Cogent Communications Holdings And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Cogent Communications Holdings (CCOI), EnLink Midstream, LLC (ENLC), Huntington Bancshares (HBAN) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio so far. 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. Cogent Communications Holdings (CCOI)

498.7% Payout Ratio

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.

Earnings Per Share

As for profitability, Cogent Communications Holdings has a trailing twelve months EPS of $0.77.

PE Ratio

Cogent Communications Holdings has a trailing twelve months price to earnings ratio of 93.16. Meaning, the purchaser of the share is investing $93.16 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 9.59%.

Volume

Today’s last reported volume for Cogent Communications Holdings is 252320 which is 53.41% below its average volume of 541598.

2. EnLink Midstream, LLC (ENLC)

145% Payout Ratio

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.35.

PE Ratio

EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 34.37. Meaning, the purchaser of the share is investing $34.37 for every dollar of annual earnings.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.1%, now sitting on 6.78B for the twelve trailing months.

Sales Growth

EnLink Midstream, LLC’s sales growth is 17.1% for the current quarter and 20.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 166.7% and 50%, respectively.

Yearly Top and Bottom Value

EnLink Midstream, LLC’s stock is valued at $12.03 at 02:23 EST, way under its 52-week high of $14.38 and higher than its 52-week low of $11.44.

3. Huntington Bancshares (HBAN)

58.49% Payout Ratio

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. It also provides 24-hour grace, asterisk-free checking, money scout, $50 safety zone, standby cash, early pay, instant access, savings goal getter, and Huntington heads up; digitally powered consumer and business financial solutions to consumer lending, regional banking, branch banking, and wealth management customers; direct and indirect consumer loans, as well as dealer finance loans and deposits; and private banking, wealth management and legacy planning through investment and portfolio management, fiduciary administration and trust, institutional custody, and full-service retail brokerage investment services. The company offers equipment financing, asset-based lending, distribution finance, structured lending, and municipal financing solutions, as well as Huntington ChoicePay. In addition, it offers lending, liquidity, treasury management and other payment services, and capital markets; government and non-profits, healthcare, technology and telecommunications, franchises, financial sponsors, and global services; and corporate risk management, institutional sales and trading, debt and equity issuance, and additional advisory services. The company offers its products through a network of channels, including branches and ATMs, online and mobile banking, and through customer call centers to customers in middle market banking, corporate, specialty, and government banking, asset finance, commercial real estate banking, and capital markets. The company was founded in 1866 and is headquartered in Columbus, Ohio.

Earnings Per Share

As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.24.

PE Ratio

Huntington Bancshares has a trailing twelve months price to earnings ratio of 10.73. Meaning, the purchaser of the share is investing $10.73 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 8.87%.

Moving Average

Huntington Bancshares’s worth is below its 50-day moving average of $13.53 and above its 200-day moving average of $12.96.

Volume

Today’s last reported volume for Huntington Bancshares is 12634900 which is 28.68% below its average volume of 17717700.

Yearly Top and Bottom Value

Huntington Bancshares’s stock is valued at $13.31 at 02:23 EST, way under its 52-week high of $15.25 and way above its 52-week low of $9.25.

4. Hilltop Holdings (HTH)

37.71% Payout Ratio

Hilltop Holdings Inc. provides business and consumer banking, and financial products and services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance. This segment also provides treasury management, wealth management, asset management, check cards, safe deposit boxes, online banking, bill pay, trust, and overdraft services; and estate planning, management and administration, investment portfolio management, employee benefit accounts, and individual retirement accounts, as well as automated teller machines. The Broker-Dealer segment offers public finance services that assist public entities in originating, syndicating, and distributing securities of municipalities and political subdivisions; specialized advisory and investment banking services; advice and guidance to arbitrage rebate compliance, portfolio management, and local government investment pool administration; structured finance services, which include advisory services for derivatives and commodities; sells, trades in, and underwrites U.S. government and government agency bonds, corporate bonds, and municipal bonds, as well as mortgage-backed, asset-backed, and commercial mortgage-backed securities and structured products. This segment also provides asset and liability management advisory, clearing, retail, and securities lending services. The Mortgage Origination segment offers mortgage, jumbo, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture loans. Hilltop Holdings Inc. was founded in 1998 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Hilltop Holdings has a trailing twelve months EPS of $1.75.

PE Ratio

Hilltop Holdings has a trailing twelve months price to earnings ratio of 17.49. Meaning, the purchaser of the share is investing $17.49 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 5.77%.

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 ongoing quarter and 1% for the next.

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