(VIANEWS) - NVE Corporation (NVEC), The Blackstone Group (BX), Holly Energy Partners, L.P. (HEP) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio as yet. 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. NVE Corporation (NVEC)
128.21% Payout Ratio
NVE Corporation designs and sells products that utilize spintronics. This is a type of nanotechnology that uses electron spin to obtain, store and transmit data in the United States as well as internationally. It manufactures sensors and couplers that enable data acquisition and transmission. The company's sensors detect magnetic material and determine speed. Its sensors are used mainly in the factory automation market. Custom and medical sensors can be added to medical devices that replace electromechanical magnet switches. Spintronic couplers are also offered by the company for use in industrial Internet of Things. It also engages in spintronic magnetoresistive random-access memory technology research, development and licensing. NVE Corporation was established in 1989. It is located in Eden Prairie in Minnesota.
Earnings Per Share
As for profitability, NVE Corporation has a trailing twelve months EPS of $3.12.
PE Ratio
NVE Corporation has a trailing twelve months price to earnings ratio of 15.2. Meaning, the purchaser of the share is investing $15.2 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 22.64%.2. The Blackstone Group (BX)
83.36% Payout Ratio
Blackstone Inc., an alternative asset management company, specializes in real estate and private equity. The majority of its investments are in companies at the early stages. The firm also provides capital market services. It also provides capital markets services. The realty segment is specialized in core+ and opportunistic investments, as well as opportunities for debt investment that are collateralized with commercial real property. Corporate private equity is the firm's business. It pursues deals around the globe in a range of transactions, such as large buyouts and special situations, distressed mortgage loan, mid-cap buyouts and buy and build platforms. This involves multiple acquisitions under one platform and management. It is open to investment in Asia, Latin America and Europe. The investment period is three years. The hedge fund business offers a wide range of customized and commingled fund solutions. Its credit business is focused on loans and securities of noninvestment-grade companies. Blackstone Inc. was established in 1985. It is located in New York City, New York. There are additional offices in Asia, Europe, and North America.
Earnings Per Share
As for profitability, The Blackstone Group has a trailing twelve months EPS of $5.47.
PE Ratio
The Blackstone Group has a trailing twelve months price to earnings ratio of 15.66. Meaning, the purchaser of the share is investing $15.66 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 42.07%.Revenue Growth
Year-on-year quarterly revenue growth declined by 92.3%, now sitting on 17.15B for the twelve trailing months.
Yearly Top and Bottom Value
The Blackstone Group's stock is valued at $85.67 at 14:23 EST, way under its 52-week high of $149.78 and higher than its 52-week low of $79.55.
3. Holly Energy Partners, L.P. (HEP)
74.87% Payout Ratio
Holly Energy Partners L.P. is the owner and operator of crude and petroleum products pipelines, storage tanks and distribution terminals. It also has loading rack facilities and refinery processing units. These are used to support HollyFrontier Corporation's refining, marketing, and operations in West Texas and New Mexico. The company operates in two main segments: Pipelines and Terminals and Refinery Processing Units. It operates refinery product pipelines to transport gasolines (reformulated and conventional), and gasolines used for oxygenate blending. The company operates 26 main pipelines, 10 crude gathering networks, 1 crude terminal and 31,800 feet of rail storage. There are 7 locations that have truck or rail racks and 6 locations for refining facilities. It also has 5 refinery processing units. HEP Logistics Holdings L.P. is the general partner. Holly Energy Partners L.P., was established in 2004 in Dallas, Texas.
Earnings Per Share
As for profitability, Holly Energy Partners, L.P. has a trailing twelve months EPS of $1.61.
PE Ratio
Holly Energy Partners, L.P. has a trailing twelve months price to earnings ratio of 11.11. Meaning, the purchaser of the share is investing $11.11 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 27.55%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter is a negative 9.4% and positive 4.3% for the next.4. Sun Life Financial (SLF)
36.89% Payout Ratio
Sun Life Financial Inc. is a financial service company that provides wealth management, insurance and other services to corporate clients and individuals worldwide. The company offers both term and permanent life insurance, along with personal, dental and long-term care and disability insurance products. It also offers reinsurance products, investment counseling and portfolio management services; mutual and segregated fund services; trust and banking services; appraisal and real-estate brokerage services and merchant banking services. The company distributes products via direct sales agents as well as independent and managing general agents. It also works with financial intermediaries and broker-dealers. Banks, brokers, benefits and pension consultants and third-party marketers are some of its partners. It was established in Toronto, Canada in 1871.
Earnings Per Share
As for profitability, Sun Life Financial has a trailing twelve months EPS of $3.34.
PE Ratio
Sun Life Financial has a trailing twelve months price to earnings ratio of 12.38. Meaning, the purchaser of the share is investing $12.38 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 14.84%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 30, 2022, the estimated forward annual dividend rate is 2.14 and the estimated forward annual dividend yield is 4.61%.
Volume
Today's last reported volume for Sun Life Financial is 403133 which is 48.57% below its average volume of 783965.