(VIANEWS) - First Trust Specialty Finance and Financial Opportunities Fund (FGB), Black Hills Corporation (BKH), Territorial Bancorp (TBNK) are the highest payout ratio stocks on this list.
We have collected information about stocks with the highest payout ratio up to now. 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. First Trust Specialty Finance and Financial Opportunities Fund (FGB)
471.43% Payout Ratio
First Trust Specialty Finance and Financial Opportunities Fund are closed-ended, equity mutual funds that were launched and managed in part by First Trust Advisors L.P. Confluence Investment Management LLC co-manages it. It invests in American public equity markets. The fund invests in stocks of financial companies that operate in specialty finance, and other areas. It invests primarily in companies that have value stock, but also in REITs and Business Development Companies. To create its portfolio, it uses fundamental analysis. It compares its portfolio's performance to a benchmark that includes 70% Wells Fargo BDC Index and 20% FTSE NAREIT Mortgage REIT Index. The 10% S&P SmallCap Financials Index is used as a benchmark. The fund was previously known as First Trust/Gallatin Specialty Finance, and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund were established on March 20, 2007, and are based in the United States.
Earnings Per Share
As for profitability, First Trust Specialty Finance and Financial Opportunities Fund has a trailing twelve months EPS of $0.07.
PE Ratio
First Trust Specialty Finance and Financial Opportunities Fund has a trailing twelve months price to earnings ratio of 49.86. Meaning, the purchaser of the share is investing $49.86 for every dollar of annual earnings.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on November 21, 2022. The forward dividend rate and forward dividend yield are 0.33 and 9.46%, respectively.
Volume
The current volume reported for First Trust Specialty Finance & Financial Opportunities Fund was 54615, which is 11.4% higher than its average volume (48787).
Annual Top and Bottom Value
First Trust Specialty Finance and Financial Opportunities Fund stock was valued at $3.49 as of 13:23 EST. This is way lower than its 52 week high of $4.32 and much higher than its 52 week low of $2.73.
2. Black Hills Corporation (BKH)
59.95% Payout Ratio
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
Earnings Per Share
As for profitability, Black Hills Corporation has a trailing twelve months EPS of $3.97.
PE Ratio
Black Hills Corporation has a trailing twelve months price to earnings ratio of 17.21. Meaning, the purchaser of the share is investing $17.21 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 9.3%.Volume
Black Hills Corporation's latest reported volume is 456507, which is 2.75 percent more than its 444246 average volume.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Black Hills Corporation's EBITDA is 3.9.
Annual Top and Bottom Value
Black Hills Corporation stock was valued at $68.31 as of 13:23 EST. This is way lower than its 52 week high of $80.95 but higher than its 52-week low $59.08.
Revenue growth
The year-on-year revenue growth was 21.6%. We now have 2.32 billion in the 12 trailing months.
3. Territorial Bancorp (TBNK)
48.68% Payout Ratio
Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.
Earnings Per Share
As for profitability, Territorial Bancorp has a trailing twelve months EPS of $2.08.
PE Ratio
Territorial Bancorp has a trailing twelve months price to earnings ratio of 10.9. Meaning, the purchaser of the share is investing $10.9 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 6.65%.Volume
Today's last reported volume for Territorial Bancorp is 4263 which is 52.46% below its average volume of 8968.
4. Nike (NKE)
34.66% Payout Ratio
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Earnings Per Share
As for profitability, Nike has a trailing twelve months EPS of $2.14.
PE Ratio
Nike has a trailing twelve months price to earnings ratio of 52.43. Meaning, the purchaser of the share is investing $52.43 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 37.39%.Volume
The Nike last reported volume is 4439554 which is 50.84% lower than its 9032350 average.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 47.15B for the twelve trailing months.
Yearly Top and Bottom Value
Nike's stock is valued at $112.14 at 13:24 EST, way under its 52-week high of $173.35 and way higher than its 52-week low of $82.22.
Sales Growth
Nike's sales growth for the current quarter is 10.4%.
Previous days news about Nike (NKE)
- According to The Wall Street Journal on Thursday, 1 December, "Footwear and apparel maker Nike Inc. said it was targeting its discounts to specific goods. ", "But Chief Financial Officer Matthew Friend said only about 10% of the inventory was excess merchandise that Nike was looking to move quickly, focused on out-of-season products such as apparel."
- According to VentureBeat on Friday, 2 December, "Adidas and Nike followed, and Nike even bought RTFKT and launched a community application called .Swoosh."