(VIANEWS) - EnLink Midstream, LLC (ENLC), Alexander & Baldwin (ALEX), Main Street Capital Corporation (MAIN) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio as yet. 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 issue 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. EnLink Midstream, LLC (ENLC)
262.5% Payout Ratio
EnLink Midstream, LLC is a company that provides midstream services to the United States. The company operates in the Permian region of North Texas and Oklahoma Texas. It also has corporate segments. It is engaged in the following activities: gathering, compressing and treating, transporting and storing natural gas, fractionating, transporting and storing natural gas liquids, storage, storage, and sale of natural gas liquids, and gathering, transporting and stabilizing crude oil and condensate. The company's midstream assets network includes 12,000 miles worth of pipelines, 21 natural gas processing facilities, 7 fractionators, barge and railroad terminals, product storage facilities and brine disposal wells. Dallas is the headquarters of this company, which was established in 2013.
Earnings Per Share
As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $-0.85.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 6.47%.Revenue Growth
Year-on-year quarterly revenue growth grew by 69.6%, now sitting on 7.77B for the twelve trailing months.
2. Alexander & Baldwin (ALEX)
192.31% Payout Ratio
Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Earnings Per Share
As for profitability, Alexander & Baldwin has a trailing twelve months EPS of $0.39.
PE Ratio
Alexander & Baldwin has a trailing twelve months price to earnings ratio of 49.97. Meaning, the purchaser of the share is investing $49.97 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 2.61%.Volume
Today's last reported volume for Alexander & Baldwin is 237544 which is 16.94% below its average volume of 285995.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 4.64%.
Moving Average
Alexander & Baldwin is worth more than its moving average for 50 days of $17.93, and less than its moving average for 200 days of $20.19.3. Main Street Capital Corporation (MAIN)
69.62% Payout Ratio
Main Street Capital Corporation, a principal investor firm, primarily offers equity capital to companies in the lower mid-market and provides debt capital for middle market businesses. Main Street invests in portfolio companies to finance management buyouts. Main Street is open to working with business owners, entrepreneurs and managers and provides "one-stop" financing options within its portfolio in the lower middle markets. Main Street's middle market businesses typically have revenues of between $10 and $150 millions annually. Main Street makes middle market debt investments in larger businesses than the portfolio's lower middle-market companies.
Earnings Per Share
As for profitability, Main Street Capital Corporation has a trailing twelve months EPS of $3.67.
PE Ratio
Main Street Capital Corporation has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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 14.89%.Moving Average
Main Street Capital Corporation's value is above its 50-day moving average of $37.09 and below its 200-day moving average of $40.10.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 7% and 5.5%, respectively.4. Ritchie Bros. Auctioneers Incorporated (RBA)
38.02% Payout Ratio
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. It also offers live auction events with online bidding. The company sells used equipment to its customers through live, unreserved auctions at 40 auction sites worldwide. It serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. The company operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
Earnings Per Share
As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $2.63.
PE Ratio
Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 23.7. Meaning, the purchaser of the share is investing $23.7 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 25.54%.Moving Average
Ritchie Bros. Auctioneers Incorporated is worth less than its 50-day moving mean of $64.71 but more than its 200 day moving average, $62.03.Volume
Today's last reported volume for Ritchie Bros. Auctioneers Incorporated is 383856 which is 15.41% above its average volume of 332596.
Sales Growth
Ritchie Bros. Auctioneers Incorporated has a sales growth of 18.7% in the current quarter, and 21.4% the following.
Yearly Top and Bottom Value
Ritchie Bros. Auctioneers Incorporated's stock is valued at $62.32 at 13:24 EST, way below its 52-week high of $74.08 and way higher than its 52-week low of $48.65.