(VIANEWS) – Williams Companies (WMB), Astec Industries (ASTE), BlackRock Floating Rate Income Trust (BGT) are the highest payout ratio stocks on this list.
We have gathered 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. Williams Companies (WMB)
77.52% Payout Ratio
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 33,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 24 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Williams Companies has a trailing twelve months EPS of $2.28.
PE Ratio
Williams Companies has a trailing twelve months price to earnings ratio of 15.18. Meaning, the purchaser of the share is investing $15.18 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 20.67%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 14.5% and a negative 36.8%, respectively.
Moving Average
Williams Companies’s worth is below its 50-day moving average of $35.32 and above its 200-day moving average of $33.24.
Yearly Top and Bottom Value
Williams Companies’s stock is valued at $34.62 at 13:23 EST, below its 52-week high of $37.45 and way above its 52-week low of $27.80.
2. Astec Industries (ASTE)
67.04% Payout Ratio
Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.
Earnings Per Share
As for profitability, Astec Industries has a trailing twelve months EPS of $0.78.
PE Ratio
Astec Industries has a trailing twelve months price to earnings ratio of 46. Meaning, the purchaser of the share is investing $46 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 2.77%.
Moving Average
Astec Industries’s worth is above its 50-day moving average of $34.22 and way under its 200-day moving average of $41.89.
Volume
Today’s last reported volume for Astec Industries is 89978 which is 47.43% below its average volume of 171181.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 1.35B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 8, 2023, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 1.45%.
3. BlackRock Floating Rate Income Trust (BGT)
64.19% Payout Ratio
BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Floating Rate Income Trust has a trailing twelve months EPS of $1.67.
PE Ratio
BlackRock Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.28. Meaning, the purchaser of the share is investing $7.28 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 13.47%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 10, 2024, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 10.91%.
Moving Average
BlackRock Floating Rate Income Trust’s worth is above its 50-day moving average of $12.07 and above its 200-day moving average of $11.75.
4. Old Point Financial Corporation (OPOF)
31.07% Payout Ratio
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. It also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, multi-family and second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. It operates 14 branches in the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia.
Earnings Per Share
As for profitability, Old Point Financial Corporation has a trailing twelve months EPS of $1.77.
PE Ratio
Old Point 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 7.52%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 4, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.12%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9.1%, now sitting on 59.54M for the twelve trailing months.
Volume
Today’s last reported volume for Old Point Financial Corporation is 2068 which is 20.3% below its average volume of 2595.
Yearly Top and Bottom Value
Old Point Financial Corporation’s stock is valued at $18.02 at 13:23 EST, way below its 52-week high of $28.72 and way above its 52-week low of $14.00.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.
