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Sumitomo Mitsui And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Boston Properties (BXP), T. Rowe Price Group (TROW), Plains All American Pipeline, L.P. (PAA) are the highest payout ratio stocks on this list.

We have congregated information concerning 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 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. Boston Properties (BXP)

72.59% Payout Ratio

Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets – Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 51.2 million square feet and 196 properties, including six properties under construction/redevelopment.

Earnings Per Share

As for profitability, Boston Properties has a trailing twelve months EPS of $2.93.

PE Ratio

Boston Properties has a trailing twelve months price to earnings ratio of 18.06. Meaning, the purchaser of the share is investing $18.06 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 12.45%.

Yearly Top and Bottom Value

Boston Properties’s stock is valued at $52.85 at 02:23 EST, way under its 52-week high of $133.11 and way higher than its 52-week low of $46.18.

Moving Average

Boston Properties’s value is way below its 50-day moving average of $66.33 and way below its 200-day moving average of $75.82.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 3.92 and the estimated forward annual dividend yield is 5.37%.

Sales Growth

Boston Properties’s sales growth is 1.7% for the ongoing quarter and 0.2% for the next.

2. T. Rowe Price Group (TROW)

71.64% Payout Ratio

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

Earnings Per Share

As for profitability, T. Rowe Price Group has a trailing twelve months EPS of $11.78.

PE Ratio

T. Rowe Price Group has a trailing twelve months price to earnings ratio of 9.39. Meaning, the purchaser of the share is investing $9.39 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 14.54%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 38.2% and a negative 5.6%, respectively.

3. Plains All American Pipeline, L.P. (PAA)

54.83% Payout Ratio

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), and natural gas in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2019, this segment owned and leased 18,535 miles of active crude oil and NGL pipelines and gathering systems; 35 million barrels of active and above-ground tank capacity; 825 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment provides storage, terminalling, and throughput services for crude oil, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2019, this segment owned and operated approximately 79 million barrels of crude oil storage capacity; 34 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage working capacity; 25 billion cubic feet of base gas; seven natural gas processing plants; a condensate processing facility; eight fractionation plants; 30 crude oil and NGL rail terminals; six marine facilities; and approximately 430 miles of active pipelines. The Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; stores inventory and NGL; purchases NGL from producers, refiners, processors, and other marketers; extracts NGL; resells or exchanges crude oil and NGL; and transports crude oil and NGL on trucks, barges, railcars, pipelines, and vessels. This segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill; 760 trucks and 900 trailers; and 8,000 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Plains All American Pipeline, L.P. has a trailing twelve months EPS of $-3.83.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.4%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jan 29, 2023, the estimated forward annual dividend rate is 1.07 and the estimated forward annual dividend yield is 8.41%.

Moving Average

Plains All American Pipeline, L.P.’s worth is under its 50-day moving average of $12.61 and above its 200-day moving average of $11.71.

Yearly Top and Bottom Value

Plains All American Pipeline, L.P.’s stock is valued at $12.43 at 02:23 EST, under its 52-week high of $13.50 and way above its 52-week low of $9.10.

4. U.S. Bancorp (USB)

50.95% Payout Ratio

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. It also provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, the company offers investment and insurance products to its customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, it provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, U.S. Bancorp has a trailing twelve months EPS of $3.79.

PE Ratio

U.S. Bancorp has a trailing twelve months price to earnings ratio of 9.21. Meaning, the purchaser of the share is investing $9.21 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 10.95%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 16.2% and 15.6%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8.3%, now sitting on 22.21B for the twelve trailing months.

5. Gentex Corporation (GNTX)

35.29% Payout Ratio

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.

Earnings Per Share

As for profitability, Gentex Corporation has a trailing twelve months EPS of $1.51.

PE Ratio

Gentex Corporation 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 15.92%.

6. Sumitomo Mitsui (SMFG)

35% Payout Ratio

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.

Earnings Per Share

As for profitability, Sumitomo Mitsui has a trailing twelve months EPS of $0.05.

PE Ratio

Sumitomo Mitsui has a trailing twelve months price to earnings ratio of 169.33. Meaning, the purchaser of the share is investing $169.33 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 5.31%.

Moving Average

Sumitomo Mitsui’s worth is under its 50-day moving average of $8.51 and way above its 200-day moving average of $6.68.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 28, 2022, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 3.73%.

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