(VIANEWS) – Pioneer Natural Resources (PXD), NextEra Energy (NEE), Trustmark Corporation (TRMK) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio so far. 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 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. Pioneer Natural Resources (PXD)
81.72% Payout Ratio
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Pioneer Natural Resources has a trailing twelve months EPS of $29.77.
PE Ratio
Pioneer Natural Resources has a trailing twelve months price to earnings ratio of 7.3. Meaning, the purchaser of the share is investing $7.3 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 34.58%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 24.38B for the twelve trailing months.
Previous days news about Pioneer Natural Resources (PXD)
- According to Zacks on Thursday, 27 April, "Pioneer Natural Resources Company price-consensus-eps-surprise-chart | Pioneer Natural Resources Company Quote"
- Compared to estimates, pioneer natural resources (pxd) Q1 earnings: A look at key metrics. According to Zacks on Friday, 28 April, "For the quarter ended March 2023, Pioneer Natural Resources (PXD Quick QuotePXD – Free Report) reported revenue of $4.54 billion, down 26.4% over the same period last year. ", "Here is how Pioneer Natural Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:"
2. NextEra Energy (NEE)
80.95% Payout Ratio
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2022, the company had approximately 32,100 megawatts of net generating capacity; approximately 88,000 circuit miles of transmission and distribution lines; and 871 substations. It serves approximately 12 million people through approximately 5.8 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
Earnings Per Share
As for profitability, NextEra Energy has a trailing twelve months EPS of $3.2.
PE Ratio
NextEra Energy has a trailing twelve months price to earnings ratio of 23.89. Meaning, the purchaser of the share is investing $23.89 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 6.83%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.2%, now sitting on 20.96B for the twelve trailing months.
Previous days news about NextEra Energy (NEE)
- Zacks industry outlook highlights nextera energy, american electric power xcel energy and consolidated edison. According to Zacks on Friday, 28 April, "Chicago, IL - April 28, 2023 - Today, Zacks Equity Research discusses NextEra Energy (NEE Quick QuoteNEE – Free Report) , American Electric Power (AEP Quick QuoteAEP – Free Report) , Xcel Energy (XEL Quick QuoteXEL – Free Report) and Consolidated Edison (ED Quick QuoteED – Free Report) .", "NextEra Energy: Juno Beach, FL-based NextEra Energy is engaged in the generation, transmission, distribution and sale of electric energy. "
- The zacks analyst blog highlights fomento economico mexicano, nextera energy, charter communications, General Electric and incyte. According to Zacks on Friday, 28 April, "Risk in operating nuclear units, unfavorable weather conditions and an increase in supply costs adversely impact earnings.(You can read the full research report on NextEra Energy here >>>)Shares of Charter Communications have underperformed the Zacks Cable Television industry over the year-to-date period (-5.4% vs. +0.8%). "
3. Trustmark Corporation (TRMK)
78.63% Payout Ratio
Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; and treasury management services. In addition, the company provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management. Further, it offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. As of December 31, 2020, the company operated 174 full-service branches and 12 limited service branches; and 230 automated teller machines and 34 interactive teller machines. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
Earnings Per Share
As for profitability, Trustmark Corporation has a trailing twelve months EPS of $1.17.
PE Ratio
Trustmark Corporation has a trailing twelve months price to earnings ratio of 20.15. Meaning, the purchaser of the share is investing $20.15 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 4.45%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 42.6% and 7.1%, respectively.
Sales Growth
Trustmark Corporation’s sales growth is 21.3% for the ongoing quarter and 10.3% for the next.
Volume
Today’s last reported volume for Trustmark Corporation is 302114 which is 13.53% below its average volume of 349409.
4. Everest Re Group, Ltd. (RE)
42.79% Payout Ratio
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in Bermuda, Canada, Europe, South America, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors' and officers' liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers' compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Everest Re Group, Ltd. has a trailing twelve months EPS of $15.19.
PE Ratio
Everest Re Group, Ltd. has a trailing twelve months price to earnings ratio of 23.65. Meaning, the purchaser of the share is investing $23.65 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 6.43%.
Sales Growth
Everest Re Group, Ltd.’s sales growth is 16.1% for the present quarter and 12.8% for the next.
5. Ituran Location and Control Ltd. (ITRN)
30.77% Payout Ratio
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based services and wireless communications products. The company's Location-Based Services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and personal locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, service platform includes a back-office application, a telematics device installed in the vehicle, mobile apps for both IOS and Android users, as well as usage based insurance. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Wireless Communications Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. As of December 31, 2020, it served approximately 17,680,000 end-users in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, and the United States. The company was incorporated in 1994 and is headquartered in Azor, Israel.
Earnings Per Share
As for profitability, Ituran Location and Control Ltd. has a trailing twelve months EPS of $1.82.
PE Ratio
Ituran Location and Control Ltd. has a trailing twelve months price to earnings ratio of 12.02. Meaning, the purchaser of the share is investing $12.02 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 27.18%.
Moving Average
Ituran Location and Control Ltd.’s worth is below its 50-day moving average of $22.03 and under its 200-day moving average of $23.17.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6.5%, now sitting on 293.07M for the twelve trailing months.
