(VIANEWS) – StoneCastle Financial Corp (BANX), Permian Basin Royalty Trust (PBT), Artesian Resources Corporation (ARTNA) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 distribute 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. StoneCastle Financial Corp (BANX)
197.44% Payout Ratio
ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, StoneCastle Financial Corp has a trailing twelve months EPS of $0.78.
PE Ratio
StoneCastle Financial Corp has a trailing twelve months price to earnings ratio of 23.96. Meaning, the purchaser of the share is investing $23.96 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 2.5%.
Sales Growth
StoneCastle Financial Corp’s sales growth is 29.8% for the current quarter and 36% for the next.
2. Permian Basin Royalty Trust (PBT)
100.4% Payout Ratio
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. As of December 31, 2019, the Waddell Ranch properties contained 332 net productive oil wells, 106 net productive gas wells, and 120 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. The Texas Royalty properties comprised approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5038.25%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 159.4%, now sitting on 18.45M for the twelve trailing months.
Moving Average
Permian Basin Royalty Trust’s worth is under its 50-day moving average of $22.48 and below its 200-day moving average of $18.68.
Previous days news about Permian Basin Royalty Trust (PBT)
- According to Business Insider on Friday, 17 February, "Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.041356 per unit, payable on March 14, 2023, to unit holders of record on February 28, 2023."
3. Artesian Resources Corporation (ARTNA)
54.59% Payout Ratio
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Earnings Per Share
As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.98.
PE Ratio
Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 31.11. Meaning, the purchaser of the share is investing $31.11 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 10.33%.
4. MetLife (MET)
49.08% Payout Ratio
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it provides fixed, indexed-linked, and variable annuities; and pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services. MetLife, Inc. was founded in 1863 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MetLife has a trailing twelve months EPS of $5.68.
PE Ratio
MetLife has a trailing twelve months price to earnings ratio of 12.79. Meaning, the purchaser of the share is investing $12.79 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 6.76%.
Sales Growth
MetLife’s sales growth is 26.4% for the present quarter and negative 14.1% for the next.
Yearly Top and Bottom Value
MetLife’s stock is valued at $72.65 at 13:23 EST, under its 52-week high of $77.36 and way above its 52-week low of $57.41.
Moving Average
MetLife’s worth is higher than its 50-day moving average of $72.26 and higher than its 200-day moving average of $67.55.
5. KBR (KBR)
46% Payout Ratio
KBR, Inc. provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Solutions, Technology Solutions, and Energy Solutions. The Government Solutions segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia. This segment's services cover from research and development, through systems engineering, test and evaluation, systems integration and program management, to operations support, maintenance, and field logistics. The Technology Solutions segment provides proprietary technologies, equipment and catalyst supply, digital solutions and associated knowledge-based services into a global business for refining, petrochemicals, inorganic, and specialty chemicals, as well as gasification, syngas, ammonia, nitric acid and fertilizers. The Energy Solutions segment offers life-cycle support solutions across the upstream, midstream, and downstream hydrocarbons markets; comprehensive project and program delivery solutions, as well as engineering services, front-end consulting and feasibility studies, sustaining capital construction, turnarounds, maintenance services, and others. This segment provides EPC, and consulting and engineering services for onshore oil and gas; LNG/GTL; oil refining; petrochemicals; chemicals; fertilizers; offshore oil and gas; and floating solutions. KBR, Inc. was founded in 1901 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, KBR has a trailing twelve months EPS of $0.55.
PE Ratio
KBR has a trailing twelve months price to earnings ratio of 92.64. Meaning, the purchaser of the share is investing $92.64 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 10.36%.
6. AudioCodes Ltd. (AUDC)
41.86% Payout Ratio
AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.
Earnings Per Share
As for profitability, AudioCodes Ltd. has a trailing twelve months EPS of $0.86.
PE Ratio
AudioCodes Ltd. has a trailing twelve months price to earnings ratio of 23.72. Meaning, the purchaser of the share is investing $23.72 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 14.74%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AudioCodes Ltd.’s EBITDA is 83.42.
Sales Growth
AudioCodes Ltd.’s sales growth is 9.5% for the ongoing quarter and 10.6% for the next.
