(VIANEWS) - Consolidated Edison (ED), Banco Latinoamericano de Comercio Exterior, S.A. (BLX), City Holding Company (CHCO) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. 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 researching 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. Consolidated Edison (ED)
71.94% Payout Ratio
Consolidated Edison, Inc., via its subsidiaries, is involved in the regulation of electric, gas, steam delivery business in the United States. The company offers electric service to about 3.5 million New York City residents and Westchester County customers; it also provides gas services to around 1.1 million Manhattan and Westchester County customers; steam is available to 1,555 Manhattan customers. It also provides electricity to about 0.3 million customers in New York's southeastern New York, and parts of New Jersey. The company also offers gas to around 0.1 million customers in the southeastern New York. It also operates 533 miles of transmission line; 15 substations, 64 distribution substations, 87.564 in-service transformers, 3,924 poles of overhead distribution lines and 2,291 mile of underground lines. There are also 4,350 miles and 377.971 lines that serve natural gas distribution. The company also owns and operates energy infrastructure projects and offers energy-related products to retail and wholesale customers. It also invests in gas and electric transmission projects. The company sells electricity to residential, industrial, commercial and government customers. It was established in New York in 1823.
Earnings Per Share
As for profitability, Consolidated Edison has a trailing twelve months EPS of $3.28.
PE Ratio
Consolidated Edison has a trailing twelve months price to earnings ratio of 25. Meaning, the purchaser of the share is investing $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 6.65%.Revenue Growth
Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 14.06B for the twelve trailing months.
2. Banco Latinoamericano de Comercio Exterior, S.A. (BLX)
53.19% Payout Ratio
Banco Latinoamericano de Comercio Exterior S.A. is a multi-national bank that specializes in financing foreign trade in Latin America, the Caribbean, and other parts of the world. Two segments of the company are Commercial and Treasury. The company offers short- and long-term structured, syndicated, bilateral and structured credits and loan commitments. It also has financial guarantee contracts such as stand-by letters and confirmed letters, as well guarantees covering commercial risks and other assets. It also offers treasury services, including private placements and term deposits. The company serves both financial institutions and corporations as well as sovereigns and other state-owned entities. The former name of the company was Banco Latinoamericano de Exportaciones S.A., but it changed its name in June 2009 to Banco Latinoamericano de Comercio Exterior S.A. Banco Latinoamericano de Comercio Exterior was established in 1977. It is located in Panama City in the Republic of Panama.
Earnings Per Share
As for profitability, Banco Latinoamericano de Comercio Exterior, S.A. has a trailing twelve months EPS of $1.88.
PE Ratio
Banco Latinoamericano de Comercio Exterior, S.A. has a trailing twelve months price to earnings ratio of 7.49. Meaning, the purchaser of the share is investing $7.49 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 6.83%.Volume
Today's last reported volume for Banco Latinoamericano de Comercio Exterior, S.A. is 27894 which is 68.64% below its average volume of 88963.
Revenue Growth
Year-on-year quarterly revenue growth grew by 49.1%, now sitting on 113.68M for the twelve trailing months.
3. City Holding Company (CHCO)
39.86% Payout Ratio
City Holding Company is a holding firm for City National Bank of West Virginia. It provides various financial services in America, including trust, investment, banking and more. It offers individual retirement and certificates of deposit, checking and savings accounts as well as money market and money market accounts. The company also offers commercial and industrial loans. These include loans to corporations and other legal entities borrowers, as well as loans to residential and nonresidential residential properties. It also provides residential real estate loans for consumers to purchase or refinance residences. The company also offers services in mortgage banking, such as fixed- and adjustable-rate loans, construction financing and land loans. It can also produce conventional and government-insured mortgages. Secondary marketing and mortgage servicing are some of the other offerings. Further, it provides deposit services for commercial customers comprising treasury management, lockbox, and other cash management services; merchant credit card services; wealth management, trust, investment, and custodial services for commercial and individual customers; and corporate trust and institutional custody, financial and estate planning, and retirement plan services, as well as automated-teller-machine, interactive-teller-machine, mobile banking, and credit and debit card services. It has 94 branches in West Virginia, Kentucky and Ohio and 926 associates who are full-time employees. City Holding Company was established in 1957. It is located in Charleston, West Virginia.
Earnings Per Share
As for profitability, City Holding Company has a trailing twelve months EPS of $5.02.
PE Ratio
City Holding Company has a trailing twelve months price to earnings ratio of 18.21. Meaning, the purchaser of the share is investing $18.21 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%.Sales Growth
City Holding Company's sales growth is 10.6% for the current quarter and 10.7% for the next.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 11.6% and 10.4%, respectively.Yearly Top and Bottom Value
City Holding Company's stock is valued at $91.34 at 14:25 EST, below its 52-week high of $91.84 and way above its 52-week low of $73.40.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 231.67M for the twelve trailing months.
4. TrustCo Bank Corp NY (TRST)
39.32% Payout Ratio
TrustCo Bank Corp NY is the holding company of Trustco Bank. Trustco Bank is a federal savings bank providing personal and business banking to individuals, corporations, and partnerships. It accepts deposits and provides loans and investment options. The company also acts as an investment trust for real estate. It acquires and holds real estate assets including mortgage-backed securities and residential mortgage loans. The company also serves as an executor and trustee for personal trusts, provides asset and wealth management and estate planning, as well as custodial and other services. It is also a trustee for various employee benefits plans and corporate pensions and profit sharing trusts. It had 142 banking branches and 164 automated teller machines across New York, New Jersey and Vermont as of December 31, 2020. Glenville is the headquarters of this company, which was established in 1902.
Earnings Per Share
As for profitability, TrustCo Bank Corp NY has a trailing twelve months EPS of $3.54.
PE Ratio
TrustCo Bank Corp NY has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing $8.99 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 11.59%.Revenue Growth
Year-on-year quarterly revenue growth grew by 8.2%, now sitting on 188.75M for the twelve trailing months.