(VIANEWS) – Brookfield Infrastructure Partners (BIP), Voya Global Equity Dividend and Premium Opportunity Fund (IGD), Agree Realty Corporation (ADC) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up to now. 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 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. Brookfield Infrastructure Partners (BIP)
1828.13% Payout Ratio
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 60,000 kilometers (km) of operational electricity transmission and distribution lines; 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.8 million electricity and natural gas connections; and 540,000 long-term contracted sub-metering services. This segment also offers heating, cooling, and energy solutions; gas distribution; water heaters; and heating, ventilation, and air conditioner rental, as well as other home services. Its Transport segment offers transportation, storage, and handling services for merchandise goods, commodities, and passengers through a network of approximately 22,000 km of track; 5,500 km of track network; 4,800 km of rail; 3,800 km of motorways; and 11 port terminals. The company's Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 17 natural gas processing plants; and 10,600 km of gas gathering pipelines, as well as 525,000 tonnes polypropylene production capacity. Its Data segment operates approximately 207,000 operational telecom towers; approximately 46,600 km of fiber optic cables; approximately 881,000 fiber-to-the-premise connections; two semiconductor manufacturing facilities; and 70 distributed antenna systems, as well as 50 data centers and 230 megawatts of critical load capacity. The company was incorporated in 2007 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Brookfield Infrastructure Partners has a trailing twelve months EPS of $0.08.
PE Ratio
Brookfield Infrastructure Partners has a trailing twelve months price to earnings ratio of 462. Meaning, the purchaser of the share is investing $462 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 4.43%.
2. Voya Global Equity Dividend and Premium Opportunity Fund (IGD)
533.33% Payout Ratio
Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies having a market capitalization of $1 billion or more. The fund also invests through call options on selected indices, individual securities, and/or exchange traded funds. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index and the Chicago Board Options Exchange BuyWrite Monthly Index. It was formerly known as ING Global Equity Dividend and Premium Opportunity Fund. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Voya Global Equity Dividend and Premium Opportunity Fund has a trailing twelve months EPS of $0.09.
PE Ratio
Voya Global Equity Dividend and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 56.44. Meaning, the purchaser of the share is investing $56.44 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 1.4%.
Yearly Top and Bottom Value
Voya Global Equity Dividend and Premium Opportunity Fund’s stock is valued at $5.08 at 14:23 EST, way under its 52-week high of $5.74 and above its 52-week low of $4.87.
Moving Average
Voya Global Equity Dividend and Premium Opportunity Fund’s value is under its 50-day moving average of $5.08 and below its 200-day moving average of $5.22.
3. Agree Realty Corporation (ADC)
158.88% Payout Ratio
Earnings Per Share
As for profitability, Agree Realty Corporation has a trailing twelve months EPS of $1.79.
PE Ratio
Agree Realty Corporation has a trailing twelve months price to earnings ratio of 36.54. Meaning, the purchaser of the share is investing $36.54 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 3.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.8%, now sitting on 458.09M for the twelve trailing months.
4. American Water Works (AWK)
57.58% Payout Ratio
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,600 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on various military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 490 groundwater treatment plants; 175 wastewater treatment plants; 53,500 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 73 dams. It serves approximately 14 million people with drinking water, wastewater, and other related services in 24 states. The company was founded in 1886 and is headquartered in Camden, New Jersey.
Earnings Per Share
As for profitability, American Water Works has a trailing twelve months EPS of $4.62.
PE Ratio
American Water Works has a trailing twelve months price to earnings ratio of 31.16. Meaning, the purchaser of the share is investing $31.16 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 9.78%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 7, 2023, the estimated forward annual dividend rate is 2.83 and the estimated forward annual dividend yield is 2.01%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
American Water Works’s EBITDA is 81.6.
5. Logitech (LOGI)
44.24% Payout Ratio
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mice, headsets, and simulation products, such as gamepads, steering wheels, simulation controllers, console gaming headsets, and streamlabs services; video conferencing products, such as ConferenceCams, which combine enterprise-quality audio and high-definition video to bring video conferencing to businesses of any size; webcams and headsets that turn desktop into collaboration space; and controller for video conferencing room solutions. In addition, the company offers portable wireless Bluetooth and Wi-Fi connected speakers, mobile speakers, PC speakers, PC headsets, microphones, in-ear headphones, and wireless audio wearables. Its channel network includes consumer electronics distributors, retailers, e-tailers, computer and telecommunications stores, value-added resellers, and online merchants. The company sells its products under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, and Ultimate Ears brands. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.
Earnings Per Share
As for profitability, Logitech has a trailing twelve months EPS of $2.23.
PE Ratio
Logitech has a trailing twelve months price to earnings ratio of 26.32. Meaning, the purchaser of the share is investing $26.32 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 15.66%.
Volume
Today’s last reported volume for Logitech is 240726 which is 58.71% below its average volume of 583081.
Sales Growth
Logitech’s sales growth is negative 21.7% for the ongoing quarter and negative 21% for the next.
6. Ingredion Incorporated (INGR)
33.62% Payout Ratio
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia Pacific; and Europe, Middle East, and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, glucose and syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, paper and corrugating products, brewing, pharmaceutical, textile, and personal care industries, as well as animal feed markets. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.
Earnings Per Share
As for profitability, Ingredion Incorporated has a trailing twelve months EPS of $8.27.
PE Ratio
Ingredion Incorporated has a trailing twelve months price to earnings ratio of 12.59. Meaning, the purchaser of the share is investing $12.59 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 16.78%.
Previous days news about Ingredion Incorporated (INGR)
- According to Zacks on Friday, 30 June, "Given this situation, investing in defensive stocks that provide risk-adjusted returns like PPL Corporation (PPL Quick QuotePPL – Free Report) , NiSource Inc. (NI Quick QuoteNI – Free Report) , Ingredion Incorporated (INGR Quick QuoteINGR – Free Report) and Lamb Weston Holdings, Inc. (LW Quick QuoteLW – Free Report) is a prudent choice. "
