings per Share
KKR & Co.'s trailing 12 months EPS is $3.37.
PE Ratio
KKR & Co.'s trailing 12-month price-earnings ratio is 13.73. The purchaser of the shares is therefore investing $13.73 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is used to measure the profitability of a company relative to shareholders' equity, was 6.11%.Growth Estimates Quarters
For the current quarter, the company expects to grow by a mere 19% and 40.9% respectively.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 11, 2022, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 1.29%.
Sales Growth
KKR & Co.'s sales growth is 2.5% for the current quarter and negative 26.5% for the next.
Volume
The current volume reported by KKR & Co. was 2470140, which is 29.84% lower than its average volume (352990).
4. Morningstar (MORN)
50.53% Payout Ratio
Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker/dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Morningstar has a trailing twelve months EPS of $2.85.
PE Ratio
Morningstar has a trailing twelve months price to earnings ratio of 77.27. Meaning, the purchaser of the share is investing $77.27 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 9.65%.Moving Average
Morningstar's worth is below its 50-day moving average of $231.19 and below its 200-day moving average of $243.64.Volume
Morningstar's current volume is currently 71164, which is 25.14% lower than its average volume at 95069.
Previous days news about Morningstar (MORN)
- According to MarketWatch on Friday, 16 December, "Despite the outlandishness of the forecast, Morningstar calculates that hitting the target would have required an annualized gain of roughly 7.35% over the 45 years. ", "As of Dec. 1, Morningstar calculates that hitting 116,200 in the fall of 2040 will take a 7.07% annualized gain, which feels like a safe bet."
5. Corning Incorporated (GLW)
48.84% Payout Ratio
Corning Incorporated is involved in the development of display technology, optical communication, environmental technologies and specialty materials. It also has life science businesses around the world. Corning Incorporated's Display Technologies division offers glass substrates to liquid crystal displays, organic light-emitting devices, and desktop monitors. It also makes handheld devices such as televisions and tablets. The company's Optical Communication segment offers optical fibers and cables, as well as hardware and equipment products such cable assemblies, fiber optic hardware, connectors, optical components, couplers, closures and network interface devices and other accessories. The segment offers products to individuals, businesses and governments. The Specialty Materials segment produces products for the glass industry. These include glass ceramics and crystals as well as software and precision metrology instruments. The segment is used in a variety of industries including consumer electronics, aerospace and defense optics, radiation shielding, sunglasses and telecoms components. Environmental Technologies offers filter products and ceramic substrates for controlling emissions in gasoline and diesel mobile and stationary applications. Life Sciences offers lab products that include consumables such as liquid handling plastics and specialty surfaces. It also sells general laboratoryware under the Corning Falcon Pyrex and Axygen brand names. Corning Glass Works was the company's former name. In April 1989, Corning Incorporated took over that title. Corning Incorporated is located in Corning in New York.
Earnings Per Share
As for profitability, Corning Incorporated has a trailing twelve months EPS of $1.41.
PE Ratio
Corning Incorporated has a trailing twelve months price to earnings ratio of 22.84. Meaning, the purchaser of the share is investing $22.84 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 15.73%.