(VIANEWS) – Gabelli Utility Trust (GUT), Duke Energy (DUK), Telefonica Brasil, S.A. ADS (VIV) 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 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 investigating 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. Gabelli Utility Trust (GUT)

684.7% Payout Ratio

GAMCO Investors, Inc. launched the Gabelli Utility Trust, a closed-end equity mutual 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

As for profitability, Gabelli Utility Trust has a trailing twelve months EPS of $0.09.

PE Ratio

Gabelli Utility Trust has a trailing twelve months price to earnings ratio of 77.44. Meaning,
the purchaser of the share is investing $77.44 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 1.19%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 13, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 8.55%.

Yearly Top and Bottom Value

Gabelli Utility Trust’s stock is valued at $6.97 at 02:23 EST, way under its 52-week high of $8.36 and higher than its 52-week low of $6.41.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.6%, now sitting on 8.18M for the twelve trailing months.

2. Duke Energy (DUK)

82.35% Payout Ratio

Duke Energy Corporation and its subsidiaries operate in the United States as an energy company. The company operates in three main segments, Electric Utilities and Infrastructure; Gas Utilities and Infrastructure; and Commercial Renewables. Electric Utilities and Infrastructure generates and distributes electricity throughout the Carolinas and Florida. It also uses natural gas, coal, and oil to produce electricity. The company also deals in wholesale electricity, including to electric cooperative utilities and load-serving agencies. The segment services approximately 8.2 Million customers across 6 US states, covering approximately 91,000 sq. miles. It also owns 50.259 megawatts of generation capacity. Gas Utilities and Infrastructure distributes natural gaz to residential, industrial, and power generation customers. It also owns, manages and invests in natural gas storage and pipeline transmission. There are approximately 1.6million customers. This includes 1.1 million in North Carolina and South Carolina and ten thousand in Tennessee. In addition, there are 550,000 customers located in northern Kentucky and southwestern Ohio. Commercial Renewables is responsible for acquiring, developing, building, operating, maintaining, and distributing wind and solar energy generation projects. This includes non-regulated renewable energy as well as energy storage services to utility companies, electric cooperatives and municipalities. There are 23 wind turbines, 178 solar and two battery storage locations. Additionally, there are 71 fuel cells with a total capacity of 3,554MW in 22 states. The former name of the company was Duke Energy Holding Corp., but it changed its name in April 2005 to Duke Energy Corporation. It was established in 1904, and its headquarters is in Charlotte in North Carolina.

Earnings Per Share

As for profitability, Duke Energy has a trailing twelve months EPS of $1.72.

PE Ratio

Duke Energy has a trailing twelve months price to earnings ratio of 54.31. Meaning,
the purchaser of the share is investing $54.31 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 6.84%.

Sales Growth

Duke Energy’s sales growth is 1.4% for the current quarter and 7% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 4.02 and the estimated forward annual dividend yield is 3.66%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 7% and positive 2.7% for the next.

Previous days news about Duke Energy (DUK)

  • Duke energy still has 430,000 Florida customers without power, give estimates for times of restoration. According to MarketWatch on Friday, 30 September, "Shares of Duke Energy Corp. fell 1.8% in afternoon trading Friday, after the utility company said while 430,000 of its customers in Florida are still without power because of has lost 8.2% and the Dow Jones Industrial Average has given up 6.1%."

3. Telefonica Brasil, S.A. ADS (VIV)

72.81% Payout Ratio

TelefA’nica Brasil S.A. and its subsidiaries provide mobile and fixed telecom services for residential and business customers in Brazil. Fixed line services include long distance calls, both domestic and international, as well as local and long-distance calling. The mobile portfolio offers voice and broadband access via 3G, 4G and 4.5G. Data services include broadband and mobile data. It also offers pay TV services via satellite, IPTV and cable. The company also offers multi-media communication services that include audio, voice, text, images and sounds as well as selling devices such as smartphones and broadband USB modems. It also provides IT support and telecommunications solutions to various industries such as manufacturing, finance, retail, service, government, and services. The company markets its products through dealers, own shops, retailers, distribution channels, door to door sales and outbound telephone sales. The original name of the company was TelecomunicaASSAues de SAPSo Paulo S.A.- TELESP. In October 2011, TelefA’nica Brasil S.A. took over. It was founded in 1998. The headquarters are located in SAPSo Paulo in Brazil.

Earnings Per Share

As for profitability, Telefonica Brasil, S.A. ADS has a trailing twelve months EPS of $0.61.

PE Ratio

Telefonica Brasil, S.A. ADS has a trailing twelve months price to earnings ratio of 12.33. Meaning,
the purchaser of the share is investing $12.33 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 7.95%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Telefonica Brasil, S.A. ADS’s EBITDA is 3.8.

Yearly Top and Bottom Value

Telefonica Brasil, S.A. ADS’s stock is valued at $7.52 at 02:23 EST, way under its 52-week high of $11.78 and above its 52-week low of $7.39.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 31, 2022, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 1.86%.

4. Scotts Miracle (SMG)

36.26% Payout Ratio

Scotts Miracle-Gro Company produces, markets and sells lawn and garden products for consumers in the United States as well as internationally. It operates in three distinct segments, U.S. Consumer and Hawthorne. The company offers lawn products such as fertilizers, lawn seed products spreaders and other durable products. It also sells lawn products that control weeds and pests. It also offers gardening products such as potting mix and soil products, mulch, decorative groundcover, pest control and organic products for plants, life goods, seeding and other landscape products. It also offers products to help grow vegetables, plants and flowers using very little soil. It offers products under several brands, including Scotts Turf Builder and PatchMaster. The company serves large retailers and home centers as well as independent and chain hardware stores as well as nurseries and garden centers. Scotts Miracle-Gro Company is located in Marysville in Ohio. It was established in 1868.

Earnings Per Share

As for profitability, Scotts Miracle has a trailing twelve months EPS of $8.45.

PE Ratio

Scotts Miracle has a trailing twelve months price to earnings ratio of 5.06. Meaning,
the purchaser of the share is investing $5.06 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 42.54%.

LEAVE A REPLY

Please enter your comment!
Please enter your name here