(VIANEWS) – Dorian LPG Ltd. (LPG), Allete (ALE), Unilever (UL) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 issue them.
When researching 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. Dorian LPG Ltd. (LPG)
128.21% Payout Ratio
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of March 31, 2020, its fleet consisted of twenty-four VLGCs. The company was founded in 2013 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Dorian LPG Ltd. has a trailing twelve months EPS of $4.25.
PE Ratio
Dorian LPG Ltd. has a trailing twelve months price to earnings ratio of 5.54. Meaning, the purchaser of the share is investing $5.54 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 19.22%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Dorian LPG Ltd.’s EBITDA is 4.15.
Sales Growth
Dorian LPG Ltd.’s sales growth is 60% for the current quarter and 55.9% for the next.
Moving Average
Dorian LPG Ltd.’s worth is above its 50-day moving average of $21.96 and way above its 200-day moving average of $19.12.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 167.9% and 141.9%, respectively.
2. Allete (ALE)
83.15% Payout Ratio
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $3.34.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 18.07. Meaning, the purchaser of the share is investing $18.07 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 3.77%.
Sales Growth
Allete’s sales growth is 28.7% for the present quarter and 36.7% for the next.
Yearly Top and Bottom Value
Allete’s stock is valued at $60.35 at 08:23 EST, way below its 52-week high of $67.45 and way higher than its 52-week low of $47.77.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Allete’s EBITDA is 2.99.
Moving Average
Allete’s value is below its 50-day moving average of $62.75 and under its 200-day moving average of $60.93.
3. Unilever (UL)
56.56% Payout Ratio
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products, which includes the vitamins, minerals, and supplements. Personal Care segment offers skin cleansing products comprising soap and shower, deodorant and oral care products, such as toothpaste, toothbrush, and mouthwash products. Home Care segment engages in the sale of fabric care including washing powders and liquids, and rinse conditioners; and home and hygiene, fabric enhancers, water and air wellness products. Nutrition segment provides the sale of scratch cooking aids, which includes soups, bouillons, and seasonings; dressings products, such as mayonnaise and ketchup; and beverages and functional nutrition products including Horlicks and Boost, as well as tea products. Ice Cream segment offers ice cream products including in-home and out-of-home ice creams. It offers its products under the AXE, Bango, Ben & Jerry's, Cif, Comfort, Domestos, Dove, Equilibra, Hellmann's, Knorr, LUX, Lifebuoy, Liquid I.V., Love Beauty & Planet, Magnum, OLLY, OMO, Onnit, Rexona, Seventh Generation, SmartPants, Sunsilk, The Vegetarian Butcher, Vaseline, and Wall's brands. The company was founded in 1860 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Unilever has a trailing twelve months EPS of $3.2.
PE Ratio
Unilever has a trailing twelve months price to earnings ratio of 15.67. Meaning, the purchaser of the share is investing $15.67 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 39.9%.
Moving Average
Unilever’s worth is below its 50-day moving average of $53.04 and higher than its 200-day moving average of $49.31.
Volume
Today’s last reported volume for Unilever is 2110150 which is 1.61% above its average volume of 2076710.
4. Silvercrest Asset Management Group (SAMG)
47.97% Payout Ratio
Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds. The company was founded in 2002 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Silvercrest Asset Management Group has a trailing twelve months EPS of $1.48.
PE Ratio
Silvercrest Asset Management Group has a trailing twelve months price to earnings ratio of 12.74. Meaning, the purchaser of the share is investing $12.74 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 19.02%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Silvercrest Asset Management Group’s EBITDA is 1.07.
5. Diageo (DEO)
47.12% Payout Ratio
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Ciroc, Buchanan's, Casamigos, J&B, and Ketel One brands. The company operates in North America, Europe, Turkey, Africa, Latin America, the Caribbean, the Asia Pacific, and internationally. The company was incorporated in 1886 and is headquartered in London, the United Kingdom.
Diageo names debra crew as chief executive officerOn Wednesday, Diageo said that longtime chief executive, Ivan Menezes, died after a short illness. He was 63.
Earnings Per Share
As for profitability, Diageo has a trailing twelve months EPS of $7.78.
PE Ratio
Diageo has a trailing twelve months price to earnings ratio of 21.83. Meaning, the purchaser of the share is investing $21.83 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 38.1%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 16.92B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 1, 2023, the estimated forward annual dividend rate is 3.64 and the estimated forward annual dividend yield is 1.99%.
Yearly Top and Bottom Value
Diageo’s stock is valued at $169.81 at 08:23 EST, way below its 52-week high of $194.04 and higher than its 52-week low of $160.09.
Moving Average
Diageo’s value is below its 50-day moving average of $181.02 and below its 200-day moving average of $178.43.
Previous days news about Diageo (DEO)
- Diageo says former chief executive officer ivan menezes has died. According to MarketWatch on Wednesday, 7 June, "Menezes is credited with growing the business significantly since he became CEO in July 2013, with Diageo now selling around 200 brands in more than 180 markets.", "The London-based maker of Johnnie Walker Scotch whisky, Guinness stout and Smirnoff vodka said that Menezes was at the creation of Diageo and was with the company for more than 25 years."
