(VIANEWS) – American Software (AMSWA), Gulf Coast Ultra Deep Royalty Trust (GULTU), Consolidated Edison (ED) are the highest payout ratio stocks on this list.
We have collected information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. American Software (AMSWA)
133.33% Payout Ratio
American Software, Inc. develops, markets, and supports a range of computer business application software products in the United States and internationally. The company operates in three segments: Supply Chain Management (SCM), Information Technology Consulting (IT Consulting), and Other. The SCM segment offers Logility Digital Supply Chain Platform, a cloud-architected supply chain management platform that helps manage seven critical planning processes, such as product, demand, inventory, supply, deploy, integrated business planning, and supply chain data management. The IT Consulting segment provides IT staffing and consulting services, such as software enhancement, documentation, update, customer education, consulting, systems integration, maintenance, and support services. The Other segment offers American Software ERP, which provides purchasing and materials management, customer order processing, financial, e-commerce, and traditional manufacturing solutions. It also provides ongoing support and maintenance services; cloud hosting and managed services; and implementation and training services. The company markets its products through direct and indirect sales channels to the apparel and other soft goods, food and beverage, consumer packaged goods, consumer durable goods, wholesale distribution, specialty chemicals, and other process manufacturing industries. American Software, Inc. was incorporated in 1970 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, American Software has a trailing twelve months EPS of $0.33.
PE Ratio
American Software has a trailing twelve months price to earnings ratio of 33.91. Meaning, the purchaser of the share is investing $33.91 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 8.08%.
Yearly Top and Bottom Value
American Software’s stock is valued at $11.19 at 14:23 EST, way under its 52-week high of $17.52 and way higher than its 52-week low of $10.11.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.8%, now sitting on 121.53M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
American Software’s EBITDA is 2.22.
Volume
Today’s last reported volume for American Software is 259312 which is 9.41% above its average volume of 237007.
2. Gulf Coast Ultra Deep Royalty Trust (GULTU)
120.69% Payout Ratio
Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The company is based in Houston, Texas.
Earnings Per Share
As for profitability, Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months EPS of $0.01.
PE Ratio
Gulf Coast Ultra Deep Royalty Trust has a trailing twelve months price to earnings ratio of 1.5. Meaning, the purchaser of the share is investing $1.5 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 263.38%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 0.01 and the estimated forward annual dividend yield is 51.68%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 96.4%, now sitting on 1.92M for the twelve trailing months.
3. Consolidated Edison (ED)
45.91% Payout Ratio
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
Earnings Per Share
As for profitability, Consolidated Edison has a trailing twelve months EPS of $6.97.
PE Ratio
Consolidated Edison has a trailing twelve months price to earnings ratio of 12.69. Meaning, the purchaser of the share is investing $12.69 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 11.81%.
4. Cal-Maine Foods (CALM)
39.78% Payout Ratio
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.
Earnings Per Share
As for profitability, Cal-Maine Foods has a trailing twelve months EPS of $12.97.
PE Ratio
Cal-Maine Foods has a trailing twelve months price to earnings ratio of 3.82. Meaning, the purchaser of the share is investing $3.82 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 45.15%.
Volume
Today’s last reported volume for Cal-Maine Foods is 1453800 which is 72.17% above its average volume of 844384.
Revenue Growth
Year-on-year quarterly revenue growth declined by 30.2%, now sitting on 2.95B for the twelve trailing months.
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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
