(VIANEWS) – Highway Holdings Limited (HIHO), WisdomTree Investments (WETF), Rattler Midstream LP (RTLR) 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. Highway Holdings Limited (HIHO)

141.67% Payout Ratio

Highway Holdings Limited and its subsidiaries manufacture and supply metal, plastic and electric components and subassemblies for original equipment makers (OEMs), and contract manufacturers. The company operates in two divisions: Metal Stamping and Mechanical OEM. It also deals in plastic injection products and makes and assembles automated equipment. The company’s products can be used to manufacture products such as photocopiers and laser printers. It also sells electrical connectors, circuit boards, vacuum cleaners, power supplies for LEDs, step motors and pumps for washing machines. The company also assists its customers with the development and design of tooling for metal and plastic manufacturing. It offers a variety of manufacturing and engineering services including metal stamping and screen printing, injection molding plastic, pad printing and electronic assembly of printed circuit board. The company operates across Asia, including Hong Kong, China and Europe. Highway Holdings Limited, which was founded in 1990, is located in Sheung Shui in Hong Kong.

Earnings Per Share

As for profitability, Highway Holdings Limited has a trailing twelve months EPS of $0.12.

PE Ratio

Highway Holdings Limited has a trailing twelve months price to earnings ratio of 19.08. Meaning,
the purchaser of the share is investing $19.08 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 5.27%.

2. WisdomTree Investments (WETF)

133.33% Payout Ratio

WisdomTree Investments, Inc., via its subsidiaries, acts as both an asset manager and sponsor of exchange-traded funds. The company offers ETFs that are equitable, in currency, fixed-income, or other asset classes. It also offers an opportunity to encourage the use of WisdomTree ETFs within 401(k), plans. The company develops its indexes using the fundamentally weighted method. The company also offers investment advisory services. It was established in New York in 1985.

Earnings Per Share

As for profitability, WisdomTree Investments has a trailing twelve months EPS of $0.09.

PE Ratio

WisdomTree Investments has a trailing twelve months price to earnings ratio of 54.99. Meaning,
the purchaser of the share is investing $54.99 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 3.78%.

3. Rattler Midstream LP (RTLR)

118.2% Payout Ratio

Rattler Midstream LP operates, develops and owns infrastructure and midstream assets within the Permian Basin’s Midland and Delaware Basins. It provides oil-related and water-related services. It owned and operated 866 mile of crude oil, supplied water, and constructed water gathering pipelines. This acreage is located over Diamondback Energy, Inc.’s core Midland development area and Delaware Basin development areas. Rattler Midstream GP LLC is the general partner. The previous name of the company was Rattler Midstream Partners LP. It was founded in Midland, Texas in 2018. Diamondback Energy, Inc. is the parent company of Rattler Midstream LP.

Earnings Per Share

As for profitability, Rattler Midstream LP has a trailing twelve months EPS of $0.93.

PE Ratio

Rattler Midstream LP has a trailing twelve months price to earnings ratio of 16.37. Meaning,
the purchaser of the share is investing $16.37 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 14.9%.

Yearly Top and Bottom Value

Rattler Midstream LP’s stock is valued at $15.22 at 14:23 EST, way under its 52-week high of $18.22 and way higher than its 52-week low of $10.28.

Sales Growth

Rattler Midstream LP’s sales growth is 7.9% for the current quarter and 4.3% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 14, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 7.88%.

4. Aramark (ARMK)

73.33% Payout Ratio

Aramark offers food and facilities as well as uniform services for clients from the United States, Canada, Europe, America, and Asia. The company operates in three areas: Food and Support Services United States and Food and Support Services International. Uniform and Career Apparel is its third segment. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical support services, such as patient food and nutrition, retail food, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services. The company also offers on-site catering and convenience stores; executive dining services, beverage and vending; as well as facility management services that include landscaping, transportation, payment and any other consulting related to building operations. The company also offers catering, concession, and banquet services, as well as retail and leisure services, lodging, merchandise sales, and other facility consulting services. The company also offers correctional foods and manages laundry and commissaries. It also offers design, manufacturing and delivery services, as well as cleaning, maintenance and maintenance services. The business was previously known as ARAMARK Holdings Corporation. In May 2014, it changed its name from Aramark to Aramark. Aramark was established in 1959. It is located in Philadelphia, Pennsylvania.

Earnings Per Share

As for profitability, Aramark has a trailing twelve months EPS of $0.6.

PE Ratio

Aramark has a trailing twelve months price to earnings ratio of 53.48. Meaning,
the purchaser of the share is investing $53.48 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 5.44%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 133.3% and 127.3%, respectively.

Sales Growth

Aramark’s sales growth for the current quarter is 15.4%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 15, 2022, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 1.31%.

5. USD Partners LP (USDP)

70.44% Payout Ratio

USD Partners LP develops and acquires midstream infrastructure assets, logistics solutions, and logistical solutions for crude oil and biofuels in the United States. Two segments of the company are Terminalling Services, and Fleet Services. Terminalling Services owns and manages Hardisty Terminal. This terminal is responsible for loading different grades of Canadian crude oils onto railroad cars for transport to the end markets. Stroud Terminal handles crude oil destination shipments. Casper Terminal stores crude oil and blending it onto railcars. West Colton Terminal can transload approximately 13,000 barrels of ethanol or renewable diesel per day from rail producers to trucks. Fleet Services provides fleet and leased railcars for liquid hydrocarbon transportation. It operated 200 railcars as of December 31, 2021. USD Partners GP LLC is the general partner. Company was founded in 2014, and its headquarters are located in Houston.

Earnings Per Share

As for profitability, USD Partners LP has a trailing twelve months EPS of $0.68.

PE Ratio

USD Partners LP has a trailing twelve months price to earnings ratio of 5.91. Meaning,
the purchaser of the share is investing $5.91 for every dollar of annual earnings.

Volume

Today’s last reported volume for USD Partners LP is 28170 which is 51.25% below its average volume of 57793.

6. Novo Nordisk A/S (NVO)

47.8% Payout Ratio

Novo Nordisk A/S is a global healthcare company that specializes in research, development and manufacture of pharmaceutical products. The company operates in two areas: Diabetes and Obesity Care and Biopharm. Diabetes and Obesity Care provides products for insulins, GLP-1, related delivery systems and oral anti-inflammatory products. Biopharmaceuticals offers products that address haemophilia and growth disorders as well as hormone replacement therapy. To explore new delivery strategies, Novo Nordisk A/S has entered into research agreements with Lumen Bioscience, Inc. and Gilead Sciences, Inc. It was established in Denmark in 1923. The headquarters are located in Bagsvaerd.

Earnings Per Share

As for profitability, Novo Nordisk A/S has a trailing twelve months EPS of $2.92.

PE Ratio

Novo Nordisk A/S has a trailing twelve months price to earnings ratio of 35.95. Meaning,
the purchaser of the share is investing $35.95 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 78.92%.

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