(VIANEWS) - Plains All American Pipeline, L.P. (PAA), Consolidated Edison (ED), WD-40 Company (WDFC) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio at the moment. 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 distribute them.
When investigating 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. Plains All American Pipeline, L.P. (PAA)
92.38% Payout Ratio
Plains All American Pipeline L.P. and its subsidiaries engage in transportation, storage and terminalling of natural gas liquids (NGL) and crude oil in the United States. It operates in three main segments, Transportation, Facilities, and Supply and Logistics. Transport is responsible for transporting crude oil and NGL via pipelines, trucks and barges, as well as gathering systems and trucks. This segment owned or leased 18,535 mile of NGL and crude oil pipelines and gathering system; 35,000,000 barrels of above-ground and active tank capacities; 825 trailers, 50 transport and storage barsges; and 20 transport tugs as of December 31, 2019. Facilities provides terminalling and storage services, as well as NGL fractionation, isomerization and natural gas processing. This segment had approximately 79,000,000 barrels of crude oil storage capacity, 34 million barrels NGL storage capacity, 63 billion cubic yards of natural gas storage work capacity and 25 billion cubic foot of base gas. It also owns and operates seven natural gas processing facilities and a condensate facility. Eight fractionation plants are available. There are 30 crude oil rail terminals and six marine facilities. The segment has approximately 430 miles worth of active pipelines. Supply and Logistics purchases crude oil from the wellhead, pipeline and terminal; buys NGL from processors and marketers; extracts NGL and resells/exchanges crude oil and NGL; and transports oil and NGL by trucks, railcars and pipelines. The segment had 16 million barrels and NGL oil linefill, 4 million barrels and NGL crude oil linefill, 760 trucks and trailers and 8,000 crude and NGL railroadcars. Houston is the headquarters of this company, which was established in 1998.
Earnings Per Share
As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $0.82.
PE Ratio
Plains All American Pipeline, L.P. has a trailing twelve months price to earnings ratio of 14.23. Meaning, the purchaser of the share is investing $14.23 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 8.15%.Moving Average
Plains All American Pipeline, L.P.'s value is above its 50-day moving average of $11.51 and above its 200-day moving average of $10.93.2. Consolidated Edison (ED)
71.94% Payout Ratio
Consolidated Edison, Inc., via its subsidiaries, is involved in the regulation of electric, gas, steam delivery business in the United States. The company offers electric service to approximately 3 million people in New York City, Westchester County, and parts of Queens. It also provides gas services to about 1.1 million Manhattan and Westchester County customers. Steam is available to around 1,555 Manhattan customers. It also provides electricity to about 0.3 million customers in New York's southeastern New York, and parts of New Jersey. The company also offers gas to approximately 0.01 million customers in the southeastern New York. It also operates 533 miles of transmission line; 15 substations, 64 distribution substations, 87.564 in-service transformers, 3,924 poles of overhead distribution lines and 2,291 mile of underground lines. There are also 4,350 miles and 377.971 lines that serve natural gas distribution. The company also owns and operates energy infrastructure projects and offers energy-related products to retail and wholesale customers. It also invests in gas and electric transmission projects. The company sells electricity to residential, industrial, commercial and government customers. It was established in New York in 1823.
Earnings Per Share
As for profitability, Consolidated Edison has a trailing twelve months EPS of $3.28.
PE Ratio
Consolidated Edison has a trailing twelve months price to earnings ratio of 25.95. Meaning, the purchaser of the share is investing $25.95 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 6.65%.Sales Growth
Consolidated Edison's sales growth is 4.8% for the current quarter and 3% for the next.
Yearly Top and Bottom Value
Consolidated Edison's stock is valued at $85.10 at 02:23 EST, way below its 52-week high of $102.21 and way above its 52-week low of $72.05.
Volume
Today's last reported volume for Consolidated Edison is 1190190 which is 25.39% below its average volume of 1595220.
