(VIANEWS) – Mesa Royalty Trust (MTR), Royalty Pharma (RPRX), BlackRock (BLK) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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. Mesa Royalty Trust (MTR)
96.39% Payout Ratio
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. It has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of New Mexico and Colorado. The company was founded in 1979 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $0.3.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 54.46. Meaning, the purchaser of the share is investing $54.46 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 110.83%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 29, 2023, the estimated forward annual dividend rate is 1.95 and the estimated forward annual dividend yield is 11.38%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3449240%, now sitting on 3.26M for the twelve trailing months.
Volume
Today’s last reported volume for Mesa Royalty Trust is 10850 which is 60.94% below its average volume of 27783.
2. Royalty Pharma (RPRX)
64.91% Payout Ratio
Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovations in the biopharmaceutical industry in the United States. It is also involved in the identification, evaluation, and acquisition of royalties on various biopharmaceutical therapies. In addition, the company collaborates with innovators from academic institutions, research hospitals and not-for-profits, small and mid-cap biotechnology companies, and pharmaceutical companies. Its portfolio consists of royalties on approximately 35 marketed therapies and 10 development-stage product candidates that address various therapeutic areas, such as rare disease, cancer, neurology, infectious disease, hematology, and diabetes. The company was founded in 1996 and is based in New York, New York.
Earnings Per Share
As for profitability, Royalty Pharma has a trailing twelve months EPS of $1.93.
PE Ratio
Royalty Pharma has a trailing twelve months price to earnings ratio of 18.63. Meaning, the purchaser of the share is investing $18.63 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 8.59%.
3. BlackRock (BLK)
57.46% Payout Ratio
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
Earnings Per Share
As for profitability, BlackRock has a trailing twelve months EPS of $34.51.
PE Ratio
BlackRock has a trailing twelve months price to earnings ratio of 19.34. Meaning, the purchaser of the share is investing $19.34 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 12.97%.
Previous days news about BlackRock (BLK)
- 4 reasons to add BlackRock (blk) stock to your portfolio now. According to Zacks on Monday, 3 April, "A few other aspects that make BlackRock an attractive investment option right now are mentioned below.", "Inorganic Growth Efforts: Supported by a solid balance sheet position, BlackRock has expanded inorganically, which bodes well for the future. "
- According to Zacks on Monday, 3 April, "Keeping this in mind, the company has partnered with BlackRock and Blackstone, revamping its investment management strategies and structures. ", "The company has also benefited from BlackRock and Blackstone’s investment expertise and technology platforms, which is expected to reap benefits in the form of improved performance in the future."
4. Atmos Energy Corporation (ATO)
49.2% Payout Ratio
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates in two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2020, it owned 71,558 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2020, it owned 5,684 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Atmos Energy Corporation has a trailing twelve months EPS of $5.15.
PE Ratio
Atmos Energy Corporation has a trailing twelve months price to earnings ratio of 21.25. Meaning, the purchaser of the share is investing $21.25 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 8.79%.
Volume
Today’s last reported volume for Atmos Energy Corporation is 945280 which is 15.13% above its average volume of 821006.
Previous days news about Atmos Energy Corporation (ATO)
- According to Zacks on Monday, 3 April, "A few other top-ranked stocks from the same industry are New Jersey Resources (NJR Quick QuoteNJR – Free Report) , Atmos Energy Corporation (ATO Quick QuoteATO – Free Report) and Spire, Inc. (SR Quick QuoteSR – Free Report) , each holding a Zacks Rank #2 at present."
5. Royal Bank Of Canada (RY)
44.85% Payout Ratio
Royal Bank of Canada operates as a diversified financial service company in Canada, the United States, the Caribbean, and internationally. The company operates through five segments: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury, and Capital Markets. The Personal & Commercial Banking segment engages in the personal and corporate banking operations and retail investment businesses. The Wealth Management segment offers investment, trust, and other wealth management solutions and businesses that provide asset management products and services through RBC distribution channels and third-party distributors. The Insurance segment provides a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business, and group clients. The Investor & Treasury segment offers custodial, advisory, financing, and other services to institutional investors. The Capital Markets segment provides a range of capital market products and services in corporate and investment banking and global markets. The company was founded in 1864 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Royal Bank Of Canada has a trailing twelve months EPS of $6.58.
PE Ratio
Royal Bank Of Canada has a trailing twelve months price to earnings ratio of 14.83. Meaning, the purchaser of the share is investing $14.83 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 15.28%.
Sales Growth
Royal Bank Of Canada’s sales growth is 1.5% for the current quarter and 16.8% for the next.
Volume
Today’s last reported volume for Royal Bank Of Canada is 599934 which is 31.12% below its average volume of 871022.
