(VIANEWS) – Star Gas Partners, L.P. (SGU), Plains Group Holdings, L.P. (PAGP), The Hershey Company (HSY) 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 guarantee 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 investigating 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. Star Gas Partners, L.P. (SGU)
310% Payout Ratio
Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. As of September 30, 2022, the company served approximately 415,900 full service residential and commercial home heating oil and propane customers and 75,900 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. Kestrel Heat, LLC operates as the general partner of the company. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.
Earnings Per Share
As for profitability, Star Gas Partners, L.P. has a trailing twelve months EPS of $0.2.
PE Ratio
Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 58.95. Meaning, the purchaser of the share is investing $58.95 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 0.55%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 31.7%, now sitting on 1.98B for the twelve trailing months.
2. Plains Group Holdings, L.P. (PAGP)
99.79% Payout Ratio
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). The company engages in the transportation of crude oil and NGLs on pipelines, gathering systems, and trucks. It engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services. The company offers logistics services to producers, refiners, and other customers. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was incorporated in 2013 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Plains Group Holdings, L.P. has a trailing twelve months EPS of $1.19.
PE Ratio
Plains Group Holdings, L.P. has a trailing twelve months price to earnings ratio of 13.49. Meaning, the purchaser of the share is investing $13.49 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 10.26%.
Volume
Today’s last reported volume for Plains Group Holdings, L.P. is 1329450 which is 45.82% below its average volume of 2454030.
Moving Average
Plains Group Holdings, L.P.’s worth is above its 50-day moving average of $15.51 and way higher than its 200-day moving average of $13.81.
3. The Hershey Company (HSY)
47.69% Payout Ratio
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
Earnings Per Share
As for profitability, The Hershey Company has a trailing twelve months EPS of $8.69.
PE Ratio
The Hershey Company has a trailing twelve months price to earnings ratio of 23.93. Meaning, the purchaser of the share is investing $23.93 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 54.35%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5%, now sitting on 10.86B for the twelve trailing months.
Moving Average
The Hershey Company’s worth is way below its 50-day moving average of $237.76 and way below its 200-day moving average of $242.34.
4. Pangaea Logistics Solutions Ltd. (PANL)
41.67% Payout Ratio
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
Earnings Per Share
As for profitability, Pangaea Logistics Solutions Ltd. has a trailing twelve months EPS of $0.91.
PE Ratio
Pangaea Logistics Solutions Ltd. has a trailing twelve months price to earnings ratio of 6.16. Meaning, the purchaser of the share is investing $6.16 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 11.89%.
Moving Average
Pangaea Logistics Solutions Ltd.’s worth is way below its 50-day moving average of $6.65 and under its 200-day moving average of $5.99.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Pangaea Logistics Solutions Ltd.’s EBITDA is 0.85.
Revenue Growth
Year-on-year quarterly revenue growth declined by 39.6%, now sitting on 544.18M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 6.67%.
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%.
