(VIANEWS) - National Oilwell Varco (NOV), Ennis (EBF), Allete (ALE) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to now. 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 distribute them.
When investigating 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. National Oilwell Varco (NOV)
1000% Payout Ratio
National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The company offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; equipment components for offshore wind construction vessels; mooring, anchor, and deck handling machinery; and pipelay and construction systems. The company offers spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. National Oilwell Varco, Inc. was founded in 1862 and is based in Houston, Texas.
Earnings Per Share
As for profitability, National Oilwell Varco has a trailing twelve months EPS of $0.02.
PE Ratio
National Oilwell Varco has a trailing twelve months price to earnings ratio of 1161. Meaning, the purchaser of the share is investing $1161 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 0.26%.Revenue Growth
Year-on-year quarterly revenue growth grew by 40.9%, now sitting on 6.68B for the twelve trailing months.
Moving Average
National Oilwell Varco is worth more than its $50-day moving mean of $18.51 or its $200-day moving mean of $18.14.2. Ennis (EBF)
78.13% Payout Ratio
Ennis, Inc. manufactures and sells business forms in the United States. Snap sets, continuous forms and laser-cut sheets are all available. The company also offers point-of-purchase advertising to large fast food franchises, as well kitting and fulfillment. It also sells presentation folders, document folders, and folders under the Admore and Folder Express brands. The company also offers customized printed labels and high-performance labels as well as custom and stock labels under Ennis Tag & Label and Atlas Tag & Label and Kay Toledo Tag brands. It also provides custom-imprinted envelopes for the Trade Envelopes and Block Graphics brands. They can also provide financial and security documents to the Northstar or General Financial Supply brand. Independent distributors distribute business forms and products. Formerly known as Ennis Business Forms, Inc. Ennis, Inc. was established in 1909, and has its headquarters in Midlothian, Texas.
Earnings per Share
Ennis' trailing 12-month EPS is $0.93.
PE Ratio
Ennis' trailing 12 months earnings to price ratio is 24.08. The purchaser of Ennis shares is thus investing $24.08 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 10.88%.3. Allete (ALE)
71.31% Payout Ratio
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $3.59.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 15.64. Meaning, the purchaser of the share is investing $15.64 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 4.52%.4. Auburn National Bancorporation (AUBN)
47.95% Payout Ratio
Auburn National Bancorporation, Inc. is the bank holding firm for AuburnBank, which provides various banking services and products in East Alabama. Deposit products offered by the company include transaction, saving, and checking deposit accounts. Certificates of deposit are also available. The company also offers commercial, financial and agricultural loan products, residential mortgage loans services, as well as other financial services. The company also offers safe deposit boxes, online banking and bill payment; automated teller services, debit cards, online banking and electronic billing. The company has seven branches that provide full service in Auburn, Opelika and Notasulga as well as an office for loan production in Phenix City. Auburn National Bancorporation, Inc., was established in 1907, and has its headquarters in Auburn, Alabama.
Earnings Per Share
As for profitability, Auburn National Bancorporation has a trailing twelve months EPS of $2.2.
PE Ratio
Auburn National Bancorporation has a trailing twelve months price to earnings ratio of 10.59. Meaning, the purchaser of the share is investing $10.59 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 29.34M for the twelve trailing months.
5. CRH PLC (CRH)
33.01% Payout Ratio
Through its subsidiaries, CRH plc manufactures and distributes construction materials. The company operates three divisions: Americas Materials and Europe Materials. It manufactures and sells cement, lime and aggregates as well as precast concrete and ready-mix concrete. Precast concrete, polymer-based products are also offered, including underground vaults and drainage pipes, structures and utility enclosures to the water and energy markets, transport, and building structure markets. It also sells construction accessories such as fixing and anchoring solutions and lifting systems. The company also offers network access products that include covers, passive safety system, retention sockets and sealants as well as paving and construction service. It also provides contract surfacing and building engineering services, as well as logistics support and railway infrastructure. The company serves contractors, sub-contractors, homeowners and homebuilders as well as governments. It operates in Ireland, the United Kingdom and other European countries. CRH plc was established in Dublin, Ireland in 1936.
Earnings per Share
CRH PLC's trailing 12 months EPS is $1.42.
PE Ratio
CRH PLC's trailing 12-month price-to-earnings ratio is 28.45. The purchaser of the shares is therefore investing $28.45 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 13.64%.Revenue growth
The year-on-year revenue growth was 13.9%. 32.81B is the current total for twelve trailing months.
Moving Average
CRH PLC's current value is much higher than the 50-day average moving price of $34.79, and even higher than that of its 200-day average moving price of $39.01.Volume
Today's last reported volume for CRH PLC is 1164020 which is 100.02% above its average volume of 581946.