(VIANEWS) – New Fortress Energy (NFE), Cousins Properties Incorporated (CUZ), Manhattan Bridge Capital (LOAN) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. New Fortress Energy (NFE)
666.67% Payout Ratio
New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company, provides energy and development services to end-users worldwide. The company engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. It also supplies LNG. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; and landed micro-fuel handling facility in San Juan, Puerto Rico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
Earnings Per Share
As for profitability, New Fortress Energy has a trailing twelve months EPS of $0.51.
PE Ratio
New Fortress Energy has a trailing twelve months price to earnings ratio of 57.2. Meaning, the purchaser of the share is investing $57.2 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 5.05%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 1.34%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
New Fortress Energy’s EBITDA is 4.79.
2. Cousins Properties Incorporated (CUZ)
119.63% Payout Ratio
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.
Earnings Per Share
As for profitability, Cousins Properties Incorporated has a trailing twelve months EPS of $1.07.
PE Ratio
Cousins Properties Incorporated has a trailing twelve months price to earnings ratio of 18.67. Meaning, the purchaser of the share is investing $18.67 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 3.51%.
3. Manhattan Bridge Capital (LOAN)
110.8% Payout Ratio
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.
Earnings Per Share
As for profitability, Manhattan Bridge Capital has a trailing twelve months EPS of $0.44.
PE Ratio
Manhattan Bridge Capital has a trailing twelve months price to earnings ratio of 11.12. Meaning, the purchaser of the share is investing $11.12 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 11.71%.
Yearly Top and Bottom Value
Manhattan Bridge Capital’s stock is valued at $4.89 at 20:23 EST, way under its 52-week high of $6.14 and higher than its 52-week low of $4.80.
4. Eltek Ltd. (ELTK)
30.91% Payout Ratio
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards. It also offers high density interconnect, flex-rigid, and multi-layered boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.
Earnings Per Share
As for profitability, Eltek Ltd. has a trailing twelve months EPS of $0.57.
PE Ratio
Eltek Ltd. has a trailing twelve months price to earnings ratio of 7.08. Meaning, the purchaser of the share is investing $7.08 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 15.18%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 8, 2022, the estimated forward annual dividend rate is 0.17 and the estimated forward annual dividend yield is 4.21%.
Volume
Today’s last reported volume for Eltek Ltd. is 3822 which is 1.82% below its average volume of 3893.
