(VIANEWS) – Eaton Vance Tax (ETO), Nordic American Tankers Limited (NAT), Vaalco Energy (EGY) 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. Eaton Vance Tax (ETO)
322.51% Payout Ratio
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund was formed on April 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.59.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 41.54. Meaning, the purchaser of the share is investing $41.54 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 2.37%.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $24.51 at 07:23 EST, under its 52-week high of $24.72 and way above its 52-week low of $19.85.
Moving Average
Eaton Vance Tax’s worth is higher than its 50-day moving average of $23.62 and above its 200-day moving average of $22.58.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 20, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 8.01%.
2. Nordic American Tankers Limited (NAT)
85.71% 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 $0.56.
PE Ratio
Nordic American Tankers Limited has a trailing twelve months price to earnings ratio of 7.61. Meaning, the purchaser of the share is investing $7.61 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 22.4%.
Sales Growth
Nordic American Tankers Limited’s sales growth is negative 3.4% for the ongoing quarter and negative 11.1% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 19, 2023, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 5.71%.
3. Vaalco Energy (EGY)
70.97% Payout Ratio
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.31.
PE Ratio
Vaalco Energy has a trailing twelve months price to earnings ratio of 13.48. Meaning, the purchaser of the share is investing $13.48 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 11.05%.
4. American States Water Company (AWR)
49.26% Payout Ratio
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Earnings Per Share
As for profitability, American States Water Company has a trailing twelve months EPS of $3.36.
PE Ratio
American States Water Company has a trailing twelve months price to earnings ratio of 21.3. Meaning, the purchaser of the share is investing $21.3 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 16.82%.
Sales Growth
American States Water Company’s sales growth is negative 26.3% for the present quarter and negative 12.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 28.1% and a drop 10.5% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 595.7M for the twelve trailing months.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
