(VIANEWS) – Kimco Realty Corporation (KIM), Allete (ALE), CenterPoint Energy (CNP) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio as yet. 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 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. Kimco Realty Corporation (KIM)
91.18% Payout Ratio
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of June 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
Earnings Per Share
As for profitability, Kimco Realty Corporation has a trailing twelve months EPS of $1.02.
PE Ratio
Kimco Realty Corporation has a trailing twelve months price to earnings ratio of 18.15. Meaning, the purchaser of the share is investing $18.15 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 6.84%.
Sales Growth
Kimco Realty Corporation’s sales growth is 7.8% for the present quarter and 8.7% for the next.
Yearly Top and Bottom Value
Kimco Realty Corporation’s stock is valued at $18.51 at 08:23 EST, way below its 52-week high of $22.84 and way higher than its 52-week low of $16.34.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 60.9% and positive 12.5% for the next.
2. Allete (ALE)
63.02% Payout Ratio
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Earnings Per Share
As for profitability, Allete has a trailing twelve months EPS of $4.3.
PE Ratio
Allete has a trailing twelve months price to earnings ratio of 13.97. Meaning, the purchaser of the share is investing $13.97 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 5.3%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Allete’s EBITDA is 42.04.
Volume
Today’s last reported volume for Allete is 314150 which is 7.51% above its average volume of 292190.
3. CenterPoint Energy (CNP)
56.2% Payout Ratio
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.36.
PE Ratio
CenterPoint Energy has a trailing twelve months price to earnings ratio of 20.7. Meaning, the purchaser of the share is investing $20.7 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 9.31%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 19.5%, now sitting on 8.7B for the twelve trailing months.
4. Freeport (FCX)
46.88% Payout Ratio
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Freeport has a trailing twelve months EPS of $1.28.
PE Ratio
Freeport has a trailing twelve months price to earnings ratio of 39.78. Meaning, the purchaser of the share is investing $39.78 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 14.38%.
Yearly Top and Bottom Value
Freeport’s stock is valued at $50.92 at 08:23 EST, way higher than its 52-week high of $44.70.
Moving Average
Freeport’s value is way above its 50-day moving average of $39.41 and way higher than its 200-day moving average of $38.63.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 11, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 1.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 22.86B for the twelve trailing months.
5. Mexico Fund (MXF)
38.46% Payout Ratio
The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.
Earnings Per Share
As for profitability, Mexico Fund has a trailing twelve months EPS of $2.08.
PE Ratio
Mexico Fund has a trailing twelve months price to earnings ratio of 9.41. Meaning, the purchaser of the share is investing $9.41 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 22.22%.
Moving Average
Mexico Fund’s worth is above its 50-day moving average of $18.65 and way higher than its 200-day moving average of $17.53.
Yearly Top and Bottom Value
Mexico Fund’s stock is valued at $19.58 at 08:23 EST, under its 52-week high of $19.63 and way higher than its 52-week low of $14.77.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 16, 2024, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 4.6%.
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 current quarter and 1% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
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).
