(VIANEWS) - Sempra Energy (SRE), Targa Resources (TRGP), Stellus Capital Investment Corporation (SCM) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn't a promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. Sempra Energy (SRE)
129.39% Payout Ratio
Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, Sempra Energy has a trailing twelve months EPS of $12.88.
PE Ratio
Sempra Energy has a trailing twelve months price to earnings ratio of 11.96. Meaning, the purchaser of the share is investing $11.96 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 5.1%.2. Targa Resources (TRGP)
100% Payout Ratio
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, purchasing, storing, terminaling, and selling crude oil. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, the company leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $0.9.
PE Ratio
Targa Resources has a trailing twelve months price to earnings ratio of 78.19. Meaning, the purchaser of the share is investing $78.19 for every dollar of annual earnings.
Earnings before Interest, Taxes and Depreciation
Targa Resources' EBITDA stands at 18.35.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 81.8% and 143.1%, respectively.3. Stellus Capital Investment Corporation (SCM)
73.01% Payout Ratio
Stellus Capital Investment Corporation (Stellus Capital Investment Corporation) is a business development firm that specializes in investing in middle-market private companies. The fund invests via first lien, second lien and unitranche debt financing. Often, it also makes an equity investment. It prefers to make investments in the USA and Canada. Fund seeks companies that have an EBITDA of between $5 and $50 Million.
Earnings Per Share
As for profitability, Stellus Capital Investment Corporation has a trailing twelve months EPS of $1.52.
PE Ratio
Stellus Capital Investment Corporation has a trailing twelve months price to earnings ratio of 9. Meaning, the purchaser of the share is investing $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 7.51%.Revenue growth
The year-on-year revenue growth was 18.3%. We now have 69.3M in the 12 trailing months.
4. International Paper Company (IP)
59.01% Payout Ratio
International Paper Company is a leading packaging company in the Americas, including the United States, Middle East, Europe and Africa. The company operates in two main segments, Industrial Packaging and Global Cellulose Fibers. Industrial Packaging produces containerboards. This includes linerboard, medium and whitetop as well as recycled linerboard, recycled medium, and saturated kraft. Global Cellulose Fibers provides fluff and market pulps for absorbent products such as diapers, feminine care and adult incontinence products. The company sells directly to converters and end users, but also through paper distributors, agents, resellers and representatives. It was established in Memphis, Tennessee in 1898.
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $2.45.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 14.6. Meaning, the purchaser of the share is investing $14.6 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 16.3%.Revenue growth
The year-on-year revenue growth was 13%. We now have 20.63B in the 12 trailing months.
5. Comcast Corporation (CMCSA)
33.88% Payout Ratio
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment offers broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks, the NBC and Telemundo broadcast, and Peacock networks. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Comcast Corporation has a trailing twelve months EPS of $2.53.
PE Ratio
Comcast Corporation has a trailing twelve months price to earnings ratio of 13.5. Meaning, the purchaser of the share is investing $13.5 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 14.34%.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on October 3, 2022. The forward dividend rate for 2020 is estimated at 1.08, and the forward dividend yield at 2.88%.
Sales Growth
Comcast Corporation's sales growth for the next quarter is 3%.