(VIANEWS) - STORE Capital Corporation (STOR), Kinder Morgan (KMI), Golden Ocean Group Limited (GOGL) 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. STORE Capital Corporation (STOR)
136.09% Payout Ratio
STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in more than 2,500 property locations across the United States, substantially all of which are profit centers.
Earnings per Share
STORE Capital Corporation's trailing 12 months EPS is $1.15.
PE Ratio
STORE Capital Corporation's trailing 12-month price-to-earnings ratio is 27.87. The purchaser of the shares is therefore investing $27.87 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 6.14%.2. Kinder Morgan (KMI)
98.65% Payout Ratio
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas liquefaction and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 83,000 miles of pipelines and 143 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Kinder Morgan has a trailing twelve months EPS of $0.8.
PE Ratio
Kinder Morgan has a trailing twelve months price to earnings ratio of 22.52. Meaning, the purchaser of the share is investing $22.52 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 8.11%.Volume
Today's last reported volume for Kinder Morgan is 5993030 which is 64.22% below its average volume of 16752400.
Moving Average
Kinder Morgan's value is below its 50-day moving mean of $18.09, and lower than its 200-day moving mean of $18.16.Sales Growth
Kinder Morgan's sales growth is 10.1% for the ongoing quarter and 33.3% for the next.
3. Golden Ocean Group Limited (GOGL)
79.25% Payout Ratio
Golden Ocean Group Limited is a shipping company that owns and manages a fleet dry bulk vessels, including Ultramax, Capesize and Panamax vessels. The company operates and owns dry bulk vessels on the time and spot charter markets. It transports bulk commodities such as coal, ores and fertilizers. It owned a fleet consisting of 67 dry bulk vessels as of March 18, 2021. Golden Ocean Group Limited has its headquarters in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Golden Ocean Group Limited has a trailing twelve months EPS of $-0.96.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 36.82%.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made on September 5, 2022. The forward dividend rate for the year is estimated at 2.4, and the forward dividend yield to be 28.3%.
Moving Average
Golden Ocean Group Limited's value is higher than its 50-day moving average of $8.69 and way under its 200-day moving average of $10.86.Sales Growth
Golden Ocean Group Limited is experiencing a negative 37.2% sales growth in the next quarter.
4. Employers Holdings (EIG)
51.52% Payout Ratio
Employers Holdings, Inc., via its subsidiaries, is active in the casualty and commercial property insurance industries mainly in the United States. The company offers small- and medium-sized businesses workers' compensation insurance. It markets products via independent, local, and regional brokers, alternative distribution channels, national trade associations and groups, as well direct to customers. Employers Holdings, Inc., was established in Reno, Nevada in 2000.
Earnings Per Share
As for profitability, Employers Holdings has a trailing twelve months EPS of $1.98.
PE Ratio
Employers Holdings has a trailing twelve months price to earnings ratio of 21.98. Meaning, the purchaser of the share is investing $21.98 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 5.32%.Sales Growth
Employers Holdings's sales growth is negative 1.4% for the ongoing quarter and 31.7% for the next.
Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 20.8% and positive 54.5% for the next.5. Tredegar Corporation (TG)
30.82% Payout Ratio
Tredegar Corporation manufactures and exports aluminum extrusions as well as PE Films and polyester films through subsidiaries. The company operates in three segments: Aluminum Extrusions and Flexible Packaging Films. Aluminum Extrusions produces aluminum extrusions of medium and soft alloys. It is used mainly for construction and automotive, building and transport, consumer durables and electrical and renewable energies. The aluminum extrusions division also manufactures anodized aluminum extrusions that are painted and fabricated to be sold to distributors and fabricators. For protecting flat panel display components in TVs, laptops, smartphones, tablets and digital signage, the PE Films segment provides single- and multiple-layered surface protection films. The segment offers thin-gauge film for paper towels and bathroom tissue, along with polyethylene overwrap and films for markets other than the United States. Flexible Packaging Films offers polyester-based films that can be used for industrial and food packaging under the Terphane or Sealphane brand. Tredegar Corporation was established in 1955. It is located in Richmond, Virginia.
Earnings Per Share
As for profitability, Tredegar Corporation has a trailing twelve months EPS of $1.59.
PE Ratio
Tredegar Corporation has a trailing twelve months price to earnings ratio of 6.32. Meaning, the purchaser of the share is investing $6.32 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 30.35%.Volume
Today's last reported volume for Tredegar Corporation is 91455 which is 36.72% below its average volume of 144533.