(VIANEWS) – Newtek Business Services Corp. (NEWT), Cracker Barrel Old Country Store (CBRL), Fanhua (FANH) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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. Newtek Business Services Corp. (NEWT)
205.22% Payout Ratio
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.
Earnings Per Share
As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.31.
PE Ratio
Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 8.71. Meaning, the purchaser of the share is investing $8.71 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 8.29%.
Sales Growth
Newtek Business Services Corp.’s sales growth is 40.3% for the current quarter and 51.5% for the next.
Moving Average
Newtek Business Services Corp.’s value is way under its 50-day moving average of $17.29 and way below its 200-day moving average of $18.52.
Yearly Top and Bottom Value
Newtek Business Services Corp.’s stock is valued at $11.41 at 14:23 EST, way under its 52-week high of $27.30 and above its 52-week low of $11.19.
2. Cracker Barrel Old Country Store (CBRL)
108.56% Payout Ratio
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 14, 2022, it operated 664 Cracker Barrel stores in 45 states. The company was incorporated in 1969 and is headquartered in Lebanon, Tennessee.
There are several stocks that currently pass through the screen and Cracker Barrel Old Country Store (CBRL Quick QuoteCBRL – Free Report) is one of them.
Is cracker barrel old country store (cbrl) outperforming other retail-wholesale stocks this year?Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Cracker Barrel Old Country Store and J d Wetherspoon Plc as they could maintain their solid performance., This means that Cracker Barrel Old Country Store is outperforming the sector as a whole this year.
Earnings Per Share
As for profitability, Cracker Barrel Old Country Store has a trailing twelve months EPS of $4.86.
PE Ratio
Cracker Barrel Old Country Store has a trailing twelve months price to earnings ratio of 22.86. Meaning, the purchaser of the share is investing $22.86 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 19.9%.
Sales Growth
Cracker Barrel Old Country Store’s sales growth is 7.2% for the current quarter and 7.4% for the next.
Volume
Today’s last reported volume for Cracker Barrel Old Country Store is 684731 which is 70.44% above its average volume of 401720.
3. Fanhua (FANH)
55.23% Payout Ratio
Fanhua Inc., together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products. The Claims Adjusting segment offers pre-underwriting survey, claims adjusting, residual value disposal, loading and unloading supervision, and consulting services. The company also operates baoxian.com, an online insurance platform, which allows customers to search for, and purchase a range of insurance products; Lan Zhanggui, an internet-based all-in-one application; and ehuzhu.com, an online non-profit mutual aid platform, as well as CNpad Auto for facilitating auto insurance transaction. It serves customers through insurance sales and service group, and insurance agencies, as well as sales and service branches and outlets, registered independent sales agents, and in-house claims adjustors. The company was formerly known as CNinsure Inc. and changed its name to Fanhua Inc. in December 2016. Fanhua Inc. was founded in 1998 and is headquartered in Guangzhou, China.
Earnings Per Share
As for profitability, Fanhua has a trailing twelve months EPS of $0.26.
PE Ratio
Fanhua has a trailing twelve months price to earnings ratio of 31.38. Meaning, the purchaser of the share is investing $31.38 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 4.64%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Fanhua’s EBITDA is 4.39.
4. Bank of New York Mellon (BK)
48.97% Payout Ratio
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Bank of New York Mellon has a trailing twelve months EPS of $3.75.
PE Ratio
Bank of New York Mellon has a trailing twelve months price to earnings ratio of 11.66. Meaning, the purchaser of the share is investing $11.66 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 6.08%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.3%, now sitting on 16.34B for the twelve trailing months.
Moving Average
Bank of New York Mellon’s worth is way under its 50-day moving average of $49.00 and under its 200-day moving average of $44.46.
Previous days news about Bank of New York Mellon (BK)
- Here's why the bank of New York mellon corporation (bk) is a great 'buy the bottom' stock now. According to Zacks on Monday, 27 March, "A downtrend has been apparent in The Bank of New York Mellon Corporation (BK Quick QuoteBK – Free Report) lately. ", "Moreover, a Zacks Rank of 2 for The Bank of New York Mellon Corporation is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company’s prospects are beginning to improve."
5. Community Trust Bancorp (CTBI)
36.68% Payout Ratio
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan products include commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, safe deposit boxes rental, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage, and trust and wealth management services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, telephone, and internet banking services. The company operates seventy-nine banking locations in eastern, northeastern, central, south central Kentucky, southern West Virginia, and northeastern Tennessee; four trust offices across Kentucky; and one trust office in northeastern Tennessee. Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.
Earnings Per Share
As for profitability, Community Trust Bancorp has a trailing twelve months EPS of $4.52.
PE Ratio
Community Trust Bancorp has a trailing twelve months price to earnings ratio of 8.61. Meaning, the purchaser of the share is investing $8.61 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 12.34%.
Volume
Today’s last reported volume for Community Trust Bancorp is 89920 which is 63.4% above its average volume of 55030.
Yearly Top and Bottom Value
Community Trust Bancorp’s stock is valued at $38.92 at 14:23 EST, way below its 52-week high of $48.05 and higher than its 52-week low of $37.61.
