(VIANEWS) – Magellan Midstream Partners L.P. Limited Partnership (MMP), The Kraft Heinz (KHC), Territorial Bancorp (TBNK) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio up to 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 issue them.
When investigating 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. Magellan Midstream Partners L.P. Limited Partnership (MMP)
89.1% Payout Ratio
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates through Refined Products, Crude Oil, and Marine Storage segments. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. The company also owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide distribution, storage, blending, inventory management, and additive injection services for refiners, marketers, traders, and other end users of petroleum products. As of December 31, 2019, it had 9,800-mile refined products pipeline system with 53 terminals, as well as 25 independent terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 35 million barrels; and 6 marine terminals with an aggregate storage capacity of approximately 31 million barrels. Magellan Midstream Partners, L.P. was founded in 2000 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months EPS of $4.68.
PE Ratio
Magellan Midstream Partners L.P. Limited Partnership has a trailing twelve months price to earnings ratio of 13.78. Meaning, the purchaser of the share is investing $13.78 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 55.74%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 33.5% and a negative 23.3%, respectively.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 4, 2023, the estimated forward annual dividend rate is 4.19 and the estimated forward annual dividend yield is 6.55%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Magellan Midstream Partners L.P. Limited Partnership’s EBITDA is 48.78.
Moving Average
Magellan Midstream Partners L.P. Limited Partnership’s worth is higher than its 50-day moving average of $60.11 and way above its 200-day moving average of $54.11.
2. The Kraft Heinz (KHC)
81.63% Payout Ratio
The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company also offers spices and other seasonings. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, hospitals, health care facilities, and government agencies; and online through various e-commerce platforms and retailers. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 1869 and is based in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, The Kraft Heinz has a trailing twelve months EPS of $1.96.
PE Ratio
The Kraft Heinz has a trailing twelve months price to earnings ratio of 18.57. Meaning, the purchaser of the share is investing $18.57 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 4.89%.
Yearly Top and Bottom Value
The Kraft Heinz’s stock is valued at $36.40 at 20:23 EST, way below its 52-week high of $42.80 and way higher than its 52-week low of $32.73.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 2.9% and a negative 3.2%, respectively.
3. Territorial Bancorp (TBNK)
59.74% Payout Ratio
Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.
Earnings Per Share
As for profitability, Territorial Bancorp has a trailing twelve months EPS of $1.54.
PE Ratio
Territorial Bancorp has a trailing twelve months price to earnings ratio of 9.05. Meaning, the purchaser of the share is investing $9.05 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 5.38%.
Yearly Top and Bottom Value
Territorial Bancorp’s stock is valued at $13.94 at 20:23 EST, way below its 52-week high of $25.50 and way higher than its 52-week low of $9.57.
4. Simulations Plus (SLP)
48% Payout Ratio
Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide. The company offers GastroPlus, which simulates the absorption, pharmacokinetics (PK), pharmacodynamics, and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments; and MembranePlus, which simulates laboratory experiments. It also provides PKPlus, a program that provides the functionality needed by pharmaceutical industry scientists to perform the analyses and generate the outputs needed to satisfy regulatory agency requirements for noncompartmental analysis and compartmental PK modelling; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher. In addition, it offers KIWI, a cloud-based web application to organize, process, maintain, and communicate the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program; DILIsym, a quantitative systems pharmacology software; NAFLDsym, a simulation program for analyzing nonalcoholic fatty liver disease; RENAsym for investigating and predicting drug-induced or acute kidney injury; IPFsym, a software tool to treat or cure idiopathic pulmonary fibrosis; and the Monolix Suite, a solution for modeling and simulation. Further, the company provides population modeling and simulation contract research services; and clinical-pharmacology-based consulting services in support of regulatory submissions. It serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food companies, as well as academic and regulatory agencies. The company was founded in 1996 and is headquartered in Lancaster, California.
Earnings Per Share
As for profitability, Simulations Plus has a trailing twelve months EPS of $0.5.
PE Ratio
Simulations Plus has a trailing twelve months price to earnings ratio of 96.54. Meaning, the purchaser of the share is investing $96.54 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 5.99%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Simulations Plus’s EBITDA is 15.04.
Yearly Top and Bottom Value
Simulations Plus’s stock is valued at $48.27 at 20:23 EST, way below its 52-week high of $67.59 and way higher than its 52-week low of $32.58.
Moving Average
Simulations Plus’s worth is above its 50-day moving average of $44.68 and way above its 200-day moving average of $42.19.
