(VIANEWS) – Ares Management L.P. (ARES), Altria Group (MO), Essex Property Trust (ESS) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio so far. 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. Ares Management L.P. (ARES)
232.14% Payout Ratio
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $1.12.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 82.07. Meaning, the purchaser of the share is investing $82.07 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 10.81%.
Yearly Top and Bottom Value
Ares Management L.P.’s stock is valued at $91.92 at 02:23 EST, under its 52-week high of $95.42 and way higher than its 52-week low of $55.45.
Moving Average
Ares Management L.P.’s value is higher than its 50-day moving average of $86.30 and way above its 200-day moving average of $78.15.
2. Altria Group (MO)
119.61% Payout Ratio
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. The company was founded in 1822 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Altria Group has a trailing twelve months EPS of $3.11.
PE Ratio
Altria Group has a trailing twelve months price to earnings ratio of 13.97. Meaning, the purchaser of the share is investing $13.97 for every dollar of annual earnings.
Moving Average
Altria Group’s value is below its 50-day moving average of $45.44 and under its 200-day moving average of $45.29.
3. Essex Property Trust (ESS)
118.33% Payout Ratio
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Earnings Per Share
As for profitability, Essex Property Trust has a trailing twelve months EPS of $7.54.
PE Ratio
Essex Property Trust has a trailing twelve months price to earnings ratio of 29.41. Meaning, the purchaser of the share is investing $29.41 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 8.6%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 9.24 and the estimated forward annual dividend yield is 4.11%.
Moving Average
Essex Property Trust’s value is higher than its 50-day moving average of $218.54 and under its 200-day moving average of $222.30.
4. Starbucks (SBUX)
66.23% Payout Ratio
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. Starbucks Corporation has company-operated and licensed stores in North America and internationally. The company was founded in 1971 and is based in Seattle, Washington.
Earnings Per Share
As for profitability, Starbucks has a trailing twelve months EPS of $3.08.
PE Ratio
Starbucks has a trailing twelve months price to earnings ratio of 31.99. Meaning, the purchaser of the share is investing $31.99 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 2.12 and the estimated forward annual dividend yield is 2.16%.
Sales Growth
Starbucks’s sales growth is 14.3% for the ongoing quarter and 11.7% for the next.
5. Israel Chemicals Limited Ordinary Shares (ICL)
65.14% Payout Ratio
ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment extracts potash from the Dead Sea; mines and produces potash and salt; produces Polysulphate; produces, markets, and sells magnesium and magnesium alloys, as well as related by-products, including chlorine and sylvinite; and sells salt. The Phosphate Solutions segment uses phosphate commodity products to produce specialty products; produces and markets phosphate-based fertilizers, as well as sulphuric acid, green phosphoric acid, and phosphate fertilizers; and manufactures thermal phosphoric acid for various industrial end markets, such as oral care, cleaning products, paints and coatings, water treatment, asphalt modification, construction, and metal treatment. It also develops and produces functional food ingredients and phosphate additives for use in the processed meat, poultry, seafood, dairy, beverage, and baked goods markets; and produces milk and whey proteins for the food ingredients industry. The IAS segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water soluble specialty, liquid, soluble, and controlled-release fertilizers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. The company was founded in 1968 and is headquartered in Tel Aviv, Israel.
Earnings Per Share
As for profitability, Israel Chemicals Limited Ordinary Shares has a trailing twelve months EPS of $1.4.
PE Ratio
Israel Chemicals Limited Ordinary Shares has a trailing twelve months price to earnings ratio of 4.09. Meaning, the purchaser of the share is investing $4.09 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 33.1%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 7.91%.
6. Chesapeake Utilities Corporation (CPK)
42.77% Payout Ratio
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.84.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 24.86. Meaning, the purchaser of the share is investing $24.86 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 10.72%.
Sales Growth
Chesapeake Utilities Corporation’s sales growth is 13.5% for the current quarter and 12.3% for the next.
Volume
Today’s last reported volume for Chesapeake Utilities Corporation is 156874 which is 104.94% above its average volume of 76545.
Yearly Top and Bottom Value
Chesapeake Utilities Corporation’s stock is valued at $120.31 at 02:23 EST, way under its 52-week high of $138.49 and way higher than its 52-week low of $105.79.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 27.8%, respectively.
