(VIANEWS) – Companhia Paranaense de Energia (ELP), Brixmor Property Group (BRX), Assurant (AIZ) 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 promise 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 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. Companhia Paranaense de Energia (ELP)
492.63% Payout Ratio
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.08.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 92.25. Meaning, the purchaser of the share is investing $92.25 for every dollar of annual earnings.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 21, 2022, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 6.08%.
Moving Average
Companhia Paranaense de Energia’s worth is above its 50-day moving average of $7.10 and above its 200-day moving average of $6.91.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Companhia Paranaense de Energia’s EBITDA is 0.28.
Yearly Top and Bottom Value
Companhia Paranaense de Energia’s stock is valued at $7.38 at 14:23 EST, way under its 52-week high of $8.25 and way above its 52-week low of $5.71.
2. Brixmor Property Group (BRX)
78.13% Payout Ratio
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.
Earnings Per Share
As for profitability, Brixmor Property Group has a trailing twelve months EPS of $1.23.
PE Ratio
Brixmor Property Group has a trailing twelve months price to earnings ratio of 16.59. Meaning, the purchaser of the share is investing $16.59 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 13.67%.
3. Assurant (AIZ)
61.06% Payout Ratio
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed. The Global Lifestyle segment provides mobile device protection products and services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. The Global Housing segment offers lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other specialty products. The Global Preneed segment provides pre-funded funeral insurance, final need insurance, and related services. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Assurant has a trailing twelve months EPS of $4.48.
PE Ratio
Assurant has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing $29.42 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 5.12%.
Moving Average
Assurant’s value is way above its 50-day moving average of $119.80 and below its 200-day moving average of $134.57.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 25, 2023, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 2.14%.
Sales Growth
Assurant’s sales growth is 5.7% for the current quarter and 1.8% for the next.
4. FNCB Bancorp (FNCB)
36.32% Payout Ratio
FNCB Bancorp, Inc. operates as the bank holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania. The company offers checking, savings, money market, and certificate of deposit products; and debit cards. It also provides 1-4 family residential loans; construction, land acquisition, and development loans; commercial real estate loans; commercial and industrial loans; consumer loans, such as secured and unsecured installment loans, lines of credit, overdraft protection loans, automobile financing, home equity term loans and lines of credit; and state and political subdivision loans. In addition, the company offers mobile and telephone banking, check imaging, and electronic statement services; online banking products, such as bill payment, internal and external funds transfer, and purchase rewards; remote deposit capture and merchant services; and wealth management services through a third party. As of February 16, 2021, it operated 17 community offices located in Lackawanna, Luzerne and Wayne Counties. The company was formerly known as First National Community Bancorp, Inc. and changed its name to FNCB Bancorp, Inc. in October 2016. FNCB Bancorp, Inc. was founded in 1910 and is headquartered in Dunmore, Pennsylvania.
Earnings Per Share
As for profitability, FNCB Bancorp has a trailing twelve months EPS of $0.92.
PE Ratio
FNCB Bancorp has a trailing twelve months price to earnings ratio of 6.26. Meaning, the purchaser of the share is investing $6.26 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 14.16%.
Volume
Today’s last reported volume for FNCB Bancorp is 33773 which is 23.03% above its average volume of 27449.
Moving Average
FNCB Bancorp’s value is below its 50-day moving average of $6.37 and way below its 200-day moving average of $7.57.
