Chesapeake Utilities Corporation And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Comstock Resources (CRK), Chesapeake Utilities Corporation (CPK), Gladstone Investment Corporation (GAIN) 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. Comstock Resources (CRK)

65.79% Payout Ratio

Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration for, development, and production of oil and natural gas primarily in Texas, Louisiana, and North Dakota. As of December 31, 2020, the company had 5.6 trillion cubic feet of natural gas equivalent and 17 million barrels of oil equivalent of proved reserves. It also owns interests in 2,864 producing oil and natural gas wells. Comstock Resources, Inc. was founded in 1983 and is headquartered in Frisco, Texas.

Earnings Per Share

As for profitability, Comstock Resources has a trailing twelve months EPS of $0.76.

PE Ratio

Comstock Resources has a trailing twelve months price to earnings ratio of 10.7. Meaning, the purchaser of the share is investing $10.7 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 9.09%.

2. Chesapeake Utilities Corporation (CPK)

48.73% 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 $4.73.

PE Ratio

Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 21.39. Meaning, the purchaser of the share is investing $21.39 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 8.39%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 670.6M for the twelve trailing months.

Moving Average

Chesapeake Utilities Corporation’s value is under its 50-day moving average of $103.36 and below its 200-day moving average of $107.90.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Chesapeake Utilities Corporation’s EBITDA is 5.43.

3. Gladstone Investment Corporation (GAIN)

48.24% Payout Ratio

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

Earnings Per Share

As for profitability, Gladstone Investment Corporation has a trailing twelve months EPS of $1.99.

PE Ratio

Gladstone Investment Corporation has a trailing twelve months price to earnings ratio of 7.29. Meaning, the purchaser of the share is investing $7.29 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 14.82%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 20, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 6.62%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 83.52M for the twelve trailing months.

4. Lockheed Martin Corporation (LMT)

44.1% Payout Ratio

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. The company was founded in 1912 and is based in Bethesda, Maryland.

Earnings Per Share

As for profitability, Lockheed Martin Corporation has a trailing twelve months EPS of $27.54.

PE Ratio

Lockheed Martin Corporation has a trailing twelve months price to earnings ratio of 15.45. Meaning, the purchaser of the share is investing $15.45 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 85.96%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Lockheed Martin Corporation’s EBITDA is 1.75.

Sales Growth

Lockheed Martin Corporation’s sales growth for the current quarter is 4.8%.

Volume

Today’s last reported volume for Lockheed Martin Corporation is 490646 which is 57.53% below its average volume of 1155450.

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%.

Volatility

1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.

1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

Sales Growth

1’s sales growth is 1% for the present quarter and 1% for the next.

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