(VIANEWS) - Gabelli Utility Trust (GUT), Southern Company (SO), MarketAxess Holdings (MKTX) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio as yet. 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 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-month price-to-earnings ratio is 82.11. The purchaser of the shares is therefore investing $82.11 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
According to Morningstar, Inc., the next dividend payment is on Jan 12, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 8.12%.
Moving Average
Gabelli Utility Trust's value is above its 50-day moving average of $7.03 and higher than its 200-day moving average of $7.21.2. Southern Company (SO)
93.99% Payout Ratio
Through its subsidiaries, the Southern Company engages in generation, transmission and distribution of electric power. The company operates via Gas Distribution Operations and Gas Pipeline Investments segments. It also builds, purchases, manages and owns power generation assets. The company sells wholesale electricity to customers in Tennessee, Georgia, Virginia and Georgia. It also owns or operates 30 hydroelectric stations and 24 fossil fuel/cogeneration stations. 13 nuclear generating station, 3 nuclear generating sites, 1 fuel cell facility and 4 battery storage facilities. The company constructs, maintains, and operates 76,289 mile of natural gas pipelines. 14 storage facilities have a total capacity of 157 billion cubic feet. This allows it to supply natural gas to industrial, residential and commercial customers. It serves 8.7 million customers in the electric and gas utilities sector. The company also offers fiber optics and digital wireless communications services. Southern Company was founded in 1945. It is located in Atlanta, Georgia.
Earnings Per Share
As for profitability, Southern Company has a trailing twelve months EPS of $3.18.
PE Ratio
Southern Company has a trailing twelve months price to earnings ratio of 22.46. Meaning, the purchaser of the share is investing $22.46 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 8.72%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 30.6% and a negative 13.4%, respectively.3. MarketAxess Holdings (MKTX)
42.86% Payout Ratio
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, MarketAxess Holdings has a trailing twelve months EPS of $8.
PE Ratio
MarketAxess Holdings has a trailing twelve months price to earnings ratio of 34.86. Meaning, the purchaser of the share is investing $34.86 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 23.45%.4. Ormat Technologies (ORA)
40.68% Payout Ratio
Ormat Technologies, Inc. is involved in the recovery and geothermal energy power business. It operates in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, Honduras, Chile, Turkey, Chile, Guatemala, New Zealand, Honduras, Indonesia, Kenya, Turkey, Chile, Turkey, Chile, Guatemala, New Zealand, Honduras, as well as internationally. It operates in three main segments, Electricity, Product, and Energy Storage and Management Services. Electricity develops, constructs, owns and operates solar photovoltaic and geothermal power plants. It also sells electricity. Products designs, produces, and markets equipment that is used in geothermal and recovered-energy-based electricity generation. The segment provides engineering, procurement and construction of recovered energy-based power stations. This segment is for contractors, developers, operators, and owners of geothermal power stations; as well as owners and operators interstate natural gas pipes, cement plants, and gas processing plants. It also serves companies involved in energy-intensive industrial processes. Energy Storage and Management Services offers demand response and energy storage services. It also provides services related to engineering, procurement construction and operation of energy storage units. Ormat Technologies, Inc. is located in Reno, Nevada.
Earnings Per Share
As for profitability, Ormat Technologies has a trailing twelve months EPS of $1.18.
PE Ratio
Ormat Technologies has a trailing twelve months price to earnings ratio of 73.2. Meaning, the purchaser of the share is investing $73.2 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 4.01%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 17.1% and 54.3%, respectively.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 14, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 0.55%.
Sales Growth
Ormat Technologies saw a 4.4% increase in sales for its current quarter, and 17.4% the following.
Volume
Ormat Technologies' last reported volume is now 180535, which is 63.93% lower than its 500641 average volume.
5. Information Services Group (III)
38.24% Payout Ratio
Information Services Group, Inc., along with its subsidiaries, is a company that provides technology advisory and research services in Europe, the Americas, and Asia Pacific. It offers services such as digital transformation, automation, cloud and data analytics, sourcing advisory, managed governance and risk, network carrier, technology strategy and operation design, change management, market intelligence, technology research and analysis, and managed governance and risks. The company supports both private and public sectors in optimizing their operations and transforming them. ISG Digital is a platform for clients to develop technology, transformation, source, and digital solutions. ISG Enterprise is a platform for clients that assists them in managing change and optimizing operations. It also offers ISG GovernX software, which gives insights from market performance and helps automate the management third-party supplier relationships, including contract lifecycles and risk management. It serves clients in private sectors such as manufacturing, financial services and insurance. Information Services Group, Inc., was established in 2006. It is located in Stamford, Connecticut.
Earnings per Share
Information Services Group's trailing twelve-month EPS is $0.26.
PE Ratio
Information Services Group's trailing 12-month price-earnings ratio is 17.69. The purchaser of the shares is therefore investing $17.69 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 18.72%.Revenue growth
The year-on-year revenue growth was 0.1%. It now stands at 283.93M in the 12 trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 1, 2022, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 2.99%.
6. Sierra Bancorp (BSRR)
38.08% Payout Ratio
Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.
Earnings per Share
Sierra Bancorp's trailing twelve-month EPS is $2.39.
PE Ratio
Sierra Bancorp's trailing 12-month price-earnings ratio is 8.89. The purchaser of the shares is therefore investing $8.89 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 10.97%.