(VIANEWS) - Hecla Mining (HL), DTE Energy Company (DTE), Pzena Investment Management (PZN) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. 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 distribute them.
When researching 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. Hecla Mining (HL)
116.67% Payout Ratio
Hecla Mining Company and its affiliates discover, acquire, develop, and produce precious and base metal properties both in the United States as well as internationally. It mines silver, gold and lead concentrates as well as carbon materials containing silver or gold that can be sold to metal traders and custom smelters. The company holds 100% interest in Greens Creek, a mine on Admiralty Island, southeast Alaska, the Lucky Friday mine in Idaho, and Casa Berardi, a mine in northwestern Quebec. It also owns the San Sebastian mine in Durango, Mexico. It also owns 100% in the Fire Creek Mine in Lander County Nevada, and in the Hollister, Midas, and Elko County Nevada mines. Hecla Mining Company was established in Idaho in 1891. It is headquartered at Coeur d'Alene.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.03%.2. DTE Energy Company (DTE)
85.5% Payout Ratio
DTE Energy Company is involved in utility operations. DTE Energy Company's Electric Segment generates, buys, distributes and sells electricity in the southeastern Michigan region to around 2.3 million customers. The company generates electricity using fossil fuel, hydroelectrically pumped storage and nuclear power, in addition to wind energy and other renewable assets. The segment operates 698 distribution substations as well as 449,800 line converters. The Gas segment of the company purchases, stores and transports natural gas. It also sells storage capacity and transportation capacity. The segment boasts about 20,000 miles worth of distribution lines, 1,304,000 service pipes and approximately 1,305,000 meters of active meters. It also owns around 2,000 miles in transmission pipelines. Power and Industrial Projects is the company's power segment. It offers industrial coke, pulverized coke, and petroleum coke for steel, pulp and papers, and also provides steam, chilled water, and power to other industries. The company also supplies compressed air to customers. The Energy Trading segment deals in natural gas and power; environmental marketing and trade; structured transactions; optimization of natural gas pipeline transport and storage locations; and providing compressed air to industrial customers. Detroit is the headquarters of this company, which was established in 1903.
Earnings Per Share
As for profitability, DTE Energy Company has a trailing twelve months EPS of $7.36.
PE Ratio
DTE Energy Company has a trailing twelve months price to earnings ratio of 14.59. Meaning, the purchaser of the share is investing $14.59 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 7.44%.Volume
Today's last reported volume for DTE Energy Company is 1523150 which is 13.7% above its average volume of 1339560.
Revenue Growth
Year-on-year quarterly revenue growth grew by 63%, now sitting on 17.86B for the twelve trailing months.
Moving Average
DTE Energy Company's value is way below its 50-day moving average of $126.74 and way under its 200-day moving average of $126.25.3. Pzena Investment Management (PZN)
75.61% Payout Ratio
Pzena Investment Management, Inc., is an investment manager that is publicly held. It manages equity mutual funds on behalf of its clients. The firm invests in public equity markets. Pzena Investment Management, Inc., was established in 2007. It is located in New York City and has additional offices in Melbourne, Australia, and London, United Kingdom.
Earnings Per Share
As for profitability, Pzena Investment Management has a trailing twelve months EPS of $0.82.
PE Ratio
Pzena Investment Management has a trailing twelve months price to earnings ratio of 11.65. Meaning, the purchaser of the share is investing $11.65 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 64.8%.4. Sapiens International Corporation N.V. (SPNS)
49.47% Payout Ratio
Sapiens International Corporation N.V. offers software solutions to the financial and insurance services industry in North America, Europe and the Asia Pacific. Sapiens CoreSuite is available for personal, business, and specialty lines. Reinsurance and workers' comp are also offered by Sapiens CoreSuite. Sapiens UnderwritingPro and Sapiens ApplicationPro are Sapiens illustrationPro and Sapiens CoreSuite. Sapiens ConsolidationMaster can be used for annuities, life and pension. Sapiens DigitalSuite is available to insurance agents, brokers and risk managers. Sapiens AgentConnect, Sapiens CustomerConnect, Sapiens IntelligencePro and Sapiens AgentConnect portals. Sapiens Advanced Analytics uses AI and Machine Learning, and generates actionable insights based upon different models in the insurance value chain. The company also offers Sapiens ReinsuranceMaster and Sapiens ReinsurancePro reinsurance options; Sapiens Platform and Sapiens CoreSuite and Sapiens ClaimsPro as well as Sapiens PolicyGo and Sapiens ClaimsGo and Sapiens Connect to workers' compensation. It also offers financial and compliance services, including Sapiens FinancialPro and Sapiens Financial GO as well as Sapiens StatementPro and Sapiens CheckPro. Sapiens Connect for workers' compensation is available through Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro and Sapiens ClaimsPro. The company also offers customized solutions based upon its Sapiens eMerge platform. It also provides program delivery, managed services, and business management. The company markets its services and products through partner and direct sales. Holon is the headquarters of this company, which was established in 1982.
Earnings Per Share
As for profitability, Sapiens International Corporation N.V. has a trailing twelve months EPS of $0.95.
PE Ratio
Sapiens International Corporation N.V. has a trailing twelve months price to earnings ratio of 19.63. Meaning, the purchaser of the share is investing $19.63 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 13.84%.Moving Average
Sapiens International Corporation N.V.'s value is way below its 50-day moving average of $21.32 and way below its 200-day moving average of $25.45.5. Corning Incorporated (GLW)
43.59% Payout Ratio
Corning Incorporated is involved in the development of display technology, optical communication, environmental technologies and specialty materials. It also has life science businesses around the world. Corning Incorporated's Display Technologies division offers glass substrates to liquid crystal displays, organic light-emitting devices, and desktop monitors. It also makes handheld devices such as televisions and tablets. The company's Optical Communication segment offers optical fibers and cables, as well as hardware and equipment products such cable assemblies, fiber optic hardware, connectors and optical components, couplers, closures and network interface devices and other accessories. The segment offers products to individuals, businesses and governments. The Specialty Materials segment produces products for the glass industry. These include glass ceramics and crystals as well as software and precision metrology instruments. The segment is used in a variety of industries including consumer electronics, aerospace and defense optics, radiation shielding, sunglasses and telecoms components. Environmental Technologies offers filter products and ceramic substrates for controlling emissions in gasoline and diesel mobile and stationary applications. Life Sciences offers lab products that include consumables such as liquid handling plastics and specialty surfaces. It also sells general laboratoryware under the Corning Falcon Pyrex and Axygen brand names. Corning Glass Works was the company's former name. In April 1989, Corning Incorporated took over that title. Corning Incorporated is located in Corning in New York.
Earnings Per Share
As for profitability, Corning Incorporated has a trailing twelve months EPS of $1.41.
PE Ratio
Corning Incorporated has a trailing twelve months price to earnings ratio of 22.89. Meaning, the purchaser of the share is investing $22.89 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 16.9%.Revenue Growth
Year-on-year quarterly revenue growth grew by 3.3%, now sitting on 14.59B for the twelve trailing months.
Yearly Top and Bottom Value
Corning Incorporated's stock is valued at $32.28 at 02:24 EST, way below its 52-week high of $43.47 and way higher than its 52-week low of $28.98.
Sales Growth
Corning Incorporated's sales growth for the next quarter is 2.4%.