(VIANEWS) – Eaton Vance Tax (ETO), SL Green Realty Corporation (SLG), NorthWestern Corporation (NWE) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent 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 40.61. Meaning, the purchaser of the share is investing $40.61 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 2.37%.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $23.96 at 07:23 EST, below its 52-week high of $24.06 and way above its 52-week low of $19.85.
Moving Average
Eaton Vance Tax’s value is higher than its 50-day moving average of $21.80 and higher than its 200-day moving average of $22.20.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 8.01%.
2. SL Green Realty Corporation (SLG)
87.43% Payout Ratio
SL Green Realty Corp., an S&P 500 company and Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.
Earnings Per Share
As for profitability, SL Green Realty Corporation has a trailing twelve months EPS of $-7.65.
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 -10.05%.
3. NorthWestern Corporation (NWE)
84.72% Payout Ratio
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through three segments: Electric Utility Operations; Natural Gas Utility Operations; and Other. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,597 miles of electric transmission and 18,534 miles of electric distribution lines with approximately 121 transmission and distribution substations; and 2,235 miles of natural gas transmission and 5,099 miles of natural gas distribution lines with approximately 135 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,342 miles of electric distribution lines in South Dakota with approximately 121 transmission and distribution substations; and 55 miles of natural gas transmission and 2,545 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 764,200 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.
Earnings Per Share
As for profitability, NorthWestern Corporation has a trailing twelve months EPS of $3.01.
PE Ratio
NorthWestern Corporation has a trailing twelve months price to earnings ratio of 16.94. Meaning, the purchaser of the share is investing $16.94 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 6.74%.
Sales Growth
NorthWestern Corporation’s sales growth is 10% for the ongoing quarter and 13% for the next.
Yearly Top and Bottom Value
NorthWestern Corporation’s stock is valued at $50.99 at 07:23 EST, way below its 52-week high of $61.24 and way higher than its 52-week low of $45.97.
4. Erie Indemnity Company (ERIE)
46.61% Payout Ratio
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $7.65.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 43.5. Meaning, the purchaser of the share is investing $43.5 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 26.99%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.9%, now sitting on 3.15B for the twelve trailing months.
Sales Growth
Erie Indemnity Company’s sales growth is 10.3% for the present quarter and 11% for the next.
Moving Average
Erie Indemnity Company’s worth is way higher than its 50-day moving average of $297.59 and way higher than its 200-day moving average of $256.86.
Volume
Today’s last reported volume for Erie Indemnity Company is 79920 which is 28.66% below its average volume of 112028.
5. NBT Bancorp (NBTB)
42.81% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $2.85.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 15.19. Meaning, the purchaser of the share is investing $15.19 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 9.88%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.7%, now sitting on 488.78M for the twelve trailing months.
Sales Growth
NBT Bancorp’s sales growth is 3.8% for the current quarter and 4.3% for the next.
Volume
Today’s last reported volume for NBT Bancorp is 117480 which is 32.71% below its average volume of 174591.
Moving Average
NBT Bancorp’s value is way higher than its 50-day moving average of $36.46 and way above its 200-day moving average of $34.52.
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.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
