Comparing Pollution Control Dividend Payout Ratios
Further to my recent article discussing garbage management companies, here is another closely related group of companies operating in the recycling, remediation and pollution control business. Beyond the resources harvestable from garbage, pollution causes noticeable problems. Pollution control companies produce products such as the filters used everywhere, masks worn by those sorting garbage and the chemical dispersants like those used on oil in the Gulf of Mexico. These businesses are also growing with the increase in global polulation and garbage production.
Company Symbol Market Value Payout Ratio Yield
Donaldson Company, Inc. DCI $4.2 B 20% 1.10%
Nalco Holding Co. NLC $3.7 B 7% 0.50%
Pall Corp PLL $6.1 B 28% 1.30%
Pentair, Inc. PNR $3.64 B 35% 2.10%
Sims Metal Management Ltd. SMS $3.57 B 30% 1.30%
A higher dividend payout ratio leaves a lower percentage of total income within the company. This means that while the owners are receiving... Read more