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Lancaster Colony Corporation And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – WhiteHorse Finance (WHF), Lancaster Colony Corporation (LANC), AEGON N.V. (AEG) are the highest payout ratio stocks on this list.

We have congregated information concerning stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a promise of 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 are a few stocks with an above 30% percent payout ratio.

1. WhiteHorse Finance (WHF)

167.06% Payout Ratio

WhiteHorse Finance, LLC is a business development company.

Earnings Per Share

As for profitability, WhiteHorse Finance has a trailing twelve months EPS of $0.85.

PE Ratio

WhiteHorse Finance has a trailing twelve months price to earnings ratio of 15.8. Meaning,
the purchaser of the share is investing $15.8 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 6.01%.

Volume

Today’s last reported volume for WhiteHorse Finance is 34680 which is 53.69% below its average volume of 74891.

Moving Average

WhiteHorse Finance’s worth is higher than its 50-day moving average of $13.12 and under its 200-day moving average of $13.51.

2. Lancaster Colony Corporation (LANC)

91.43% Payout Ratio

Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

Earnings Per Share

As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $3.5.

PE Ratio

Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 55.24. Meaning,
the purchaser of the share is investing $55.24 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 11.27%.

Sales Growth

Lancaster Colony Corporation’s sales growth is 10.9% for the ongoing quarter and 9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 1.71B for the twelve trailing months.

Volume

Today’s last reported volume for Lancaster Colony Corporation is 39322 which is 80.45% below its average volume of 201167.

Moving Average

Lancaster Colony Corporation’s worth is below its 50-day moving average of $201.62 and way above its 200-day moving average of $160.90.

3. AEGON N.V. (AEG)

66.16% Payout Ratio

Aegon N.V. provides insurance, pensions, and asset management services in the Americas, Europe, and Asia. Its insurance products include life, accident, and health insurance; property and casualty insurance; and household and car insurance. The company also offers savings products, such as retirement plan services; annuities; mutual funds; and stable value solutions. In addition, it provides retail and institutional investment management solutions, retirement savings vehicles, residential mortgages, and digital banking services. The company markets its products through brokers, agents, banks, employee benefit consultants, independent financial advisors, bancassurance channels, and advice centers. Aegon N.V. was founded in 1983 and is headquartered in The Hague, the Netherlands.

Earnings Per Share

As for profitability, AEGON N.V. has a trailing twelve months EPS of $0.33.

PE Ratio

AEGON N.V. has a trailing twelve months price to earnings ratio of 16.67. Meaning,
the purchaser of the share is investing $16.67 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 1.85%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 22, 2022, the estimated forward annual dividend rate is 0.21 and the estimated forward annual dividend yield is 3.74%.

4. Jerash Holdings (JRSH)

51.28% Payout Ratio

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, t-shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally. The company was founded in 2016 and is based in Fairfield, New Jersey.

Earnings Per Share

As for profitability, Jerash Holdings has a trailing twelve months EPS of $0.39.

PE Ratio

Jerash Holdings has a trailing twelve months price to earnings ratio of 10.74. Meaning,
the purchaser of the share is investing $10.74 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 7.59%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 30.8% and positive 100% for the next.

Yearly Top and Bottom Value

Jerash Holdings’s stock is valued at $4.19 at 13:23 EST, way under its 52-week high of $7.53 and way above its 52-week low of $3.75.

Sales Growth

Jerash Holdings’s sales growth is negative 7.6% for the current quarter and negative 7.6% for the next.

5. International Paper Company (IP)

50.94% Payout Ratio

International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Earnings Per Share

As for profitability, International Paper Company has a trailing twelve months EPS of $2.45.

PE Ratio

International Paper Company has a trailing twelve months price to earnings ratio of 17.04. Meaning,
the purchaser of the share is investing $17.04 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 16.3%.

6. Ritchie Bros. Auctioneers Incorporated (RBA)

37.5% Payout Ratio

Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. It also offers live auction events with online bidding. The company sells used equipment to its customers through live, unreserved auctions at 40 auction sites worldwide. It serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. The company operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Earnings Per Share

As for profitability, Ritchie Bros. Auctioneers Incorporated has a trailing twelve months EPS of $2.72.

PE Ratio

Ritchie Bros. Auctioneers Incorporated has a trailing twelve months price to earnings ratio of 21.86. Meaning,
the purchaser of the share is investing $21.86 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 26.5%.

Sales Growth

Ritchie Bros. Auctioneers Incorporated’s sales growth is 15.2% for the current quarter and 5.6% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 100% and 37%, respectively.

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