(VIANEWS) – New Fortress Energy (NFE), Essex Property Trust (ESS), MetLife (MET) are the highest payout ratio stocks on this list.
We have gathered 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 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. New Fortress Energy (NFE)
365.59% Payout Ratio
New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company, provides energy and development services to end-users worldwide. The company engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. It also supplies LNG. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; and landed micro-fuel handling facility in San Juan, Puerto Rico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
Earnings Per Share
As for profitability, New Fortress Energy has a trailing twelve months EPS of $0.91.
PE Ratio
New Fortress Energy has a trailing twelve months price to earnings ratio of 33.29. Meaning, the purchaser of the share is investing $33.29 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 10.76%.
Yearly Top and Bottom Value
New Fortress Energy’s stock is valued at $30.29 at 20:23 EST, way under its 52-week high of $63.06 and way higher than its 52-week low of $26.14.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 11.45%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.8%, now sitting on 2.37B for the twelve trailing months.
Sales Growth
New Fortress Energy’s sales growth is 36.1% for the present quarter and 16% for the next.
Previous days news about New Fortress Energy (NFE)
- According to Zacks on Friday, 28 April, "One other stock from the same industry, New Fortress Energy (NFE Quick QuoteNFE – Free Report) , is yet to report results for the quarter ended March 2023. "
2. Essex Property Trust (ESS)
140.35% Payout Ratio
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Earnings Per Share
As for profitability, Essex Property Trust has a trailing twelve months EPS of $6.43.
PE Ratio
Essex Property Trust has a trailing twelve months price to earnings ratio of 34.12. Meaning, the purchaser of the share is investing $34.12 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 7.14%.
Volume
Today’s last reported volume for Essex Property Trust is 328634 which is 37.41% below its average volume of 525114.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 15.2% and 60.9%, respectively.
Yearly Top and Bottom Value
Essex Property Trust’s stock is valued at $219.37 at 20:23 EST, way below its 52-week high of $363.36 and way above its 52-week low of $195.03.
Previous days news about Essex Property Trust (ESS)
- According to Zacks on Wednesday, 26 April, "While AvalonBay Communities and Mid-America Apartment Communities are slated to report results today after market close, Essex Property Trust is scheduled to come up with its results on Apr 27."
- According to Zacks on Wednesday, 26 April, "Another stock from the same industry, Essex Property Trust (ESS Quick QuoteESS – Free Report) , has yet to report results for the quarter ended March 2023. "
- Essex property trust (ess) Q1 FFO top estimates. According to Zacks on Thursday, 27 April, "While Essex Property Trust has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"
- Essex property trust (ess) Q1 earnings: how key metrics compare to wall street estimates. According to Zacks on Thursday, 27 April, "Here is how Essex Property Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
3. MetLife (MET)
68.04% Payout Ratio
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it provides fixed, indexed-linked, and variable annuities; pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services. MetLife, Inc. was founded in 1863 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MetLife has a trailing twelve months EPS of $2.91.
PE Ratio
MetLife has a trailing twelve months price to earnings ratio of 21.05. Meaning, the purchaser of the share is investing $21.05 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 5.38%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 5, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 3.32%.
Volume
Today’s last reported volume for MetLife is 2323060 which is 56.4% below its average volume of 5328230.
Sales Growth
MetLife’s sales growth is negative 3.7% for the current quarter and negative 5.9% for the next.
Previous days news about MetLife (MET)
- Will lower premiums affect metlife's (met) Q1 earnings?. According to Zacks on Friday, 28 April, "Our proven model does not conclusively predict an earnings beat for MetLife this time around. ", "Reduced profit levels from Asia and MetLife Holdings businesses in the fourth quarter were concerning. "
- According to Zacks on Friday, 28 April, "Better pricing, prudent underwriting, increased exposure, faster economic recovery on the receding impact of the pandemic and increased vaccinations should benefit MetLife Inc. (MET Quick QuoteMET – Free Report) , American International Group Inc. (AIG Quick QuoteAIG – Free Report) , Prudential Financial Inc. (PRU Quick QuotePRU – Free Report) , CNO Financial Group (CNO Quick QuoteCNO – Free Report) and Kemper Corporation (KMPR Quick QuoteKMPR – Free Report) . "
4. HNI Corporation (HNI)
43.2% Payout Ratio
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
Earnings Per Share
As for profitability, HNI Corporation has a trailing twelve months EPS of $2.94.
PE Ratio
HNI Corporation has a trailing twelve months price to earnings ratio of 8.79. Meaning, the purchaser of the share is investing $8.79 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 20.53%.
Moving Average
HNI Corporation’s value is way under its 50-day moving average of $28.97 and way under its 200-day moving average of $30.33.
Volume
Today’s last reported volume for HNI Corporation is 197553 which is 37.61% below its average volume of 316677.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 109.1% and a negative 55.8%, respectively.
