(VIANEWS) – TransCanada (TRP), Pimco High Income Fund Pimco High Income Fund (PHK), Global Self Storage (SELF) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio up until now. 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 issue 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. TransCanada (TRP)
406.67% Payout Ratio
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, and Texas. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, TransCanada has a trailing twelve months EPS of $0.66.
PE Ratio
TransCanada has a trailing twelve months price to earnings ratio of 56.5. Meaning, the purchaser of the share is investing $56.5 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 3.23%.
Volume
Today’s last reported volume for TransCanada is 1122880 which is 61.9% below its average volume of 2947730.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.3%, now sitting on 15.6B for the twelve trailing months.
Yearly Top and Bottom Value
TransCanada’s stock is valued at $37.29 at 08:23 EST, way below its 52-week high of $49.51 and way higher than its 52-week low of $33.02.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 7.5% and a negative 1.2%, respectively.
2. Pimco High Income Fund Pimco High Income Fund (PHK)
164.57% Payout Ratio
PIMCO High Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations. It employs fundamental analysis along with a top down stock picking approach to make its investments. PIMCO High Income Fund was formed on April 30, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Pimco High Income Fund Pimco High Income Fund has a trailing twelve months EPS of $0.35.
PE Ratio
Pimco High Income Fund Pimco High Income Fund has a trailing twelve months price to earnings ratio of 14.17. Meaning, the purchaser of the share is investing $14.17 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 7.12%.
Yearly Top and Bottom Value
Pimco High Income Fund Pimco High Income Fund’s stock is valued at $4.96 at 08:23 EST, below its 52-week high of $5.41 and way higher than its 52-week low of $4.50.
3. Global Self Storage (SELF)
107.41% Payout Ratio
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Earnings Per Share
As for profitability, Global Self Storage has a trailing twelve months EPS of $0.27.
PE Ratio
Global Self Storage has a trailing twelve months price to earnings ratio of 18.52. Meaning, the purchaser of the share is investing $18.52 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 6.12%.
Moving Average
Global Self Storage’s value is below its 50-day moving average of $5.03 and under its 200-day moving average of $5.12.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Global Self Storage’s EBITDA is 5.2.
4. Thomson Reuters (TRI)
44.25% Payout Ratio
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.
Earnings Per Share
As for profitability, Thomson Reuters has a trailing twelve months EPS of $4.38.
PE Ratio
Thomson Reuters has a trailing twelve months price to earnings ratio of 29.62. Meaning, the purchaser of the share is investing $29.62 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 16.86%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 15, 2023, the estimated forward annual dividend rate is 1.97 and the estimated forward annual dividend yield is 1.52%.
Yearly Top and Bottom Value
Thomson Reuters’s stock is valued at $129.75 at 08:23 EST, below its 52-week high of $138.85 and way above its 52-week low of $97.59.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 20.3% and 28.9%, respectively.
Moving Average
Thomson Reuters’s value is below its 50-day moving average of $130.36 and above its 200-day moving average of $124.90.
Previous days news about Thomson Reuters (TRI)
- According to Business Insider on Friday, 15 September, "Analysts polled by Thomson Reuters expected the company to report earnings of $4.65 per share for the third quarter. "
5. Suncor Energy (SU)
43.84% Payout Ratio
Suncor Energy Inc. operates as an integrated energy company in Canada and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. This segment also engages in syncrude oil sands mining and upgrading operations; and marketing, supply, transportation, and risk management of crude oil, natural gas, power, and byproducts. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada. The Refining and Marketing segment refines crude oil and petrochemical products; and markets, transports, and manages refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment also involved in trading of crude oil, natural gas, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Suncor Energy has a trailing twelve months EPS of $3.41.
PE Ratio
Suncor Energy has a trailing twelve months price to earnings ratio of 10.29. Meaning, the purchaser of the share is investing $10.29 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 15.05%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 1.53 and the estimated forward annual dividend yield is 4.37%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 35.3% and a negative 34.1%, respectively.
6. Ingredion Incorporated (INGR)
33.14% Payout Ratio
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia Pacific; and Europe, Middle East, and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, glucose and syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, paper and corrugating products, brewing, pharmaceutical, textile, and personal care industries, as well as animal feed markets. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.
Earnings Per Share
As for profitability, Ingredion Incorporated has a trailing twelve months EPS of $8.57.
PE Ratio
Ingredion Incorporated has a trailing twelve months price to earnings ratio of 11.98. Meaning, the purchaser of the share is investing $11.98 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 17.47%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 14.5% and 15.2%, respectively.
Yearly Top and Bottom Value
Ingredion Incorporated’s stock is valued at $102.65 at 08:23 EST, below its 52-week high of $113.46 and way higher than its 52-week low of $78.81.
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.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Dividend Yield
According to 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.
