(VIANEWS) – Mesabi Trust (MSB), Kinder Morgan (KMI), Banco Santander (BSAC) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 issue 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. Mesabi Trust (MSB)

157.12% Payout Ratio

Mesabi Trust, a royalty trust, engages in the iron ore mining business in the United States. The company was founded in 1961 and is based in New York, New York.

Earnings Per Share

As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.78.

PE Ratio

Mesabi Trust has a trailing twelve months price to earnings ratio of 11.76. Meaning,
the purchaser of the share is investing $11.76 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%.

Yearly Top and Bottom Value

Mesabi Trust’s stock is valued at $20.98 at 07:23 EST, way below its 52-week high of $35.65 and way higher than its 52-week low of $16.56.

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.

For the 12 trailing months, the company’s return-on-equity, which is an indicator of the business’ profitability relative to shareholders’ equity, was 8.1%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 14.8% and a drop 3.1% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Oct 27, 2022, the estimated forward annual dividend rate is 1.11 and the estimated forward annual dividend yield is 6.26%.

Revenue growth

The year-on-year revenue growth was 35.4%. We now have 19.05B in the 12 trailing months.

3. Banco Santander (BSAC)

46.12% Payout Ratio

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2020, the company operated 358 branches, which include 220 under the Santander brand name, 19 under the Select brand name, 32 specialized branches for the middle market, and 28 as auxiliary and payment centers, as well as 1,199 ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.

Earnings Per Share

As for profitability, Banco Santander has a trailing twelve months EPS of $2.43.

PE Ratio

Banco Santander has a trailing twelve months price to earnings ratio of 6.47. Meaning,
the purchaser of the share is investing $6.47 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 27.72%.

Moving Average

Banco Santander is worth more than its $50-day moving mean of $14.58, and less than its $200-day moving median of $17.30.

Yearly Top and Bottom Value

Banco Santander’s stock is valued at $15.71 at 07:23 EST, way below its 52-week high of $22.95 and way above its 52-week low of $13.37.

Volume

Banco Santander’s current volume is 251591, which is 44.18% lower than its usual volume of 450776.

4. United Fire Group (UFCS)

30.1% Payout Ratio

United Fire Group, Inc., along with its affiliates, offers property and casualty coverage for Americans and their businesses. It offers personal and commercial lines of casualty and property insurance. They also offer commercial multi-peril and inland maritime insurance. As well as assumed and other reinsurance products. The company’s personal policies cover automobile and fire and allies lines as well as workers’ compensation and fidelity. It sells its products via a network independent agencies. United Fire Group, Inc., was established in 1946. It is located in Cedar Rapids, Iowa.

Earnings per Share

United Fire Group’s trailing 12 months earnings per share (EPS) is $2.06.

PE Ratio

United Fire Group’s trailing 12 months earnings to price ratio is 14.56. The purchaser of the shares is therefore investing $14.56 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the business’ profitability relative to shareholders’ equity, was 6.95%.

Yearly Top and Bottom Value

United Fire Group’s stock is valued at $30.00 at 07:24 EST, way below its 52-week high of $37.26 and way higher than its 52-week low of $21.52.