(VIANEWS) – BHP Billiton Limited (BHP), Allete (ALE), Portland General Electric Co (POR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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 distribute 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. BHP Billiton Limited (BHP)
87.68% Payout Ratio
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. The company is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, it provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. The company was founded in 1851 and is headquartered in Melbourne, Australia.
Earnings Per Share
As for profitability, BHP Billiton Limited has a trailing twelve months EPS of $2.75.
PE Ratio
BHP Billiton Limited has a trailing twelve months price to earnings ratio of 23.94. Meaning, the purchaser of the share is investing $23.94 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 42.92%.
Moving Average
BHP Billiton Limited’s value is higher than its 50-day moving average of $65.74 and way higher than its 200-day moving average of $57.93.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.6%, now sitting on 65.41B for the twelve trailing months.
Yearly Top and Bottom Value
BHP Billiton Limited’s stock is valued at $65.82 at 13:23 EST, below its 52-week high of $71.52 and way higher than its 52-week low of $46.92.
2. Allete (ALE)
76.92% Payout Ratio
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $3.38.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 18.27. Meaning, the purchaser of the share is investing $18.27 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 4.18%.
Moving Average
Allete’s value is below its 50-day moving average of $63.42 and higher than its 200-day moving average of $60.10.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.7%, now sitting on 1.57B for the twelve trailing months.
Volume
Today’s last reported volume for Allete is 360555 which is 7% above its average volume of 336963.
3. Portland General Electric Co (POR)
68.75% Payout Ratio
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates seven thermal plants; seven hydroelectric plants; and two wind farms. As of December 31, 2019, it owned an electric transmission system consisting of 1,264 circuit miles, including 287 circuit miles of 500 kilovolt line, 423 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line. The company has 27,755 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 895,000 residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
Earnings Per Share
As for profitability, Portland General Electric Co has a trailing twelve months EPS of $2.6.
PE Ratio
Portland General Electric Co has a trailing twelve months price to earnings ratio of 18.6. Meaning, the purchaser of the share is investing $18.6 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 8.49%.
4. IDACORP (IDA)
59.49% Payout Ratio
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, IDACORP has a trailing twelve months EPS of $5.11.
PE Ratio
IDACORP has a trailing twelve months price to earnings ratio of 20.68. Meaning, the purchaser of the share is investing $20.68 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 9.46%.
5. Caterpillar (CAT)
36.55% Payout Ratio
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Its Construction Industries segment offers asphalt pavers, compactors, cold planers, feller bunchers, harvesters, motorgraders, pipelayers, road reclaimers, skidders, telehandlers, and utility vehicles; backhoe, knuckleboom, compact track, multi-terrain, skid steer, and track-type loaders; forestry and wheel excavators; and site prep and track-type tractors. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, track-type tractors, mining trucks, longwall miners, wheel loaders, off-highway and articulated trucks, wheel tractor scrapers, wheel dozers, landfill and soil compactors, machinery components, electronics and control systems, select work tools, and hard rock continuous mining systems. Its Energy & Transportation segment offers reciprocating engine powered generator sets; reciprocating engines and integrated systems for the power generation, marine, oil, and gas industries; turbines, centrifugal gas compressors, and related services; remanufactured reciprocating engines and components; and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, working capital loans, and wholesale financing; and insurance and risk management products. Its All Other operating segment manufactures filters and fluids, undercarriage, ground engaging tools, fluid transfer products, precision seals, and rubber sealing and connecting components; parts distribution; integrated logistics solutions and distribution services; and digital investments services. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Deerfield, Illinois.
Meanwhile, Caterpillar (CAT Quick QuoteCAT – Free Report) , a slower mover, has a beta of 0.79, meaning it moves less than the S&P. , As an investor, you can add more stocks like Caterpillar to your holdings or reduce the position size of high beta names to counterbalance your portfolio.
Earnings Per Share
As for profitability, Caterpillar has a trailing twelve months EPS of $6.25.
PE Ratio
Caterpillar has a trailing twelve months price to earnings ratio of 40.54. Meaning, the purchaser of the share is investing $40.54 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 41.37%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 30.2% and 21.7%, respectively.
Moving Average
Caterpillar’s value is above its 50-day moving average of $246.02 and way higher than its 200-day moving average of $210.05.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 18, 2023, the estimated forward annual dividend rate is 4.8 and the estimated forward annual dividend yield is 1.93%.
Yearly Top and Bottom Value
Caterpillar’s stock is valued at $253.55 at 13:23 EST, under its 52-week high of $266.04 and way higher than its 52-week low of $160.60.
Previous days news about Caterpillar (CAT)
- : caterpillar’s stock rally after ‘tentative’ agreement with UAW adds more than 60 points to the dow’s price. According to MarketWatch on Wednesday, 1 March, "Shares of Caterpillar Inc. CAT climbed 4.2% in midday trading Wednesday, enough to lead the Dow Jones Industrial Average’s DJIA gainers, after the construction- and mining-equipment maker said it reached a six-year "tentative labor agreement" with the United Autoworkers (UAW) union. ", "The union will schedule a ratification vote soon, and we will communicate the date," Caterpillar said in a statement. "
6. LyondellBasell (LYB)
35.83% Payout Ratio
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, acetyls, ethylene glycols, and ethylene oxides and derivatives. In addition, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. Further, the company refines crude oil and other crude oils of varied types and sources into gasoline and distillates; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, LyondellBasell has a trailing twelve months EPS of $7.01.
PE Ratio
LyondellBasell has a trailing twelve months price to earnings ratio of 13.88. Meaning, the purchaser of the share is investing $13.88 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 31.43%.
