(VIANEWS) – BlackRock California Municipal Income Trust (BFZ), Petroleo Brasileiro (PBR), CenterPoint Energy (CNP) 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 issue them.
When researching 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. BlackRock California Municipal Income Trust (BFZ)
565% Payout Ratio
BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal and California income taxes. BlackRock California Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock California Municipal Income Trust has a trailing twelve months EPS of $0.08.
PE Ratio
BlackRock California Municipal Income Trust has a trailing twelve months price to earnings ratio of 145.88. Meaning, the purchaser of the share is investing $145.88 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 0.12%.
Volume
Today’s last reported volume for BlackRock California Municipal Income Trust is 42780 which is 55.27% below its average volume of 95656.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 10, 2024, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 5.21%.
Moving Average
BlackRock California Municipal Income Trust’s worth is higher than its 50-day moving average of $10.70 and higher than its 200-day moving average of $11.27.
Yearly Top and Bottom Value
BlackRock California Municipal Income Trust’s stock is valued at $11.67 at 16:23 EST, below its 52-week high of $12.10 and way higher than its 52-week low of $9.86.
2. Petroleo Brasileiro (PBR)
88.88% Payout Ratio
Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. In addition, the company produces biodiesel and its co-products, and ethanol; and distributes oil products. Further, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.
Earnings Per Share
As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $4.13.
PE Ratio
Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 3.75. Meaning, the purchaser of the share is investing $3.75 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 36.11%.
3. CenterPoint Energy (CNP)
59.52% Payout Ratio
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.26.
PE Ratio
CenterPoint Energy has a trailing twelve months price to earnings ratio of 22.92. Meaning, the purchaser of the share is investing $22.92 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 8.78%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.3%, now sitting on 9.22B for the twelve trailing months.
Moving Average
CenterPoint Energy’s value is higher than its 50-day moving average of $27.82 and higher than its 200-day moving average of $28.73.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 13, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 2.78%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CenterPoint Energy’s EBITDA is 3.88.
Previous days news about CenterPoint Energy (CNP)
- According to Zacks on Tuesday, 19 December, "In addition, Zacks Equity Research provides analysis on American Water Works (AWK Quick QuoteAWK – Free Report) , CenterPoint Energy (CNP Quick QuoteCNP – Free Report) and Granite Construction (GVA Quick QuoteGVA – Free Report) .", "Thus, astute investors should invest in stocks such as American Water Works, CenterPoint Energy and Granite Construction as of now for solid returns."
4. LeMaitre Vascular (LMAT)
44.67% Payout Ratio
LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system. The company also provides carotid shunts that temporarily shunt the blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; powered phlebectomy devices to remove varicose veins; and radiopaque tape, a medical-grade tape applied to the skin that enables interventionists to cross-refer between the inside and the outside of a patient's body, and allows them to locate tributaries or lesions beneath the skin. In addition, it offers remote endarterectomy devices to remove plaque from arteries in the leg; valvulotomes, which cut valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and vascular grafts to bypass or replace diseased arteries. Further, the company provides vascular patches, which are used for closure of vessels after surgical intervention; closure systems to attach vessels to one another with titanium clips instead of sutures; and surgical glue. It markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, LeMaitre Vascular has a trailing twelve months EPS of $1.22.
PE Ratio
LeMaitre Vascular has a trailing twelve months price to earnings ratio of 44.8. Meaning, the purchaser of the share is investing $44.8 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 9.92%.
Volume
Today’s last reported volume for LeMaitre Vascular is 166452 which is 17.27% above its average volume of 141935.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 44% and 29.6%, respectively.
5. New York Times (NYT)
36.21% Payout Ratio
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com website. The company also licenses articles, graphics, and photographs to newspapers, magazines and websites; and licenses content to digital aggregators in the business, professional, academic and library markets; third-party digital platforms; and for use in television, films and books. In addition, it engages in the live events business, which hosts events to connect audiences with journalists and outside thought leaders; and digital advertising business that includes direct-sold website, mobile application, podcast, email, and video advertisements. Further, the company offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audm, a read-aloud audio service that are available on mobile applications and websites, as well as Wirecutter, a product review and recommendation product. It also prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Times has a trailing twelve months EPS of $1.16.
PE Ratio
New York Times has a trailing twelve months price to earnings ratio of 39.37. Meaning, the purchaser of the share is investing $39.37 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 12.09%.
Yearly Top and Bottom Value
New York Times’s stock is valued at $45.67 at 16:23 EST, below its 52-week high of $48.88 and way above its 52-week low of $31.67.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 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).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
