(VIANEWS) - Pinnacle West Capital Corporation (PNW), Atrion (ATRI), Center Coast MLP & Infrastructure Fund (CEN) 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 promise 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. Pinnacle West Capital Corporation (PNW)
71.88% Payout Ratio
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 6,192 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,191 miles of overhead lines and approximately 22,092 miles of underground primary cable. The company serves approximately 1.3 million customers. It owns or leases approximately 6,316 megawatts of regulated generation capacity. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Earnings Per Share
As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.73.
PE Ratio
Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 15.93. Meaning, the purchaser of the share is investing $15.93 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 8.8%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Pinnacle West Capital Corporation's EBITDA is 24.26.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 30, 2023, the estimated forward annual dividend rate is 3.46 and the estimated forward annual dividend yield is 4.53%.
Sales Growth
Pinnacle West Capital Corporation's sales growth is negative 27.9% for the present quarter and 3% for the next.
Volume
Today's last reported volume for Pinnacle West Capital Corporation is 651484 which is 26.16% below its average volume of 882380.
2. Atrion (ATRI)
41.07% Payout Ratio
Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmology applications in the United States, Canada, Europe, and internationally. Its fluid delivery products include valves that fill, hold, and release controlled amounts of fluids or gasses for use in various intubation, intravenous, catheter, and other applications in the anesthesia and oncology fields, as well as promote infection control in hospital and home healthcare environments. The company's cardiovascular products comprise Myocardial Protection System that delivers fluids and medications and mixes critical drugs, as well as controls temperature, pressure, and other variables; cardiac surgery vacuum relief valves; silicone vessel loops for retracting and occluding vessels; and inflation devices for balloon catheter dilation, stent deployment, and fluid dispensing, as well as products for use in heart bypass surgery. Its ophthalmic products include specialized medical devices that disinfect contact lenses; and a line of balloon catheters, which are used for the treatment of nasolacrimal duct obstruction in children and adults. The company also manufactures instrumentation and associated disposables that measure the activated clotting time of blood; and products for safe needle and scalpel blade containment. In addition, it manufactures inflation systems and valves used in marine and aviation safety products; components used in inflatable survival products and structures; and one-way and two-way pressure relief valves that protect sensitive electronics and other products during transport in other medical and non-medical applications. The company sells its products to physicians, hospitals, clinics, and other treatment centers; and other equipment manufacturers through direct sales force, independent sales representatives, and distributors. Atrion Corporation was founded in 1944 and is headquartered in Allen, Texas.
Earnings Per Share
As for profitability, Atrion has a trailing twelve months EPS of $17.44.
PE Ratio
Atrion has a trailing twelve months price to earnings ratio of 36.62. Meaning, the purchaser of the share is investing $36.62 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 14.06%.Yearly Top and Bottom Value
Atrion's stock is valued at $638.60 at 01:23 EST, way below its 52-week high of $783.80 and way higher than its 52-week low of $534.99.
3. Center Coast MLP & Infrastructure Fund (CEN)
40.72% Payout Ratio
Center Coast MLP & Infrastructure Fund is a closed-ended balanced mutual fund launched and managed by Center Coast Capital Advisors, LP. The fund invests in public equity and fixed income markets of North America. It seeks to invest in securities of companies operating in the energy infrastructure sector. The fund primarily invests in equity and debt securities of MLPs and other entities holding primarily general or limited partner or managing member interests in MLPs. For its fixed income portion, the fund seeks to invest in securities across all credit ratings. It employs quantitative analysis with a focus on such factors as cash flow, yield, relative valuation, contract structure, operating risk, competitive environment, growth potential, operational expertise, and strength of business plan to create its portfolio. Center Coast MLP & Infrastructure Fund was formed on September 26, 2013 and is domiciled in the United States.
Earnings Per Share
As for profitability, Center Coast MLP & Infrastructure Fund has a trailing twelve months EPS of $2.18.
PE Ratio
Center Coast MLP & Infrastructure Fund has a trailing twelve months price to earnings ratio of 8.4. Meaning, the purchaser of the share is investing $8.4 for every dollar of annual earnings.
4. Ingredion Incorporated (INGR)
40.18% 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 $6.62.
PE Ratio
Ingredion Incorporated has a trailing twelve months price to earnings ratio of 15.13. Meaning, the purchaser of the share is investing $15.13 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 14.43%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 2.84%.
Yearly Top and Bottom Value
Ingredion Incorporated's stock is valued at $100.15 at 01:23 EST, below its 52-week high of $101.89 and way above its 52-week low of $78.81.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.7%, now sitting on 7.71B for the twelve trailing months.
Sales Growth
Ingredion Incorporated's sales growth is 14.3% for the present quarter and 6.5% for the next.