(VIANEWS) – TransCanada (TRP), Chunghwa Telecom Co. (CHT), Banco De Chile Banco De Chile ADS (BCH) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio up to now. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. TransCanada (TRP)
135.27% Payout Ratio
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, TransCanada has a trailing twelve months EPS of $2.03.
PE Ratio
TransCanada has a trailing twelve months price to earnings ratio of 18.82. Meaning, the purchaser of the share is investing $18.82 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 8.39%.
Volume
Today’s last reported volume for TransCanada is 1689150 which is 38.78% below its average volume of 2759160.
Revenue Growth
Year-on-year quarterly revenue growth grew by 67.2%, now sitting on 15.93B for the twelve trailing months.
Yearly Top and Bottom Value
TransCanada’s stock is valued at $38.21 at 20:23 EST, way under its 52-week high of $42.76 and way above its 52-week low of $32.52.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 7.13%.
2. Chunghwa Telecom Co. (CHT)
96.71% Payout Ratio
Chunghwa Telecom Co., Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services. Chunghwa Telecom Co., Ltd. was incorporated in 1996 and is headquartered in Taipei City, Taiwan.
Earnings Per Share
As for profitability, Chunghwa Telecom Co. has a trailing twelve months EPS of $1.49.
PE Ratio
Chunghwa Telecom Co. has a trailing twelve months price to earnings ratio of 26.15. Meaning, the purchaser of the share is investing $26.15 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 9.63%.
3. Banco De Chile Banco De Chile ADS (BCH)
68.65% Payout Ratio
Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. The company operates through four segments: Retail, Wholesale, Treasury, and Subsidiaries. It offers deposit products, such as checking accounts, current accounts, demand deposits and accounts, saving accounts, and time deposits; commercial, mortgage, consumer, working capital, syndicated, and installment loans; and credit and debit cards. The company also provides leasing, factoring, and foreign trade services; international and treasury banking services; and financial advisory services for mergers and acquisitions, debt restructuring assistance, and payments and collections services. In addition, it offers liquidity management services, debt instruments, and derivative contracts and leases, as well as financial transactions business and currency trading services; and securities brokerage, mutual funds management, wholesale customers, investment banking and management, insurance brokerage, and securitization services. It serves individuals, small and medium-sized companies, corporate clients, and large companies. As of December 31, 2021, the company operated through a network of 334 branches and 1,766 automatic teller machines. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.
Earnings Per Share
As for profitability, Banco De Chile Banco De Chile ADS has a trailing twelve months EPS of $2.51.
PE Ratio
Banco De Chile Banco De Chile ADS has a trailing twelve months price to earnings ratio of 8.82. Meaning, the purchaser of the share is investing $8.82 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 24.64%.
Yearly Top and Bottom Value
Banco De Chile Banco De Chile ADS’s stock is valued at $22.15 at 20:23 EST, below its 52-week high of $24.10 and way higher than its 52-week low of $18.64.
Sales Growth
Banco De Chile Banco De Chile ADS’s sales growth is negative 4.4% for the present quarter and negative 9.3% for the next.
4. Morgan Stanley (MS)
62.74% Payout Ratio
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; foreign exchange and commodities; corporate and commercial real estate loans, commercial mortgage and secured lending facilities, and financing for sales and trading customers, and asset-backed and mortgage lending; and wealth management services, investment, and research services. The Wealth Management segment offers financial advisor-led brokerage, custody, administrative, and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services to individual investors and small to medium-sized businesses and institutions. The Investment Management segment provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals through institutional and intermediary channels. The company was founded in 1924 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Morgan Stanley has a trailing twelve months EPS of $5.18.
PE Ratio
Morgan Stanley has a trailing twelve months price to earnings ratio of 17.85. Meaning, the purchaser of the share is investing $17.85 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 9.17%.
5. Elbit Systems Ltd. (ESLT)
33% Payout Ratio
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. It also manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions; laser systems and products; guided rocket systems; and armored vehicle and other platforms survivability and protection systems, as well as provides various training and support services. The company markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in the United States, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.
Earnings Per Share
As for profitability, Elbit Systems Ltd. has a trailing twelve months EPS of $6.06.
PE Ratio
Elbit Systems Ltd. has a trailing twelve months price to earnings ratio of 33.33. Meaning, the purchaser of the share is investing $33.33 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 9.94%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Elbit Systems Ltd.’s EBITDA is 69.31.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 17.9% and a negative 5.9%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.3%, now sitting on 5.86B for the twelve trailing months.
Sales Growth
Elbit Systems Ltd.’s sales growth is 1.2% for the current quarter and 7% for the next.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
