(VIANEWS) – Ritchie Bros. Auctioneers Incorporated (RBA), BlackRock Utility and Infrastructure Trust (BUI), Chesapeake Utilities Corporation (CPK) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. Ritchie Bros. Auctioneers Incorporated (RBA)
103.85% Payout Ratio
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Earnings Per Share
As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $1.04.
PE Ratio
Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 73.79. Meaning, the purchaser of the share is investing $73.79 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 6.06%.
2. BlackRock Utility and Infrastructure Trust (BUI)
52.8% Payout Ratio
BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors. It invests in stocks of companies across diversified market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. The fund was formerly known as BlackRock Utility and Infrastructure Trust. BlackRock Utility, Infrastructure & Power Opportunities Trust was formed on November 22, 2011 and is domiciled in the United States.
Earnings Per Share
As for profitability, BlackRock Utility and Infrastructure Trust has a trailing twelve months EPS of $2.75.
PE Ratio
BlackRock Utility and Infrastructure Trust has a trailing twelve months price to earnings ratio of 7.54. Meaning, the purchaser of the share is investing $7.54 for every dollar of annual earnings.
Moving Average
BlackRock Utility and Infrastructure Trust’s value is under its 50-day moving average of $21.31 and below its 200-day moving average of $21.31.
Yearly Top and Bottom Value
BlackRock Utility and Infrastructure Trust’s stock is valued at $20.73 at 13:23 EST, way below its 52-week high of $24.22 and way above its 52-week low of $18.73.
3. Chesapeake Utilities Corporation (CPK)
48.73% Payout Ratio
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.73.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 21.39. Meaning, the purchaser of the share is investing $21.39 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 8.39%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 5.4% and 4.4%, respectively.
Volume
Today’s last reported volume for Chesapeake Utilities Corporation is 95968 which is 45.31% below its average volume of 175508.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Chesapeake Utilities Corporation’s EBITDA is 5.43.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 2.33%.
4. New Residential Investment (NRZ)
42.6% Payout Ratio
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.
5. CONMED Corporation (CNMD)
39.22% Payout Ratio
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures worldwide. It offers orthopedic surgery products, including sports medicine products comprising powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, and metal and bioabsorbable implants, as well as related disposable products and fluid management systems; powered surgical instruments for use in bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries; sports biologics and tissue products; and surgical visualization products. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including diagnostic and therapeutic products for use in gastroenterology procedures, and products for the treatment of diseases of the biliary structures, as well as cardiac monitoring products comprising ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.
Earnings Per Share
As for profitability, CONMED Corporation has a trailing twelve months EPS of $2.04.
PE Ratio
CONMED Corporation has a trailing twelve months price to earnings ratio of 40.6. Meaning, the purchaser of the share is investing $40.6 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 8.16%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 1%.
Yearly Top and Bottom Value
CONMED Corporation’s stock is valued at $82.83 at 13:23 EST, way below its 52-week high of $138.47 and higher than its 52-week low of $78.95.
Volume
Today’s last reported volume for CONMED Corporation is 380001 which is 29.73% below its average volume of 540849.
Moving Average
CONMED Corporation’s value is way under its 50-day moving average of $96.02 and way under its 200-day moving average of $108.71.
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%.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
