(VIANEWS) – Suburban Propane Partners, L.P. (SPH), Intercontinental Hotels Group (IHG), Verizon (VZ) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue 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. Suburban Propane Partners, L.P. (SPH)
90.91% Payout Ratio
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 24, 2022, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 42 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.
Earnings Per Share
As for profitability, Suburban Propane Partners, L.P. has a trailing twelve months EPS of $1.43.
PE Ratio
Suburban Propane Partners, L.P. has a trailing twelve months price to earnings ratio of 10.34. Meaning, the purchaser of the share is investing $10.34 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 15.62%.
Sales Growth
Suburban Propane Partners, L.P.’s sales growth is negative 10.1% for the current quarter and negative 0.8% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 57.9% and a drop 1000% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 30, 2023, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 8.7%.
Yearly Top and Bottom Value
Suburban Propane Partners, L.P.’s stock is valued at $14.78 at 14:23 EST, way below its 52-week high of $17.62 and above its 52-week low of $14.40.
2. Intercontinental Hotels Group (IHG)
63.01% Payout Ratio
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels, resorts, restaurants, and spas under the InterContinental Hotels & Resorts, Regent, Six Senses, Kimpton Hotels & Restaurants, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Voco, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, avid, Staybridge Suites, Atwell Suites, and Candlewood Suites brand names. It also provides IHG Rewards Club, a hotel loyalty program. As of February 28, 2020, the company had approximately 5,900 hotels and 884,000 rooms in approximately 100 countries. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Denham, the United Kingdom.
Earnings Per Share
As for profitability, Intercontinental Hotels Group has a trailing twelve months EPS of $2.04.
PE Ratio
Intercontinental Hotels Group has a trailing twelve months price to earnings ratio of 33.25. Meaning, the purchaser of the share is investing $33.25 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 2.24 and the estimated forward annual dividend yield is 3.31%.
Moving Average
Intercontinental Hotels Group’s worth is higher than its 50-day moving average of $67.73 and above its 200-day moving average of $61.76.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.2%, now sitting on 3.06B for the twelve trailing months.
3. Verizon (VZ)
50.54% Payout Ratio
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Verizon has a trailing twelve months EPS of $5.14.
PE Ratio
Verizon has a trailing twelve months price to earnings ratio of 7.01. Meaning, the purchaser of the share is investing $7.01 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 24.59%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 136.19B for the twelve trailing months.
Volume
Today’s last reported volume for Verizon is 5975700 which is 68.3% below its average volume of 18855300.
4. MSCI (MSCI)
45.1% Payout Ratio
MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, and service that provides an integrated view of risk and return, and an analysis of market, credit, liquidity, and counterparty risk across asset classes; managed services, including consolidation of client portfolio data from various sources, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The ESG and Climate segment provides products and services that help institutional investors understand how ESG factors impact the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to help investors navigate increasing regulation. The All Other – Private Assets segment includes real estate market and transaction data, benchmarks, return-analytics, climate assessments and market insights for funds, investors, and managers; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. It serves asset owners and managers, financial intermediaries, wealth managers, real estate professionals, and corporates. MSCI Inc. was incorporated in 1998 and is headquartered in New York, New York.
Funds such as Technology Select Sector SPDR Fund (XLK Quick QuoteXLK – Free Report) , Vanguard Information Technology ETF (VGT Quick QuoteVGT – Free Report) , MSCI Information Technology Index ETF (FTEC Quick QuoteFTEC – Free Report) and iShares US Technology ETF (IYW Quick QuoteIYW – Free Report) have Apple as the top or second firm with a double-digit allocation and carry a Zacks Rank #2 (Buy)., It currently tracks the MSCI US Investable Market Information Technology 25/50 Index.
Earnings Per Share
As for profitability, MSCI has a trailing twelve months EPS of $10.9.
PE Ratio
MSCI has a trailing twelve months price to earnings ratio of 41.64. Meaning, the purchaser of the share is investing $41.64 for every dollar of annual earnings.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MSCI’s EBITDA is 18.1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 2.28B for the twelve trailing months.
Yearly Top and Bottom Value
MSCI’s stock is valued at $453.84 at 14:23 EST, way below its 52-week high of $572.50 and way above its 52-week low of $379.63.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 5.52 and the estimated forward annual dividend yield is 1.17%.
Previous days news about MSCI (MSCI)
- According to FXStreet on Tuesday, 23 May, "Lower levels of volatility go hand-in-hand with a slightly more constructive risk environment, where the MSCI World equity index is edging up to the highs of the year."
- According to Zacks on Tuesday, 23 May, "Global X MSCI Greece ETF (GREK Quick QuoteGREK – Free Report) was up 7.5% on May 22."
- According to Zacks on Tuesday, 23 May, "To learn more about DXJ, the Xtrackers MSCI Japan Hedged Equity ETF (DBJP Quick QuoteDBJP – Free Report) and the JPMorgan BetaBuilders Japan ETF (BBJP Quick QuoteBBJP – Free Report) , please watch the short video above."
5. Targa Resources (TRGP)
36.36% Payout Ratio
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2022, it leased and managed approximately 606 railcars; 122 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $3.85.
PE Ratio
Targa Resources has a trailing twelve months price to earnings ratio of 18.64. Meaning, the purchaser of the share is investing $18.64 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 41.79%.
Yearly Top and Bottom Value
Targa Resources’s stock is valued at $71.76 at 14:23 EST, way below its 52-week high of $80.40 and way higher than its 52-week low of $55.56.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.81%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 16.8% and positive 73.8% for the next.
Moving Average
Targa Resources’s value is under its 50-day moving average of $72.40 and higher than its 200-day moving average of $71.23.
6. Eagle Bancorp Montana (EBMT)
35.13% Payout Ratio
Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts. The company also provides 1-4 family residential mortgage loans, such as residential mortgages and construction of residential properties; commercial real estate loans, including multi-family dwellings, nonresidential property, commercial construction and development, and farmland loans; and second mortgage/home equity loans. In addition, it offers consumer loans, such as loans secured by collateral other than real estate, such as automobiles, recreational vehicles, and boats; personal loans and lines of credit; commercial business loans consisting of business loans and lines of credit on a secured and unsecured basis; construction loans; agricultural loans; and mortgage loan services. The company operates 23 full-service branches, 1 community banking office, and 25 automated teller machines. Eagle Bancorp Montana, Inc. was founded in 1922 and is headquartered in Helena, Montana.
Earnings Per Share
As for profitability, Eagle Bancorp Montana has a trailing twelve months EPS of $1.52.
PE Ratio
Eagle Bancorp Montana has a trailing twelve months price to earnings ratio of 8.17. Meaning, the purchaser of the share is investing $8.17 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 7.62%.
Volume
Today’s last reported volume for Eagle Bancorp Montana is 6958 which is 23.58% below its average volume of 9106.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 4.4%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 89.18M for the twelve trailing months.
Yearly Top and Bottom Value
Eagle Bancorp Montana’s stock is valued at $12.42 at 14:23 EST, way under its 52-week high of $20.60 and above its 52-week low of $11.85.
