(VIANEWS) – Center Coast MLP & Infrastructure Fund (CEN), Johnson Controls (JCI), Broadridge Financial Solutions (BR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 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. Center Coast MLP & Infrastructure Fund (CEN)
3000% Payout Ratio
Center Coast MLP & Infrastructure Fund is a closed-ended balanced mutual fund launched and managed by Center Coast Capital Advisors, LP. The fund invests in public equity and fixed income markets of North America. It seeks to invest in securities of companies operating in the energy infrastructure sector. The fund primarily invests in equity and debt securities of MLPs and other entities holding primarily general or limited partner or managing member interests in MLPs. For its fixed income portion, the fund seeks to invest in securities across all credit ratings. It employs quantitative analysis with a focus on such factors as cash flow, yield, relative valuation, contract structure, operating risk, competitive environment, growth potential, operational expertise, and strength of business plan to create its portfolio. Center Coast MLP & Infrastructure Fund was formed on September 26, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Center Coast MLP & Infrastructure Fund has a trailing twelve months EPS of $0.03.
PE Ratio
Center Coast MLP & Infrastructure Fund has a trailing twelve months price to earnings ratio of 627.67. Meaning, the purchaser of the share is investing $627.67 for every dollar of annual earnings.
Volume
Today’s last reported volume for Center Coast MLP & Infrastructure Fund is 12717 which is 49.12% below its average volume of 24998.
Yearly Top and Bottom Value
Center Coast MLP & Infrastructure Fund’s stock is valued at $18.83 at 20:23 EST, under its 52-week high of $19.58 and way above its 52-week low of $15.19.
Moving Average
Center Coast MLP & Infrastructure Fund’s worth is above its 50-day moving average of $18.72 and higher than its 200-day moving average of $17.99.
2. Johnson Controls (JCI)
70.85% Payout Ratio
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The company designs, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and fire protection and security products for commercial, industrial, retail, small business, institutional, and governmental customers. It also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven smart building solutions to non-residential building and industrial applications. In addition, the company offers control software and software services for residential and commercial applications. Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland.
Earnings Per Share
As for profitability, Johnson Controls has a trailing twelve months EPS of $1.98.
PE Ratio
Johnson Controls has a trailing twelve months price to earnings ratio of 34.08. Meaning, the purchaser of the share is investing $34.08 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 9.1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Johnson Controls’s EBITDA is 99.11.
Yearly Top and Bottom Value
Johnson Controls’s stock is valued at $67.47 at 20:23 EST, under its 52-week high of $69.60 and way above its 52-week low of $45.52.
3. Broadridge Financial Solutions (BR)
60.28% Payout Ratio
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. It also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services; data and analytics solutions; solutions for public corporations and mutual funds; SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. The company's Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.
Earnings Per Share
As for profitability, Broadridge Financial Solutions has a trailing twelve months EPS of $4.68.
PE Ratio
Broadridge Financial Solutions has a trailing twelve months price to earnings ratio of 34.93. Meaning, the purchaser of the share is investing $34.93 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 29.04%.
Moving Average
Broadridge Financial Solutions’s worth is higher than its 50-day moving average of $154.69 and way above its 200-day moving average of $146.17.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 17.4% and 4.8%, respectively.
Volume
Today’s last reported volume for Broadridge Financial Solutions is 159690 which is 72.64% below its average volume of 583873.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 2.9 and the estimated forward annual dividend yield is 1.78%.
4. Verizon (VZ)
50.54% Payout Ratio
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Verizon has a trailing twelve months EPS of $5.16.
PE Ratio
Verizon has a trailing twelve months price to earnings ratio of 7. Meaning, the purchaser of the share is investing $7 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 24.59%.
5. United Community Banks (UCBI)
33.72% Payout Ratio
United Community Banks, Inc. operates as a bank holding company for the United Community Bank, a state-chartered bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage and construction, consumer direct loans, and indirect auto loans, as well as home equity lines of credits. The company also offers investment products; wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; insurance products, including life insurance, long-term care insurance, and tax-deferred annuities; reinsurance on a property insurance contract; and payment processing, merchant, wire transfer, private banking, and other financial services. It serves individuals, small businesses, mid-sized commercial businesses, and non-profit organizations. The company operates through 193 locations in Georgia, North Carolina, South Carolina, Tennessee, and Florida markets. United Community Banks, Inc. was founded in 1950 and is based in Blairsville, Georgia.
Earnings Per Share
As for profitability, United Community Banks has a trailing twelve months EPS of $2.61.
PE Ratio
United Community Banks has a trailing twelve months price to earnings ratio of 9.84. Meaning, the purchaser of the share is investing $9.84 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 10.11%.
6. Regions Financial Corporation (RF)
32.77% Payout Ratio
Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. It also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. The company was founded in 1971 and is headquartered in Birmingham, Alabama.
Earnings Per Share
As for profitability, Regions Financial Corporation has a trailing twelve months EPS of $2.37.
PE Ratio
Regions Financial Corporation has a trailing twelve months price to earnings ratio of 7.74. Meaning, the purchaser of the share is investing $7.74 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 13.63%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1.7% and 34.9%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 7.12B for the twelve trailing months.
