(VIANEWS) – Stanley Black & Decker (SWK), PNM Resources (PNM), Fastenal Company (FAST) 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 researching 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. Stanley Black & Decker (SWK)
300% Payout Ratio
Stanley Black & Decker, Inc. engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power tool accessories, and storage products. This segment sells its products through retailers, distributors, dealers, and a direct sales force to professional end users, distributors, dealers, retail consumers, and industrial customers in various industries. The company's Industrial segment provides engineered fastening systems and products to customers in the automotive, manufacturing, electronics, construction, aerospace, and other industries; provides pipeline inspection services; and sells hydraulic tools and performance-driven heavy equipment attachment tools. This segment serves oil and natural gas pipeline industry and other industrial customers. It also sells automatic doors to commercial customers. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker, Inc. was founded in 1843 and is headquartered in New Britain, Connecticut.
Earnings Per Share
As for profitability, Stanley Black & Decker has a trailing twelve months EPS of $1.06.
PE Ratio
Stanley Black & Decker has a trailing twelve months price to earnings ratio of 82.7. Meaning, the purchaser of the share is investing $82.7 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 1.6%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 5, 2023, the estimated forward annual dividend rate is 3.2 and the estimated forward annual dividend yield is 4.03%.
2. PNM Resources (PNM)
70.56% Payout Ratio
PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2018, this segment had owned or leased facilities with a total net generation capacity of 2,102 megawatts; and owned 3,206 miles of electric transmission lines, 6,067 miles of distribution overhead lines, 5,885 miles of underground distribution lines, and 255 substations. It also owns and leases office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2018, this segment owned 997 miles of overhead electric transmission lines, 7,151 miles of overhead distribution lines, 1,260 miles of underground distribution lines, and 122 substations. It also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 782,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.
Earnings Per Share
As for profitability, PNM Resources has a trailing twelve months EPS of $1.97.
PE Ratio
PNM Resources has a trailing twelve months price to earnings ratio of 24.77. Meaning, the purchaser of the share is investing $24.77 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 8.22%.
Yearly Top and Bottom Value
PNM Resources’s stock is valued at $48.79 at 14:23 EST, below its 52-week high of $49.60 and way above its 52-week low of $43.43.
Sales Growth
PNM Resources’s sales growth is 3.6% for the ongoing quarter and 3.2% for the next.
Moving Average
PNM Resources’s worth is below its 50-day moving average of $48.95 and higher than its 200-day moving average of $48.10.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.7%, now sitting on 2.25B for the twelve trailing months.
3. Fastenal Company (FAST)
65.98% Payout Ratio
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Earnings Per Share
As for profitability, Fastenal Company has a trailing twelve months EPS of $1.94.
PE Ratio
Fastenal Company has a trailing twelve months price to earnings ratio of 28.15. Meaning, the purchaser of the share is investing $28.15 for every dollar of annual earnings.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Fastenal Company’s EBITDA is 4.25.
4. Jack Henry & Associates (JKHY)
40.66% Payout Ratio
Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. The company's Jack Henry Banking business brand offers SilverLake, a robust primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation. Its Symitar business brand provides Episys, a robust designed for credit unions; and CruiseNet, a cost-efficient system designed primarily for credit unions. In addition, the company offers electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; and provides implementation, training, and support services. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $4.82.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 32.61. Meaning, the purchaser of the share is investing $32.61 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 25.33%.
5. Nike (NKE)
37.18% Payout Ratio
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Earnings Per Share
As for profitability, Nike has a trailing twelve months EPS of $3.47.
PE Ratio
Nike has a trailing twelve months price to earnings ratio of 36.42. Meaning, the purchaser of the share is investing $36.42 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 37.34%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Nike’s EBITDA is 3.85.
Previous days news about Nike (NKE)
- Nike (nke) stock moves -0.52%: what you should know. According to Zacks on Tuesday, 2 May, "On that day, Nike is projected to report earnings of $0.66 per share, which would represent a year-over-year decline of 26.67%. ", "In terms of valuation, Nike is currently trading at a Forward P/E ratio of 39.47. "
