(VIANEWS) – Advance Auto Parts (AAP), BlackRock Utility and Infrastructure Trust (BUI), Hawaiian Electric Industries (HE) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio as yet. 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. Advance Auto Parts (AAP)
625% Payout Ratio
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its Website. It serves professional installers and do-it-yourself customers. Advance Auto Parts, Inc. operates its stores under the Advance Auto Parts, Autopart International, Carquest, and Worldpac brand names. As of December 28, 2019, it operated 4,877 stores and 160 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,253 independently owned Carquest branded stores in Mexico, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.
Earnings Per Share
As for profitability, Advance Auto Parts has a trailing twelve months EPS of $-0.21.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -1.12%.
Yearly Top and Bottom Value
Advance Auto Parts’s stock is valued at $49.15 at 02:23 EST, way below its 52-week high of $88.56 and higher than its 52-week low of $47.73.
Volume
Today’s last reported volume for Advance Auto Parts is 6377950 which is 257.51% above its average volume of 1783960.
2. BlackRock Utility and Infrastructure Trust (BUI)
52.8% Payout Ratio
BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors. It invests in stocks of companies across diversified market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. The fund was formerly known as BlackRock Utility and Infrastructure Trust. BlackRock Utility, Infrastructure & Power Opportunities Trust was formed on November 22, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Utility and Infrastructure Trust has a trailing twelve months EPS of $1.61.
PE Ratio
BlackRock Utility and Infrastructure Trust has a trailing twelve months price to earnings ratio of 14.31. Meaning, the purchaser of the share is investing $14.31 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 13, 2023, the estimated forward annual dividend rate is 1.45 and the estimated forward annual dividend yield is 7.39%.
Yearly Top and Bottom Value
BlackRock Utility and Infrastructure Trust’s stock is valued at $23.04 at 02:23 EST, below its 52-week high of $23.35 and way above its 52-week low of $18.73.
Moving Average
BlackRock Utility and Infrastructure Trust’s value is above its 50-day moving average of $22.59 and higher than its 200-day moving average of $21.58.
3. Hawaiian Electric Industries (HE)
42.6% Payout Ratio
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
Earnings Per Share
As for profitability, Hawaiian Electric Industries has a trailing twelve months EPS of $-10.56.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -68.37%.
Volume
Today’s last reported volume for Hawaiian Electric Industries is 3009170 which is 30.51% below its average volume of 4330890.
Sales Growth
Hawaiian Electric Industries’s sales growth is 1.7% for the ongoing quarter and 20.8% for the next.
4. CDW Corporation (CDW)
30.02% Payout Ratio
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, desktop computers, collaboration, data storage and servers, and others; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, as well as warranties; delivers and manages mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois.
Earnings Per Share
As for profitability, CDW Corporation has a trailing twelve months EPS of $8.11.
PE Ratio
CDW Corporation has a trailing twelve months price to earnings ratio of 29.95. Meaning, the purchaser of the share is investing $29.95 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 58.54%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 26, 2024, the estimated forward annual dividend rate is 2.48 and the estimated forward annual dividend yield is 1.1%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 5.1% and 4.7%, respectively.
Sales Growth
CDW Corporation’s sales growth for the next quarter is 8%.
Yearly Top and Bottom Value
CDW Corporation’s stock is valued at $242.91 at 02:23 EST, below its 52-week high of $263.37 and way above its 52-week low of $185.04.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Sales Growth
1’s sales growth is 1% for the ongoing quarter and 1% for the next.
Dividend Yield
As stated 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%.
