(VIANEWS) – Pinnacle West Capital Corporation (PNW), Kinross Gold (KGC), Avery Dennison Corporation (AVY) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio so far. The payout ratio in itself isn’t a promise 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. Pinnacle West Capital Corporation (PNW)
82.58% Payout Ratio
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.19.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 16.25. Meaning, the purchaser of the share is investing $16.25 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 7.7%.
2. Kinross Gold (KGC)
63.16% Payout Ratio
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Kinross Gold has a trailing twelve months EPS of $0.19.
PE Ratio
Kinross Gold has a trailing twelve months price to earnings ratio of 26.24. Meaning, the purchaser of the share is investing $26.24 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 3.93%.
Yearly Top and Bottom Value
Kinross Gold’s stock is valued at $4.99 at 07:23 EST, way below its 52-week high of $6.34 and way higher than its 52-week low of $3.40.
Previous days news about Kinross Gold (KGC)
- According to Zacks on Tuesday, 13 February, "Investors are always looking for stocks that are poised to beat at earnings season and Kinross Gold Corporation (KGC Quick QuoteKGC – Free Report) may be one such company. "
3. Avery Dennison Corporation (AVY)
51.29% Payout Ratio
Avery Dennison Corporation operates as materials science and digital identification solutions company. It provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and various converted products and solutions. The company designs and manufactures a range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers' product performance. It serves an array of industries, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive worldwide. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.
Earnings Per Share
As for profitability, Avery Dennison Corporation has a trailing twelve months EPS of $6.2.
PE Ratio
Avery Dennison Corporation has a trailing twelve months price to earnings ratio of 33.2. Meaning, the purchaser of the share is investing $33.2 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 24.18%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 5, 2024, the estimated forward annual dividend rate is 3.24 and the estimated forward annual dividend yield is 1.58%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 26.5% and 18.8%, respectively.
Volume
Today’s last reported volume for Avery Dennison Corporation is 190994 which is 56.77% below its average volume of 441840.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Avery Dennison Corporation’s EBITDA is 62.09.
4. VALE (VALE)
37.71% Payout Ratio
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
Earnings Per Share
As for profitability, VALE has a trailing twelve months EPS of $2.1.
PE Ratio
VALE has a trailing twelve months price to earnings ratio of 6.31. Meaning, the purchaser of the share is investing $6.31 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 24.98%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.2%, now sitting on 206.3B for the twelve trailing months.
5. First BanCorp. New (FBP)
32.75% Payout Ratio
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.
Earnings Per Share
As for profitability, First BanCorp. New has a trailing twelve months EPS of $1.71.
PE Ratio
First BanCorp. New has a trailing twelve months price to earnings ratio of 9.86. Meaning, the purchaser of the share is investing $9.86 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 21.46%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.6%, now sitting on 868.86M for the twelve trailing months.
Yearly Top and Bottom Value
First BanCorp. New’s stock is valued at $16.86 at 07:23 EST, below its 52-week high of $17.45 and way higher than its 52-week low of $10.18.
Moving Average
First BanCorp. New’s worth is above its 50-day moving average of $16.24 and way above its 200-day moving average of $14.02.
Sales Growth
First BanCorp. New’s sales growth for the current quarter is 2.4%.
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
