(VIANEWS) – Rayonier REIT (RYN), Plains Group Holdings, L.P. (PAGP), Piedmont Office Realty Trust (PDM) are the highest payout ratio stocks on this list.
We have congregated information regarding 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 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. Rayonier REIT (RYN)
154.11% Payout Ratio
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.73 million acres), U.S. Pacific Northwest (507,000 acres) and New Zealand (417,000 acres). The Company also acts as the managing member in a private equity timber fund business with three funds comprising approximately 141,000 acres. On a “look-through basis”, the Company's ownership in the timber fund business equates to approximately 17,000 acres.
Earnings Per Share
As for profitability, Rayonier REIT has a trailing twelve months EPS of $0.73.
PE Ratio
Rayonier REIT has a trailing twelve months price to earnings ratio of 40.97. Meaning, the purchaser of the share is investing $40.97 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 6.24%.
Volume
Today’s last reported volume for Rayonier REIT is 1857340 which is 322.64% above its average volume of 439456.
Yearly Top and Bottom Value
Rayonier REIT’s stock is valued at $29.91 at 08:23 EST, way under its 52-week high of $42.05 and higher than its 52-week low of $27.81.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.3%, now sitting on 909.07M for the twelve trailing months.
2. Plains Group Holdings, L.P. (PAGP)
122.09% Payout Ratio
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2019, it owned and leased assets comprising 18,535 miles of crude oil and NGL pipelines and gathering systems; 35 million barrels of above-ground tank capacity; 825 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. This segment owned and operated approximately 79 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; seven natural gas processing plants; a condensate processing facility; eight fractionation plants; 30 crude oil and NGL rail terminals; six marine facilities; and 430 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. The company offers logistics services, primarily for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Plains Group Holdings, L.P. has a trailing twelve months EPS of $0.86.
PE Ratio
Plains Group Holdings, L.P. has a trailing twelve months price to earnings ratio of 14.9. Meaning, the purchaser of the share is investing $14.9 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 8.02%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.3%, now sitting on 57.34B for the twelve trailing months.
3. Piedmont Office Realty Trust (PDM)
121.74% Payout Ratio
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
Earnings Per Share
As for profitability, Piedmont Office Realty Trust has a trailing twelve months EPS of $0.69.
PE Ratio
Piedmont Office Realty Trust has a trailing twelve months price to earnings ratio of 9.12. Meaning, the purchaser of the share is investing $9.12 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 4.68%.
4. Assured Guaranty Ltd. (AGO)
52.08% Payout Ratio
Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. The company insures and reinsures various debt obligations, including bonds issued by the United States state, governmental authorities, or municipal governmental authorities; and notes issued to finance infrastructure projects. It also insures and reinsures various types of the U.S. public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, renewable energy, and other public finance bonds; non-U.S. public finance obligations comprising regulated utilities, infrastructure finance, sovereign and sub-sovereign, renewable energy bonds, pooled infrastructure, and other public finance obligations; and the U.S. and non-U.S. Structured finance obligations, including residential mortgage-backed securities, insurance securitization obligations, consumer receivables securities, pooled corporate obligations, financial products, and other structured finance securities. In addition, the company provides asset management services comprising investment advisory services, including management of collateralized loan obligations and opportunity funds to outside investors. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in such obligations. Assured Guaranty Ltd. was founded in 2003 and is headquartered in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Assured Guaranty Ltd. has a trailing twelve months EPS of $1.92.
PE Ratio
Assured Guaranty Ltd. has a trailing twelve months price to earnings ratio of 28.06. Meaning, the purchaser of the share is investing $28.06 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 2.32%.
Yearly Top and Bottom Value
Assured Guaranty Ltd.’s stock is valued at $53.87 at 08:23 EST, way below its 52-week high of $67.13 and way above its 52-week low of $45.21.
5. First Financial Bancorp. (FFBC)
40% Payout Ratio
First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, First Financial Bancorp. has a trailing twelve months EPS of $2.3.
PE Ratio
First Financial Bancorp. has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing $8.99 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 10.12%.
Yearly Top and Bottom Value
First Financial Bancorp.’s stock is valued at $20.67 at 08:23 EST, way under its 52-week high of $26.72 and way higher than its 52-week low of $18.75.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 4.41%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 59.1% and 23.6%, respectively.
Volume
Today’s last reported volume for First Financial Bancorp. is 290714 which is 24.11% below its average volume of 383100.
