(VIANEWS) – Enbridge (ENB), Viper Energy Partners LP (VNOM), SpartanNash Company (SPTN) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a promise of good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute 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. Enbridge (ENB)
126.48% Payout Ratio
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Enbridge has a trailing twelve months EPS of $1.2.
PE Ratio
Enbridge has a trailing twelve months price to earnings ratio of 31.44. Meaning, the purchaser of the share is investing $31.44 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 9.1%.
Volume
Today’s last reported volume for Enbridge is 6699110 which is 92.99% above its average volume of 3471100.
Sales Growth
Enbridge’s sales growth is 10.1% for the ongoing quarter and 8.1% for the next.
2. Viper Energy Partners LP (VNOM)
102.64% Payout Ratio
Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2020, it had mineral interests in 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 99,392 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.
Earnings Per Share
As for profitability, Viper Energy Partners LP has a trailing twelve months EPS of $-0.79.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 30.23%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 15, 2022, the estimated forward annual dividend rate is 2.44 and the estimated forward annual dividend yield is 7.85%.
Previous days news about Viper Energy Partners LP (VNOM)
- According to Zacks on Wednesday, 22 February, "Viper Energy Partners LP price-consensus-eps-surprise-chart | Viper Energy Partners LP Quote"
3. SpartanNash Company (SPTN)
53.9% 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 $1.54.
PE Ratio
SpartanNash Company has a trailing twelve months price to earnings ratio of 20.43. Meaning, the purchaser of the share is investing $20.43 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 7.26%.
4. Home Depot (HD)
44.3% Payout Ratio
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
Earnings Per Share
As for profitability, Home Depot has a trailing twelve months EPS of $11.94.
PE Ratio
Home Depot has a trailing twelve months price to earnings ratio of 24.83. Meaning, the purchaser of the share is investing $24.83 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 1465.5%.
Moving Average
Home Depot’s worth is under its 50-day moving average of $321.40 and under its 200-day moving average of $301.37.
Yearly Top and Bottom Value
Home Depot’s stock is valued at $296.43 at 01:23 EST, way under its 52-week high of $347.25 and way above its 52-week low of $264.51.
Sales Growth
Home Depot’s sales growth is 0.8% for the present quarter and 0.7% for the next.
Volume
Today’s last reported volume for Home Depot is 4725160 which is 25.95% above its average volume of 3751620.
Previous days news about Home Depot (HD)
- : Home Depot stock sinks after sales miss and downbeat outlook, offsetting profit beat and dividend hike. According to MarketWatch on Tuesday, 21 February, "Shares of Home Depot Inc. dropped 2.8% toward a three-month low in premarket trading Tuesday, after the home improvement retail giant reported fiscal fourth-quarter sales that missed and provided a downbeat outlook, citing persistent inflation, continued supply chain disruptions and a tight labor market. "
- : Home Depot stock selloff cutting more than 70 points off the dow’s price. According to MarketWatch on Tuesday, 21 February, "Shares of Home Depot Inc. dropped 3.5% in premarket trading Tuesday, in the wake of the home improvement retailer’s slumped 262 points, or 0.8%. "
5. Toro Company (TTC)
31.85% Payout Ratio
The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The company's Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment; and snow and ice management equipment, such as snowplows, brush, snow thrower attachment, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. It also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. This segment sells its products primarily through a network of distributors and dealers to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow and ice, as well as directly to government customers, rental companies, and retailers. Its Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. This segment sells its products to homeowners through a network of distributors and dealers; and home centers, hardware retailers, and mass retailers, as well as online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.
Earnings Per Share
As for profitability, Toro Company has a trailing twelve months EPS of $3.4.
PE Ratio
Toro Company has a trailing twelve months price to earnings ratio of 33.56. Meaning, the purchaser of the share is investing $33.56 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 30.58%.
Moving Average
Toro Company’s value is higher than its 50-day moving average of $111.93 and way higher than its 200-day moving average of $93.57.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 3, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 1.19%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.8%, now sitting on 4.3B for the twelve trailing months.
Yearly Top and Bottom Value
Toro Company’s stock is valued at $114.15 at 01:23 EST, below its 52-week high of $117.66 and way higher than its 52-week low of $71.86.
