(VIANEWS) – EnLink Midstream, LLC (ENLC), Kennametal (KMT), Inter Parfums (IPAR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a promise 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 researching 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. EnLink Midstream, LLC (ENLC)
65.07% Payout Ratio
EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.73.
PE Ratio
EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 17.03. Meaning, the purchaser of the share is investing $17.03 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 17.42%.
Sales Growth
EnLink Midstream, LLC’s sales growth is negative 2.8% for the current quarter and 7.4% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jul 26, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.02%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 29.4% and a negative 51.5%, respectively.
2. Kennametal (KMT)
54.79% Payout Ratio
Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through three segments: Industrial, Widia, and Infrastructure. The company offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. It also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to general engineering, aerospace, energy, and transportation customers. In addition, the company produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value added resellers, as well as through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Kennametal has a trailing twelve months EPS of $1.46.
PE Ratio
Kennametal has a trailing twelve months price to earnings ratio of 16.72. Meaning, the purchaser of the share is investing $16.72 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%.
Volume
Today’s last reported volume for Kennametal is 560983 which is 16.31% below its average volume of 670388.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 5.9% and 22.2%, respectively.
Yearly Top and Bottom Value
Kennametal’s stock is valued at $24.41 at 08:23 EST, way below its 52-week high of $30.60 and way above its 52-week low of $20.36.
Sales Growth
Kennametal’s sales growth for the current quarter is 3.9%.
3. Inter Parfums (IPAR)
49.13% Payout Ratio
Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, bebe, Dunhill, Hollister, French Connection, Graff, GUESS, Lily Aldridge, MCM, Bella Vita, and Oscar de la Renta brand names, as well as under the Intimate and Aziza names. It sells its products to department stores, specialty stores, duty free shops, beauty retailers, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Inter Parfums has a trailing twelve months EPS of $4.58.
PE Ratio
Inter Parfums has a trailing twelve months price to earnings ratio of 28.33. Meaning, the purchaser of the share is investing $28.33 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 23.4%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 1.93%.
Moving Average
Inter Parfums’s value is below its 50-day moving average of $137.34 and above its 200-day moving average of $127.96.
Sales Growth
Inter Parfums’s sales growth is 27.3% for the current quarter and 8.1% for the next.
4. Blackrock Capital and Income Fund (CII)
42.04% Payout Ratio
BlackRock Enhanced Capital and Income Fund, Inc. is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It also invests through derivatives, with an emphasis on writing call options. The fund was formerly known as Capital & Income Strategies Fund, Inc. BlackRock Enhanced Capital and Income Fund, Inc. was formed on April 30, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Capital and Income Fund has a trailing twelve months EPS of $2.84.
PE Ratio
Blackrock Capital and Income Fund has a trailing twelve months price to earnings ratio of 6.65. Meaning, the purchaser of the share is investing $6.65 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 15.15%.
5. Regency Energy Partners LP (RGP)
35.22% Payout Ratio
Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It also provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics. The company has a strategic alliance with Kotter International, Inc. to accelerate joint business development initiatives. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Regency Energy Partners LP has a trailing twelve months EPS of $1.59.
PE Ratio
Regency Energy Partners LP has a trailing twelve months price to earnings ratio of 9.52. Meaning, the purchaser of the share is investing $9.52 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 13.81%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 22, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.71%.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
