(VIANEWS) – Stag Industrial (STAG), Newtek Business Services Corp. (NEWT), Middlesex Water Company (MSEX) 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 guarantee 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. Stag Industrial (STAG)
145.3% Payout Ratio
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.
Earnings Per Share
As for profitability, Stag Industrial has a trailing twelve months EPS of $1.01.
PE Ratio
Stag Industrial has a trailing twelve months price to earnings ratio of 38.2. Meaning, the purchaser of the share is investing $38.2 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 5.29%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 694.86M for the twelve trailing months.
Moving Average
Stag Industrial’s value is higher than its 50-day moving average of $36.46 and above its 200-day moving average of $35.46.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 1.47 and the estimated forward annual dividend yield is 3.77%.
2. Newtek Business Services Corp. (NEWT)
122.77% Payout Ratio
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.
Earnings Per Share
As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.01.
PE Ratio
Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 12.66. Meaning, the purchaser of the share is investing $12.66 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 8.51%.
Sales Growth
Newtek Business Services Corp.’s sales growth is 174.4% for the current quarter and 44.6% for the next.
Yearly Top and Bottom Value
Newtek Business Services Corp.’s stock is valued at $12.79 at 01:23 EST, way under its 52-week high of $20.83 and way higher than its 52-week low of $10.75.
3. Middlesex Water Company (MSEX)
67.93% Payout Ratio
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $1.84.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 33.45. Meaning, the purchaser of the share is investing $33.45 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 8.01%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 14, 2023, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 2.11%.
Yearly Top and Bottom Value
Middlesex Water Company’s stock is valued at $61.55 at 01:23 EST, way under its 52-week high of $90.56 and higher than its 52-week low of $60.02.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Middlesex Water Company’s EBITDA is 73.56.
4. AllianceBernstein National Municipalome Fund (AFB)
66.58% Payout Ratio
Earnings Per Share
As for profitability, AllianceBernstein National Municipalome Fund has a trailing twelve months EPS of $-0.1.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.38%.
Volume
Today’s last reported volume for AllianceBernstein National Municipalome Fund is 110262 which is 44.67% above its average volume of 76216.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 24.69M for the twelve trailing months.
Moving Average
AllianceBernstein National Municipalome Fund’s worth is above its 50-day moving average of $10.21 and higher than its 200-day moving average of $10.32.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 3, 2024, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 3.59%.
5. Devon Energy (DVN)
58.77% Payout Ratio
Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, Devon Energy has a trailing twelve months EPS of $5.87.
PE Ratio
Devon Energy has a trailing twelve months price to earnings ratio of 6.92. Meaning, the purchaser of the share is investing $6.92 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 33.57%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 2.87 and the estimated forward annual dividend yield is 7.01%.
6. Masco Corporation (MAS)
30.93% Payout Ratio
Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company operates through two segments, Plumbing Products and Decorative Architectural Products. The Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; thermoplastic extrusions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products. This segment provides its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HÜPPE, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands. The Decorative Architectural Products segment offers paints, primers, specialty coatings, stains, and waterproofing products; cabinet and door hardware, functional hardware, wall plates, hook and rail products, and picture hanging accessories; decorative bath hardware, and shower accessories and doors; and decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting, and LED lighting systems. This segment provides its products under the BEHR, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, KICHLER, and ÉLAN brands. It sells its products to the plumbing, heating, and hardware wholesalers; home centers and online retailers; hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and other mass merchandisers. Masco Corporation was founded in 1929 and is headquartered in Livonia, Michigan.
Earnings Per Share
As for profitability, Masco Corporation has a trailing twelve months EPS of $3.67.
PE Ratio
Masco Corporation has a trailing twelve months price to earnings ratio of 17.72. Meaning, the purchaser of the share is investing $17.72 for every dollar of annual earnings.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
