(VIANEWS) - ProAssurance Corporation (PRA), Middlesex Water Company (MSEX), CenterPoint Energy (CNP) 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 guarantee 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. ProAssurance Corporation (PRA)
62.5% Payout Ratio
Through its subsidiaries, ProAssurance Corporation provides insurance products and property and casualty coverage in the United States. Five segments make up the company: Specialty Property and Casualty Insurance, Workers' Comp Insurance, Segregated Panel Cell Reinsurance and Lloyd's Syndicate. The company offers healthcare professionals liability insurance; legal professional liability insurance; medical technology liability insurance; as well as professional liability insurance. It also provides workers' compensation insurance. The company is also a member of Lloyd's of London Syndicate1729 which covers property and casualty and reinsurance, as well as Syndicate6131 which covers contingency or specialty property insurance. ProAssurance Corporation sells its products via independent agents and brokers as well as through an internal sales force. It was established in 1976 in Birmingham, Alabama.
Earnings per Share
ProAssurance Corporation's trailing twelve-month EPS is $0.32.
PE Ratio
ProAssurance Corporation's trailing 12-month price-earnings ratio is 53.09. The purchaser of the shares is therefore investing $53.09 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 1.43%.Moving Average
ProAssurance Corporation is worth a lot less than its moving average 50 days of $19.84, and much more than its moving average 200 days of $22.06.Sales Growth
ProAssurance Corporation's sales growth is 1% for the present quarter and 1.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ProAssurance Corporation's EBITDA is 1.23.
Revenue growth
The year-on-year revenue growth fell by 11.8%. We now have 1.13B in the 12 trailing months.
2. Middlesex Water Company (MSEX)
48.33% Payout Ratio
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Earnings Per Share
As for profitability, Middlesex Water Company has a trailing twelve months EPS of $2.4.
PE Ratio
Middlesex Water Company has a trailing twelve months price to earnings ratio of 36.24. Meaning, the purchaser of the share is investing $36.24 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 11.12%.3. CenterPoint Energy (CNP)
48.25% Payout Ratio
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.43.
PE Ratio
CenterPoint Energy has a trailing twelve months price to earnings ratio of 21.46. Meaning, the purchaser of the share is investing $21.46 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 10.19%.Sales Growth
CenterPoint Energy has a negative 14.4% quarter-over-quarter sales growth and a negative 0.3% next.
Volume
Today's last reported volume for CenterPoint Energy is 2126280 which is 49.43% below its average volume of 4205390.
4. Abbott Laboratories (ABT)
41.99% Payout Ratio
Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. The Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and measure infectious agents; point of care systems; cartridges for testing blood; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The Nutritional Products segment provides pediatric and adult nutritional products. The Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.
Earnings per Share
Abbott Laboratories' trailing 12 month EPS is $3.19.
PE Ratio
Abbott Laboratories' trailing 12-month price-earnings ratio is 34.18. The purchaser of the shares is therefore investing $34.18 per dollar in annual earnings.
Volume
Abbott Laboratories' last reported volume is 1129790, which is 80.02% lower than its average volume (5655740).
Yearly Top and Bottom Value
Abbott Laboratories's stock is valued at $109.10 at 13:24 EST, way below its 52-week high of $142.60 and way above its 52-week low of $93.25.
Moving Average
Abbott Laboratories's value is above its 50-day moving average of $102.82 and above its 200-day moving average of $108.95.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on October 12, 2022. The forward dividend rate and forward dividend yield are both 1.88 and 1.92%, respectively.
5. Capital City Bank Group (CCBG)
31.55% Payout Ratio
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. It also provides commercial and residential real estate lending products, as well as fixed-rate and adjustable rate residential mortgage loans; personal, automobile, boat/RV, and home equity loans; and credit card programs. In addition, the company offers institutional banking services, including customized checking and savings accounts, cash management systems, tax-exempt loans, lines of credit, and term loans to meet the needs of state and local governments, public schools and colleges, charities, membership, and not-for-profit associations. Further, it provides consumer banking services comprising checking accounts, savings programs, automated teller machines, debit/credit cards, night deposit services, safe deposit facilities, and online and mobile banking services. Additionally, the company provides asset management for individuals through agency, personal trust, IRA, and personal investment management accounts; and various retail securities products, such as the U.S. government bonds, tax-free municipal bonds, stocks, mutual funds, unit investment trusts, annuities, life insurance, and long-term health care. As of January 26, 2021, it had 57 banking offices and 86 ATMs/ITMs in Florida, Georgia, and Alabama. Capital City Bank Group, Inc. was founded in 1895 and is headquartered in Tallahassee, Florida.
Earnings per Share
Capital City Bank Group's trailing 12 months EPS is $2.06.
PE Ratio
Capital City Bank Group's trailing 12-month price-earnings ratio is 15.93. The purchaser of the shares is investing $15.93 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 10.1%.Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 1, 2022, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 2.06%.
Moving Average
Capital City Bank Group's worth is under its 50-day moving average of $34.37 and above its 200-day moving average of $30.16.Revenue Growth
Year-on-year quarterly revenue growth declined by 0.2%, now sitting on 205.75M for the twelve trailing months.