Equity Lifestyle Properties And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Chatham Lodging Trust (CLDT), Equity Lifestyle Properties (ELS), Omega Flex (OFLX) are the highest payout ratio stocks on this list.

We have gathered information about stocks with the highest payout ratio so far. 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 issue 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. Chatham Lodging Trust (CLDT)

933.33% Payout Ratio

Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. At September, 30, 2020, The company owns interests in 86 hotels totaling 12,040 rooms/suites, comprised of 40 properties it wholly owns with an aggregate of 6,092 rooms/suites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 rooms/suites.

Earnings Per Share

As for profitability, Chatham Lodging Trust has a trailing twelve months EPS of $-0.11.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.31%.

Moving Average

Chatham Lodging Trust’s value is below its 50-day moving average of $10.48 and higher than its 200-day moving average of $9.93.

2. Equity Lifestyle Properties (ELS)

105.92% Payout Ratio

We are a self-administered, self-managed real estate investment trust (“REIT”) with headquarters in Chicago. As of January 25, 2021, we own or have an interest in 423 quality properties in 33 states and British Columbia consisting of 161,229 sites.

Earnings Per Share

As for profitability, Equity Lifestyle Properties has a trailing twelve months EPS of $1.69.

PE Ratio

Equity Lifestyle Properties has a trailing twelve months price to earnings ratio of 38.72. Meaning, the purchaser of the share is investing $38.72 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 21.86%.

Yearly Top and Bottom Value

Equity Lifestyle Properties’s stock is valued at $65.43 at 08:23 EST, way below its 52-week high of $74.04 and higher than its 52-week low of $60.47.

Moving Average

Equity Lifestyle Properties’s value is under its 50-day moving average of $67.37 and under its 200-day moving average of $67.54.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 1.91 and the estimated forward annual dividend yield is 2.92%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 11.4% and 11.8%, respectively.

3. Omega Flex (OFLX)

74.31% Payout Ratio

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.

Earnings Per Share

As for profitability, Omega Flex has a trailing twelve months EPS of $2.18.

PE Ratio

Omega Flex has a trailing twelve months price to earnings ratio of 31.58. Meaning, the purchaser of the share is investing $31.58 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 30.37%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 18, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 1.94%.

4. Devon Energy (DVN)

49.14% Payout Ratio

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, Devon Energy has a trailing twelve months EPS of $5.84.

PE Ratio

Devon Energy has a trailing twelve months price to earnings ratio of 8.31. Meaning, the purchaser of the share is investing $8.31 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 32.17%.

Previous days news about Devon Energy (DVN)

  • Devon energy (dvn) rises but trails market: what investors should know. According to Zacks on Wednesday, 20 March, "Investors will be eagerly watching for the performance of Devon Energy in its upcoming earnings disclosure. ", "In terms of valuation, Devon Energy is currently trading at a Forward P/E ratio of 10. "

5. Chesapeake Utilities Corporation (CPK)

48.73% Payout Ratio

Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.

Earnings Per Share

As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.73.

PE Ratio

Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 21.78. Meaning, the purchaser of the share is investing $21.78 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%.

Sales Growth

Chesapeake Utilities Corporation’s sales growth is 19.3% for the current quarter and 12.4% 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%.

Sales Growth

1’s sales growth is 1% for the ongoing quarter and 1% for the next.

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).

Leave a Reply

Your email address will not be published. Required fields are marked *