(VIANEWS) - Urstadt Biddle Properties (UBA), San Juan Basin Royalty Trust (SJT), Mesa Royalty Trust (MTR) 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. Urstadt Biddle Properties (UBA)
157.08% Payout Ratio
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 properties containing approximately 5.2 million square feet of space. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 203 consecutive quarters of uninterrupted dividends to its shareholders since its inception.
Earnings per Share
Urstadt Biddle Properties' trailing twelve-month EPS is $0.6.
PE Ratio
Urstadt Biddle Properties' trailing 12 months earnings to price ratio is 30.73. The purchaser of the shares is investing $30.73 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 6.63%.Volume
Today's last reported volume for Urstadt Biddle Properties is 86867 which is 37.17% below its average volume of 138273.
Sales Growth
Urstadt Biddle Properties's sales growth is 3.4% for the present quarter and 2.8% for the next.
2. San Juan Basin Royalty Trust (SJT)
100% Payout Ratio
The San Juan Basin Royalty Trust is an express trust that operates in Texas. A 75% net overriding royalty interest has been carved from Southland's natural gas and oil interests in San Juan Basin, northwestern New Mexico. Subject Interests include working rights, royalty interests and overriding royalties. They also have contractual rights in the 119,000 acres of net-producing land in San Juan and Rio Arriba Counties in northwestern New Mexico as well as 825.9 wells. The trustee for the San Juan Basin Royalty Trust is BBVA USA. This company was established in 1980 in Houston, Texas.
Earnings Per Share
As for profitability, San Juan Basin Royalty Trust has a trailing twelve months EPS of $1.38.
PE Ratio
San Juan Basin Royalty Trust has a trailing twelve months price to earnings ratio of 8.03. Meaning, the purchaser of the share is investing $8.03 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 1793.42%.3. Mesa Royalty Trust (MTR)
96.39% Payout Ratio
Mesa Royalty Trust holds net overriding royalties interests in several oil-and gas-producing properties across the United States. It holds interests in property located in Kansas' Hugoton and New Mexico's San Juan Basin fields. Houston is the headquarters of this company, which was established in 1979.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $1.52.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 10.91. Meaning, the purchaser of the share is investing $10.91 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 110.83%.Moving Average
Mesa Royalty Trust is worth more than its $50-day moving mean of $15.99, and much higher than its $200-day moving median of $13.85.4. Global Self Storage (SELF)
92.24% Payout Ratio
Global Self Storage, a REIT self-managed and managed by the investor, owns, operates and manages self-storage properties. Its self-storage facilities are affordable and easy to access for commercial and residential customers. The company has 13 self-storage facilities in Connecticut, Illinois and Indiana. It also manages them through its subsidiaries.
Earnings per Share
Global Self Storage's trailing 12 month EPS is $0.29.
PE Ratio
Global Self Storage's trailing 12 months earnings to price ratio is 17.17. The purchaser of the shares is investing $17.17 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 6.31%.Earnings Before Interest, Taxes, Depreciation, and Amortization
Global Self Storage's EBITDA is 5.57.
5. United Bankshares (UBSI)
55.64% Payout Ratio
United Bankshares, Inc. is a financial holding firm that primarily offers commercial and retail banking services and products in the United States. The bank operates in two distinct segments: Community Banking and Mortgage Banking. It accepts savings and checking; time and money markets accounts; retirement accounts for individuals; demand deposits; statement and savings accounts, as well as interest-bearing checking and checking accounts. The company offers commercial and residential loans, construction and real-estate loans, personal, commercial and commercial credit cards, floor plans loans, home equity and credit card loans, as well as commercial and commercial leases. The company also offers credit cards, safe deposit boxes and wire transfers as well as investment and security services. It provides services to correspondent banks including the buying and selling of federal funds, automated teller machine service, and online and telephone banking. It also offers brokerage and community banking services such as asset management services, mortgage banking, financial planning, property title insurance, financial planning, and mortgage banking. The company had 230 locations in West Virginia, Ohio, Pennsylvania, Maryland, North Carolina, South Carolina, Georgia, Washington, D.C. United Bankshares, Inc., was founded in 1982. Its headquarters are in Charleston, West Virginia.
Earnings per Share
United Bankshares' trailing 12 month EPS is $2.79.
PE Ratio
United Bankshares' trailing 12-month price-earnings ratio is 15.28. The purchaser of the shares is investing $15.28 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 7.73%.6. NetApp (NTAP)
47.96% Payout Ratio
NetApp, Inc. offers cloud-led, data-centric services for managing and sharing data both on-premises and in public and private clouds around the world. The company operates in Hybrid Cloud, and Public Could segments. It offers data management software such as NetApp Snapshot and NetApp SnapCenter Backup Management. NetApp SnapMirror and NetApp SnapLock softwares. NetApp SANtricity software and storage infrastructure solutions including NetApp All Flash FAS, NetApp FlexPod and NetApp E/EF, NetApp StorageGRID and NetApp SolidFire. The company also offers cloud storage services such as NetApp Cloud Volumes ONTAP and Azure NetApp Files. NetApp Cloud Tiering and NetApp Cloud Data Sense are some of the options. The company also offers an application-aware service for data management under the NetApp Astra brand; professional and support services such as professional, managed and support services. It also offers assessment, design and implementation services. Through a network of partners and direct sales, the company provides services to energy, finance, government, technology and internet. NetApp, Inc., was founded in 1992. It is located in San Jose, California.
Earnings per Share
NetApp's trailing 12 month EPS is $2.64.
PE Ratio
NetApp's trailing 12-month price-earnings ratio is 22.79. The purchaser of the shares is therefore investing $22.79 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 137.84%.Sales Growth
NetApp's sales growth is negative 0.2% for the current quarter and negative 0.8% for the next.
Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on October 5, 2022. The forward-annual dividend rate for the future is estimated at 2 and forward-annual dividend yield of 2.96%, respectively.