(VIANEWS) – BlackRock Investment Quality Municipal Trust (BKN), RGC Resources (RGCO), Trinity Industries (TRN) 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 guarantee 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. BlackRock Investment Quality Municipal Trust (BKN)
250.71% Payout Ratio
BlackRock Investment Quality Municipal Trust Inc. 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 municipal obligations exempt from federal income taxes. Blackrock Investment Quality Municipal Trust Inc. was formed on February 28, 1993 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock Investment Quality Municipal Trust has a trailing twelve months EPS of $0.21.
PE Ratio
BlackRock Investment Quality Municipal Trust has a trailing twelve months price to earnings ratio of 59.62. Meaning, the purchaser of the share is investing $59.62 for every dollar of annual earnings.
Moving Average
BlackRock Investment Quality Municipal Trust’s worth is above its 50-day moving average of $12.11 and higher than its 200-day moving average of $11.92.
2. RGC Resources (RGCO)
63.6% Payout Ratio
RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.
Earnings Per Share
As for profitability, RGC Resources has a trailing twelve months EPS of $1.25.
PE Ratio
RGC Resources has a trailing twelve months price to earnings ratio of 16.37. Meaning, the purchaser of the share is investing $16.37 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 12.05%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 17, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.05%.
Moving Average
RGC Resources’s worth is below its 50-day moving average of $20.63 and higher than its 200-day moving average of $19.76.
Volume
Today’s last reported volume for RGC Resources is 653 which is 95.86% below its average volume of 15790.
3. Trinity Industries (TRN)
50.94% Payout Ratio
Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2023, it had a fleet of 109,295 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Trinity Industries has a trailing twelve months EPS of $2.15.
PE Ratio
Trinity Industries has a trailing twelve months price to earnings ratio of 15.2. Meaning, the purchaser of the share is investing $15.2 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 14.85%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 3.27B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 15, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.47%.
Sales Growth
Trinity Industries’s sales growth is negative 10.9% for the ongoing quarter and negative 8.9% for the next.
Volume
Today’s last reported volume for Trinity Industries is 635487 which is 3.46% below its average volume of 658274.
4. Gerdau S.A. (GGB)
46.7% Payout Ratio
Gerdau S.A., together with its subsidiaries, operates as a steel producer company in the Americas. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business divisions. It provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. The company also offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. In addition, it operates three mines that produce iron ore located in the Brazilian state of Minas Gerais. The company sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in São Paulo, Brazil.
Earnings Per Share
As for profitability, Gerdau S.A. has a trailing twelve months EPS of $0.44.
PE Ratio
Gerdau S.A. has a trailing twelve months price to earnings ratio of 7.59. Meaning, the purchaser of the share is investing $7.59 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 9.76%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9%, now sitting on 64.6B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 30.8% and 133.3%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 13, 2024, the estimated forward annual dividend rate is 0.17 and the estimated forward annual dividend yield is 5.17%.
Moving Average
Gerdau S.A.’s value is higher than its 50-day moving average of $3.24 and under its 200-day moving average of $3.58.
5. Thomson Reuters (TRI)
40% Payout Ratio
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driven technologies, including generative AI, integrated workflow solutions to small businesses to multinational organizations. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.
Earnings Per Share
As for profitability, Thomson Reuters has a trailing twelve months EPS of $5.69.
PE Ratio
Thomson Reuters has a trailing twelve months price to earnings ratio of 26.78. Meaning, the purchaser of the share is investing $26.78 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 20.41%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.6%, now sitting on 7.03B for the twelve trailing months.
6. KBR (KBR)
39.04% Payout Ratio
KBR, Inc. provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Solutions, Technology Solutions, and Energy Solutions. The Government Solutions segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia. This segment's services cover from research and development, through systems engineering, test and evaluation, systems integration and program management, to operations support, maintenance, and field logistics. The Technology Solutions segment provides proprietary technologies, equipment and catalyst supply, digital solutions and associated knowledge-based services into a global business for refining, petrochemicals, inorganic, and specialty chemicals, as well as gasification, syngas, ammonia, nitric acid and fertilizers. The Energy Solutions segment offers life-cycle support solutions across the upstream, midstream, and downstream hydrocarbons markets; comprehensive project and program delivery solutions, as well as engineering services, front-end consulting and feasibility studies, sustaining capital construction, turnarounds, maintenance services, and others. This segment provides EPC, and consulting and engineering services for onshore oil and gas; LNG/GTL; oil refining; petrochemicals; chemicals; fertilizers; offshore oil and gas; and floating solutions. KBR, Inc. was founded in 1901 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, KBR has a trailing twelve months EPS of $1.46.
PE Ratio
KBR has a trailing twelve months price to earnings ratio of 46.05. Meaning, the purchaser of the share is investing $46.05 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 13.42%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 7.17B for the twelve trailing months.
Volume
Today’s last reported volume for KBR is 384192 which is 57.69% below its average volume of 908233.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 0.89%.
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%.
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).
