(VIANEWS) – Cross Timbers Royalty Trust (CRT), Erie Indemnity Company (ERIE), ONE Gas (OGS) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio so far. 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 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. Cross Timbers Royalty Trust (CRT)
100% Payout Ratio
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Cross Timbers Royalty Trust has a trailing twelve months EPS of $2.2.
PE Ratio
Cross Timbers Royalty Trust has a trailing twelve months price to earnings ratio of 9.02. Meaning, the purchaser of the share is investing $9.02 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 447.93%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Cross Timbers Royalty Trust’s EBITDA is 8.69.
Moving Average
Cross Timbers Royalty Trust’s value is below its 50-day moving average of $20.64 and under its 200-day moving average of $21.67.
2. Erie Indemnity Company (ERIE)
69.13% 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 $6.76.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 44.33. Meaning, the purchaser of the share is investing $44.33 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 24.54%.
Yearly Top and Bottom Value
Erie Indemnity Company’s stock is valued at $299.64 at 02:23 EST, under its 52-week high of $300.90 and way higher than its 52-week low of $199.49.
Sales Growth
Erie Indemnity Company’s sales growth is 12% for the ongoing quarter and 10.3% for the next.
3. ONE Gas (OGS)
62.25% Payout Ratio
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers. ONE Gas, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, ONE Gas has a trailing twelve months EPS of $4.08.
PE Ratio
ONE Gas has a trailing twelve months price to earnings ratio of 16.51. Meaning, the purchaser of the share is investing $16.51 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 8.85%.
4. Canadian National Railway Company (CNI)
39.04% Payout Ratio
Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business. The company offers rail services, which include equipment, custom brokage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services including temperature controlled cargo, port partnership, transloading and distribution, logistic parks, customs brokerage, trucking, and moving grains in containers. It also provides trucking services, such as door-to-door services, import and export dray, interline services, and specialized services comprising flatbed trucks, on-deck mobile transport trays, expedited and temperature controlled cargo, and permit/overweight services; and supply chain services. In addition, it serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, and consumer goods applications. Further, the company operates a network of 20,000 route miles of track and shipping Canada and the United States. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
Earnings Per Share
As for profitability, Canadian National Railway Company has a trailing twelve months EPS of $5.77.
PE Ratio
Canadian National Railway Company has a trailing twelve months price to earnings ratio of 18.58. Meaning, the purchaser of the share is investing $18.58 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 24.97%.
5. NetApp (NTAP)
36.23% Payout Ratio
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Additionally, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, NetApp has a trailing twelve months EPS of $5.52.
PE Ratio
NetApp has a trailing twelve months price to earnings ratio of 13.68. Meaning, the purchaser of the share is investing $13.68 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 158.04%.
Volume
Today’s last reported volume for NetApp is 441386 which is 78.41% below its average volume of 2045010.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 6.1% and positive 11.7% for the next.
Moving Average
NetApp’s value is below its 50-day moving average of $77.15 and above its 200-day moving average of $69.23.
Yearly Top and Bottom Value
NetApp’s stock is valued at $75.54 at 02:23 EST, below its 52-week high of $80.53 and way above its 52-week low of $58.08.
6. Tiptree (TIPT)
31.58% Payout Ratio
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. It operates in two segments, Insurance and Mortgage. The company provides niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. It also offers mortgage loans for institutional investors; and maritime transportation services, as well as invests in securities and other assets. Tiptree Inc. markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
Earnings Per Share
As for profitability, Tiptree has a trailing twelve months EPS of $0.57.
PE Ratio
Tiptree has a trailing twelve months price to earnings ratio of 29.4. Meaning, the purchaser of the share is investing $29.4 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 7.69%.
Yearly Top and Bottom Value
Tiptree’s stock is valued at $16.76 at 02:23 EST, under its 52-week high of $18.00 and way above its 52-week low of $10.18.
Moving Average
Tiptree’s worth is above its 50-day moving average of $16.16 and way above its 200-day moving average of $14.96.
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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
