Panhandle Oil and Gas And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Panhandle Oil and Gas (PHX), Camden National Corporation (CAC), Vaalco Energy (EGY) are the highest payout ratio stocks on this list.

We have gathered information concerning stocks with the highest payout ratio as yet. 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 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. Panhandle Oil and Gas (PHX)

95.45% Payout Ratio

PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. It sells its products to various purchasers, including pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is based in Fort Worth, Texas.

Earnings Per Share

As for profitability, Panhandle Oil and Gas has a trailing twelve months EPS of $0.16.

PE Ratio

Panhandle Oil and Gas has a trailing twelve months price to earnings ratio of 20.31. Meaning, the purchaser of the share is investing $20.31 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 3.44%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 41%, now sitting on 30.95M for the twelve trailing months.

2. Camden National Corporation (CAC)

56.57% Payout Ratio

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Earnings Per Share

As for profitability, Camden National Corporation has a trailing twelve months EPS of $2.97.

PE Ratio

Camden National Corporation has a trailing twelve months price to earnings ratio of 12.12. Meaning, the purchaser of the share is investing $12.12 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 8.92%.

3. Vaalco Energy (EGY)

41.67% Payout Ratio

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon, West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Vaalco Energy has a trailing twelve months EPS of $0.6.

PE Ratio

Vaalco Energy has a trailing twelve months price to earnings ratio of 10.78. Meaning, the purchaser of the share is investing $10.78 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 13.92%.

Moving Average

Vaalco Energy’s worth is under its 50-day moving average of $6.47 and way higher than its 200-day moving average of $5.44.

Sales Growth

Vaalco Energy’s sales growth for the next quarter is negative 0.8%.

Volume

Today’s last reported volume for Vaalco Energy is 926382 which is 7.75% below its average volume of 1004250.

4. CNA Financial Corporation (CNA)

36.6% Payout Ratio

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products. It also provides property insurance products, such as property, marine, boiler, and machinery coverages; casualty insurance products comprising workers' compensation, general and product liability, commercial auto, and umbrella coverages; specialized loss-sensitive insurance programs and total risk management services; and run-off long term care policies. In addition, the company offers long-tail exposures comprising commercial automobile liability, workers compensation, general and medical professional liability, other professional and management liability, and assumed reinsurance run-off and products liability; and short-tail exposures, such as property, commercial automobile physical damage, marine, surety, and warranty. It markets its products through independent agents, brokers, and general underwriters to small, medium, and large businesses; insurance companies; associations; professionals; and other groups in the marine, oil and gas, construction, manufacturing, life science, property, financial services, healthcare, and technology industries. The company was founded in 1853 and is headquartered in Chicago, Illinois. CNA Financial Corporation operates as a subsidiary of Loews Corporation.

Earnings Per Share

As for profitability, CNA Financial Corporation has a trailing twelve months EPS of $4.7.

PE Ratio

CNA Financial Corporation has a trailing twelve months price to earnings ratio of 10.3. Meaning, the purchaser of the share is investing $10.3 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 13.76%.

Moving Average

CNA Financial Corporation’s value is higher than its 50-day moving average of $46.09 and way higher than its 200-day moving average of $43.84.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 9.4% and a drop 8.3% for the next.

Volume

Today’s last reported volume for CNA Financial Corporation is 356195 which is 9.31% above its average volume of 325829.

Sales Growth

CNA Financial Corporation’s sales growth is 6.6% for the ongoing quarter and negative 16.5% for the next.

5. Sealed Air Corporation (SEE)

32% Payout Ratio

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety, shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, fluids and liquids and cheese markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, LIQUIBOX, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides shrink films, bagging systems, foam, inflatable, and suspension and retention packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, Instapak, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. The company was incorporated in 1960 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Sealed Air Corporation has a trailing twelve months EPS of $2.5.

PE Ratio

Sealed Air Corporation has a trailing twelve months price to earnings ratio of 13.25. Meaning, the purchaser of the share is investing $13.25 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 68.46%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 7.8% and a negative 14.8%, 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%.

Leave a Reply

Your email address will not be published. Required fields are marked *