Astec Industries And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Equity Lifestyle Properties (ELS), Permian Basin Royalty Trust (PBT), Dorian LPG Ltd. (LPG) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 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. Equity Lifestyle Properties (ELS)

112.09% Payout Ratio

We are a self-administered, self-managed real estate investment trust (“REIT”) with headquarters in Chicago. As of January 25, 2021, we own or have an interest in 423 quality properties in 33 states and British Columbia consisting of 161,229 sites.

Earnings Per Share

As for profitability, Equity Lifestyle Properties has a trailing twelve months EPS of $1.53.

PE Ratio

Equity Lifestyle Properties has a trailing twelve months price to earnings ratio of 43.47. Meaning, the purchaser of the share is investing $43.47 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 19.81%.

Yearly Top and Bottom Value

Equity Lifestyle Properties’s stock is valued at $66.51 at 14:23 EST, way under its 52-week high of $74.40 and way higher than its 52-week low of $56.91.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 13.9% and 7.7%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Equity Lifestyle Properties’s EBITDA is 10.96.

Moving Average

Equity Lifestyle Properties’s worth is below its 50-day moving average of $68.02 and under its 200-day moving average of $67.07.

2. Permian Basin Royalty Trust (PBT)

99.66% Payout Ratio

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Permian Basin Royalty Trust has a trailing twelve months EPS of $1.14.

PE Ratio

Permian Basin Royalty Trust has a trailing twelve months price to earnings ratio of 18.77. Meaning, the purchaser of the share is investing $18.77 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 20152.5%.

3. Dorian LPG Ltd. (LPG)

80.81% Payout Ratio

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of March 31, 2020, its fleet consisted of twenty-four VLGCs. The company was founded in 2013 and is headquartered in Stamford, Connecticut.

Earnings Per Share

As for profitability, Dorian LPG Ltd. has a trailing twelve months EPS of $4.95.

PE Ratio

Dorian LPG Ltd. has a trailing twelve months price to earnings ratio of 5.48. Meaning, the purchaser of the share is investing $5.48 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 23.04%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 8, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 15.5%.

Moving Average

Dorian LPG Ltd.’s value is above its 50-day moving average of $26.13 and way above its 200-day moving average of $22.22.

4. Argan (AGX)

50.25% Payout Ratio

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and steel pipe and vessel fabrication services for forest products, power, energy, large fertilizer, EPC, mining, and petrochemical companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structuring, cabling, terminations, and connectivity that offers the physical transport for high speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was founded in 1961 and is headquartered in Rockville, Maryland.

Earnings Per Share

As for profitability, Argan has a trailing twelve months EPS of $1.99.

PE Ratio

Argan has a trailing twelve months price to earnings ratio of 21.43. Meaning, the purchaser of the share is investing $21.43 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 10.11%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 146.7% and 44.6%, respectively.

Yearly Top and Bottom Value

Argan’s stock is valued at $42.65 at 14:23 EST, under its 52-week high of $45.27 and way higher than its 52-week low of $31.26.

5. Astec Industries (ASTE)

46.55% 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 $1.1.

PE Ratio

Astec Industries has a trailing twelve months price to earnings ratio of 45.02. Meaning, the purchaser of the share is investing $45.02 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 3.79%.

Previous days news about Astec Industries (ASTE)

  • Is astec industries (aste) outperforming other industrial products stocks this year?. According to Zacks on Thursday, 14 September, "Is Astec Industries (ASTE Quick QuoteASTE – Free Report) one of those stocks right now? ", "Looking more specifically, Astec Industries belongs to the Manufacturing – Construction and Mining industry, which includes 7 individual stocks and currently sits at #5 in the Zacks Industry Rank. "

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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.

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