(VIANEWS) – Vornado Realty Trust (VNO), Nuveen California Select Tax (NXC), Ecolab (ECL) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up until now. The payout ratio in itself isn’t a guarantee 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. Vornado Realty Trust (VNO)
427.44% Payout Ratio
Vornado's portfolio is concentrated in the nation's key market — New York City — along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
Earnings Per Share
As for profitability, Vornado Realty Trust has a trailing twelve months EPS of $-1.84.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.36%.
Yearly Top and Bottom Value
Vornado Realty Trust’s stock is valued at $15.37 at 02:23 EST, way below its 52-week high of $45.84 and way higher than its 52-week low of $12.53.
Volume
Today’s last reported volume for Vornado Realty Trust is 3798180 which is 23.1% below its average volume of 4939520.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 26, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 6.4%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 100% and a negative 106.2%, respectively.
2. Nuveen California Select Tax (NXC)
101.73% Payout Ratio
Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.6.
PE Ratio
Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 22.31. Meaning, the purchaser of the share is investing $22.31 for every dollar of annual earnings.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Feb 13, 2023, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 3.46%.
Volume
Today’s last reported volume for Nuveen California Select Tax is 783 which is 90.7% below its average volume of 8428.
Moving Average
Nuveen California Select Tax’s worth is below its 50-day moving average of $14.01 and below its 200-day moving average of $13.61.
3. Ecolab (ECL)
52.04% Payout Ratio
Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. The Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education, and retail industries. Its Global Healthcare & Life Sciences segment offers specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries, such as infection prevention and surgical solutions, and end-to-end cleaning and contamination control solutions under the Ecolab, Microtek, and Anios brand names. The company's Other segment offers pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, educational and healthcare facilities, hotels, quick service restaurant and grocery operations, and other institutional and commercial customers. This segment also provides colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries; and products and services that manage wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and reduction, as well as real time data management. It sells its products through field sales and corporate account personnel, distributors, and dealers. The company was founded in 1923 and is headquartered in Saint Paul, Minnesota.
Earnings Per Share
As for profitability, Ecolab has a trailing twelve months EPS of $-4.53.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.29%.
4. CB Financial Services (CBFV)
44.04% Payout Ratio
CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products. Its loan products comprise residential real estate loans, such as one- to four-family mortgage loans, home equity installment loans, and home equity lines of credit; commercial real estate loans that are secured primarily by improved properties, such as retail facilities, office buildings, and other non-residential buildings; construction loans to individuals to finance the construction of residential dwellings, as well as for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses; commercial and industrial loans, and lines of credit; consumer loans consisting of indirect auto loans, secured and unsecured loans, and lines of credit; and other loans. In addition, the company conducts insurance agency activities by offering property and casualty, commercial liability, surety, and other insurance products. It operates through its main office and 13 branch offices in Greene, Allegheny, Washington, Fayette, and Westmoreland counties in southwestern Pennsylvania; Marshall and Ohio counties in West Virginia; and Belmont County in Ohio, as well as one loan production offices in Allegheny County. The company was founded in 1901 and is headquartered in Carmichaels, Pennsylvania.
Earnings Per Share
As for profitability, CB Financial Services has a trailing twelve months EPS of $2.15.
PE Ratio
CB Financial Services has a trailing twelve months price to earnings ratio of 10.1. Meaning, the purchaser of the share is investing $10.1 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 9.25%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 24.1% and 3350%, respectively.
Yearly Top and Bottom Value
CB Financial Services’s stock is valued at $21.71 at 02:23 EST, way below its 52-week high of $24.98 and higher than its 52-week low of $20.49.
Revenue Growth
Year-on-year quarterly revenue growth declined by 24.5%, now sitting on 48.91M for the twelve trailing months.
