(VIANEWS) – CubeSmart (CUBE), Chesapeake Granite Wash Trust (CHKR), Blackrock Enhanced Equity Dividend Trust (BDJ) 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. CubeSmart (CUBE)
110.5% Payout Ratio
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Earnings Per Share
As for profitability, CubeSmart has a trailing twelve months EPS of $1.81.
PE Ratio
CubeSmart has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing $24.32 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 14.24%.
Sales Growth
CubeSmart’s sales growth is 8.7% for the present quarter and 13.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 2.3% and a negative 2.2%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 1, 2024, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 4.66%.
2. Chesapeake Granite Wash Trust (CHKR)
100.08% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.12.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 3.25. Meaning, the purchaser of the share is investing $3.25 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 53.77%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 0.08 and the estimated forward annual dividend yield is 21.04%.
Volume
Today’s last reported volume for Chesapeake Granite Wash Trust is 13299 which is 69.71% below its average volume of 43906.
Revenue Growth
Year-on-year quarterly revenue growth declined by 52.2%, now sitting on 8.06M for the twelve trailing months.
3. Blackrock Enhanced Equity Dividend Trust (BDJ)
83.26% Payout Ratio
BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. The fund was formerly known as BlackRock Enhanced Dividend Achievers TM Trust. BlackRock Enhanced Equity Dividend Trust was formed on August 31, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Enhanced Equity Dividend Trust has a trailing twelve months EPS of $0.81.
PE Ratio
Blackrock Enhanced Equity Dividend Trust has a trailing twelve months price to earnings ratio of 10.07. Meaning, the purchaser of the share is investing $10.07 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 9.17%.
Yearly Top and Bottom Value
Blackrock Enhanced Equity Dividend Trust’s stock is valued at $8.16 at 02:23 EST, below its 52-week high of $8.43 and way higher than its 52-week low of $6.91.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.2%, now sitting on 48.04M for the twelve trailing months.
4. AllianceBernstein National Municipalome Fund (AFB)
66.58% Payout Ratio
AllianceBernstein National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated Baa/BBB or higher. It employs both quantitative and fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as Alliance National Municipal Income Fund Inc. AllianceBernstein National Municipal Income Fund was formed on November 9, 2001 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianceBernstein National Municipalome Fund has a trailing twelve months EPS of $-0.05.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.38%.
Moving Average
AllianceBernstein National Municipalome Fund’s value is higher than its 50-day moving average of $10.81 and above its 200-day moving average of $10.48.
Volume
Today’s last reported volume for AllianceBernstein National Municipalome Fund is 38365 which is 45.76% below its average volume of 70738.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 24.69M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 6, 2024, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 3.53%.
5. The Hackett Group (HCKT)
35.04% Payout Ratio
The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in the United States, Europe, and internationally. The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions. It offers Hackett Connect, an online searchable repository; best practice accelerators that provide web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best practice research that provides insights into the proven approaches; and peer interaction comprising member-led webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content, as well as intellectual property as-a-service and Hackett Institute programs. The company also provides benchmarking services that conducts studies for selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, and shared services; business transformation practices; and oracle solutions that help clients to choose and deploy oracle applications that best meet their needs and objectives. In addition, it offers SAP solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change and exception management, process transparency, system documentation, and end-user training; and off-shore application development, and application maintenance and support services. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.
Earnings Per Share
As for profitability, The Hackett Group has a trailing twelve months EPS of $1.26.
PE Ratio
The Hackett Group has a trailing twelve months price to earnings ratio of 16.99. Meaning, the purchaser of the share is investing $16.99 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 44.25%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 5.1% and a negative 2.4%, respectively.
Moving Average
The Hackett Group’s value is below its 50-day moving average of $21.83 and under its 200-day moving average of $22.83.
6. Universal Display Corporation (OLED)
31.52% Payout Ratio
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
Earnings Per Share
As for profitability, Universal Display Corporation has a trailing twelve months EPS of $4.61.
PE Ratio
Universal Display Corporation has a trailing twelve months price to earnings ratio of 48.08. Meaning, the purchaser of the share is investing $48.08 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 15.8%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 0.72%.
Yearly Top and Bottom Value
Universal Display Corporation’s stock is valued at $221.65 at 02:23 EST, under its 52-week high of $225.26 and way higher than its 52-week low of $133.67.
Sales Growth
Universal Display Corporation’s sales growth is 23.9% for the current quarter and 16.6% 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Dividend Yield
As stated 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%.
