(VIANEWS) – Hannon Armstrong Sustainable Infrastructure Capital (HASI), Molson Coors Brewing Company (TAP), E.I. du Pont de Nemours and Company (DD) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise 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. Hannon Armstrong Sustainable Infrastructure Capital (HASI)

104.37% Payout Ratio

Hannon Armstrong Sustainable Infrastructure Capital, Inc. offers capital and services in support of the United States’ energy efficiency, renewable energy, or other sustainable infrastructure markets. Projects of the company include projects to reduce energy consumption or costs in buildings and facilities. This includes solar energy, which can be used for heating, ventilation and air conditioning, lighting, energy controls and energy controls. The company also works in grid-connected projects which use cleaner energy sources such as solar or wind to produce power. It also invests in other infrastructure projects including upgrades to transmission and distribution systems and water and stormwater infrastructures. For U.S. income tax purposes, the company is a real property investment trust. If it pays at least 90% of its income tax to stockholders, the company would generally not be subject to federal corporate income tax. Hannon Armstrong Sustainable Infrastructure Capital, Inc., was established in 1981. It is located in Annapolis, Maryland.

Earnings Per Share

As for profitability, Hannon Armstrong Sustainable Infrastructure Capital has a trailing twelve months EPS of $1.41.

PE Ratio

Hannon Armstrong Sustainable Infrastructure Capital has a trailing twelve months price to earnings ratio of 21.85. Meaning,
the purchaser of the share is investing $21.85 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 8%.

Growth Estimates Quarters

For the current quarter, the company expects to grow by 4.3% and 3.8% respectively.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 26, 2022, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 4.81%.

2. Molson Coors Brewing Company (TAP)

65.2% Payout Ratio

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

Earnings Per Share

As for profitability, Molson Coors Brewing Company has a trailing twelve months EPS of $2.27.

PE Ratio

Molson Coors Brewing Company has a trailing twelve months price to earnings ratio of 24.35. Meaning,
the purchaser of the share is investing $24.35 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 3.61%.

Moving Average

Molson Coors Brewing Company is worth more than its 50-day average value of $49.97, and much higher than its 200 day average value of $52.80.

Dividend Yield

Morningstar, Inc. estimates that the next dividend payment will be made on November 30, 2022. The forward dividend rate for 2020 is estimated at 1.52 with a 2.8% yield.

3. E.I. du Pont de Nemours and Company (DD)

42.28% Payout Ratio

DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Electronics & Industrial, Mobility & Materials, and Water & Protection. The Electronics & Industrial segment supplies materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semiconductors and integrated circuits addressing front-end and back-end of the manufacturing process. This segment also provides semiconductor and advanced packaging materials; dielectric and metallization solutions for chip packaging; and silicones for light emitting diode packaging and semiconductor applications; permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, electroless, and electrolytic metallization solutions, as well as patterning solutions, and materials and metallization processes for metal finishing, decorative, and industrial applications. In addition, it offers various materials to manufacture rigid and flexible displays for organic light emitting diode, and other display applications, as well as provides high performance parts, and specialty silicone elastomers, and lubricants. The Mobility & Materials segment provides engineering resins, silicone encapsulants, pastes, filaments, and advanced films to engineers and designers in the transportation, electronics, renewable energy, industrial, and consumer end-markets. The Water & Protection segment provides engineered products and integrated systems for worker safety, water purification and separation, transportation, energy, medical packaging and building materials. The company was formerly known as DowDuPont Inc. and changed its name to DuPont de Nemours, Inc. in June 2019. DuPont de Nemours, Inc. is headquartered in Wilmington, Delaware.

Earnings Per Share

As for profitability, E.I. du Pont de Nemours and Company has a trailing twelve months EPS of $-4.02.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.05%.

Annual Top and Bottom Value

E.I. du Pont de Nemours and Company stock was valued at $71.49 as of 19:23 EST. This is way below its 52-week peak of $85.16 and much higher than its 52 week low of $49.52.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7%, now sitting on 17.13B for the twelve trailing months.

Average Moving

E.I. E.I.

4. Norfolk Southern (NSC)

37.16% Payout Ratio

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and sand; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and provides commuter rail passenger transportation services and operates an intermodal network. As of December 31, 2021, the company operated approximately 19,300 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Atlanta, Georgia.

Earnings Per Share

As for profitability, Norfolk Southern has a trailing twelve months EPS of $9.03.

PE Ratio

Norfolk Southern has a trailing twelve months price to earnings ratio of 28.12. Meaning,
the purchaser of the share is investing $28.12 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 24.08%.

5. Independent Bank Corporation (IBCP)

30.53% Payout Ratio

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Earnings per Share

Independent Bank Corporation’s trailing 12 months profit per share was $2.85.

PE Ratio

Independent Bank Corporation’s trailing 12 months earnings to price ratio is 8.64. The purchaser of the shares is therefore investing $8.64 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 business, was 16.6%.

Volume

Today’s last reported volume for Independent Bank Corporation is 73448 which is 13.01% above its average volume of 64990.

Moving Average

Independent Bank Corporation is worth more than its moving average for 50 days of $21.63 (and its moving average for 200 days of $21.07), and much higher than it is for its value of $21.07.

Yearly Top and Bottom Value

Independent Bank Corporation’s stock is valued at $24.63 at 19:23 EST, under its 52-week high of $26.00 and way higher than its 52-week low of $17.87.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1%, now sitting on 204.88M for the twelve trailing months.