(VIANEWS) – Donegal Group (DGICB), Chesapeake Energy Corporation (CHK), Marriot Vacations Worldwide Corporation (VAC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute 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. Donegal Group (DGICB)
266.3% Payout Ratio
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles. It also offers homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft; and liability of the insured arising from injury to other persons or their property. In addition, the company offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against various perils, primarily combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products through a network of approximately 2,400 independent insurance agencies. Donegal Group Inc. was founded in 1986 and is headquartered in Marietta, Pennsylvania.
Earnings Per Share
As for profitability, Donegal Group has a trailing twelve months EPS of $0.23.
PE Ratio
Donegal Group has a trailing twelve months price to earnings ratio of 51.65. Meaning, the purchaser of the share is investing $51.65 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 1.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.7%, now sitting on 961.31M for the twelve trailing months.
Yearly Top and Bottom Value
Donegal Group’s stock is valued at $11.88 at 02:23 EST, way below its 52-week high of $16.00 and way above its 52-week low of $10.75.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 1, 2024, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 5.22%.
Volume
Today’s last reported volume for Donegal Group is 21 which is 98.37% below its average volume of 1295.
2. Chesapeake Energy Corporation (CHK)
75.91% Payout Ratio
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; and Powder River Basin in Wyoming. As of December 31, 2020, it owned interests in approximately 7,400 oil and natural gas wells, including 5,900 properties with working interest and 1,500 properties with royalty interest; and had estimated proved reserves of 60 Mmboe. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, Chesapeake Energy Corporation has a trailing twelve months EPS of $3.03.
PE Ratio
Chesapeake Energy Corporation has a trailing twelve months price to earnings ratio of 24.24. Meaning, the purchaser of the share is investing $24.24 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 4.22%.
3. Marriot Vacations Worldwide Corporation (VAC)
70.59% Payout Ratio
Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
Earnings Per Share
As for profitability, Marriot Vacations Worldwide Corporation has a trailing twelve months EPS of $4.25.
PE Ratio
Marriot Vacations Worldwide Corporation has a trailing twelve months price to earnings ratio of 16.38. Meaning, the purchaser of the share is investing $16.38 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 6.56%.
4. Nuveen New York Dividend Advantage Municipal Fund (NAN)
56.12% Payout Ratio
Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in municipal bonds, with a rating of Baa or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's New York Municipal Bond Index and Standard & Poor's National Municipal Bond Index. The fund was formerly known as Nuveen New York Dividend Advantage Municipal Fund. Nuveen New York Quality Municipal Income Fund was formed on May 26, 1999 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen New York Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.85.
PE Ratio
Nuveen New York Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 13.55. Meaning, the purchaser of the share is investing $13.55 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 6.76%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.86 and the estimated forward annual dividend yield is 7.68%.
Volume
Today’s last reported volume for Nuveen New York Dividend Advantage Municipal Fund is 103091 which is 35.37% above its average volume of 76152.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.4%, now sitting on 27.85M for the twelve trailing months.
Moving Average
Nuveen New York Dividend Advantage Municipal Fund’s value is above its 50-day moving average of $11.35 and higher than its 200-day moving average of $10.93.
5. First Trust Enhanced Equity Income Fund (FFA)
38.07% Payout Ratio
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, First Trust Enhanced Equity Income Fund has a trailing twelve months EPS of $3.31.
PE Ratio
First Trust Enhanced Equity Income Fund has a trailing twelve months price to earnings ratio of 6.04. Meaning, the purchaser of the share is investing $6.04 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 18.71%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 21, 2024, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 7%.
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%.
