(VIANEWS) – Enterprise Products (EPD), Fulton Financial Corporation (FULT), Logitech (LOGI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee 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 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. Enterprise Products (EPD)
78.57% Payout Ratio
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of approximately 250 tractor-trailer tank trucks that are used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation facilities, including propylene fractionation units and propane dehydrogenation facilities, and related marketing activities; butane isomerization complex and related deisobutanizer operations; and octane enhancement, isobutane dehydrogenation, and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals; and provides refined products marketing and marine transportation services. Enterprise Products Partners L.P. was founded in 1968 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Enterprise Products has a trailing twelve months EPS of $2.52.
PE Ratio
Enterprise Products has a trailing twelve months price to earnings ratio of 11.37. Meaning, the purchaser of the share is investing $11.37 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 20%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jan 30, 2024, the estimated forward annual dividend rate is 2.01 and the estimated forward annual dividend yield is 7.16%.
Yearly Top and Bottom Value
Enterprise Products’s stock is valued at $28.64 at 14:23 EST, higher than its 52-week high of $28.26.
2. Fulton Financial Corporation (FULT)
39.02% Payout Ratio
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.7.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 9.5. Meaning, the purchaser of the share is investing $9.5 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 10.65%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 29, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 4.36%.
Sales Growth
Fulton Financial Corporation’s sales growth is negative 8.3% for the present quarter and negative 5% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 2.6% and a negative 17.4%, respectively.
Moving Average
Fulton Financial Corporation’s worth is above its 50-day moving average of $15.83 and way above its 200-day moving average of $13.81.
Previous days news about Fulton Financial Corporation (FULT)
- According to Zacks on Wednesday, 13 March, "A couple of other top-ranked stocks from the banking space are Zions Bancorporation (ZION Quick QuoteZION – Free Report) and Fulton Financial Corporation (FULT Quick QuoteFULT – Free Report) . "
3. Logitech (LOGI)
37.74% Payout Ratio
Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mice, headsets, and simulation products, such as gamepads, steering wheels, simulation controllers, console gaming headsets, and streamlabs services; video conferencing products, such as ConferenceCams, which combine enterprise-quality audio and high-definition video to bring video conferencing to businesses of any size; webcams and headsets that turn desktop into collaboration space; and controller for video conferencing room solutions. In addition, the company offers portable wireless Bluetooth and Wi-Fi connected speakers, mobile speakers, PC speakers, PC headsets, microphones, in-ear headphones, and wireless audio wearables. Its channel network includes consumer electronics distributors, retailers, e-tailers, computer and telecommunications stores, value-added resellers, and online merchants. The company sells its products under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, and Ultimate Ears brands. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.
Earnings Per Share
As for profitability, Logitech has a trailing twelve months EPS of $3.07.
PE Ratio
Logitech has a trailing twelve months price to earnings ratio of 30.58. Meaning, the purchaser of the share is investing $30.58 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 21.85%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 4.25B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Logitech’s EBITDA is 2.99.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 25, 2023, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 1.28%.
Sales Growth
Logitech’s sales growth for the current quarter is negative 0.9%.
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.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
