(VIANEWS) – ONEOK (OKE), Companhia Paranaense de Energia (ELP), Cherry Hill Mortgage Investment Corporation (CHMI) 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 guarantee 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. ONEOK (OKE)
103.6% Payout Ratio
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, ONEOK has a trailing twelve months EPS of $2.59.
PE Ratio
ONEOK has a trailing twelve months price to earnings ratio of 25.33. Meaning, the purchaser of the share is investing $25.33 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 26.6%.
Yearly Top and Bottom Value
ONEOK’s stock is valued at $65.53 at 01:23 EST, way below its 52-week high of $75.07 and way higher than its 52-week low of $50.50.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 21.2% and 57.5%, respectively.
Previous days news about ONEOK (OKE)
- Oneok (oke) Q4 earnings beat estimates, revenues miss. According to Zacks on Tuesday, 28 February, "As of Dec 31, 2022, ONEOK had cash and cash equivalents worth $220.2 million compared with $146.4 million as of Dec 31, 2021."
2. Companhia Paranaense de Energia (ELP)
95.64% 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 $0.11.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 63.18. Meaning, the purchaser of the share is investing $63.18 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 4.26%.
Volume
Today’s last reported volume for Companhia Paranaense de Energia is 281901 which is 51.64% below its average volume of 582942.
Revenue Growth
Year-on-year quarterly revenue growth declined by 21.8%, now sitting on 22.89B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Companhia Paranaense de Energia’s EBITDA is 5.49.
Yearly Top and Bottom Value
Companhia Paranaense de Energia’s stock is valued at $6.95 at 01:23 EST, way under its 52-week high of $8.25 and way above its 52-week low of $5.71.
3. Cherry Hill Mortgage Investment Corporation (CHMI)
40.6% Payout Ratio
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and residential mortgage-backed securities (RMBS). The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.
Earnings Per Share
As for profitability, Cherry Hill Mortgage Investment Corporation has a trailing twelve months EPS of $2.66.
PE Ratio
Cherry Hill Mortgage Investment Corporation has a trailing twelve months price to earnings ratio of 2.54. Meaning, the purchaser of the share is investing $2.54 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 23.12%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 15.98%.
4. S&T Bancorp (STBA)
39.33% Payout Ratio
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business banking, Commercial Construction, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers. As of December 31, 2020, it operated 76 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.
Earnings Per Share
As for profitability, S&T Bancorp has a trailing twelve months EPS of $1.01.
PE Ratio
S&T Bancorp has a trailing twelve months price to earnings ratio of 37.41. Meaning, the purchaser of the share is investing $37.41 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 10%.
Sales Growth
S&T Bancorp’s sales growth is 18.4% for the present quarter and 20.9% for the next.
Volume
Today’s last reported volume for S&T Bancorp is 122897 which is 23.09% below its average volume of 159803.
5. Banner Corporation (BANR)
31.04% Payout Ratio
Banner Corporation operates as the bank holding company for Banner Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in the mortgage banking operations through the origination and sale of one-to four-family and multi-family residential loans, as well as small business administration loans. Further, the company provides electronic and digital banking services. As of December 31, 2021, it operated 150 branch offices and 18 loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is headquartered in Walla Walla, Washington.
Earnings Per Share
As for profitability, Banner Corporation has a trailing twelve months EPS of $4.12.
PE Ratio
Banner Corporation has a trailing twelve months price to earnings ratio of 15.5. Meaning, the purchaser of the share is investing $15.5 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 12.42%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.4%, now sitting on 618.07M for the twelve trailing months.
Volume
Today’s last reported volume for Banner Corporation is 135237 which is 19.7% below its average volume of 168427.
Yearly Top and Bottom Value
Banner Corporation’s stock is valued at $63.85 at 01:23 EST, way below its 52-week high of $75.72 and way above its 52-week low of $52.35.
