(VIANEWS) – National Presto Industries (NPK), Gerdau S.A. (GGB), Cintas Corporation (CTAS) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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 investigating 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. National Presto Industries (NPK)
41.67% Payout Ratio
National Presto Industries Inc. provides housewares and small appliances, and defense and safety products primarily in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers. This segment sells its products directly to retailers, as well as through independent distributors. Its Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. It also performs load, assemble, and pack operations on ordnance-related products. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. The company's Safety segment designs and markets fire extinguishers; and systems to monitor freezers and refrigerators detecting and alerting users to potential safety issues around pharmaceuticals and food. National Presto Industries Inc. was founded in 1905 and is based in Eau Claire, Wisconsin.
Earnings Per Share
As for profitability, National Presto Industries has a trailing twelve months EPS of $6.67.
PE Ratio
National Presto Industries has a trailing twelve months price to earnings ratio of 11.28. Meaning, the purchaser of the share is investing $11.28 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 4.95%.
Yearly Top and Bottom Value
National Presto Industries’s stock is valued at $75.29 at 01:23 EST, way under its 52-week high of $84.45 and way above its 52-week low of $59.99.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 27, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.46%.
Moving Average
National Presto Industries’s worth is higher than its 50-day moving average of $69.93 and above its 200-day moving average of $69.32.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.5%, now sitting on 325.52M for the twelve trailing months.
2. Gerdau S.A. (GGB)
38.68% Payout Ratio
Gerdau S.A., together with its subsidiaries, operates as a steel producer company in the Americas. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business divisions. It provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. The company also offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. In addition, it operates three mines that produce iron ore located in the Brazilian state of Minas Gerais. The company sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in São Paulo, Brazil.
Earnings Per Share
As for profitability, Gerdau S.A. has a trailing twelve months EPS of $1.59.
PE Ratio
Gerdau S.A. has a trailing twelve months price to earnings ratio of 3.99. Meaning, the purchaser of the share is investing $3.99 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 30.48%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Gerdau S.A.’s EBITDA is 1.64.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 21, 2022, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 11.04%.
Sales Growth
Gerdau S.A.’s sales growth for the current quarter is negative 11.8%.
3. Cintas Corporation (CTAS)
33.53% Payout Ratio
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms. It also offers first aid and safety services, and fire protection products and services. The company provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Cintas Corporation has a trailing twelve months EPS of $9.14.
PE Ratio
Cintas Corporation has a trailing twelve months price to earnings ratio of 48.72. Meaning, the purchaser of the share is investing $48.72 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 38.42%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 2.4% and 12.8%, respectively.
Yearly Top and Bottom Value
Cintas Corporation’s stock is valued at $445.08 at 01:23 EST, below its 52-week high of $470.23 and way higher than its 52-week low of $343.86.
Moving Average
Cintas Corporation’s worth is under its 50-day moving average of $447.40 and above its 200-day moving average of $413.93.
Sales Growth
Cintas Corporation’s sales growth is 9.8% for the ongoing quarter and 7.9% for the next.
4. Mercantile Bank Corporation (MBWM)
32.73% Payout Ratio
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $3.85.
PE Ratio
Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 9.04. Meaning, the purchaser of the share is investing $9.04 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 13.6%.
Moving Average
Mercantile Bank Corporation’s value is above its 50-day moving average of $33.81 and higher than its 200-day moving average of $33.11.
Volume
Today’s last reported volume for Mercantile Bank Corporation is 1612 which is 95.03% below its average volume of 32463.
Yearly Top and Bottom Value
Mercantile Bank Corporation’s stock is valued at $34.81 at 01:23 EST, way below its 52-week high of $39.12 and way above its 52-week low of $29.26.
5. HBT Financial (HBT)
30.62% Payout Ratio
HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. It offers money market, savings, checking, HSA, IRA, and interest-bearing transaction accounts; time, brokered, and noninterest-bearing demand deposits; and certificates of deposits. The company also offers commercial and industrial, agricultural and farmland, commercial real estate– owner and– non-owner occupied, multi-family, construction and land development, one-to-four family residential, and municipal, consumer, and other loans. In addition, it offers wealth management services, including financial planning to individuals, trusts, and estates; trustee and custodial, investment management, corporate retirement plan consulting and administration, and retail brokerage services; farmland management, farmland sale, and crop insurance services; and treasury management services, as well as originates and sells residential mortgage loans. Further, the company provides digital banking services, such as online and mobile banking, and digital payment services, as well as personal financial management tools. It operates through 60 full-service and three limited-service branch locations across 18 counties in Central and Northeastern Illinois. The company was formerly known as Heartland Bancorp, Inc. and changed its name to HBT Financial, Inc. in September 2019. HBT Financial, Inc. was founded in 1920 and is headquartered in Bloomington, Illinois.
Earnings Per Share
As for profitability, HBT Financial has a trailing twelve months EPS of $2.09.
PE Ratio
HBT Financial has a trailing twelve months price to earnings ratio of 10.56. Meaning, the purchaser of the share is investing $10.56 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 15.32%.
Moving Average
HBT Financial’s value is above its 50-day moving average of $20.19 and way above its 200-day moving average of $18.80.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 5, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 3.09%.
Volume
Today’s last reported volume for HBT Financial is 28791 which is 27.75% below its average volume of 39851.
