(VIANEWS) - North European Oil Royality Trust (NRT), NewJersey Resources Corporation (NJR), Pearson, Plc (PSO) are the highest payout ratio stocks on this list.
We have gathered information about 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 distribute them.
When investigating 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. North European Oil Royality Trust (NRT)
73.6% Payout Ratio
North European Oil Royalty Trust is a grantor trust that holds royalty rights over gas and oil production in different concessions and leases throughout the Federal Republic of Germany. Contracts with German ExxonMobil Corp.'s exploration and development subsidiary and Royal Dutch/Shell Group of Companies grant it rights. It receives royalties from the sales of crude oil, well gas, condensate and sulfur. North European Oil Royalty Trust's headquarters is in Keene (New Hampshire).
Earnings Per Share
As for profitability, North European Oil Royality Trust has a trailing twelve months EPS of $1.25.
PE Ratio
North European Oil Royality Trust has a trailing twelve months price to earnings ratio of 11.56. Meaning, the purchaser of the share is investing $11.56 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 5530.04%.2. NewJersey Resources Corporation (NJR)
63.88% Payout Ratio
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 547,600 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.
Earnings Per Share
As for profitability, NewJersey Resources Corporation has a trailing twelve months EPS of $2.27.
PE Ratio
NewJersey Resources Corporation has a trailing twelve months price to earnings ratio of 17.05. Meaning, the purchaser of the share is investing $17.05 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 12.71%.Yearly Top and Bottom Value
NewJersey Resources Corporation's stock is valued at $38.70 at 02:27 EST, way under its 52-week high of $47.50 and above its 52-week low of $35.56.
3. Pearson, Plc (PSO)
54.14% Payout Ratio
Pearson plc provides educational products and services to governments, educational institutions, corporations, and professional bodies worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services. The company also operates schools, colleges, and universities; and provides online learning services in partnership with universities and other academic institutions. In addition, it delivers and installs off-the-shelf software; and offers services to academic institutions, such as program development, student acquisition, education technology, and student support services, as well as undertakes contracts to process qualifying tests for individual professions and government departments under multi-year contractual arrangements. The company was founded in 1844 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, Pearson, Plc has a trailing twelve months EPS of $0.4.
PE Ratio
Pearson, Plc has a trailing twelve months price to earnings ratio of 23.88. Meaning, the purchaser of the share is investing $23.88 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 6.4%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 10, 2022, the estimated forward annual dividend rate is 0.26 and the estimated forward annual dividend yield is 2.67%.
4. Eaton Vance Corporation Eaton Vance Tax (ETV)
45.49% Payout Ratio
Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the CBOE S&P 500 BuyWrite Index, the NASDAQ-100 Index, and the CBOE NASDAQ-100 BuyWrite Index. Eaton Vance Tax-Managed Buy-Write Opportunities Fund was formed on June 30, 2005 and is domiciled in the United States.
Earnings Per Share
As for profitability, Eaton Vance Corporation Eaton Vance Tax has a trailing twelve months EPS of $1.15.
PE Ratio
Eaton Vance Corporation Eaton Vance Tax has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing $11.17 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 18.83%.Moving Average
Eaton Vance Corporation Eaton Vance Tax's value is way under its 50-day moving average of $14.90 and way below its 200-day moving average of $15.03.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 20, 2022, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 8.82%.
Volume
Today's last reported volume for Eaton Vance Corporation Eaton Vance Tax is 390291 which is 38.67% above its average volume of 281436.
5. International Bancshares Corporation (IBOC)
34.19% Payout Ratio
International Bancshares Corporation, a multibank financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards and safety deposit boxes; collection, notary public, escrow, drive up and walk up facilities, and other customary banking services; and Internet banking services, as well as securities products through third party providers. As of June 30, 2020, the company had 188 branch facilities and 284 ATMs serving 88 communities in Texas and Oklahoma. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
Earnings Per Share
As for profitability, International Bancshares Corporation has a trailing twelve months EPS of $3.51.
PE Ratio
International Bancshares Corporation has a trailing twelve months price to earnings ratio of 12.56. Meaning, the purchaser of the share is investing $12.56 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 10.16%.