(VIANEWS) - Nustar Energy L.P. (NS), Cohen & Steers Infrastructure Fund (UTF), Newtek Business Services Corp. (NEWT) 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. Nustar Energy L.P. (NS)
432.43% Payout Ratio
NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia. The Storage segment owns terminal and storage facilities, which offer storage, handling, and other services for petroleum products, crude oil, specialty chemicals, and other liquids. This segment also provides pilotage, tug assistance, line handling, launch, emergency response, and other ship services. The Fuels Marketing segment is involved in bunkering operations in the Gulf Coast; blending operations; and purchase of petroleum products for resale. As of December 31, 2019, the company had 3,205 miles of refined product pipelines and 2,155 miles of crude oil pipelines in Texas, Oklahoma, Kansas, Colorado, and New Mexico; a 2,150-mile refined product pipeline originating in southern Kansas and terminating at Jamestown, North Dakota; a 450-mile refined product pipeline originating at Marathon Petroleum Corporation's Mandan, North Dakota refinery and terminating in Minneapolis, Minnesota; 2,000 miles of anhydrous ammonia pipelines; and 40 terminal and storage facilities, which offer approximately 61.3 million barrels of storage capacity. NuStar Energy L.P. was founded in 1999 and is headquartered in San Antonio, Texas.
Earnings Per Share
As for profitability, Nustar Energy L.P. has a trailing twelve months EPS of $0.37.
PE Ratio
Nustar Energy L.P. has a trailing twelve months price to earnings ratio of 46.32. Meaning, the purchaser of the share is investing $46.32 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 11.97%.Volume
The Nustar Energy L.P.'s current reported volume is 187436, which is 61.83% less than its average volume (491122).
Earnings before Interest, Taxes and Depreciation
Nustar Energy L.P.'s EBITDA stands at 25.93
Revenue growth
The year-over-year growth in quarterly revenue was 0.2%. It now stands at 1.67B for twelve months.
Moving Average
Nustar Energy L.P.'s value is greater than its $50-day moving mean of $15.98, and much higher than the $200-day moving median of $15.27.2. Cohen & Steers Infrastructure Fund (UTF)
248% Payout Ratio
Cohen & Steers Infrastructure Fund, Inc., is a closed end equity fund that was launched by Cohen & Steers, Inc. Cohen & Steers Capital Management, Inc. manages the fund. The fund invests in the United States' public equity markets. It invests in infrastructure stocks, including value stocks. The fund uses fundamental analysis for its investment decisions. It benchmarks its portfolio performance against a composite index that includes 80% FTSE Global Core Infrastructure 50/50 net tax Index (FTSE 50/50), and 20% BofA Merrill Lynch Fixed Rate Preferred Securities Index. The fund was formerly called Cohen & Steers Select Utility Fund, Inc. Cohen & Steers Infrastructure Fund, Inc., was established on January 8, 2004, and is based in the United States.
Earnings per Share
Cohen & Steers Infrastructure Fund's trailing 12 months EPS is $-1.25.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 2.83%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 14, 2022, the estimated forward annual dividend rate is 1.86 and the estimated forward annual dividend yield is 7.99%.
Yearly Top and Bottom Value
Cohen & Steers Infrastructure Fund's stock is valued at $25.58 at 13:23 EST, way below its 52-week high of $29.49 and way higher than its 52-week low of $20.90.
Volume
The current reported volume for Cohen & Steers Infrastructure Fund was 138921, which is 4.35% lower than its average volume at 145253.
