(VIANEWS) – CubeSmart (CUBE), Nordic American Tankers Limited (NAT), Crescent Point Energy Corporation Ordinary Shares (CPG) 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 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. CubeSmart (CUBE)
110.47% Payout Ratio
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Earnings Per Share
As for profitability, CubeSmart has a trailing twelve months EPS of $1.55.
PE Ratio
CubeSmart has a trailing twelve months price to earnings ratio of 26.81. Meaning, the purchaser of the share is investing $26.81 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 13.56%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 10% and positive 25% for the next.
Sales Growth
CubeSmart’s sales growth is negative 2.3% for the present quarter and negative 5.3% for the next.
2. Nordic American Tankers Limited (NAT)
58.14% Payout Ratio
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Nordic American Tankers Limited has a trailing twelve months EPS of $0.43.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 9.72. Meaning, the purchaser of the share is investing $9.72 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 16.99%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 14.53%.
Moving Average
Nordic American Tankers Limited’s value is higher than its 50-day moving average of $3.91 and way above its 200-day moving average of $3.62.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 800% and 60%, respectively.
3. Crescent Point Energy Corporation Ordinary Shares (CPG)
47.37% Payout Ratio
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil and natural gas reserves in Western Canada and the United States. The company's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months EPS of $0.73.
PE Ratio
Crescent Point Energy Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 11.18. Meaning, the purchaser of the share is investing $11.18 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 5.9%.
Volume
Today’s last reported volume for Crescent Point Energy Corporation Ordinary Shares is 2169340 which is 35.04% below its average volume of 3339540.
4. Oil (ODC)
33.33% Payout Ratio
Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group, and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as carriers for biological and chemical active ingredients, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names. It also offers animal health and nutrition products for the livestock industry under the Amlan, Calibrin, Varium, Neoprime, Sorbiam, Ambio P, Ambio S, MD-09, and Pel-Unite and Pel-Unite Plus brand names; and bleaching adsorbent products for bleaching, purification, and filtration applications under the Pure-Flo, Perform, Select, Metal-X, Metal-Z, and Ultra-Clear brand names. In addition, the company provides cat litter products, such as scoopable and non-clumping litters under the Cat's Pride and Jonny Cat brand names; industrial and automotive sorbent products from clay, polypropylene, and recycled materials that absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, cricket, and soccer fields under the Pro's Choice brand name. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product and sports turf material users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. Oil-Dri Corporation of America was founded in 1941 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Oil has a trailing twelve months EPS of $3.33.
PE Ratio
Oil has a trailing twelve months price to earnings ratio of 20.15. Meaning, the purchaser of the share is investing $20.15 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 14.55%.
Moving Average
Oil’s value is way above its 50-day moving average of $60.40 and way higher than its 200-day moving average of $42.76.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Oil’s EBITDA is 23.12.
Previous days news about Oil (ODC)
- WTI price analysis: further oil price upside hinges on $80.30 breakout and fed chair powell’s speech. According to FXStreet on Friday, 25 August, "Should the Oil bears dominate past $77.20, the odds of witnessing a slump toward May’s peak of $74.70 can’t be ruled out."
- According to FXStreet on Friday, 25 August, "That said, a further recovery in Crude Oil prices, from a one-month trough set on Thursday, could underpin the commodity-linked Loonie and act as a headwind for the major. "
- Crude oil forecast: markets looking to stabilize – 25 August 2023. According to DailyForex on Friday, 25 August, "In conclusion, the WTI Crude Oil market displayed an initial rally attempt that quickly subsided after an opening gap on Thursday. "
5. Agnico Eagle Mines Limited (AEM)
32.06% Payout Ratio
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $5.08.
PE Ratio
Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 9.23. Meaning, the purchaser of the share is investing $9.23 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 13.28%.
Yearly Top and Bottom Value
Agnico Eagle Mines Limited’s stock is valued at $46.88 at 20:23 EST, way under its 52-week high of $61.15 and way above its 52-week low of $36.69.
Moving Average
Agnico Eagle Mines Limited’s worth is below its 50-day moving average of $50.29 and below its 200-day moving average of $51.53.
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).
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
