(VIANEWS) – DTE Energy Company (DTE), Franklin Universal Trust (FT), Northeast Community Bancorp (NECB) are the highest payout ratio stocks on this list.

We have collected information concerning stocks with the highest payout ratio up until now. 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 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. 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 transport 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 15.73. Meaning,
the purchaser of the share is investing $15.73 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%.

Moving Average

DTE Energy Company’s value is way under its 50-day moving average of $130.42 and below its 200-day moving average of $126.67.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 3.54 and the estimated forward annual dividend yield is 2.72%.

2. Franklin Universal Trust (FT)

71.82% Payout Ratio

Franklin Resources, Inc. launched Franklin Universal Trust, a closed-ended, balanced mutual fund. Franklin Advisers, Inc. manages the fund. The fund invests in fixed and public income markets within the United States. It invests in utilities companies. The fund uses fundamental analysis to diversify its portfolio with dividend-paying utility stocks and corporate bonds. Fund benchmarks its equity portfolio against S&P 500 Electric Utilities Index, and the fixed against Credit Suisse High Yield. Franklin Universal Trust was established on September 23, 1988, and it is based in the United States.

Earnings Per Share

As for profitability, Franklin Universal Trust has a trailing twelve months EPS of $0.37.

PE Ratio

Franklin Universal Trust has a trailing twelve months price to earnings ratio of 17.98. Meaning,
the purchaser of the share is investing $17.98 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 8.68%.

Moving Average

Franklin Universal Trust’s value is way below its 50-day moving average of $7.68 and way under its 200-day moving average of $7.86.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 14, 2022, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 6.67%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.4%, now sitting on 14.45M for the twelve trailing months.

Yearly Top and Bottom Value

Franklin Universal Trust’s stock is valued at $6.58 at 14:23 EST, way below its 52-week high of $8.79 and above its 52-week low of $6.51.

3. Northeast Community Bancorp (NECB)

53.33% Payout Ratio

Northeast Community Bancorp, Inc. is the holding company of Northeast Community Bank, which provides various financial services for consumers and businesses. Deposit products such as savings, checking, money market and individual retirement accounts are accepted by the company. The company offers multi-family, mixed use, and real-estate loans, commercial and industrial loans, construction loans, consumer loans, passbook, term and small-business administration loans, as well as revolving credit lines. It also provides ATM/debit/credit, gift, and other financial services such as investment advisory, financial planning, remote deposit, wire transfer and automated clearinghouse, cash management, Internet, mobile and telephone banking, as well credit card merchant and coin, currency and credit card merchant services. Three full-service branches are available in New York, three in Massachusetts and one in Rockland County. There are also two Orange County full-service branch offices. The company also has a New York City loan production office. It was established in 1934. The headquarters are in White Plains in New York. Northeast Community Bancorp, Inc., is a subsidiary to Northeast Community Bancorp, MHC.

Earnings Per Share

As for profitability, Northeast Community Bancorp has a trailing twelve months EPS of $0.9.

PE Ratio

Northeast Community Bancorp has a trailing twelve months price to earnings ratio of 14.43. Meaning,
the purchaser of the share is investing $14.43 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 6.7%.

Moving Average

Northeast Community Bancorp’s value is above its 50-day moving average of $12.54 and way above its 200-day moving average of $11.76.

Yearly Top and Bottom Value

Northeast Community Bancorp’s stock is valued at $12.99 at 14:23 EST, under its 52-week high of $13.15 and way above its 52-week low of $10.39.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 640% and 40.7%, respectively.

4. Sierra Bancorp (BSRR)

37.19% Payout Ratio

Sierra Bancorp is the holding bank company of Bank of the Sierra. It provides commercial and retail banking services for individuals and companies in California. It accepts a variety of deposit products such as savings, checking, time deposits and retirement accounts. The company offers a variety of loan products, including commercial, residential, mortgage, construction and consumer loans. It also provides automated teller machines, electronic point-of sale payment options; online and telephone banking services; remote deposit capture; and automated payroll services to business customers. It had 40 branches with full service, one online branch and an agricultural credit centre. Sierra Bancorp was established in 1977. It is located in Porterville in California.

Earnings Per Share

As for profitability, Sierra Bancorp has a trailing twelve months EPS of $2.42.

PE Ratio

Sierra Bancorp has a trailing twelve months price to earnings ratio of 8.48. Meaning,
the purchaser of the share is investing $8.48 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 11.22%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 28, 2022, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 4.47%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.6%, now sitting on 134.64M for the twelve trailing months.

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