(VIANEWS) – Eaton Vance Senior Floating (EFR), The Hershey Company (HSY), Helmerich & Payne (HP) 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 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. Eaton Vance Senior Floating (EFR)
11494.4% Payout Ratio
Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Senior Floating-Rate Trust was formed on November 28, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Senior Floating has a trailing twelve months EPS of $0.01.
PE Ratio
Eaton Vance Senior Floating has a trailing twelve months price to earnings ratio of 1195. Meaning, the purchaser of the share is investing $1195 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 negative -0.22%.
Yearly Top and Bottom Value
Eaton Vance Senior Floating’s stock is valued at $11.95 at 08:23 EST, below its 52-week high of $13.23 and way above its 52-week low of $10.76.
Volume
Today’s last reported volume for Eaton Vance Senior Floating is 67117 which is 2.89% above its average volume of 65230.
Revenue Growth
Year-on-year quarterly revenue growth grew by 70.5%, now sitting on 45.89M for the twelve trailing months.
2. The Hershey Company (HSY)
47.69% Payout Ratio
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
Earnings Per Share
As for profitability, The Hershey Company has a trailing twelve months EPS of $8.25.
PE Ratio
The Hershey Company has a trailing twelve months price to earnings ratio of 27.76. Meaning, the purchaser of the share is investing $27.76 for every dollar of annual earnings.
Yearly Top and Bottom Value
The Hershey Company’s stock is valued at $229.04 at 08:23 EST, way under its 52-week high of $276.88 and higher than its 52-week low of $211.49.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 16, 2023, the estimated forward annual dividend rate is 4.14 and the estimated forward annual dividend yield is 1.77%.
3. Helmerich & Payne (HP)
44.87% Payout Ratio
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Helmerich & Payne has a trailing twelve months EPS of $3.03.
PE Ratio
Helmerich & Payne has a trailing twelve months price to earnings ratio of 14.67. Meaning, the purchaser of the share is investing $14.67 for every dollar of annual earnings.
4. Nike (NKE)
41.02% Payout Ratio
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Earnings Per Share
As for profitability, Nike has a trailing twelve months EPS of $3.23.
PE Ratio
Nike has a trailing twelve months price to earnings ratio of 33.76. Meaning, the purchaser of the share is investing $33.76 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 34.62%.
Moving Average
Nike’s worth is higher than its 50-day moving average of $109.01 and below its 200-day moving average of $113.69.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 51.22B for the twelve trailing months.
5. Canadian Natural Resources Limited (CNQ)
38.19% Payout Ratio
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Canadian Natural Resources Limited has a trailing twelve months EPS of $6.43.
PE Ratio
Canadian Natural Resources Limited has a trailing twelve months price to earnings ratio of 9.45. Meaning, the purchaser of the share is investing $9.45 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 25%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 66.1% and a negative 40.4%, respectively.
