(VIANEWS) – NextEra Energy Partners, LP (NEP), The Gabelli Healthcare & Wellness Trust (GRX), Williams Companies (WMB) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio at the moment. 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 distribute 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. NextEra Energy Partners, LP (NEP)
247.86% Payout Ratio
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
Earnings Per Share
As for profitability, NextEra Energy Partners, LP has a trailing twelve months EPS of $1.33.
PE Ratio
NextEra Energy Partners, LP has a trailing twelve months price to earnings ratio of 22.89. Meaning, the purchaser of the share is investing $22.89 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 0.65%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.5%, now sitting on 1.28B for the twelve trailing months.
Sales Growth
NextEra Energy Partners, LP’s sales growth is 29.1% for the present quarter and negative 9.9% for the next.
2. The Gabelli Healthcare & Wellness Trust (GRX)
230.77% Payout Ratio
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healthcare & Wellness Trust was formed on February 20, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, The Gabelli Healthcare & Wellness Trust has a trailing twelve months EPS of $0.26.
PE Ratio
The Gabelli Healthcare & Wellness Trust has a trailing twelve months price to earnings ratio of 36.54. Meaning, the purchaser of the share is investing $36.54 for every dollar of annual earnings.
Volume
Today’s last reported volume for The Gabelli Healthcare & Wellness Trust is 41761 which is 21.03% below its average volume of 52883.
3. Williams Companies (WMB)
77.52% Payout Ratio
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 33,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 24 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Williams Companies has a trailing twelve months EPS of $2.28.
PE Ratio
Williams Companies has a trailing twelve months price to earnings ratio of 15.51. Meaning, the purchaser of the share is investing $15.51 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 20.67%.
Previous days news about Williams Companies (WMB)
- According to Zacks on Monday, 8 January, "Investors interested in the energy sector might look at some better-ranked stocks like Cenovus Energy Inc. (CVE Quick QuoteCVE – Free Report) , sporting a Zacks Rank #1 (Strong Buy), and The Williams Companies (WMB Quick QuoteWMB – Free Report) and Murphy USA Inc. (MUSA Quick QuoteMUSA – Free Report) , both carrying a Zacks Rank #2 (Buy) at present. "
- According to Zacks on Monday, 8 January, "Investors interested in the energy sector might look at some better-ranked stocks like Cenovus Energy Inc. (CVE Quick QuoteCVE – Free Report) , sporting a Zacks Rank #1 (Strong Buy), and The Williams Companies (WMB Quick QuoteWMB – Free Report) and Murphy USA Inc. (MUSA Quick QuoteMUSA – Free Report) , both carrying a Zacks Rank #2 (Buy) at present. "
- According to Zacks on Monday, 8 January, "While Sunoco sports a Zacks Rank #1 (Strong Buy), both Williams Companies and Murphy USA carry a Zacks Rank #2 (Buy) at present. ", "The Williams Companies is well-positioned to capitalize on the anticipated substantial long-term growth in U.S. natural gas demand, thanks to its impressive portfolio of large-scale projects that create significant value. "
- According to Zacks on Monday, 8 January, "Sunoco LP (SUN Quick QuoteSUN – Free Report) sports a Zacks Rank #1 (Strong Buy), while Western Midstream Partners and The Williams Companies each carry a Zacks Rank #2 (Buy). ", "The Williams Companies is well-poised to capitalize on the mounting demand for clean energy since it engages in transporting, storing, gathering and processing natural gas and natural gas liquids."
4. SpartanNash Company (SPTN)
70.08% Payout Ratio
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 68,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood markets. As of March 11, 2021, it operated 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, SpartanNash Company has a trailing twelve months EPS of $1.22.
PE Ratio
SpartanNash Company has a trailing twelve months price to earnings ratio of 18.98. Meaning, the purchaser of the share is investing $18.98 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 5.47%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 0.86 and the estimated forward annual dividend yield is 3.71%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 46.4% and 4.7%, respectively.
Sales Growth
SpartanNash Company’s sales growth is negative 1.1% for the ongoing quarter and negative 0.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SpartanNash Company’s EBITDA is 0.16.
5. American National Bankshares (AMNB)
42.25% Payout Ratio
American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services in Virginia and North Carolina. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates 37 automated teller machines. As of December 31, 2020, it operated 26 banking offices; and one loan production offices in Roanoke, Virginia. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.
Earnings Per Share
As for profitability, American National Bankshares has a trailing twelve months EPS of $2.84.
PE Ratio
American National Bankshares has a trailing twelve months price to earnings ratio of 17.32. Meaning, the purchaser of the share is investing $17.32 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 9.4%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 30.3% and a negative 37.2%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.7%, now sitting on 105.22M for the twelve trailing months.
Yearly Top and Bottom Value
American National Bankshares’s stock is valued at $49.20 at 19:23 EST, below its 52-week high of $50.09 and way above its 52-week low of $25.26.
6. ChoiceOne Financial Services (COFS)
34.55% Payout Ratio
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
Earnings Per Share
As for profitability, ChoiceOne Financial Services has a trailing twelve months EPS of $3.01.
PE Ratio
ChoiceOne Financial Services has a trailing twelve months price to earnings ratio of 9.73. Meaning, the purchaser of the share is investing $9.73 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 13.41%.
Moving Average
ChoiceOne Financial Services’s worth is way higher than its 50-day moving average of $24.80 and way higher than its 200-day moving average of $23.42.
Volume
Today’s last reported volume for ChoiceOne Financial Services is 19227 which is 13.46% below its average volume of 22219.
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 current quarter and 1% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 1, 1970, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
