(VIANEWS) – Allianceberstein Holding L.P. Units (AB), Extra Space Storage (EXR), Rio Tinto (RIO) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.
1. Allianceberstein Holding L.P. Units (AB)
119.91% Payout Ratio
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
Earnings Per Share
As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.41.
PE Ratio
Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 12.13. Meaning, the purchaser of the share is investing $12.13 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 14.16%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 3, 2023, the estimated forward annual dividend rate is 2.61 and the estimated forward annual dividend yield is 8.66%.
Moving Average
Allianceberstein Holding L.P. Units’s worth is way below its 50-day moving average of $32.74 and way under its 200-day moving average of $35.88.
Yearly Top and Bottom Value
Allianceberstein Holding L.P. Units’s stock is valued at $29.23 at 14:23 EST, way below its 52-week high of $45.27 and above its 52-week low of $29.05.
Volume
Today’s last reported volume for Allianceberstein Holding L.P. Units is 342073 which is 18.78% above its average volume of 287983.
2. Extra Space Storage (EXR)
118.46% Payout Ratio
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.12.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 20.9. Meaning, the purchaser of the share is investing $20.9 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 22.19%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 2.07B for the twelve trailing months.
Yearly Top and Bottom Value
Extra Space Storage’s stock is valued at $127.89 at 14:23 EST, way below its 52-week high of $211.59 and above its 52-week low of $123.67.
Sales Growth
Extra Space Storage’s sales growth is 29.5% for the ongoing quarter and 18% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Extra Space Storage’s EBITDA is 17.07.
3. Rio Tinto (RIO)
93.36% Payout Ratio
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. It offers aluminum, copper, iron ore, diamonds, gold, borates, titanium dioxide, salt, silver, molybdenum, and lithium. The company also owns and operates open pit and underground mines, refineries, smelters, and concentrator facilities, as well as power stations, research, and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Rio Tinto has a trailing twelve months EPS of $5.27.
PE Ratio
Rio Tinto has a trailing twelve months price to earnings ratio of 11.52. Meaning, the purchaser of the share is investing $11.52 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 15.53%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 4.02 and the estimated forward annual dividend yield is 6.78%.
4. Eagle Bulk Shipping (EGLE)
58.46% Payout Ratio
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, cement, and forest products. It serves miners, producers, traders, and end users. As of December 31, 2021, the company owned and operated a fleet of 53 vessels. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut.
Earnings Per Share
As for profitability, Eagle Bulk Shipping has a trailing twelve months EPS of $8.04.
PE Ratio
Eagle Bulk Shipping has a trailing twelve months price to earnings ratio of 5.5. Meaning, the purchaser of the share is investing $5.5 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 17.71%.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 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).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
