(VIANEWS) – Blackrock Muni Intermediate Duration Fund (MUI), Kellogg Company (K), OGE Energy Corporation (OGE) 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 Muni Intermediate Duration Fund (MUI)
743.33% Payout Ratio
BlackRock Muni Intermediate Duration Fund, 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 primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States.
Earnings Per Share
As for profitability, Blackrock Muni Intermediate Duration Fund has a trailing twelve months EPS of $0.06.
PE Ratio
Blackrock Muni Intermediate Duration Fund has a trailing twelve months price to earnings ratio of 192.17. Meaning, the purchaser of the share is investing $192.17 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 0.27%.
2. Kellogg Company (K)
99.58% Payout Ratio
Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, Asia, the Middle East, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Krave, Rice Krispies Treats, Kashi Go, Crunchy Nut, Rice Krispies Squares, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is based in Chicago, Illinois.
Earnings Per Share
As for profitability, Kellogg Company has a trailing twelve months EPS of $2.38.
PE Ratio
Kellogg Company has a trailing twelve months price to earnings ratio of 23.21. Meaning, the purchaser of the share is investing $23.21 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 18.5%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 21.3% and a negative 16.4%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Kellogg Company’s EBITDA is 48.06.
3. OGE Energy Corporation (OGE)
79.83% Payout Ratio
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $2.08.
PE Ratio
OGE Energy Corporation has a trailing twelve months price to earnings ratio of 15.76. Meaning, the purchaser of the share is investing $15.76 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 9.33%.
Yearly Top and Bottom Value
OGE Energy Corporation’s stock is valued at $32.79 at 13:23 EST, way under its 52-week high of $40.25 and above its 52-week low of $31.25.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 4, 2024, the estimated forward annual dividend rate is 1.67 and the estimated forward annual dividend yield is 5.08%.
4. Vaalco Energy (EGY)
70.97% Payout Ratio
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Investors might want to look at some better-ranked stocks in the energy sector, such as Oceaneering International (OII Quick QuoteOII – Free Report) , Vaalco Energy (EGY Quick QuoteEGY – Free Report) and Harbour Energy (HBRIY Quick QuoteHBRIY – Free Report) . , While both Oceaneering International and Vaalco Energy currently sport a Zacks Rank #1 (Strong Buy), Harbour Energy holds a Zacks Rank #2 (Buy).
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.31.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 14.06. Meaning, the purchaser of the share is investing $14.06 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 11.05%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Vaalco Energy’s EBITDA is 7.74.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 5.73%.
Yearly Top and Bottom Value
Vaalco Energy’s stock is valued at $4.36 at 13:23 EST, way below its 52-week high of $5.22 and way higher than its 52-week low of $3.51.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
