(VIANEWS) – Center Coast MLP & Infrastructure Fund (CEN), PennyMac Mortgage Investment Trust (PMT), The York Water Company (YORW) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent 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 691. Meaning, the purchaser of the share is investing $691 for every dollar of annual earnings.
Moving Average
Center Coast MLP & Infrastructure Fund’s worth is under its 50-day moving average of $20.93 and higher than its 200-day moving average of $19.16.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 11, 2023, the estimated forward annual dividend rate is 0.9 and the estimated forward annual dividend yield is 4.34%.
Yearly Top and Bottom Value
Center Coast MLP & Infrastructure Fund’s stock is valued at $20.73 at 02:23 EST, under its 52-week high of $22.70 and way above its 52-week low of $15.40.
Volume
Today’s last reported volume for Center Coast MLP & Infrastructure Fund is 22503 which is 5.73% below its average volume of 23873.
2. PennyMac Mortgage Investment Trust (PMT)
285.25% Payout Ratio
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.
Earnings Per Share
As for profitability, PennyMac Mortgage Investment Trust has a trailing twelve months EPS of $0.61.
PE Ratio
PennyMac Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 20.38. Meaning, the purchaser of the share is investing $20.38 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 5.09%.
Sales Growth
PennyMac Mortgage Investment Trust’s sales growth is negative 23.9% for the ongoing quarter and 78.5% for the next.
3. The York Water Company (YORW)
55% Payout Ratio
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates two wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 51 municipalities within three counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.
Earnings Per Share
As for profitability, The York Water Company has a trailing twelve months EPS of $1.46.
PE Ratio
The York Water Company has a trailing twelve months price to earnings ratio of 25.68. Meaning, the purchaser of the share is investing $25.68 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 10.09%.
Moving Average
The York Water Company’s value is under its 50-day moving average of $40.69 and way below its 200-day moving average of $43.13.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 0.81 and the estimated forward annual dividend yield is 2.16%.
Sales Growth
The York Water Company’s sales growth is 20.2% for the current quarter and 12.5% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
The York Water Company’s EBITDA is 62.01.
4. Chesapeake Utilities Corporation (CPK)
44.4% Payout Ratio
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.95.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 18.87. Meaning, the purchaser of the share is investing $18.87 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 10.51%.
Moving Average
Chesapeake Utilities Corporation’s worth is way under its 50-day moving average of $108.71 and way under its 200-day moving average of $120.49.
Volume
Today’s last reported volume for Chesapeake Utilities Corporation is 83248 which is 17.02% above its average volume of 71139.
Yearly Top and Bottom Value
Chesapeake Utilities Corporation’s stock is valued at $93.42 at 02:23 EST, way under its 52-week high of $132.91 and higher than its 52-week low of $89.00.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 20.4% and 14.3%, respectively.
5. U.S. Global Investors (GROW)
42.86% Payout Ratio
U.S. Global Investors, Inc. is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also provides its services to pooled investment vehicles. The firm manages equity and fixed income mutual funds for its clients. It also manages hedge funds. The firm also manages exchange traded funds. It invests in the public equity and fixed income markets across the globe. It invests in G.A.R.P. and value stocks to make its equity investments. The firm employs a fundamental and quantitative analysis with top-down and bottom-up stock picking approach to make its investments. U.S. Global Investors, Inc. was founded in 1968 and is based in San Antonio, Texas.
Earnings Per Share
As for profitability, U.S. Global Investors has a trailing twelve months EPS of $0.21.
PE Ratio
U.S. Global Investors has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing $14.05 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 5.41%.
Yearly Top and Bottom Value
U.S. Global Investors’s stock is valued at $2.95 at 02:23 EST, way under its 52-week high of $3.30 and way higher than its 52-week low of $2.41.
Earnings Before Interest, Taxes, Depreciation, and Amortization
U.S. Global Investors’s EBITDA is 4.72.
Revenue Growth
Year-on-year quarterly revenue growth declined by 41.3%, now sitting on 17.21M for the twelve trailing months.
6. Pangaea Logistics Solutions Ltd. (PANL)
41.67% Payout Ratio
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
Earnings Per Share
As for profitability, Pangaea Logistics Solutions Ltd. has a trailing twelve months EPS of $0.89.
PE Ratio
Pangaea Logistics Solutions Ltd. has a trailing twelve months price to earnings ratio of 6.61. Meaning, the purchaser of the share is investing $6.61 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 11.89%.
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%.
Sales Growth
1’s sales growth is 1% for the current quarter and 1% for the next.
