(VIANEWS) - Mesabi Trust (MSB), Williams Companies (WMB), San Juan Basin Royalty Trust (SJT) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio so far. 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. Mesabi Trust (MSB)
157.12% Payout Ratio
Mesabi Trust is a trust that pays royalty to those who are involved in iron ore mining in the United States. It was established in New York in 1961.
Earnings Per Share
As for profitability, Mesabi Trust has a trailing twelve months EPS of $3.21.
PE Ratio
Mesabi Trust has a trailing twelve months price to earnings ratio of 5.32. Meaning, the purchaser of the share is investing $5.32 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 156.73%.Moving Average
Mesabi Trust's value is way under its 50-day moving average of $24.06 and way below its 200-day moving average of $26.29.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 5.05 and the estimated forward annual dividend yield is 28.29%.
Volume
Today's last reported volume for Mesabi Trust is 243674 which is 222.42% above its average volume of 75575.
Yearly Top and Bottom Value
Mesabi Trust's stock is valued at $17.08 at 20:23 EST, way below its 52-week high of $37.36 and higher than its 52-week low of $16.56.
2. Williams Companies (WMB)
137.92% Payout Ratio
Together with its subsidiaries, The Williams Companies, Inc. operates as an infrastructure company that primarily serves the United States. The company operates in three segments: Transmission & Gulf of Mexico and Northeast G&P. West as well as Gas & NGL Marketing Services. Transco's and Northwest's natural gas pipelines are part of the Transmission & Gulf of Mexico segment. They also handle natural gas gathering, processing and crude oil production handling. There is also transportation assets for natural gas in the Gulf Coast region. Northeast G&P is involved in midstream gathering and processing in addition to fractionation in Marcellus Shale, mainly in Pennsylvania and New York. It also operates in eastern Ohio's Utica Shale. The West segment includes gas processing and treatment operations in the Rocky Mountain area of Colorado and Wyoming. It also operates in the Eagle Ford Shale Region of South Texas and North Texas. Gas & NGL Marketing Services provides services such as wholesale marketing, trading and storage of natural gas, transportation and production for producers, natural gas utilities and municipalities; risk management and NGL marketing. It owns or operates approximately 30,000 miles worth of pipelines, 29 processing plants, seven fractionation plants, and 23 million barrels NGL storage. Williams Companies, Inc. was established in Tulsa, Oklahoma in 1908.
Earnings Per Share
As for profitability, Williams Companies has a trailing twelve months EPS of $0.95.
PE Ratio
Williams Companies has a trailing twelve months price to earnings ratio of 33.32. Meaning, the purchaser of the share is investing $33.32 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 10.68%.Revenue Growth
Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 10.84B for the twelve trailing months.
Sales Growth
Williams Companies's sales growth for the current quarter is 34.8%.
Volume
Today's last reported volume for Williams Companies is 7411370 which is 3.68% above its average volume of 7147680.
3. San Juan Basin Royalty Trust (SJT)
100% Payout Ratio
The San Juan Basin Royalty Trust is an express trust that operates in Texas. A 75% net overriding royalty interest has been carved from Southland's natural gas and oil interests in San Juan Basin, northwestern New Mexico. Subject Interests include working rights, royalty interests and overriding royalties. They also have contractual rights in the 119,000 acres of net-producing land in San Juan and Rio Arriba Counties in northwestern New Mexico as well as 825.9 wells. The trustee for the San Juan Basin Royalty Trust is BBVA USA. This company was established in 1980 in Houston, Texas.
Earnings Per Share
As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $0.16.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 63.9. Meaning, the purchaser of the share is investing $63.9 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 1039.3%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jul 27, 2022, the estimated forward annual dividend rate is 1.19 and the estimated forward annual dividend yield is 9.46%.
Moving Average
San Juan Basin Royalty Trust's worth is way under its 50-day moving average of $11.71 and above its 200-day moving average of $9.91.4. Madison Covered Call & Equity Strategy Fund (MCN)
66.67% Payout Ratio
Madison Covered Call & Equity Strategy Fund, a closed-ended equity mutual funds, was launched by Madison Investment Holdings, Inc. Madison Asset Management, LLC manages it. It invests in American public equity markets. The fund invests in stocks from companies that operate across diverse sectors. It invests mainly in stocks that are reasonably priced for growth (GARP), both large- and mid-cap firms. The fund also offers covered call options. To create its portfolio, the fund uses fundamental analysis and a bottom-up stock-picking approach. It focuses on factors such as PEG ratios, financial strength, industry leadership, and price-earnings ratios to growth rate. The fund benchmarks its portfolio's performance against the CBOE S&P 500 Buy/Write Index. To make investments, the fund does its own research. The fund was formerly called Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund, which was established on May 6, 2004, is based in the United States.
Earnings Per Share
As for profitability, Madison Covered Call & Equity Strategy Fund has a trailing twelve months EPS of $0.46.
PE Ratio
Madison Covered Call & Equity Strategy Fund has a trailing twelve months price to earnings ratio of 15.57. Meaning, the purchaser of the share is investing $15.57 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 14.82%.Revenue Growth
Year-on-year quarterly revenue growth grew by 8.9%, now sitting on 1.99M for the twelve trailing months.