(VIANEWS) - Gabelli Utility Trust (GUT), ING Group (ING), Cohn & Steers (CNS) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio as yet. 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. Gabelli Utility Trust (GUT)
684.7% Payout Ratio
GAMCO Investors, Inc. launched the Gabelli Utility Trust, a closed-ended equity mutual trust fund. Gabelli Funds, LLC manages it. It invests on the global public equity markets. The fund invests in stock of companies that provide products or services or equipment to the production or distribution of electricity or gas. It invests in stock of companies with a wide range of market capitalizations. The fund benchmarks its portfolio performance against the S&P 500 Utilities Index and Lipper Utility Fund Average. Gabelli Utility Trust was established on July 9, 1999. It is based in the United States.
Earnings per Share
Gabelli Utility Trust's trailing 12 months earnings per share (EPS) is $0.09.
PE Ratio
Gabelli Utility Trust's trailing 12 months earnings to price ratio is 80.11. The purchaser of the shares is therefore investing $80.11 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 1.19%.Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on January 12, 2023. The forward dividend rate for the year is estimated at 0.6, and the forward dividend yield to be 8.32%.
Volume
Today's last reported volume for Gabelli Utility Trust is 72682 which is 41.94% below its average volume of 125185.
2. ING Group (ING)
86.04% Payout Ratio
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans. It also provides debt capital market, working capital, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, equity market, finance, payments and cash management, and trade services and solutions, as well as savings, investment, insurance, mortgage, and digital banking services. The company serves customers, corporate clients, and financial institutions, including small and medium-sized, and mid-corporates. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
Earnings per Share
ING Group's trailing 12 month EPS is $0.77.
PE Ratio
ING Group's trailing 12-month price-earnings ratio is 15.51. The purchaser of the shares is thus investing $15.51 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a company, was 7.45%.3. Cohn & Steers (CNS)
50.97% Payout Ratio
Cohen & Steers, Inc., is a public asset management holding company. The firm's subsidiaries provide services for institutional investors such as foundations, pension funds, endowments and endowments. Through its subsidiaries, it manages client-focused equity and fixed income portfolios as well as multi-asset, commodity, and multi-asset portfolios. Through its subsidiaries, the firm manages mutual funds that are equity, balanced, fixed income and multi-asset. It also manages and launches hedge funds through its subsidiaries. Through its subsidiaries, the firm is able to invest in fixed income and public equity markets around the world. It invests through its subsidiaries in real estate companies, such as real estate investment trusts and infrastructure sector. This sector is used for equity and fixed-income investments. Through its subsidiaries, the firm invests in preferred securities to fund its fixed income investments. Cohen & Steers, Inc., was established in 1986. It is headquartered in New York, and has additional offices in London, United Kingdom, Central, Hong Kong, Tokyo, Japan, and Seattle, Washington.
Earnings Per Share
As for profitability, Cohn & Steers has a trailing twelve months EPS of $4.12.
PE Ratio
Cohn & Steers has a trailing twelve months price to earnings ratio of 15.85. Meaning, the purchaser of the share is investing $15.85 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 50.44%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 37.9% and a negative 26%, respectively.4. ITT Educational Services (ESI)
44.44% Payout Ratio
Element Solutions Inc produces and sells specialty chemical products the United States, China, and internationally. The company operates in two segments, Electronics and Industrial & Specialty. The Electronics segment researches, formulates, and delivers specialty chemicals and materials for various types of electronics hardware products. This segment offers electronic assembly materials; circuitry solutions comprising circuit board metallization products, circuit formation products, and electronic materials; and semiconductor solutions. This segment primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; graphics solutions that comprise consumable chemicals that enable printing image transfer on flexible packaging materials; and energy solutions, which consist of chemistries used in water-based hydraulic control fluids for offshore deep-water drilling. This segment's products include electroless nickel products, plating products, pre-treatment and cleaning solutions, functional conversion coatings, hard-coated films, and water treatment products; solid sheet printing elements and liquid imaging products; and offshore fluids. This segment serves the aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1922 and is based in Fort Lauderdale, Florida.
Earnings per Share
ITT Educational Services' trailing twelve-month EPS is $0.72.
PE Ratio
ITT Educational Services' trailing 12-month price-to-earnings ratio is 26.25. The purchaser of the shares is therefore investing $26.25 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 7.44%.Volume
Today's last reported volume for ITT Educational Services is 717702 which is 47.14% below its average volume of 1357890.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Nov 29, 2022, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 1.67%.