(VIANEWS) – Gabelli Utility Trust (GUT), Cross Timbers Royalty Trust (CRT), First Hawaiian (FHB) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a promise 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. Gabelli Utility Trust (GUT)
684.7% Payout Ratio
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.
Earnings Per Share
As for profitability, Gabelli Utility Trust has a trailing twelve months EPS of $-0.35.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.19%.
Yearly Top and Bottom Value
Gabelli Utility Trust’s stock is valued at $7.10 at 07:23 EST, way under its 52-week high of $8.24 and way above its 52-week low of $6.41.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 9, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 8.22%.
2. Cross Timbers Royalty Trust (CRT)
100% Payout Ratio
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Cross Timbers Royalty Trust has a trailing twelve months EPS of $1.77.
PE Ratio
Cross Timbers Royalty Trust has a trailing twelve months price to earnings ratio of 15.08. Meaning, the purchaser of the share is investing $15.08 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 338.4%.
3. First Hawaiian (FHB)
50% Payout Ratio
First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.
Earnings Per Share
As for profitability, First Hawaiian has a trailing twelve months EPS of $2.08.
PE Ratio
First Hawaiian has a trailing twelve months price to earnings ratio of 13.03. Meaning, the purchaser of the share is investing $13.03 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 10.79%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 24.4% and 23.9%, respectively.
4. Texas Roadhouse (TXRH)
46.35% Payout Ratio
Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.
Earnings Per Share
As for profitability, Texas Roadhouse has a trailing twelve months EPS of $1.13.
PE Ratio
Texas Roadhouse has a trailing twelve months price to earnings ratio of 90. Meaning, the purchaser of the share is investing $90 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 26.1%.
Sales Growth
Texas Roadhouse’s sales growth is 13.9% for the current quarter and 11.5% for the next.
Volume
Today’s last reported volume for Texas Roadhouse is 681377 which is 23.58% below its average volume of 891717.
