(VIANEWS) – Highwoods Properties (HIW), Wausau Pape (WPP), Omega Flex (OFLX) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. 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 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. Highwoods Properties (HIW)
134.23% Payout Ratio
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.
Earnings Per Share
As for profitability, Highwoods Properties has a trailing twelve months EPS of $1.49.
PE Ratio
Highwoods Properties has a trailing twelve months price to earnings ratio of 14.53. Meaning, the purchaser of the share is investing $14.53 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 6.33%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 9.37%.
Moving Average
Highwoods Properties’s worth is way below its 50-day moving average of $26.87 and way under its 200-day moving average of $29.50.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 39.5% and a negative 47.9%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Highwoods Properties’s EBITDA is 6.5.
2. Wausau Pape (WPP)
57.67% Payout Ratio
WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. It offers plans and creates marketing and branding campaigns; designs and produces advertisements across various media; and provides media buying services, such as strategy and business development, media investment, data and technology, and content. The company also offers public relations advisory services to clients who are seeking to communicate with a range of stakeholders from consumers to governments and the business and financial communities; and specialist agency services. WPP plc was founded in 1985 and is based in London, the United Kingdom.
Earnings Per Share
As for profitability, Wausau Pape has a trailing twelve months EPS of $-16.87.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.19%.
3. Omega Flex (OFLX)
53.85% Payout Ratio
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.
Earnings Per Share
As for profitability, Omega Flex has a trailing twelve months EPS of $2.35.
PE Ratio
Omega Flex has a trailing twelve months price to earnings ratio of 46.23. Meaning, the purchaser of the share is investing $46.23 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 35.91%.
4. Associated Banc (ASB)
34.62% Payout Ratio
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Its Corporate and Commercial Specialty segment offers savings, money market deposit accounts, IRA accounts, and certificates of deposit; deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications. This segment also provides specialized financial services comprising interest rate risk management, foreign exchange solutions, and commodity hedging; administration of pension, profit-sharing and other employee benefit plans, fiduciary and corporate agency services, and institutional asset management; fixed and variable annuities, full-service, and discount and online investment brokerage; investment advisory services; and trust and investment management accounts. The company's Community, Consumer, and Business segment offers checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit. As of December 31, 2020, the company operated 228 banking branches. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
Earnings Per Share
As for profitability, Associated Banc has a trailing twelve months EPS of $2.37.
PE Ratio
Associated Banc has a trailing twelve months price to earnings ratio of 7.56. Meaning, the purchaser of the share is investing $7.56 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 9.11%.
Volume
Today’s last reported volume for Associated Banc is 2137880 which is 13.5% above its average volume of 1883520.
Sales Growth
Associated Banc’s sales growth is 32.9% for the current quarter and 18.9% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.4%, now sitting on 1.2B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 4.76%.
5. NBT Bancorp (NBTB)
32.95% Payout Ratio
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.7.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 9.53. Meaning, the purchaser of the share is investing $9.53 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 12.54%.
6. The Travelers Companies (TRV)
31.18% Payout Ratio
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial trucking industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, and program managers. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty coverages and related risk management services through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.
Earnings Per Share
As for profitability, The Travelers Companies has a trailing twelve months EPS of $11.06.
PE Ratio
The Travelers Companies has a trailing twelve months price to earnings ratio of 15.48. Meaning, the purchaser of the share is investing $15.48 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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 12.8% and positive 1.2% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 8, 2023, the estimated forward annual dividend rate is 3.72 and the estimated forward annual dividend yield is 1.99%.
