Honeywell International And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Himax Technologies (HIMX), Enbridge (ENB), Dominion Resources (D) are the highest payout ratio stocks on this list.

We have congregated information regarding 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 distribute 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. Himax Technologies (HIMX)

165.52% Payout Ratio

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; active matrix organic light-emitting diode ICs; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry. In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power WiseEye smart image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, artificial intelligence and Internet of Things (AIoT), etc. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses or end customers; and non-driver products to camera module manufacturers, optical engine manufacturers, television/AIoT system manufacturers, and various AIoT system integration companies. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.

Earnings Per Share

As for profitability, Himax Technologies has a trailing twelve months EPS of $0.29.

PE Ratio

Himax Technologies has a trailing twelve months price to earnings ratio of 18.79. Meaning, the purchaser of the share is investing $18.79 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 5.62%.

Yearly Top and Bottom Value

Himax Technologies’s stock is valued at $5.45 at 01:23 EST, way below its 52-week high of $8.20 and higher than its 52-week low of $5.22.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 8.81%.

Moving Average

Himax Technologies’s worth is below its 50-day moving average of $5.88 and way under its 200-day moving average of $6.23.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Himax Technologies’s EBITDA is 65.37.

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 $2.1.

PE Ratio

Enbridge has a trailing twelve months price to earnings ratio of 16.41. Meaning, the purchaser of the share is investing $16.41 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 9.47%.

Yearly Top and Bottom Value

Enbridge’s stock is valued at $34.47 at 01:23 EST, way below its 52-week high of $40.30 and way higher than its 52-week low of $31.03.

Volume

Today’s last reported volume for Enbridge is 3099870 which is 46.11% below its average volume of 5752790.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Enbridge’s EBITDA is 3.09.

Sales Growth

Enbridge’s sales growth is negative 18% for the present quarter and negative 0.5% for the next.

3. Dominion Resources (D)

107.66% Payout Ratio

Dominion Energy, Inc. produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 0.8 million customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial, and industrial customers in South Carolina. The Contracted Energy segment is involved in the nonregulated long-term contracted renewable electric generation, renewable natural gas facility, and solar generation facility development operations. As of December 31, 2023, the company's portfolio of assets included approximately 29.5 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution mains and related service facilities. It is also involved in regulating natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.0 million residential, commercial, and industrial customers. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Dominion Resources has a trailing twelve months EPS of $2.48.

PE Ratio

Dominion Resources has a trailing twelve months price to earnings ratio of 19.26. Meaning, the purchaser of the share is investing $19.26 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 7.72%.

4. Honeywell International (HON)

49.23% Payout Ratio

Honeywell International Inc. engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services. Its Honeywell Building Technologies segment provides software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. The company's Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as provides materials based on hydrofluoro-olefin technology. Its Safety and Productivity Solutions segment provides personal protective equipment, apparel, gear, and footwear; gas detection technology; custom-engineered sensors, switches, and controls for sensing and productivity solution; cloud-based notification and emergency messaging; mobile devices and software; custom-engineered sensors, switches, and controls; and data and asset management productivity solutions. Honeywell International Inc. was founded in 1885 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Honeywell International has a trailing twelve months EPS of $8.47.

PE Ratio

Honeywell International has a trailing twelve months price to earnings ratio of 23.34. Meaning, the purchaser of the share is investing $23.34 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 33.6%.

Yearly Top and Bottom Value

Honeywell International’s stock is valued at $197.68 at 01:23 EST, under its 52-week high of $210.87 and way higher than its 52-week low of $174.88.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 8.2% and 9%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 36.66B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Honeywell International’s EBITDA is 54.52.

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%.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

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