(VIANEWS) – Pinnacle West Capital Corporation (PNW), Johnson Controls (JCI), Citizens Holding Company (CIZN) are the highest payout ratio stocks on this list.
We have congregated information concerning 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 distribute 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. Pinnacle West Capital Corporation (PNW)
80.16% Payout Ratio
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 6,192 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,191 miles of overhead lines and approximately 22,092 miles of underground primary cable. The company serves approximately 1.3 million customers. It owns or leases approximately 6,316 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.17.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 17.75. Meaning, the purchaser of the share is investing $17.75 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 8.22%.
Yearly Top and Bottom Value
Pinnacle West Capital Corporation’s stock is valued at $74.01 at 02:23 EST, below its 52-week high of $80.60 and way higher than its 52-week low of $59.03.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jan 30, 2023, the estimated forward annual dividend rate is 3.46 and the estimated forward annual dividend yield is 4.57%.
2. Johnson Controls (JCI)
76.92% Payout Ratio
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The company designs, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and fire protection and security products for commercial, industrial, retail, small business, institutional, and governmental customers. It also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven smart building solutions to non-residential building and industrial applications. In addition, the company offers control software and software services for residential and commercial applications. Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland.
Earnings Per Share
As for profitability, Johnson Controls has a trailing twelve months EPS of $1.44.
PE Ratio
Johnson Controls has a trailing twelve months price to earnings ratio of 40.92. Meaning, the purchaser of the share is investing $40.92 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 8.17%.
Yearly Top and Bottom Value
Johnson Controls’s stock is valued at $58.92 at 02:23 EST, way under its 52-week high of $69.60 and way higher than its 52-week low of $45.52.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 25.5B for the twelve trailing months.
Sales Growth
Johnson Controls’s sales growth is 6.8% for the current quarter and 7.5% for the next.
Moving Average
Johnson Controls’s worth is below its 50-day moving average of $65.44 and higher than its 200-day moving average of $58.29.
3. Citizens Holding Company (CIZN)
55.81% Payout Ratio
Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit. In addition, the company offers personal and corporate trust services; credit life and title insurance; and internet and mobile banking services. It operates a principal office in downtown Philadelphia, Mississippi; and 28 additional branches in Neshoba, Newton, Leake, Lamar, Forrest, Scott, Attala, Lauderdale, Lafayette, Oktibbeha, Rankin, Madison, Harrison, Jackson, Winston, and Kemper counties, Mississippi. Citizens Holding Company was founded in 1908 and is headquartered in Philadelphia, Mississippi.
Earnings Per Share
As for profitability, Citizens Holding Company has a trailing twelve months EPS of $1.37.
PE Ratio
Citizens Holding Company has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing $10 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 13.89%.
4. The Hershey Company (HSY)
48.67% Payout Ratio
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, meat snacks, bars and snack bites, mixes, popcorn, and protein bars. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
Earnings Per Share
As for profitability, The Hershey Company has a trailing twelve months EPS of $6.72.
PE Ratio
The Hershey Company has a trailing twelve months price to earnings ratio of 36.22. Meaning, the purchaser of the share is investing $36.22 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 54.31%.
Previous days news about The Hershey Company (HSY)
- According to Zacks on Monday, 13 March, "Three top-ranked stocks from the Zacks Consumer Staples sector - The Hershey Company (HSY Quick QuoteHSY – Free Report) , Lamb Weston (LW Quick QuoteLW – Free Report) , and Inter Parfums (IPAR Quick QuoteIPAR – Free Report) - could all be considerations for investors looking to shore up defensive capabilities.", "And all three stocks from the Zacks Consumer Staples sector above - The Hershey Company (HSY Quick QuoteHSY – Free Report) , Lamb Weston (LW Quick QuoteLW – Free Report) , and Inter Parfums (IPAR Quick QuoteIPAR – Free Report) - could be considerations for those looking to enhance defensive capabilities."
- Zacks investment ideas feature highlights: the hershey company, lamb weston and inter parfums. According to Zacks on Tuesday, 14 March, "Chicago, IL - March 14, 2023 - Today, Zacks Investment Ideas feature highlights The Hershey Company (HSY Quick QuoteHSY – Free Report) , Lamb Weston (LW Quick QuoteLW – Free Report) and Inter Parfums (IPAR Quick QuoteIPAR – Free Report) ."
- According to Zacks on Tuesday, 14 March, "Additionally, The Hershey Company manufactures pantry items like baking ingredients, toppings and beverages; and gum and mint refreshment products; snack bites and mixes, as well as spreads."
5. Atrion (ATRI)
41.32% Payout Ratio
Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmology applications in the United States, Canada, Europe, and internationally. Its fluid delivery products include valves that fill, hold, and release controlled amounts of fluids or gasses for use in various intubation, intravenous, catheter, and other applications in the anesthesia and oncology fields, as well as promote infection control in hospital and home healthcare environments. The company's cardiovascular products comprise Myocardial Protection System that delivers fluids and medications and mixes critical drugs, as well as controls temperature, pressure, and other variables; cardiac surgery vacuum relief valves; silicone vessel loops for retracting and occluding vessels; and inflation devices for balloon catheter dilation, stent deployment, and fluid dispensing, as well as products for use in heart bypass surgery. Its ophthalmic products include specialized medical devices that disinfect contact lenses; and a line of balloon catheters, which are used for the treatment of nasolacrimal duct obstruction in children and adults. The company also manufactures instrumentation and associated disposables that measure the activated clotting time of blood; and products for safe needle and scalpel blade containment. In addition, it manufactures inflation systems and valves used in marine and aviation safety products; components used in inflatable survival products and structures; and one-way and two-way pressure relief valves that protect sensitive electronics and other products during transport in other medical and non-medical applications. The company sells its products to physicians, hospitals, clinics, and other treatment centers; and other equipment manufacturers through direct sales force, independent sales representatives, and distributors. Atrion Corporation was founded in 1944 and is headquartered in Allen, Texas.
Earnings Per Share
As for profitability, Atrion has a trailing twelve months EPS of $17.44.
PE Ratio
Atrion has a trailing twelve months price to earnings ratio of 34.24. Meaning, the purchaser of the share is investing $34.24 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 14.34%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 8.6 and the estimated forward annual dividend yield is 1.28%.
6. The Cushing MLP Total Return Fund (SRV)
35.91% Payout Ratio
Cushing MLP Total Return Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. Cushing MLP Total Return Fund was formed on May 23, 2007 and is domiciled in Dallas.
