(VIANEWS) - Crestwood Equity Partners LP (CEQP), Delaware Investments Dividend & Income Fund (DDF), Open Text Corporation (OTEX) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. The payout ratio in itself isn't a guarantee 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. Crestwood Equity Partners LP (CEQP)
1422.22% Payout Ratio
Crestwood Equity Partners LP provides a range of infrastructure solutions to liquids-rich natural gas and crude oil shale plays in the United States. It operates through three segments: Gathering and Processing (G&P); Storage and Transportation (S&T); and Marketing, Supply and Logistics (MS&L). The G&P segment offers gathering and transportation services for natural gas, crude oil, and produced water; and processing, treating, compression, and disposal services for natural gas. The S&T segment provides crude oil and natural gas storage and transportation services to producers, utilities, and other customers; and operates crude oil terminals in the Bakken and Powder River Basin, as well as natural gas storage and transportation assets in the Northeast and Texas Gulf Coast. The MS&L segment offers natural gas liquid (NGL), crude oil, and natural gas marketing and logistics services to producers, refiners, marketers, and other customers. The company owns and operates natural gas facilities with approximately 2.9 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 1.2 Bcf/d of processing capacity; crude oil facilities with approximately 150,000 Bbls/d of gathering capacity and 266,000 Bbls of storage capacity; and produced water facilities with approximately 180,000 Bbls/d of gathering and disposal capacity. Crestwood Equity GP LLC serves as the general partner of Crestwood Equity Partners LP. The company was formerly known as Inergy L.P. and changed its name to Crestwood Equity Partners LP in October 2013. Crestwood Equity Partners LP was founded in 2001 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Crestwood Equity Partners LP has a trailing twelve months EPS of $0.18.
PE Ratio
Crestwood Equity Partners LP has a trailing twelve months price to earnings ratio of 153.33. Meaning, the purchaser of the share is investing $153.33 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 5.01%.Growth Estimates Quarters
For the current quarter, the company expects a decline of 43% in growth and a rise of 1300% the following.Moving Average
Crestwood Equity Partners LP is currently at $28.38 per day, which is lower than its 50-day moving mean of $28.38. It also has a value of $28.13 per day.2. Delaware Investments Dividend & Income Fund (DDF)
502.41% Payout Ratio
Delaware Investments Dividend and Income Fund, Inc., is an equity mutual fund that's closed-ended. It was launched by Delaware Management Holdings, Inc. Delaware Management Company manages it. It invests in the United States' public equity markets. The fund invests in stocks from companies that operate across diverse sectors. It invests mainly in large-cap dividend-paying value stocks. The fund benchmarks its performance against the S&P 500 Index, the Lipper Closed End Income and Preferred Stock Fonds Average. Delaware Investments Dividend and Income Fund, Inc., was established March 26, 1993 and is based in the United States.
Earnings per Share
Delaware Investments Dividend & Income Fund's trailing 12 months EPS is $-0.59.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 0.23%.Volume
Today's last reported volume for Delaware Investments Dividend & Income Fund is 9601 which is 66.41% below its average volume of 28587.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.6%, now sitting on 3.22M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2022, the estimated forward annual dividend rate is 1.07 and the estimated forward annual dividend yield is 13.43%.
3. Open Text Corporation (OTEX)
164.67% Payout Ratio
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Earnings per Share
Open Text Corporation's trailing twelve-month EPS is $0.55.
PE Ratio
Open Text Corporation's trailing 12-month price-earnings ratio is 60.13. The purchaser of the shares is investing $60.13 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 3.68%.Sales Growth
Open Text Corporation's sales growth is 0.6% for the present quarter and negative 1.9% for the next.
Volume
Today's last reported volume for Open Text Corporation is 465095 which is 32.68% below its average volume of 690890.
4. Philip Morris International (PM)
89.32% Payout Ratio
Philip Morris International Inc. is a tobacco company that works to deliver a smoke-free world. The long-term vision of Philip Morris International Inc. is to expand its portfolio to other products than the nicotine and tobacco sector. Its products include cigarettes, smoke-free products and heat-not burn, vapor and oral nicotine products. The products are available in countries outside of the United States. HEETS Creations and HEETS Dimensions are the brands that offer smoke-free products. The company also offers its products under the Marlboro and Parliament brands. The company also owns a number of cigarette brands including Dji Sam Soe and Sampoerna A in Indonesia, and Sampoerna U and Fortune in the Philippines. It sells smoke-free products to 71 countries. Philip Morris International Inc., which was founded in 1987 is located in New York.
Earnings per Share
Philip Morris International's trailing 12 months profit per share is $5.54
PE Ratio
Philip Morris International's trailing 12-month price-to-earnings ratio is 18.3. The purchaser of the shares is therefore investing $18.3 per dollar in annual earnings.
Sales Growth
Philip Morris International's sales growth is negative 9.9% for the current quarter and negative 5% for the next.
Volume
Today's last reported volume for Philip Morris International is 2837910 which is 42.05% below its average volume of 4897940.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 31.71B for the twelve trailing months.
Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is a negative 9.6% and a negative 6.8%, respectively.5. Paychex (PAYX)
73.05% Payout Ratio
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
Earnings per Share
Paychex's trailing 12 month EPS is $2.92.
PE Ratio
Paychex's trailing 12-month price-earnings ratio is 41.12. The purchaser of the shares is therefore investing $41.12 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 46.54%.Revenue Growth
Year-on-year quarterly revenue growth grew by 11.4%, now sitting on 4.74B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 7, 2022, the estimated forward annual dividend rate is 3.16 and the estimated forward annual dividend yield is 2.74%.
Moving Average
Paychex is worth more than its 50-day average $119.10, and less than its 200-day average $121.71.6. Richmond Mutual Bancorporation (RMBI)
30.63% Payout Ratio
Richmond Mutual Bancorporation, Inc. is a holding firm for First Bank Richmond, which provides various banking services. It accepts deposits from various sources, such as savings, demand, or money market accounts. The company also provides a variety of loans products such as commercial, multifamily, industrial, commercial, development, residential, mortgage loans and consumer loans. The company also offers lease financing services. It provides fee-based services that include trust and estate administration and investment management. Retirement plan administration and private banking services. The company operates 12 full-service and 1 limited-service bank offices, with 7 full-service and 1 limited-service locations in Indiana and 5 offices in Ohio. Two offices in Sidney, Ohio, two in Piqua, one in Troy and one in Columbus are also available. Richmond Mutual Bancorporation, Inc. is an Indiana-based bank founded in 1887.
Earnings per Share
Richmond Mutual Bancorporation's trailing twelve-month EPS is $0.94.
PE Ratio
Richmond Mutual Bancorporation's trailing 12-month price-to-earnings ratio is 13.56. The purchaser of the shares is therefore investing $13.56 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 8.15 percent.Volume
Richmond Mutual Bancorporation's current reported volume is 102, which is 97.95% less than its usual volume of 4980.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 45.72M for the twelve trailing months.