Permian Basin Royalty Trust And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Alico (ALCO), Enpro Industries (NPO), Permian Basin Royalty Trust (PBT) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up until now. The payout ratio in itself isn’t a guarantee of a future 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 is a list of some companies with an above 30% payout ratio.

1. Alico (ALCO)

121.21% Payout Ratio

Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets. The Land Management and Other Operations segment owns and manages land in Collier, Glades, and Hendry Counties; and leasing of land for recreational and grazing purposes, conservation, and mining activities. As of September 30, 2021, it owned 83,000 acres of land situated in eight counties in Florida, which include the Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was founded in 1960 and is headquartered in Fort Myers, Florida.

Earnings Per Share

As for profitability, Alico has a trailing twelve months EPS of $-2.67.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.96%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.74%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 71.9%, now sitting on 40.2M for the twelve trailing months.

2. Enpro Industries (NPO)

114.14% Payout Ratio

EnPro Industries, Inc. design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic seals, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries. The Advanced Surface Technologies segment offers cleaning, coating, testing, refurbishment, and verification services for critical components and assemblies used in semiconductor manufacturing equipment, as well as for critical applications in the space, aerospace, and defense markets; and specialized optical filters and thin-film coatings for various applications in the industrial technology, life sciences, and semiconductor markets. EnPro Industries, Inc. was incorporated in 2002 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Enpro Industries has a trailing twelve months EPS of $-2.02.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.62%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.5%, now sitting on 1.08B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 2% and a negative 12.8%, respectively.

Sales Growth

Enpro Industries’s sales growth is negative 3% for the ongoing quarter and negative 1.7% for the next.

3. Permian Basin Royalty Trust (PBT)

100.2% Payout Ratio

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Permian Basin Royalty Trust has a trailing twelve months EPS of $0.62.

PE Ratio

Permian Basin Royalty Trust has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing $29.42 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 12333%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 87.8%, now sitting on 30.08M for the twelve trailing months.

Moving Average

Permian Basin Royalty Trust’s worth is below its 50-day moving average of $20.21 and way under its 200-day moving average of $23.05.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Permian Basin Royalty Trust’s EBITDA is 27.99.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Oct 29, 2023, the estimated forward annual dividend rate is 0.46 and the estimated forward annual dividend yield is 2.52%.

4. KeyCorp (KEY)

66.67% Payout Ratio

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.

Earnings Per Share

As for profitability, KeyCorp has a trailing twelve months EPS of $1.23.

PE Ratio

KeyCorp has a trailing twelve months price to earnings ratio of 9.78. Meaning, the purchaser of the share is investing $9.78 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 9.7%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 27, 2023, the estimated forward annual dividend rate is 0.82 and the estimated forward annual dividend yield is 8.27%.

Yearly Top and Bottom Value

KeyCorp’s stock is valued at $12.03 at 16:23 EST, way under its 52-week high of $20.30 and way higher than its 52-week low of $8.54.

5. Ebix (EBIX)

46.88% Payout Ratio

Ebix, Inc., together with its subsidiaries, provides on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, cash remittance, and healthcare industries in the United States and internationally. The company develops and deploys insurance and reinsurance exchanges on an on-demand basis using software-as-a-service (SaaS) enterprise solutions in the areas of customer relationship management, front-end and back-end systems, and outsourced administrative and risk compliance solutions. Its EbixCash exchange related products and services include gift cards; travel exchanges services; money transfer services; foreign exchange and outward remittance services; consumer payment services; and on-demand technology to various providers in the areas of lending, wealth and asset management, and travel. The company's insurance exchanges related products and services include SaaS platform and related services; licensing of software; and professional services comprising setup, customization, training, or consulting. Its risk compliance services cover certificates of insurance creation and tracking; consulting services, such as project management, integration, development, and testing; and business process outsourcing services, including domain intensive project management, system consulting services, and claims adjudication/settlement services. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Johns Creek, Georgia.

Earnings Per Share

As for profitability, Ebix has a trailing twelve months EPS of $0.16.

PE Ratio

Ebix has a trailing twelve months price to earnings ratio of 28.75. Meaning, the purchaser of the share is investing $28.75 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 0.49%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ebix’s EBITDA is 0.97.

Volume

Today’s last reported volume for Ebix is 901066 which is 55.25% below its average volume of 2013780.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 1, 2022, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 5.83%.

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 *