(VIANEWS) – Whitestone REIT (WSR), MVB Financial Corp. (MVBF), Movado Group (MOV) are the highest payout ratio stocks on this list.
We have gathered information concerning stocks with the highest payout ratio at the moment. 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 distribute 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. Whitestone REIT (WSR)
73.85% Payout Ratio
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.
Earnings Per Share
As for profitability, Whitestone REIT has a trailing twelve months EPS of $0.65.
PE Ratio
Whitestone REIT has a trailing twelve months price to earnings ratio of 13.32. Meaning, the purchaser of the share is investing $13.32 for every dollar of annual earnings.
2. MVB Financial Corp. (MVBF)
58.12% Payout Ratio
MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. The company operates through three segments: Commercial and Retail Banking; Mortgage Banking; and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and grants various types of loans, including commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, and consumer loans. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as automated teller machines, and internet and telephone banking services. The company operates 13 full-service banking branches; ten offices in West Virginia; and three in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.
Earnings Per Share
As for profitability, MVB Financial Corp. has a trailing twelve months EPS of $1.17.
PE Ratio
MVB Financial Corp. has a trailing twelve months price to earnings ratio of 15.44. Meaning, the purchaser of the share is investing $15.44 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 5.36%.
3. Movado Group (MOV)
33.98% Payout Ratio
Movado Group, Inc. designs, develops, sources, markets, and distributes watches in the United States and internationally. It operates in two segments, Watch and Accessory Brands; and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT owned brands, as well as under the Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, SCUDERIA FERRARI, Rebecca Minkoff, and Uri Minkoff licensed brands. It also provides after-sales and shipping services. As of January 31, 2020, the company operated 47 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.
Earnings Per Share
As for profitability, Movado Group has a trailing twelve months EPS of $4.12.
PE Ratio
Movado Group has a trailing twelve months price to earnings ratio of 6.1. Meaning, the purchaser of the share is investing $6.1 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 19.65%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 3, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 5.58%.
Yearly Top and Bottom Value
Movado Group’s stock is valued at $25.12 at 14:23 EST, way below its 52-week high of $37.92 and above its 52-week low of $24.70.
4. Albany International Corporation (AIN)
30.36% Payout Ratio
Albany International Corp. engages in the textile and materials processing businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in manufacturing papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries. This segment sells its products directly to end-user customers. The AEC segment designs, develops, and manufactures composite structures primarily to customers in the commercial and defense aerospace industries. The company operates in the United States, Switzerland, France, Brazil, China, Mexico, and internationally. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.
Earnings Per Share
As for profitability, Albany International Corporation has a trailing twelve months EPS of $3.03.
PE Ratio
Albany International Corporation has a trailing twelve months price to earnings ratio of 30.1. Meaning, the purchaser of the share is investing $30.1 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 15, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.16%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Albany International Corporation’s EBITDA is 2.82.
Sales Growth
Albany International Corporation’s sales growth is negative 1.2% for the ongoing quarter and 0.8% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 13.2% and a negative 19.1%, respectively.
