(VIANEWS) – National Oilwell Varco (NOV), Altra Industrial Motion Corp. (AIMC), VOC Energy Trust Units of Beneficial Interest (VOC) 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 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. National Oilwell Varco (NOV)
1000% Payout Ratio
National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The company offers various equipment and technologies used to perform drilling operations. It also provides solids control and waste management equipment and services; drilling fluids; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation, and measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including pressure pumping trucks, blenders, sanders, hydration units, injection units, flowline, and manifolds; well intervention, such as coiled tubing units, coiled tubing, and wireline units, as well as blowout preventers and tools; onshore production comprising fluid processing systems, composite pipes, surface transfer and progressive cavity pumps, and artificial lift systems; offshore production that include fluid processing systems, floating production systems, and subsea production technologies; and connectors for conductor pipes. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; blowout preventers; drives and generators; rig instrumentation and control systems; equipment components for offshore wind construction vessels; mooring, anchor, and deck handling machinery; and pipelay and construction systems. The company offers spare parts, repair, and rentals, as well as remote equipment monitoring, technical support, field service, and customer training services. National Oilwell Varco, Inc. was founded in 1862 and is based in Houston, Texas.
Earnings Per Share
As for profitability, National Oilwell Varco has a trailing twelve months EPS of $0.02.
PE Ratio
National Oilwell Varco has a trailing twelve months price to earnings ratio of 1213.5. Meaning,
the purchaser of the share is investing $1213.5 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 0.26%.
Sales Growth
National Oilwell Varco’s sales growth is 28.9% for the present quarter and 22.9% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
National Oilwell Varco’s EBITDA is 47.27.
2. Altra Industrial Motion Corp. (AIMC)
130.77% Payout Ratio
Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion-related applications, and high-volume manufacturing and non-manufacturing processes. It operates in two segments, Power Transmission Technologies (PTT) and Automation & Specialty (A&S). The PTT segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, universal joints, mill spindles, and shaft locking devices under the Ameridrives, Bibby, Guardian, Huco, Lamiflex, Stromag, and TB Wood's brands; clutches and brakes under the Industrial Clutch, Formsprag, Stieber, Stromag, Svendborg, Twiflex, and Wichita brands; electromagnetic clutches and brakes under the Inertia Dynamics, Matrix, Stromag, and Warner Electric brands; and gears under the Bauer Gear Motor, Boston Gear, Delroyd, and Nuttall brands. The A&S segment provides rotary precision motion solutions, including servo and stepper motors, precision linear actuators, and electronic drives and motion controllers, as well as related software under the Kollmorgen brand; and miniature motors, and motion control products, such as brush and brushless DC, can stack, and disc magnet motors under the Portescap brand. This segment also offers linear bearings, guides, glides, lead and ball screws, industrial linear actuators, resolvers, and inductors for the transition of rotary motion to linear motion under the Thomson brand. It serves in North America, the rest of Europe, Germany, China, the rest of Asia, and internationally. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.
Earnings Per Share
As for profitability, Altra Industrial Motion Corp. has a trailing twelve months EPS of $0.26.
PE Ratio
Altra Industrial Motion Corp. has a trailing twelve months price to earnings ratio of 235.5. Meaning,
the purchaser of the share is investing $235.5 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 0.86%.
3. VOC Energy Trust Units of Beneficial Interest (VOC)
100% Payout Ratio
VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2020, its underlying properties had interests in 470.3 net producing wells and 84,332 net acres; and had proved reserves of approximately 3.1 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 3.1 MMBoe attributable to the Texas underlying properties. VOC Energy Trust was incorporated in 2010 and is based in Houston, Texas.
Earnings Per Share
As for profitability, VOC Energy Trust Units of Beneficial Interest has a trailing twelve months EPS of $1.11.
PE Ratio
VOC Energy Trust Units of Beneficial Interest has a trailing twelve months price to earnings ratio of 7.46. Meaning,
the purchaser of the share is investing $7.46 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 119.11%.
Moving Average
VOC Energy Trust Units of Beneficial Interest’s worth is way under its 50-day moving average of $9.79 and above its 200-day moving average of $8.06.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 26, 2023, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 14.76%.
4. Atlantic Union Bankshares Corporation (AUB)
42.7% Payout Ratio
Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, the company offers securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 16, 2021, it operated 129 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Atlantic Union Bankshares Corporation has a trailing twelve months EPS of $2.67.
PE Ratio
Atlantic Union Bankshares Corporation has a trailing twelve months price to earnings ratio of 13.69. Meaning,
the purchaser of the share is investing $13.69 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 8.51%.
Sales Growth
Atlantic Union Bankshares Corporation’s sales growth is 7.5% for the present quarter and 19.9% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 8, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 3.3%.
Yearly Top and Bottom Value
Atlantic Union Bankshares Corporation’s stock is valued at $36.55 at 07:23 EST, way under its 52-week high of $42.00 and way higher than its 52-week low of $30.26.
5. Shutterstock (SSTK)
39.91% Payout Ratio
Shutterstock, Inc., a technology company, provides content, and tools and services in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement digital imagery. The company provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Select, Shutterstock Custom, Shutterstock Editorial, Offset, PremiumBeat brand names, as well as Application programming interface, and Editor and Editor Pro tools to enhance workflow and project management needs, and search capabilities. It serves marketing professionals and organizations, media and broadcast companies, and small and medium-sized businesses through online platform. Shutterstock, Inc. has a strategic alliance with Wochit, Inc. to share technology for enterprise video creation. The company was founded in 2003 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Shutterstock has a trailing twelve months EPS of $2.33.
PE Ratio
Shutterstock has a trailing twelve months price to earnings ratio of 33.83. Meaning,
the purchaser of the share is investing $33.83 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 18.98%.
Moving Average
Shutterstock’s worth is way above its 50-day moving average of $56.05 and way higher than its 200-day moving average of $57.39.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 23.4% and a drop 17% for the next.