3. Newtek Business Services Corp. (NEWT)
132.41% Payout Ratio
Newtek Business Services Corp. provides financial and business consulting services for small- to medium-sized businesses in America. It also invests in businesses at the early stages of their development. It is open to equity and debt investments. It focuses on debt investments. First lien loans have terms from 1 to 25 year, second lien loans have terms between 5 and 25 years and unsecured loans are short-term financing that can be repaid in 6 to 12 month. The company operates via Electronic Payment Processing and Managed Technology Solutions segments, Small Business Finance, Capcos, as well as Managed Technology Solutions. It originates small-business administration loans to purchase commercial real estate, machinery and equipment. The company also offers consulting and servicing for small businesses to various financial institutions and the Federal Deposit Insurance Corporation. The company offers electronic payment processing services, including credit and debit card processing and check approval. It also provides ancillary processing software and equipment to merchants. It also offers Website hosting, cloud hosting and dedicated servers; web design and development; Internet market services; data storage, backup, and other related services. Ecommerce services include payment processing, website design, Web-related services and Accounts Receivable Financing. It also offers Newtek Advantage. This platform allows businesses to have access to data from any device, including a tablet, smartphone, laptop or computer. The company also sells insurance products for personal and commercial use. It offers payroll processing, tax filing and payroll management services. To provide small-business clients with agent services, the company has formed strategic alliances such as American International Group (CTAA), Navy Federal Credit Union, Credit Union National Association and Pershing. It is looking to make investments in the New York area and Louisiana. It is looking to invest between $0.3 million and $3 million in companies. The firm offers small-business terms loans from $0.05million to $10million. It also offers account receivable finance, with rates ranging between $0.05 million and $1.5 million. The firm also offers financing of $0.05 to $10 million for owner-occupied real estate companies whose net income must not exceed $2.5million in the past 2 years. Newtek Business Services Corp. was previously known as Newtek Business Services Inc.
Earnings per Share
Newtek Business Services Corp.'s trailing 12 months profit per share was $1.59
PE Ratio
Newtek Business Services Corp.'s trailing 12 months earnings to price ratio is 10.22. The purchaser of the shares is therefore investing $10.22 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 15.67%.4. Fastenal Company (FAST)
65.05% Payout Ratio
Fastenal Company and its subsidiaries are involved in wholesale distribution of industrial supplies throughout North America. Fastenal is a brand that offers industrial and construction products as well as fasteners. Its fastener product range includes threaded fasteners and bolts, nuts and screws as well as studs and studs. These are used for both manufacturing and construction as well as the repair and maintenance of machinery. Miscellaneous hardware and supplies are also offered by the company, which includes pins and machinery keys, concrete anchors and metal framing system, wire ropes and strut products as well as rivets and other accessories. It serves three markets: original equipment producers; maintenance, repairs, and operations; as well as the non-residential market for construction, which covers general, electric, plumbing and sheet metal contractors. The company also provides services to farmers, truckers and mining companies as well as schools and retailers. It distributes its products via a network that includes 3,209 retail locations as well as 15 distribution centres. Fastenal Company was established in 1967 in Winona (Minnesota).
Earnings per Share
Fastenal Company's trailing twelve-month EPS is $1.51.
PE Ratio
Fastenal Company's trailing 12 months earnings to price ratio is 30.97. The purchaser of the shares is spending $30.97 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 business, was 35.01%.Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on October 25, 2022. The forward dividend rate for the year is estimated at 1.24, and the forward dividend yield to be 2.66%.
Volume
Today's last reported volume for Fastenal Company is 5008150 which is 49.55% above its average volume of 3348710.
5. Packaging Corporation of America (PKG)
40.98% Payout Ratio
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication-based papers, such as cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Earnings per Share
Packaging Corporation of America's trailing 12 months EPS of $18.98 is a good indicator of profitability.
PE Ratio
Packaging Corporation of America's trailing 12 months earnings to price ratio is 12.33. The purchaser of the shares is therefore investing $12.33 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 business, was 27.3%.Revenue growth
The year-over-year revenue growth was 6.3%. We now have 8.54B in the 12 trailing months.
Moving Average
Packaging Corporation of America's value is higher than its 50-day moving average of $130.61 and below its 200-day moving average of $138.20.Annual Top and Bottom Value
Packaging Corporation of America stock was valued at $135.40 as of 13:24 EST. This is way below its 52 week high of $168.50, and far above its 52 week low of $110.56.
Growth Estimates Quarters
For the current quarter, the company expects a decline of 19.2% and 10.3% respectively.6. Northern Trust (NTRS)
38.78% Payout Ratio
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
Earnings per Share
Northern Trust's trailing 12 months EPS is $5.61.
PE Ratio
Northern Trust's trailing 12-month price-earnings ratio is 15.89. The purchaser of the shares is therefore investing $15.89 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 13.84%.