Sun Life Financial And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Pioneer Natural Resources (PXD), Sun Life Financial (SLF), Sinclair Broadcast Group (SBGI) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 issue them.

When researching 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. Pioneer Natural Resources (PXD)

98.6% Payout Ratio

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Earnings Per Share

As for profitability, Pioneer Natural Resources has a trailing twelve months EPS of $23.52.

PE Ratio

Pioneer Natural Resources has a trailing twelve months price to earnings ratio of 9.68. Meaning, the purchaser of the share is investing $9.68 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 25.28%.

Moving Average

Pioneer Natural Resources’s worth is above its 50-day moving average of $218.91 and above its 200-day moving average of $219.17.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 32.6% and a negative 5.8%, respectively.

2. Sun Life Financial (SLF)

57.83% Payout Ratio

Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Sun Life Financial has a trailing twelve months EPS of $3.69.

PE Ratio

Sun Life Financial has a trailing twelve months price to earnings ratio of 13.36. Meaning, the purchaser of the share is investing $13.36 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 12.21%.

3. Sinclair Broadcast Group (SBGI)

33.67% Payout Ratio

Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.

Earnings Per Share

As for profitability, Sinclair Broadcast Group has a trailing twelve months EPS of $2.97.

PE Ratio

Sinclair Broadcast Group has a trailing twelve months price to earnings ratio of 3.98. Meaning, the purchaser of the share is investing $3.98 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 26.8%.

Moving Average

Sinclair Broadcast Group’s value is way below its 50-day moving average of $13.23 and way below its 200-day moving average of $15.98.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 9.04%.

Yearly Top and Bottom Value

Sinclair Broadcast Group’s stock is valued at $11.81 at 14:23 EST, way below its 52-week high of $22.83 and way above its 52-week low of $9.81.

4. Berry Corporation (BRY)

33.33% Payout Ratio

Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves in the western United States. It operates through Exploration and Production (E&P), and Well Servicing and Abandonment (CJWS) segments. The E&P segment engages in the development and production of onshore, low geologic risk, and long-lived conventional oil and gas reserves primarily located in California and Utah. CJWS provides wellsite services in California to oil and natural gas production companies with a focus on well servicing, well abandonment services, and water logistics; and offers rig-based and coiled tubing-based well maintenance and workover services, recompletion services, fluid management services, fishing and rental services, and other ancillary oilfield services. The company was founded in 1909 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Berry Corporation has a trailing twelve months EPS of $3.45.

PE Ratio

Berry Corporation has a trailing twelve months price to earnings ratio of 2.42. Meaning, the purchaser of the share is investing $2.42 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 40.47%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 1.23 and the estimated forward annual dividend yield is 14.98%.

Volume

Today’s last reported volume for Berry Corporation is 688382 which is 3.97% above its average volume of 662088.

Sales Growth

Berry Corporation’s sales growth is negative 16.7% for the ongoing quarter and negative 3.3% for the next.

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%.

Sales Growth

1’s sales growth is 1% for the ongoing quarter and 1% for the next.

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