(VIANEWS) – Baxter International (BAX), Enbridge (ENB), The Kraft Heinz (KHC) are the highest payout ratio stocks on this list.
We have collected information regarding 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 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. Baxter International (BAX)
252.17% Payout Ratio
Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company operates through four segments: Medical Products and Therapies, Healthcare Systems and Technologies, Pharmaceuticals, and Kidney Care. The company offers sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition therapies; generic injectable pharmaceuticals; surgical hemostat and sealant products, advanced surgical equipment; smart bed systems; patient monitoring and diagnostic technologies; and respiratory health devices, as well as advanced equipment for the surgical space, including surgical video technologies, precision positioning devices, and other accessories. It also provides administrative sets; adhesion prevention products; inhaled anesthesia; drug compounding; chronic and acute dialysis therapies and services, including peritoneal dialysis (PD), hemodialysis (HD), continuous renal replacement therapies (CRRT), and other organ support therapies. The company's products are used in hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, ambulatory surgery centers, doctors' offices, and patients at home under physician supervision. The company sells its products through direct sales force, as well as through independent distributors, drug wholesalers, and specialty pharmacy or other alternate site providers in approximately 100 countries. It has an agreement with Celerity Pharmaceutical, LLC to develop acute care generic injectable premix and oncolytic products; and a collaborative research agreement with Miromatrix Medical Inc. aiming to advance care for patients with acute liver failure. Baxter International Inc. was incorporated in 1931 and is headquartered in Deerfield, Illinois.
Earnings Per Share
As for profitability, Baxter International has a trailing twelve months EPS of $-0.15.
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 -0.42%.
Moving Average
Baxter International’s worth is below its 50-day moving average of $41.63 and above its 200-day moving average of $39.35.
Yearly Top and Bottom Value
Baxter International’s stock is valued at $40.33 at 08:23 EST, way below its 52-week high of $50.21 and way higher than its 52-week low of $31.01.
2. Enbridge (ENB)
125% Payout Ratio
Enbridge Inc., together with its subsidiaries, 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 activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers 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 $2.09.
PE Ratio
Enbridge has a trailing twelve months price to earnings ratio of 16.35. Meaning, the purchaser of the share is investing $16.35 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 9.47%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 6.3% and a negative 8%, respectively.
Sales Growth
Enbridge’s sales growth is negative 25.8% for the ongoing quarter and negative 4.6% for the next.
Yearly Top and Bottom Value
Enbridge’s stock is valued at $34.18 at 08:23 EST, way below its 52-week high of $40.30 and way above its 52-week low of $31.03.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 2.67 and the estimated forward annual dividend yield is 7.35%.
3. The Kraft Heinz (KHC)
69.87% Payout Ratio
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, hospitals, health care facilities, and government agencies; and online through various e-commerce platforms and retailers. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 1869 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, The Kraft Heinz has a trailing twelve months EPS of $2.31.
PE Ratio
The Kraft Heinz has a trailing twelve months price to earnings ratio of 15.56. Meaning, the purchaser of the share is investing $15.56 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 5.68%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 6, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 4.4%.
Sales Growth
The Kraft Heinz’s sales growth for the current quarter is negative 2.2%.
Moving Average
The Kraft Heinz’s value is below its 50-day moving average of $36.33 and above its 200-day moving average of $35.19.
Yearly Top and Bottom Value
The Kraft Heinz’s stock is valued at $35.94 at 08:23 EST, way under its 52-week high of $41.33 and way higher than its 52-week low of $30.68.
4. Evercore Partners (EVR)
47.1% Payout Ratio
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Evercore Partners has a trailing twelve months EPS of $6.37.
PE Ratio
Evercore Partners has a trailing twelve months price to earnings ratio of 29.66. Meaning, the purchaser of the share is investing $29.66 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 16.26%.
Yearly Top and Bottom Value
Evercore Partners’s stock is valued at $188.93 at 08:23 EST, below its 52-week high of $198.99 and way higher than its 52-week low of $104.36.
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%.
