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Artesian Resources Corporation And 4 Other Stocks Have Very High Payout Ratio

Via news ·  Apr 24 02:24

(VIANEWS) – Philip Morris International (PM), Morgan Stanley Emerging Markets Debt Fund (MSD), Artesian Resources Corporation (ARTNA) 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 guarantee 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 researching 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. Philip Morris International (PM)

102.39% Payout Ratio

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Earnings Per Share

As for profitability, Philip Morris International has a trailing twelve months EPS of $5.02.

PE Ratio

Philip Morris International has a trailing twelve months price to earnings ratio of 17.7. Meaning, the purchaser of the share is investing $17.7 for every dollar of annual earnings.

Volume

Today's last reported volume for Philip Morris International is 5387060 which is 4.76% below its average volume of 5656530.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11%, now sitting on 35.17B for the twelve trailing months.

Yearly Top and Bottom Value

Philip Morris International's stock is valued at $88.85 at 02:23 EST, way under its 52-week high of $100.79 and above its 52-week low of $87.23.

2. Morgan Stanley Emerging Markets Debt Fund (MSD)

89.12% Payout Ratio

Morgan Stanley Emerging Markets Debt Fund, Inc. is a closed ended fixed income fund launched and managed by Morgan Stanley Investment Management Inc. The fund invests in fixed income markets of emerging market countries across the globe. It primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries. The fund benchmarks the performance of its portfolio against the JP Morgan Emerging Markets Bond Global Index. Morgan Stanley Emerging Markets Debt Fund, Inc. was formed on May 6, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Morgan Stanley Emerging Markets Debt Fund has a trailing twelve months EPS of $0.85.

PE Ratio

Morgan Stanley Emerging Markets Debt Fund has a trailing twelve months price to earnings ratio of 8.32. Meaning, the purchaser of the share is investing $8.32 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 11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.1%, now sitting on 14.92M for the twelve trailing months.

3. Artesian Resources Corporation (ARTNA)

68.03% Payout Ratio

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Earnings Per Share

As for profitability, Artesian Resources Corporation has a trailing twelve months EPS of $1.67.

PE Ratio

Artesian Resources Corporation has a trailing twelve months price to earnings ratio of 21.53. Meaning, the purchaser of the share is investing $21.53 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 7.98%.

4. Global Indemnity Group, LLC (GBLI)

54.64% Payout Ratio

Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, Ranch, & Stable; and Reinsurance Operations segments. The Commercial Specialty segment distributes property, general liability, casualty, and professional lines products. This segment sells its products through a network of wholesale general agents and program administrators. The Farm, Ranch, & Stable segment offers commercial farm auto and excess/umbrella coverage for the agriculture industry, as well as specialized insurance products for the equine mortality and equine major medical industry on an admitted basis through wholesalers and retail agents. The Reinsurance Operations segment provides offer third-party treaty reinsurance for casualty insurance and reinsurance companies, as well as professional liability products to companies through brokers. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania.

Earnings Per Share

As for profitability, Global Indemnity Group, LLC has a trailing twelve months EPS of $1.83.

PE Ratio

Global Indemnity Group, LLC has a trailing twelve months price to earnings ratio of 18.03. Meaning, the purchaser of the share is investing $18.03 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 3.99%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 29.3%, now sitting on 528.63M for the twelve trailing months.

Moving Average

Global Indemnity Group, LLC's value is way higher than its 50-day moving average of $29.48 and above its 200-day moving average of $32.62.

Yearly Top and Bottom Value

Global Indemnity Group, LLC's stock is valued at $32.99 at 02:23 EST, way below its 52-week high of $37.00 and way above its 52-week low of $25.21.

Growth Estimates Quarters

The company's growth estimates for the current quarter and the next is 150% and 26%, respectively.

5. American States Water Company (AWR)

49.26% Payout Ratio

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2020, it provided water service to approximately 261,796 customers located throughout 10 counties in the State of California; and distributed electricity to approximately 24,545 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.

Earnings Per Share

As for profitability, American States Water Company has a trailing twelve months EPS of $3.36.

PE Ratio

American States Water Company has a trailing twelve months price to earnings ratio of 20.61. Meaning, the purchaser of the share is investing $20.61 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 16.82%.

Volume

Today's last reported volume for American States Water Company is 391556 which is 70.54% above its average volume of 229588.

Yearly Top and Bottom Value

American States Water Company's stock is valued at $69.25 at 02:23 EST, way under its 52-week high of $92.85 and higher than its 52-week low of $66.03.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of $1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 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 1%.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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