3. WD-40 Company (WDFC)
67.72% Payout Ratio
The WD-40 Company is a manufacturer and distributor of maintenance and cleaning products. It has operations in North America, Europe, Asia-Pacific, Africa, Europe, Middle East and Africa. The company sells multi-purpose products such as aerosol sprays and non-aerosol triggers sprays. It also offers liquid-bulk products under WD-40 Multi Use brand for various industrial uses. Specialty maintenance products include penetrants and degreasers as well as greases and lubricants under the WD-40 specialist brand. The company also offers multi-purpose oils and spray lubricants, along with specialty products under the brand 3-IN-ONE. Professional spray maintenance products as well as lubricants and lubricants to the bicycle market are available under the GT85 name. The company also offers automated toilet bowl cleaners with the 2000 Flushes name, aerosol and liquid trigger carpet stain/odor eliminators under Spot Shot brands, room and rug cleaners under Carpet Fresh, heavy-duty hand cleaners in the USA under Lava, in Australia, and under Solvol in Australia. The company sells products through warehouse clubs, hardware shops, auto parts outlets, industrial distributors, suppliers, industrial distributors, wholesalers, home centers, value retailers and online retailers. WD-40 Company is a California-based company that was established in 1953.
Earnings Per Share
As for profitability, WD-40 Company has a trailing twelve months EPS of $4.43.
PE Ratio
WD-40 Company has a trailing twelve months price to earnings ratio of 39.86. Meaning, the purchaser of the share is investing $39.86 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 30.64%.Earnings Before Interest, Taxes, Depreciation, and Amortization
WD-40 Company's EBITDA is 126.24.
Sales Growth
WD-40 Company's sales growth for the current quarter is 13.8%.
4. CNA Financial Corporation (CNA)
40.84% Payout Ratio
CNA Financial Corporation offers casualty and commercial property insurance products, primarily in the United States. The company operates in Specialty, Commercial, International, Life & Group, Corporate & Other, and Specialty, Commercial, International, Life & Group segments. It offers professional liability and risk management services for various professionals, such as architects and real estate agents as well as accounting and law firms. The company also offers property insurance, including property, marine and boiler coverages, as well as casualty insurance products that include workers' compensation, general liability, product liability, commercial automobile, and umbrella coverages. It also has specialized insurance programs for loss-sensitive individuals and risk management services. The company also offers long-tail coverages that include commercial auto liability, workers comp, general and medical professionals liability, and other professional, management, liability. It also provides assumed reinsurance run off and products liability. Short-tail exposures such as property and commercial automobile physical damages, marine, surety and warranty are available. The company markets its products via independent agents, brokers and general underwriters for small, medium and large companies, insurance companies, associations, professionals, as well as other groups working in the maritime, oil and gas and construction, manufacturing and life science industries. Chicago is the headquarters of this company, which was established in 1853. CNA Financial Corporation is a Loews Corporation subsidiary.
Earnings Per Share
As for profitability, CNA Financial Corporation has a trailing twelve months EPS of $3.82.
PE Ratio
CNA Financial Corporation has a trailing twelve months price to earnings ratio of 10.18. Meaning, the purchaser of the share is investing $10.18 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 9.38%.Revenue Growth
Year-on-year quarterly revenue growth declined by 3.4%, now sitting on 11.82B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 11, 2022, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 4.17%.
Moving Average
CNA Financial Corporation's value is below its 50-day moving average of $39.28 and way below its 200-day moving average of $44.03.Yearly Top and Bottom Value
CNA Financial Corporation's stock is valued at $38.88 at 02:23 EST, way below its 52-week high of $50.33 and above its 52-week low of $35.90.
5. Norfolk Southern (NSC)
37.16% Payout Ratio
Norfolk Southern Corporation and its subsidiaries engage in rail transport of raw materials, intermediate goods, and final goods within the United States. It transports agricultural, forest and consumer goods including soybeans. The company also ships overseas cargo through several Gulf Coast ports. It provides passenger transport services by train and an intermodal network. The company had approximately 19,300 miles of route in 22 US states and District of Columbia as of December 31, 2021. Norfolk Southern Corporation was established in 1980. It is located in Atlanta, Georgia.
Earnings Per Share
As for profitability, Norfolk Southern has a trailing twelve months EPS of $9.03.
PE Ratio
Norfolk Southern has a trailing twelve months price to earnings ratio of 23.12. Meaning, the purchaser of the share is investing $23.12 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 22.1%.Revenue Growth
Year-on-year quarterly revenue growth grew by 16.1%, now sitting on 11.87B for the twelve trailing months.
Sales Growth
Norfolk Southern's sales growth is 13.7% for the ongoing quarter and 12.1% for the next.
Volume
Today's last reported volume for Norfolk Southern is 3052390 which is 143.55% above its average volume of 1253250.