(VIANEWS) – New Fortress Energy (NFE), Eaton Vance Tax (EXG), Republic Services (RSG) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. New Fortress Energy (NFE)
179.89% Payout Ratio
New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU), and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; FRSU in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
Earnings Per Share
As for profitability, New Fortress Energy has a trailing twelve months EPS of $1.95.
PE Ratio
New Fortress Energy has a trailing twelve months price to earnings ratio of 15.67. Meaning, the purchaser of the share is investing $15.67 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 21.73%.
2. Eaton Vance Tax (EXG)
163.42% Payout Ratio
Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund also invests through derivatives. It also writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Managed Global Diversified Equity Income Fund was formed on February 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $0.46.
PE Ratio
Eaton Vance Tax has a trailing twelve months price to earnings ratio of 17. Meaning, the purchaser of the share is investing $17 for every dollar of annual earnings.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 20, 2023, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 8.49%.
Moving Average
Eaton Vance Tax’s value is below its 50-day moving average of $7.88 and higher than its 200-day moving average of $7.79.
Yearly Top and Bottom Value
Eaton Vance Tax’s stock is valued at $7.82 at 08:23 EST, under its 52-week high of $8.63 and way above its 52-week low of $7.09.
Volume
Today’s last reported volume for Eaton Vance Tax is 466610 which is 9.09% below its average volume of 513282.
3. Republic Services (RSG)
39.84% Payout Ratio
Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors. The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers. As of December 31, 2022, the company operated through 353 collection operations, 233 transfer stations, 206 active landfills, 71 recycling centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states; and 20 treatment, storage, and disposal facilities. It also operates 73 landfill gas-to-energy and renewable energy projects, and 12 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
Earnings Per Share
As for profitability, Republic Services has a trailing twelve months EPS of $4.97.
PE Ratio
Republic Services has a trailing twelve months price to earnings ratio of 30.3. Meaning, the purchaser of the share is investing $30.3 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 16.22%.
Sales Growth
Republic Services’s sales growth is 7.9% for the current quarter and 6% for the next.
Volume
Today’s last reported volume for Republic Services is 496016 which is 53.15% below its average volume of 1058790.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 14.43B for the twelve trailing months.
Yearly Top and Bottom Value
Republic Services’s stock is valued at $150.60 at 08:23 EST, under its 52-week high of $156.65 and way higher than its 52-week low of $120.58.
4. ChoiceOne Financial Services (COFS)
33.23% Payout Ratio
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
Earnings Per Share
As for profitability, ChoiceOne Financial Services has a trailing twelve months EPS of $3.1.
PE Ratio
ChoiceOne Financial Services has a trailing twelve months price to earnings ratio of 7.55. Meaning, the purchaser of the share is investing $7.55 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 13.5%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.5%, now sitting on 81.73M for the twelve trailing months.
Volume
Today’s last reported volume for ChoiceOne Financial Services is 37035 which is 55.21% above its average volume of 23861.
Yearly Top and Bottom Value
ChoiceOne Financial Services’s stock is valued at $23.39 at 08:23 EST, way under its 52-week high of $29.99 and way higher than its 52-week low of $20.33.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 4.55%.
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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
