(VIANEWS) – Southern Company (SO), NiSource (NI), CB Financial Services (CBFV) 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 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. Southern Company (SO)
88.31% Payout Ratio
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Southern Company has a trailing twelve months EPS of $3.08.
PE Ratio
Southern Company has a trailing twelve months price to earnings ratio of 22.5. Meaning, the purchaser of the share is investing $22.5 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 9.57%.
Previous days news about Southern Company (SO)
- According to Zacks on Friday, 26 May, "Notably, among such companies is Southern Company which belongs to the electric power industry. "
2. NiSource (NI)
64.97% Payout Ratio
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. The company operates in two segments, Gas Distribution Operations and Electric Operations. It provides natural gas service and transportation for residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and wholesale and transmission transaction services. The company owns and operates 2 coal-fired electric generating stations with a capacity of 2,080 megawatts (MW); combined cycle gas turbine with a capacity of 571 MW; 3 gas-fired generating units with a capacity of 186 MW; and 2 hydroelectric generating plants with a capacity of 16 MW. It serves approximately 3.5 million natural gas customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts; and 472,000 electricity customers in the northern part of Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.
Earnings Per Share
As for profitability, NiSource has a trailing twelve months EPS of $1.47.
PE Ratio
NiSource has a trailing twelve months price to earnings ratio of 18.61. Meaning, the purchaser of the share is investing $18.61 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 8.99%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 3.65%.
Previous days news about NiSource (NI)
- According to Zacks on Thursday, 25 May, "Investors should now buy low-beta, dividend-paying stocks like Kraft Heinz Company (KHC Quick QuoteKHC – Free Report) , Conagra Brands (CAG Quick QuoteCAG – Free Report) , and NiSource (NI Quick QuoteNI – Free Report) that remain unperturbed by gyrations in the market, thanks to their solid business models. "
- According to Zacks on Friday, 26 May, "A few other top-ranked stocks in the Zacks utility sector are Global Water Resources, Inc. (GWRS Quick QuoteGWRS – Free Report) , IDACORP, Inc (IDA Quick QuoteIDA – Free Report) and NiSource Inc. (NI Quick QuoteNI – Free Report) , each holding a Zacks Rank #2 at present. "
3. CB Financial Services (CBFV)
40.25% Payout Ratio
CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products. Its loan products comprise residential real estate loans, such as one- to four-family mortgage loans, home equity installment loans, and home equity lines of credit; commercial real estate loans that are secured primarily by improved properties, such as retail facilities, office buildings, and other non-residential buildings; construction loans to individuals to finance the construction of residential dwellings, as well as for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses; commercial and industrial loans, and lines of credit; consumer loans consisting of indirect auto loans, secured and unsecured loans, and lines of credit; and other loans. In addition, the company conducts insurance agency activities by offering property and casualty, commercial liability, surety, and other insurance products. It operates through its main office and 13 branch offices in Greene, Allegheny, Washington, Fayette, and Westmoreland counties in southwestern Pennsylvania; Marshall and Ohio counties in West Virginia; and Belmont County in Ohio, as well as one loan production offices in Allegheny County. The company was founded in 1901 and is headquartered in Carmichaels, Pennsylvania.
Earnings Per Share
As for profitability, CB Financial Services has a trailing twelve months EPS of $2.41.
PE Ratio
CB Financial Services has a trailing twelve months price to earnings ratio of 7.89. Meaning, the purchaser of the share is investing $7.89 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 10.32%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 3250% and a drop 15.6% for the next.
Sales Growth
CB Financial Services’s sales growth is 15.3% for the present quarter and 3.3% for the next.
4. Arthur J. Gallagher & Co. (AJG)
38.66% Payout Ratio
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to businesses and organizations worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment also performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities, as well as underwriting enterprises. The company was founded in 1927 and is headquartered in Rolling Meadows, Illinois.
Earnings Per Share
As for profitability, Arthur J. Gallagher & Co. has a trailing twelve months EPS of $5.37.
PE Ratio
Arthur J. Gallagher & Co. has a trailing twelve months price to earnings ratio of 37.98. Meaning, the purchaser of the share is investing $37.98 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 12.31%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.3%, now sitting on 8.49B for the twelve trailing months.
Yearly Top and Bottom Value
Arthur J. Gallagher & Co.’s stock is valued at $203.97 at 08:23 EST, under its 52-week high of $219.23 and way above its 52-week low of $148.24.
Moving Average
Arthur J. Gallagher & Co.’s worth is higher than its 50-day moving average of $202.61 and higher than its 200-day moving average of $191.08.
