(VIANEWS) – Kennedy (KW), Delek US Holdings (DK), W.P. Carey REIT (WPC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 issue 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. Kennedy (KW)
355.56% Payout Ratio
Kennedy-Wilson Holdings, Inc. operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan. The company owns interest in approximately 49 million square feet of property, including 29,705 multifamily rental units; and 22.0 million square feet of commercial property. It also provides real estate services primarily to financial services clients. In addition, the company is involved in the development, redevelopment, and entitlement of real estate properties; and management of real estate properties for third parties. Kennedy-Wilson Holdings, Inc. was founded in 1977 and is headquartered in Beverly Hills, California.
Earnings Per Share
As for profitability, Kennedy has a trailing twelve months EPS of $-1.97.
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 -11.45%.
Volume
Today’s last reported volume for Kennedy is 562860 which is 37.4% below its average volume of 899248.
Moving Average
Kennedy’s value is above its 50-day moving average of $10.02 and higher than its 200-day moving average of $10.38.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 4.62%.
2. Delek US Holdings (DK)
308.33% Payout Ratio
Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates in three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other purchased feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal. It owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana, as well as three biodiesel facilities in Crossett, Arkansas, Cleburne, Texas, and New Albany. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. It owns or leases capacity on approximately 400 miles of crude oil transportation pipe, and lines, approximately 450 miles of refined product pipelines, an approximately 900-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity; and owns and operates nine light product distribution terminals, as well as markets light products using third-party terminals. The Retail segment owns and leases 253 convenience store sites located primarily in Texas and New Mexico. Its convenience stores offer various grades of gasoline and diesel under the DK or Alon brand; and food products and service, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise, as well as money orders to the public primarily under the 7-Eleven and DK or Alon brand names. It serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, the U.S. government, and independent retail fuel operators. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.
Earnings Per Share
As for profitability, Delek US Holdings has a trailing twelve months EPS of $-1.17.
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 -4.7%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 231% and a negative 95.5%, respectively.
3. W.P. Carey REIT (WPC)
148.08% Payout Ratio
Celebrating its 50th anniversary, W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $23 billion and a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,475 net lease properties covering approximately 180 million square feet and a portfolio of 85 self-storage operating properties, as of June 30, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.
Earnings Per Share
As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $2.61.
PE Ratio
W.P. Carey REIT has a trailing twelve months price to earnings ratio of 22.42. Meaning, the purchaser of the share is investing $22.42 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 6.37%.
Yearly Top and Bottom Value
W.P. Carey REIT’s stock is valued at $58.51 at 14:23 EST, way under its 52-week high of $71.87 and way higher than its 52-week low of $50.30.
Moving Average
W.P. Carey REIT’s value is above its 50-day moving average of $56.97 and higher than its 200-day moving average of $57.95.
Volume
Today’s last reported volume for W.P. Carey REIT is 483977 which is 61.19% below its average volume of 1247160.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 3.48 and the estimated forward annual dividend yield is 5.9%.
4. Star Gas Partners, L.P. (SGU)
68.42% Payout Ratio
Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,600 customers. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.
Earnings Per Share
As for profitability, Star Gas Partners, L.P. has a trailing twelve months EPS of $0.95.
PE Ratio
Star Gas Partners, L.P. has a trailing twelve months price to earnings ratio of 11.81. Meaning, the purchaser of the share is investing $11.81 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 11.62%.
Yearly Top and Bottom Value
Star Gas Partners, L.P.’s stock is valued at $11.22 at 14:23 EST, way under its 52-week high of $14.76 and way higher than its 52-week low of $9.64.
Moving Average
Star Gas Partners, L.P.’s worth is above its 50-day moving average of $10.81 and below its 200-day moving average of $11.31.
5. Meridian Corporation (MRBK)
47.17% Payout Ratio
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.
Earnings Per Share
As for profitability, Meridian Corporation has a trailing twelve months EPS of $1.06.
PE Ratio
Meridian Corporation has a trailing twelve months price to earnings ratio of 10.75. Meaning, the purchaser of the share is investing $10.75 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 7.6%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.2%, now sitting on 92.9M for the twelve trailing months.
Volume
Today’s last reported volume for Meridian Corporation is 38418 which is 198.25% above its average volume of 12881.
Yearly Top and Bottom Value
Meridian Corporation’s stock is valued at $11.40 at 14:23 EST, way under its 52-week high of $14.24 and way above its 52-week low of $8.26.
Sales Growth
Meridian Corporation’s sales growth is negative 3.2% for the present quarter and 5.8% 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%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
