(VIANEWS) - Ameren (AEE), Artesian Resources Corporation (ARTNA), CNA Financial Corporation (CNA) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio as yet. 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 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. Ameren (AEE)
58.46% Payout Ratio
Ameren Corporation and its subsidiaries operate in the United States as a public utility holding corporation. The company operates in four segments: Ameren Missouri; Ameren Illinois Electric Distribution; Ameren Illinois Natural Gas and Ameren Transmission. It is involved in rate-regulated transmission and electric generation activities, as well as natural gas distribution and business transmission. The company generates electricity mainly through natural gas, coal, nuclear and nuclear. It also uses renewable resources such as solar, hydroelectric and wind. It serves industrial, commercial and residential customers. Ameren Corporation was established in 1881 in St. Louis Missouri.
Earnings Per Share
As for profitability, Ameren has a trailing twelve months EPS of $3.5.
PE Ratio
Ameren has a trailing twelve months price to earnings ratio of 24.52. Meaning, the purchaser of the share is investing $24.52 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 10.4%.Revenue Growth
Year-on-year quarterly revenue growth grew by 17.7%, now sitting on 6.67B for the twelve trailing months.
Sales Growth
Ameren saw a 4.3% increase in sales for its current quarter, and a negative 8.3% growth for the next.
2. Artesian Resources Corporation (ARTNA)
54.59% Payout Ratio
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Earnings per Share
Artesian Resources Corporation's trailing twelve-month EPS is $1.98.
PE Ratio
Artesian Resources Corporation's trailing 12-month price-to-earnings ratio is 30.86. The purchaser of the shares is investing $30.86 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 10.33%.Moving Average
Artesian Resources Corporation's value is way above its 50-day moving average of $55.33 and way above its 200-day moving average of $51.32.Revenue growth
The year-on-year revenue growth was 6.7%. We now have 96.61M in the 12 trailing months.
Growth Estimates Quarters
For the current quarter, the company expects a decline of 15.6% while the growth for the following quarter will be positive at 6.4%.3. CNA Financial Corporation (CNA)
47.16% Payout Ratio
CNA Financial Corporation offers casualty and commercial property insurance products, primarily in the United States. The company operates in Specialty, Commercial, International, Life & Group, Corporate & Other, and Specialty, Commercial, International, Life & Group segments. It offers professional liability and risk management services for various professionals, such as architects and real estate agents as well as accounting and law firms. The company also offers property insurance, including property, boiler, machinery, and general liability coverages. It also sells casualty insurance that includes workers' compensation, general, product liability, commercial automobile, and umbrella coverages. They also offer specialized loss-sensitive programs, total risk management and long-term care policies. The company also offers long-tail coverages that include commercial auto liability, workers comp, general and medical professionals liability, other professional or management liability, assumed reinsurance run off and products liability. Short-tail exposures such as property and commercial automobile physical damages, marine, surety and warranty are available. The company markets its products via independent agents, brokers and general underwriters for small, medium and large companies, insurance companies, associations, professionals, as well as other groups working in the maritime, oil and gas and construction, manufacturing and life science industries. Chicago is the headquarters of this company, which was established in 1853. CNA Financial Corporation is a Loews Corporation subsidiary.
Earnings Per Share
As for profitability, CNA Financial Corporation has a trailing twelve months EPS of $3.35.
PE Ratio
CNA Financial Corporation has a trailing twelve months price to earnings ratio of 12.92. Meaning, the purchaser of the share is investing $12.92 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 8.79%.4. National Bankshares (NKSH)
40.26% Payout Ratio
National Bankshares, Inc. is the bank holding firm for National Bank of Blacksburg. It provides commercial and retail banking products to businesses, individuals, as well as non-profits and local governments. It accepts both interest-bearing, non-interest bearing, demand deposit accounts and money market deposits accounts. Savings accounts and certificates of deposit are also accepted. Individual retirement accounts can be opened. The company offers loans to commercial, agricultural, residential, real estate and home equity as well as various consumer products. It also offers business and consumer credit cards, letters of credit and night depository, safe deposit boxes and utility payment services. Wealth management, trust and estate services are provided by the company. Non-deposit investments and insurance products can be accessed via telephone, mobile and Internet banking. There are 25 offices that offer full service, including a loan production and automated teller machines. National Bankshares, Inc. is an American bank headquartered in Blacksburg, Virginia.
Earnings per Share
National Bankshares' trailing 12-month EPS is $3.63.
PE Ratio
National Bankshares' trailing 12-month price-earnings ratio is 11.37. The purchaser of the shares is therefore investing $11.37 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 14.44%.