(VIANEWS) – Iron Mountain Incorporated (IRM), Kellogg Company (K), Kayne Anderson Midstream Energy Fund (KMF) are the highest payout ratio stocks on this list.
We have gathered information regarding 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 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. Iron Mountain Incorporated (IRM)
195.22% Payout Ratio
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.
Earnings Per Share
As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $1.19.
PE Ratio
Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 45.9. Meaning, the purchaser of the share is investing $45.9 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 38.11%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 15.2%, now sitting on 4.83B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 13, 2022, the estimated forward annual dividend rate is 2.47 and the estimated forward annual dividend yield is 5.02%.
2. Kellogg Company (K)
53.46% Payout Ratio
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Rice Krispies Squares, Kashi Go, Vector, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.
Earnings Per Share
As for profitability, Kellogg Company has a trailing twelve months EPS of $3.63.
PE Ratio
Kellogg Company has a trailing twelve months price to earnings ratio of 18.46. Meaning, the purchaser of the share is investing $18.46 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 35.29%.
Sales Growth
Kellogg Company’s sales growth is 4.3% for the ongoing quarter and 3.4% for the next.
3. Kayne Anderson Midstream Energy Fund (KMF)
37.58% Payout Ratio
Kayne Anderson NextGen Energy & Infrastructure, Inc. is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies. It invests in stocks of companies across diversified market capitalizations. Kayne Anderson NextGen Energy & Infrastructure, Inc. was formed on November 24, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Kayne Anderson Midstream Energy Fund has a trailing twelve months EPS of $1.65.
PE Ratio
Kayne Anderson Midstream Energy Fund has a trailing twelve months price to earnings ratio of 4.71. Meaning, the purchaser of the share is investing $4.71 for every dollar of annual earnings.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 2, 2023, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 8.23%.
4. Bank of Marin Bancorp (BMRC)
33.56% Payout Ratio
Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.
Earnings Per Share
As for profitability, Bank of Marin Bancorp has a trailing twelve months EPS of $2.92.
PE Ratio
Bank of Marin Bancorp has a trailing twelve months price to earnings ratio of 10.64. Meaning, the purchaser of the share is investing $10.64 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 10.8%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 3% and 4.3%, respectively.
Moving Average
Bank of Marin Bancorp’s value is under its 50-day moving average of $32.67 and below its 200-day moving average of $32.44.
