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Enbridge And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Prudential Financial (PRU), Enbridge (ENB), MV Oil Trust Units of Beneficial Interests (MVO) 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 issue 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. Prudential Financial (PRU)

608.97% Payout Ratio

Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, Group Insurance, Individual Annuities, Individual Life, Assurance IQ, International Businesses, and Closed Block. The company offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its general account. It also provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee and membership benefits plans, as well as sells accidental death and dismemberment, and other supplemental health solutions; and provides plan administration services in connection with its insurance coverages. In addition, the company develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States. Further, it provides third-party life, health, Medicare, property and casualty, and term life products to retail shoppers through its digital and independent agent channels. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Earnings Per Share

As for profitability, Prudential Financial has a trailing twelve months EPS of $-1.

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 -3.6%.

2. Enbridge (ENB)

126.48% Payout Ratio

Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

Earnings Per Share

As for profitability, Enbridge has a trailing twelve months EPS of $1.2.

PE Ratio

Enbridge has a trailing twelve months price to earnings ratio of 30.92. Meaning, the purchaser of the share is investing $30.92 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 9.1%.

Volume

Today’s last reported volume for Enbridge is 4277620 which is 20.66% above its average volume of 3545020.

3. MV Oil Trust Units of Beneficial Interests (MVO)

100% Payout Ratio

MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 900 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was founded in 2006 and is based in Houston, Texas.

Earnings Per Share

As for profitability, MV Oil Trust Units of Beneficial Interests has a trailing twelve months EPS of $1.82.

PE Ratio

MV Oil Trust Units of Beneficial Interests has a trailing twelve months price to earnings ratio of 5.94. Meaning, the purchaser of the share is investing $5.94 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 281.66%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MV Oil Trust Units of Beneficial Interests’s EBITDA is 17.74.

Yearly Top and Bottom Value

MV Oil Trust Units of Beneficial Interests’s stock is valued at $10.81 at 02:23 EST, way below its 52-week high of $16.41 and way above its 52-week low of $9.24.

4. BanColombia S.A. (CIB)

38.38% Payout Ratio

Bancolombia S. A. provides various banking products and services to individual and corporate customers in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, M&A, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; and digital banking platform, transportation, securities brokerage, maintenance and remodeling, advertising and marketing, and outsourcing services, as well as credit cards. As of December 31, 2020, it operated 1,057 branches; 18,631 banking correspondents; 535 PAMs; 215 kiosks in El Salvador and 137 in Colombia; and 6,124 automatic teller machines. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.

Earnings Per Share

As for profitability, BanColombia S.A. has a trailing twelve months EPS of $5.88.

PE Ratio

BanColombia S.A. has a trailing twelve months price to earnings ratio of 4.41. Meaning, the purchaser of the share is investing $4.41 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 18.93%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 2.53 and the estimated forward annual dividend yield is 9.53%.

5. SSR Mining (SSRM)

31.46% Payout Ratio

SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Denver, Colorado.

Earnings Per Share

As for profitability, SSR Mining has a trailing twelve months EPS of $0.89.

PE Ratio

SSR Mining has a trailing twelve months price to earnings ratio of 14.89. Meaning, the purchaser of the share is investing $14.89 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 5.15%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 76.7% and a negative 86.7%, respectively.

Sales Growth

SSR Mining’s sales growth is negative 19.5% for the current quarter and 11.3% for the next.

Moving Average

SSR Mining’s value is way under its 50-day moving average of $15.77 and way under its 200-day moving average of $15.72.

Yearly Top and Bottom Value

SSR Mining’s stock is valued at $13.25 at 02:23 EST, way below its 52-week high of $24.58 and above its 52-week low of $12.84.

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