(VIANEWS) – Madison Covered Call & Equity Strategy Fund (MCN), Nustar Energy L.P. (NS), Pinnacle West Capital Corporation (PNW) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 distribute 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. Madison Covered Call & Equity Strategy Fund (MCN)
225% Payout Ratio
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Madison Covered Call & Equity Strategy Fund has a trailing twelve months EPS of $0.32.
PE Ratio
Madison Covered Call & Equity Strategy Fund has a trailing twelve months price to earnings ratio of 22.97. Meaning, the purchaser of the share is investing $22.97 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 17.45%.
2. Nustar Energy L.P. (NS)
200% Payout Ratio
NuStar Energy L.P. engages in the transportation terminalling and storage of petroleum products and renewable fuels, and transportation of anhydrous ammonia in the United States and internationally. It operates through Pipeline, Storage, and Fuels Marketing segments. The Pipeline segment engages in the transportation of refined products, crude oil, and anhydrous ammonia. Storage segment offers storage, handling, and other services for refined products, crude oil, specialty chemicals, renewable fuels, and other liquids. The Fuels Marketing segment provides bunkering operations in the Gulf Coast, and blending operations with Central East System primarily for ship owners, including cruise line companies, marketers, and traders. The company was incorporated in 1999 and is headquartered in San Antonio, Texas.
Earnings Per Share
As for profitability, Nustar Energy L.P. has a trailing twelve months EPS of $0.8.
PE Ratio
Nustar Energy L.P. has a trailing twelve months price to earnings ratio of 21.46. Meaning, the purchaser of the share is investing $21.46 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 22.72%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 6, 2023, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 9.67%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 12%, now sitting on 1.62B for the twelve trailing months.
Yearly Top and Bottom Value
Nustar Energy L.P. ‘s stock is valued at $17.17 at 02:23 EST, below its 52-week high of $18.16 and way above its 52-week low of $12.80.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 5% and 50%, respectively.
3. Pinnacle West Capital Corporation (PNW)
96.5% 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 engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. 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 $3.57.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 20.97. Meaning, the purchaser of the share is investing $20.97 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 6.99%.
4. Phibro Animal Health Corporation (PAHC)
59.26% Payout Ratio
Phibro Animal Health Corporation develops, manufactures, and supplies a range of animal health and mineral nutrition products for livestock primarily in the United States. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture. Its animal health products also comprise antibacterials that are biological or chemical products used in the animal health industry to treat or to prevent bacterial diseases; anticoccidials primarily used to prevent and control the disease coccidiosis in poultry and cattle; anthelmintics to treat infestations of parasitic intestinal worms; and anti-bloat treatment products for cattle to control bloat in animals grazing on legume or wheat-pasture. In addition, the company offers nutritional specialty products, which enhance nutrition to help improve health and performance; and vaccines to prevent diseases primarily for the poultry and swine markets. Further, it manufactures and markets formulations and concentrations of trace minerals, such as zinc, manganese, copper, iron, and other compounds; and various specialty ingredients for use in the personal care, industrial chemical, and chemical catalyst industries. The company sells its animal health and mineral nutrition products through local sales offices to integrated poultry, swine, and cattle integrators, as well as through commercial animal feed manufacturers, wholesalers, and distributors. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Philipp Brothers Chemicals, Inc. and changed its name to Phibro Animal Health Corporation in July 2003. Phibro Animal Health Corporation was incorporated in 2014 and is headquartered in Teaneck, New Jersey.
Earnings Per Share
As for profitability, Phibro Animal Health Corporation has a trailing twelve months EPS of $0.81.
PE Ratio
Phibro Animal Health Corporation has a trailing twelve months price to earnings ratio of 15.69. Meaning, the purchaser of the share is investing $15.69 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 11.97%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 4, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 3.82%.
Moving Average
Phibro Animal Health Corporation’s value is way below its 50-day moving average of $14.57 and way below its 200-day moving average of $14.48.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 9.5% and a drop 11.8% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.1%, now sitting on 977.89M for the twelve trailing months.
5. Brookline Bancorp (BRKL)
48.2% Payout Ratio
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Brookline Bancorp has a trailing twelve months EPS of $1.11.
PE Ratio
Brookline Bancorp has a trailing twelve months price to earnings ratio of 8.24. Meaning, the purchaser of the share is investing $8.24 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 8.38%.
Sales Growth
Brookline Bancorp’s sales growth is 11% for the ongoing quarter and 7.2% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 30.8% and a negative 30.8%, respectively.
Moving Average
Brookline Bancorp’s value is under its 50-day moving average of $9.81 and way below its 200-day moving average of $11.06.
Volume
Today’s last reported volume for Brookline Bancorp is 238274 which is 52.37% below its average volume of 500274.
6. Sirius XM Holdings (SIRI)
31.52% Payout Ratio
Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. It operates through Sirius XM, and Pandora and Off-platform segment. The company's Sirius XM segment provides music, sports, entertainment, comedy, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio system and streamed via applications for mobile and home devices, and other consumer electronic equipment. Its Pandora and Off-platform segment operates music and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices. In addition, the company offers podcasts including true crime to politics, sports, comedy, and other podcasts under Stitcher brand. Further, it distributes satellite radios through automakers and retailers, as well as its website. The company also provides location-based services through two-way wireless connectivity, including safety, security, convenience, remote vehicles diagnostic, maintenance and data, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; and real-time traffic and weather services, as well as music programming and commercial-free music services for commercial, office, restaurants, and other business. The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.
Earnings Per Share
As for profitability, Sirius XM Holdings has a trailing twelve months EPS of $0.3.
PE Ratio
Sirius XM Holdings has a trailing twelve months price to earnings ratio of 14.02. Meaning, the purchaser of the share is investing $14.02 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 6, 2023, the estimated forward annual dividend rate is 0.1 and the estimated forward annual dividend yield is 2.27%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 33.3% and a drop 11.1% for the next.
Sales Growth
Sirius XM Holdings’s sales growth is 0.5% for the current quarter and 1.8% for the next.
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%.
