(VIANEWS) – One Liberty Properties (OLP), Energy Transfer (ET), BlackRock Utility and Infrastructure Trust (BUI) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio up until now. 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 distribute 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. One Liberty Properties (OLP)
137.4% Payout Ratio
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.
Earnings Per Share
As for profitability, One Liberty Properties has a trailing twelve months EPS of $1.31.
PE Ratio
One Liberty Properties has a trailing twelve months price to earnings ratio of 14.52. Meaning, the purchaser of the share is investing $14.52 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 8.93%.
Yearly Top and Bottom Value
One Liberty Properties’s stock is valued at $19.02 at 20:23 EST, way under its 52-week high of $24.77 and higher than its 52-week low of $17.55.
Sales Growth
One Liberty Properties’s sales growth is 4.8% for the ongoing quarter and negative 17.6% for the next.
Volume
Today’s last reported volume for One Liberty Properties is 88318 which is 27.82% above its average volume of 69092.
2. Energy Transfer (ET)
92.29% Payout Ratio
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,945 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,650 miles of NGL pipeline; NGL fractionation facilities; NGL storage facilities with working storage capacity of approximately 58 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 25 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Energy Transfer has a trailing twelve months EPS of $1.2.
PE Ratio
Energy Transfer has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing $11.7 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 13.15%.
Yearly Top and Bottom Value
Energy Transfer’s stock is valued at $14.05 at 20:23 EST, below its 52-week high of $14.09 and way above its 52-week low of $11.37.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 10, 2023, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 8.97%.
Moving Average
Energy Transfer’s value is higher than its 50-day moving average of $13.44 and above its 200-day moving average of $12.88.
Revenue Growth
Year-on-year quarterly revenue growth declined by 29.4%, now sitting on 80.75B for the twelve trailing months.
Previous days news about Energy Transfer (ET)
- According to Zacks on Friday, 20 October, "Stuart Cartner has been the lead manager of MLPZX since Mar 30, 2010, and most of the fund’s exposure is in companies like Energy Transfer (14.2%), MPLX (13.7%) and Nustar Energy (8.5%) as of 5/31/2023."
3. BlackRock Utility and Infrastructure Trust (BUI)
52.8% Payout Ratio
BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors. It invests in stocks of companies across diversified market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. The fund was formerly known as BlackRock Utility and Infrastructure Trust. BlackRock Utility, Infrastructure & Power Opportunities Trust was formed on November 22, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Utility and Infrastructure Trust has a trailing twelve months EPS of $2.75.
PE Ratio
BlackRock Utility and Infrastructure Trust has a trailing twelve months price to earnings ratio of 7.15. Meaning, the purchaser of the share is investing $7.15 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 1.45 and the estimated forward annual dividend yield is 7.39%.
Yearly Top and Bottom Value
BlackRock Utility and Infrastructure Trust’s stock is valued at $19.66 at 20:23 EST, way below its 52-week high of $24.22 and higher than its 52-week low of $18.71.
4. TrustCo Bank Corp NY (TRST)
36.67% Payout Ratio
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2020, it operated 148 banking offices and 164 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
Earnings Per Share
As for profitability, TrustCo Bank Corp NY has a trailing twelve months EPS of $3.9.
PE Ratio
TrustCo Bank Corp NY has a trailing twelve months price to earnings ratio of 6.92. Meaning, the purchaser of the share is investing $6.92 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 12.23%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 24.8% and a negative 33.6%, respectively.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
