(VIANEWS) - Manhattan Bridge Capital (LOAN), Smith & Nephew (SNN), Hawaiian Electric Industries (HE) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio at the moment. 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 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. Manhattan Bridge Capital (LOAN)
111.11% Payout Ratio
Manhattan Bridge Capital, Inc., is a real-estate finance company that originates, manages, and services a portfolio for first mortgage loans in America. The company offers non-banking, short-term secured and non-banking loans for real estate investors. It helps them to purchase, renovate, rehab, enhance, or upgrade properties within the New York metro area. Loans from this company are secured primarily by real estate collateral and come with personal guarantees by the principals. For federal income tax purposes, it qualifies for the real estate investment trust category. If the company distributes less than 90% of its taxable income, it would generally not have to pay federal corporate income tax. Manhattan Bridge Capital, Inc., was established in 1989. It is located in Great Neck, New York.
Earnings Per Share
As for profitability, Manhattan Bridge Capital has a trailing twelve months EPS of $0.45.
PE Ratio
Manhattan Bridge Capital has a trailing twelve months price to earnings ratio of 11.84. Meaning, the purchaser of the share is investing $11.84 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 11.72%.2. Smith & Nephew (SNN)
66.25% Payout Ratio
Smith & Nephew plc and its subsidiaries develop, market, sell, and distribute medical devices around the world. It offers products to replace knees, hip implants that can be used for reconstruction of the hip joint; as well as trauma and extremities products. These include both internal and external devices for stabilizing severe fractures or correcting deformities. The company also offers products and technologies for sports medicine, which include instruments and devices that allow surgeons to repair the joint, like soft tissue injuries, degenerative conditions, or the replacement of the hip, knee, and shoulder. It also sells meniscal repair and technology systems. The company also offers fluid management equipment, digital imaging capture, scopes and light sources to aid in visualization of the joint, radio frequency, electronic and mechanical tissue-resection devices and hand instruments to remove damaged tissue. It also offers advanced wound care products to treat and prevent chronic and acute wounds. These include leg, diabetes, pressure, burns and post-operative injuries. The company primarily provides healthcare services. Smith & Nephew plc, which was established in 1856, is based in Watford in the United Kingdom.
Earnings Per Share
As for profitability, Smith & Nephew has a trailing twelve months EPS of $1.02.
PE Ratio
Smith & Nephew has a trailing twelve months price to earnings ratio of 27.36. Meaning, the purchaser of the share is investing $27.36 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 9.25%.Moving Average
Smith & Nephew's worth is way above its 50-day moving average of $23.72 and under its 200-day moving average of $28.89.Volume
Today's last reported volume for Smith & Nephew is 585081 which is 35.16% below its average volume of 902411.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 30, 2022, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 2.9%.
Yearly Top and Bottom Value
Smith & Nephew's stock is valued at $28.02 at 01:23 EST, way below its 52-week high of $37.05 and way above its 52-week low of $21.78.
3. Hawaiian Electric Industries (HE)
63.01% Payout Ratio
Hawaiian Electric Industries, Inc., and its subsidiaries, is involved in electric utility business, as well as banking, mainly in Hawaii. Electric Utility is the company's segment. It generates, purchases, transmits, distributes, and sells electric energy. The company's potential energy sources are wind, solar photovoltaic and geothermal. The segment sells and distributes electricity in Oahu and Hawaii. It also serves resort communities and military installations. The bank's Bank segment offers financial and banking services. This includes checking and savings accounts, savings and mortgage products. Loans include residential, commercial, commercial, construction, development and multifamily real estate. Consumer loans can also be offered. The segment has 49 branches. There are 6 Maui branches, 34 Oahu branches and 5 Hawaii branches. 3 Kauai branches and one Molokai branch. Its other segment invests in infrastructure and non-regulated renewable energy in Hawaii. Hawaiian Electric Industries Inc. was established in Honolulu in Hawaii in 1891.
Earnings Per Share
As for profitability, Hawaiian Electric Industries has a trailing twelve months EPS of $1.81.
PE Ratio
Hawaiian Electric Industries has a trailing twelve months price to earnings ratio of 23.03. Meaning, the purchaser of the share is investing $23.03 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 10.26%.Sales Growth
Hawaiian Electric Industries's sales growth is negative 1.5% for the present quarter and negative 50.6% for the next.
Moving Average
Hawaiian Electric Industries's value is above its 50-day moving average of $39.02 and higher than its 200-day moving average of $40.36.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on August 16, 2022. The forward-annual dividend rate and forward dividend yield are both 1.41% and 3.81%, respectively.
4. CenterPoint Energy (CNP)
48.25% Payout Ratio
CenterPoint Energy, Inc. is a US public utility holding corporation. It operates in three segments: Electric, Natural Gas, Midstream Investments. The Electric segment provides electric distribution and transmission services to customers, electric generation assets and assets in the wholesale electricity market. Natural Gas provides services for natural gas distribution, home appliance maintenance and repairs to Minnesota customers; as well as home protection plans for natural gas customers in Texas or Louisiana via a third-party. The segment sells intrastate natural gas that is regulated, and also provides natural gas storage and transport services to residential, commercial and industrial customers. Midstream Investments provides natural gas, crude oil gathering and natural gas processing to its producer customers. It also offers crude oil, condensate and produced water gathering to its refiner and producer customers. The Midstream Investments segment also provides interstate and intrastate natural gaz pipeline transportation and storage to its manufacturer, power plant and local distribution company as well as industrial end-users. It served approximately 2.5 million customers as of December 31, 2020; it owned 239 substations with an installed rated transformer capability of 69.915 megavolt amperes; ran approximately 99,000 miles of natural gasoline distribution mains and 77,000 miles of transmission mains; and had 264 miles in intrastate pipelines located in Louisiana, Texas and Oklahoma. CenterPoint Energy, Inc., was established in Houston, Texas in 1866.
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%.Earnings before Interest, Taxes and Depreciation
EBITDA at CenterPoint Energy is 3.94.
Yearly Top and Bottom Value
CenterPoint Energy's stock is valued at $30.69 at 01:23 EST, below its 52-week high of $33.50 and way above its 52-week low of $25.03.
Revenue growth
The year-on-year revenue growth was 8.8%. It now stands at 8.92B in the 12 trailing months.
Volume
CenterPoint Energy's current reported volume is 2126280, which is 49.43% lower than its average volume at 4205390.