(VIANEWS) – Dana Holding Corporation (DAN), Chesapeake Energy Corporation (CHK), Apollo Tactical Income Fund (AIF) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 issue them.
When researching 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. Dana Holding Corporation (DAN)
444.44% Payout Ratio
Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It offers sealing solutions, thermal-management technologies, and digital solutions to vehicle and engine manufacturers. The company operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers front drive steer rigid axles, rear drive rigid axles, driveshafts/propshafts, front/rear drive units, AWD systems, power transfer units, electromechanical propulsion systems, EV gearboxes, and differentials for use in light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides steer and drive axles, driveshafts, tire inflation systems, high and low voltage motors and inverters, vehicle integration services, and connected software solutions for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment manufactures front and rear axles; driveshafts; transmissions; torque converters; wheel, track, and winch planetary drives; industrial gear boxes; custom gears and shifting solutions; tire inflation systems; electronic controls; hydraulic valves, pumps and motors; and EV motors and inverter for use in construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary applications. The Power Technologies segment offers gaskets, cover modules, heat shields, engine sealing systems, cooling products, and heat transfer products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.
Earnings Per Share
As for profitability, Dana Holding Corporation has a trailing twelve months EPS of $-0.01.
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 -0.17%.
Moving Average
Dana Holding Corporation’s value is below its 50-day moving average of $11.67 and way below its 200-day moving average of $12.79.
2. Chesapeake Energy Corporation (CHK)
75.91% Payout Ratio
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; and Powder River Basin in Wyoming. As of December 31, 2020, it owned interests in approximately 7,400 oil and natural gas wells, including 5,900 properties with working interest and 1,500 properties with royalty interest; and had estimated proved reserves of 60 Mmboe. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, Chesapeake Energy Corporation has a trailing twelve months EPS of $3.03.
PE Ratio
Chesapeake Energy Corporation has a trailing twelve months price to earnings ratio of 24.24. Meaning, the purchaser of the share is investing $24.24 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 4.22%.
Volume
Today’s last reported volume for Chesapeake Energy Corporation is 1035780 which is 39.48% below its average volume of 1711740.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 2.3 and the estimated forward annual dividend yield is 3.13%.
3. Apollo Tactical Income Fund (AIF)
62.17% Payout Ratio
Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets. It primarily invests in senior secured loans including floating rate senior loans, high yield corporate bonds, and other credit instruments of varying maturities made to companies whose debt is typically rated below investment grade. The fund employs a conservative approach to credit selection that focuses on such factors as collateral coverage, structural seniority, credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams to create its portfolio. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Apollo Tactical Income Fund has a trailing twelve months EPS of $2.4.
PE Ratio
Apollo Tactical Income Fund has a trailing twelve months price to earnings ratio of 6.17. Meaning, the purchaser of the share is investing $6.17 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 16.75%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 11.8%.
Volume
Today’s last reported volume for Apollo Tactical Income Fund is 38319 which is 51.07% below its average volume of 78327.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 36.26M for the twelve trailing months.
Yearly Top and Bottom Value
Apollo Tactical Income Fund’s stock is valued at $14.82 at 20:23 EST, under its 52-week high of $15.45 and way above its 52-week low of $12.49.
4. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB)
52.76% Payout Ratio
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.
Earnings Per Share
As for profitability, Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months EPS of $5.46.
PE Ratio
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a trailing twelve months price to earnings ratio of 12.22. Meaning, the purchaser of the share is investing $12.22 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 66.4%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.4%, now sitting on 14.87B for the twelve trailing months.
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%.
