Berry Corporation And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Berry Corporation (BRY), PennyMac Mortgage Investment Trust (PMT), Kemper Corporation (KMPR) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 issue 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. Berry Corporation (BRY)

2433.33% Payout Ratio

Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves in the western United States. It operates through Exploration and Production (E&P), and Well Servicing and Abandonment (CJWS) segments. The E&P segment engages in the development and production of onshore, low geologic risk, and long-lived conventional oil and gas reserves primarily located in California and Utah. CJWS provides wellsite services in California to oil and natural gas production companies with a focus on well servicing, well abandonment services, and water logistics; and offers rig-based and coiled tubing-based well maintenance and workover services, recompletion services, fluid management services, fishing and rental services, and other ancillary oilfield services. The company was founded in 1909 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Berry Corporation has a trailing twelve months EPS of $0.03.

PE Ratio

Berry Corporation has a trailing twelve months price to earnings ratio of 210. Meaning, the purchaser of the share is investing $210 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 0.44%.

Moving Average

Berry Corporation’s value is way below its 50-day moving average of $7.34 and way under its 200-day moving average of $7.41.

2. PennyMac Mortgage Investment Trust (PMT)

105.26% Payout Ratio

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.

Earnings Per Share

As for profitability, PennyMac Mortgage Investment Trust has a trailing twelve months EPS of $1.52.

PE Ratio

PennyMac Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing $9.05 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 9.49%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 12, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 11.64%.

Sales Growth

PennyMac Mortgage Investment Trust’s sales growth is negative 17.5% for the ongoing quarter and negative 43.4% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 125% and a drop 27.5% for the next.

3. Kemper Corporation (KMPR)

99.19% Payout Ratio

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance. It provides automobile, homeowners, renters, fire, umbrella, general liability, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses. The company also offers life insurance, including permanent and term insurance, as well as supplemental accident and health insurance products; Medicare supplement insurance, fixed hospital indemnity, home health care, specified disease, and accident-only plans to individuals in rural, suburban, and urban areas. It distributes its products through independent agents and brokers. The company was formerly known as Unitrin, Inc. and changed its name to Kemper Corporation in August 2011. Kemper Corporation was founded in 1990 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Kemper Corporation has a trailing twelve months EPS of $-1.9.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.66%.

Sales Growth

Kemper Corporation’s sales growth for the next quarter is negative 10.8%.

Moving Average

Kemper Corporation’s worth is above its 50-day moving average of $59.12 and way above its 200-day moving average of $52.85.

Volume

Today’s last reported volume for Kemper Corporation is 102567 which is 70.77% below its average volume of 350945.

Yearly Top and Bottom Value

Kemper Corporation’s stock is valued at $59.60 at 02:23 EST, under its 52-week high of $64.69 and way above its 52-week low of $38.32.

4. Hannon Armstrong Sustainable Infrastructure Capital (HASI)

74.77% Payout Ratio

Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems. It also focuses in the areas of grid connected projects that deploy cleaner energy sources, such as solar and wind to generate power; and other sustainable infrastructure projects, including upgraded transmission or distribution systems, water and storm water infrastructures, and other projects. The company qualifies as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1981 and is headquartered in Annapolis, Maryland.

Earnings Per Share

As for profitability, Hannon Armstrong Sustainable Infrastructure Capital has a trailing twelve months EPS of $2.14.

PE Ratio

Hannon Armstrong Sustainable Infrastructure Capital has a trailing twelve months price to earnings ratio of 13.55. Meaning, the purchaser of the share is investing $13.55 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 12.75%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 39.7%, now sitting on 148.95M for the twelve trailing months.

Volume

Today’s last reported volume for Hannon Armstrong Sustainable Infrastructure Capital is 537418 which is 52.35% below its average volume of 1128020.

5. TORM plc (TRMD)

72.8% Payout Ratio

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, TORM plc has a trailing twelve months EPS of $7.94.

PE Ratio

TORM plc has a trailing twelve months price to earnings ratio of 4.88. Meaning, the purchaser of the share is investing $4.88 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 37.81%.

6. ConnectOne Bancorp (CNOB)

35.98% Payout Ratio

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a chartered commercial bank that provides various commercial banking products and services. The company's deposit products include personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers insurance, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, mobile banking by phone, safe deposit box, and remote deposit capture services. It operates through a network of nine banking offices in Bergen County, five banking offices in Union County, two banking offices in Morris County, one office Essex County, one office in Hudson County, one office in Mercer County, one office in Monmouth County, one office in the borough of Manhattan, one office in Nassau County, and one office in Astoria, as well as six branches in the Hudson Valley. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

Earnings Per Share

As for profitability, ConnectOne Bancorp has a trailing twelve months EPS of $1.89.

PE Ratio

ConnectOne Bancorp has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing $9.34 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 6.59%.

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%.

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

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