(VIANEWS) – Companhia Paranaense de Energia (ELP), Lamar Advertising Company (LAMR), GAMCO Natural Resources, Gold & Income Trust (GNT) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio as yet. 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 issue 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. 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.
2. Lamar Advertising Company (LAMR)
117.15% Payout Ratio
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 3,600 displays.
Earnings Per Share
As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.14.
PE Ratio
Lamar Advertising Company has a trailing twelve months price to earnings ratio of 23.1. Meaning, the purchaser of the share is investing $23.1 for every dollar of annual earnings.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Lamar Advertising Company’s EBITDA is 5.31.
Moving Average
Lamar Advertising Company’s worth is under its 50-day moving average of $100.31 and under its 200-day moving average of $97.38.
Sales Growth
Lamar Advertising Company’s sales growth is 3.3% for the present quarter and 3.9% for the next.
3. GAMCO Natural Resources, Gold & Income Trust (GNT)
116.13% Payout Ratio
GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities. It focuses on factors such as recent prices of comparable securities that are publicly traded, reliable prices of securities not publicly traded, the use of valuation models, current analyst reports, valuing the income or cash flow of the issuer, or cost if the preceding factors do not apply to create its portfolio. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Dow Jones U.S. Basic Materials Index, and S&P Global Agribusiness Equity Index. The fund was formerly known as Gabelli Natural Resources, Gold & Income Trust. GAMCO Natural Resources, Gold & Income Trust was formed on January 27, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months EPS of $0.31.
PE Ratio
GAMCO Natural Resources, Gold & Income Trust has a trailing twelve months price to earnings ratio of 16.58. Meaning, the purchaser of the share is investing $16.58 for every dollar of annual earnings.
4. Allegion plc Ordinary Shares (ALLE)
30.32% Payout Ratio
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers and controls; doors and door systems; electronic security products; electronic, biometric and mobile access control systems; exit devices; locks, locksets, portable locks, and key systems; time, attendance, and workforce productivity systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, on-line and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.
Earnings Per Share
As for profitability, Allegion plc Ordinary Shares has a trailing twelve months EPS of $5.39.
PE Ratio
Allegion plc Ordinary Shares has a trailing twelve months price to earnings ratio of 20.5. Meaning, the purchaser of the share is investing $20.5 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 54.63%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 27% and 7.3%, respectively.
Volume
Today’s last reported volume for Allegion plc Ordinary Shares is 565371 which is 37.32% below its average volume of 902040.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 1.65%.
