RGC Resources And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Pimco High Income Fund Pimco High Income Fund (PHK), Chesapeake Granite Wash Trust (CHKR), Plains All American Pipeline, L.P. (PAA) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio so far. 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. Pimco High Income Fund Pimco High Income Fund (PHK)

164.57% Payout Ratio

PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations. It employs fundamental analysis along with a top down stock picking approach to make its investments. PIMCO High Income Fund was formed on April 30, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pimco High Income Fund Pimco High Income Fund has a trailing twelve months EPS of $0.35.

PE Ratio

Pimco High Income Fund Pimco High Income Fund has a trailing twelve months price to earnings ratio of 13.96. Meaning, the purchaser of the share is investing $13.96 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 7.12%.

2. Chesapeake Granite Wash Trust (CHKR)

100.04% Payout Ratio

Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.

Earnings Per Share

As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.28.

PE Ratio

Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 2.21. Meaning, the purchaser of the share is investing $2.21 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 122.68%.

3. Plains All American Pipeline, L.P. (PAA)

76.12% Payout Ratio

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

Earnings Per Share

As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $1.34.

PE Ratio

Plains All American Pipeline, L.P. has a trailing twelve months price to earnings ratio of 11.26. Meaning, the purchaser of the share is investing $11.26 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 10.67%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Plains All American Pipeline, L.P.’s EBITDA is 0.38.

Yearly Top and Bottom Value

Plains All American Pipeline, L.P.’s stock is valued at $15.09 at 13:23 EST, under its 52-week high of $16.05 and way higher than its 52-week low of $11.28.

4. RGC Resources (RGCO)

69.08% Payout Ratio

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.

Earnings Per Share

As for profitability, RGC Resources has a trailing twelve months EPS of $1.14.

PE Ratio

RGC Resources has a trailing twelve months price to earnings ratio of 18.02. Meaning, the purchaser of the share is investing $18.02 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 11.66%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

RGC Resources’s EBITDA is 3.55.

Moving Average

RGC Resources’s value is way higher than its 50-day moving average of $17.08 and higher than its 200-day moving average of $19.58.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jan 15, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.89%.

5. Agnico Eagle Mines Limited (AEM)

30.89% Payout Ratio

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $5.18.

PE Ratio

Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 10.49. Meaning, the purchaser of the share is investing $10.49 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 13.96%.

Previous days news about Agnico Eagle Mines Limited (AEM)

  • According to Zacks on Tuesday, 26 December, "Agnico Eagle Mines Limited price-consensus-chart | Agnico Eagle Mines Limited Quote"

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 current quarter and the next is 1% and 1%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

1’s EBITDA is 1.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

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