(VIANEWS) – Cogent Communications Holdings (CCOI), OUTFRONT Media (OUT), CME Group (CME) 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 promise 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. Cogent Communications Holdings (CCOI)
1647.73% Payout Ratio
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
Earnings Per Share
As for profitability, Cogent Communications Holdings has a trailing twelve months EPS of $0.22.
PE Ratio
Cogent Communications Holdings has a trailing twelve months price to earnings ratio of 304.14. Meaning, the purchaser of the share is investing $304.14 for every dollar of annual earnings.
Yearly Top and Bottom Value
Cogent Communications Holdings’s stock is valued at $66.91 at 14:23 EST, way under its 52-week high of $75.00 and way above its 52-week low of $46.75.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 25% and positive 252.9% for the next.
2. OUTFRONT Media (OUT)
142.86% Payout Ratio
OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.
Earnings Per Share
As for profitability, OUTFRONT Media has a trailing twelve months EPS of $0.83.
PE Ratio
OUTFRONT Media has a trailing twelve months price to earnings ratio of 18.13. Meaning, the purchaser of the share is investing $18.13 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 10.88%.
Volume
Today’s last reported volume for OUTFRONT Media is 4673110 which is 167.55% above its average volume of 1746580.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 21.4% and positive 4.3% for the next.
3. CME Group (CME)
109.14% Payout Ratio
CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, CME Group has a trailing twelve months EPS of $7.75.
PE Ratio
CME Group has a trailing twelve months price to earnings ratio of 23.45. Meaning, the purchaser of the share is investing $23.45 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 10.39%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 2.4%.
Previous days news about CME Group (CME)
- According to FXStreet on Tuesday, 16 May, "Considering advanced prints from CME Group for gold futures markets, open interest resumed the uptrend and rose by around 13.4K contracts on Monday, reversing the previous daily drop. "
- According to FXStreet on Wednesday, 17 May, "Considering advanced prints from CME Group for crude oil futures markets, open interest dropped for the 5th consecutive session on Tuesday, now by around 8.4K contracts. "
4. Franklin Resources (BEN)
71.08% Payout Ratio
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Earnings Per Share
As for profitability, Franklin Resources has a trailing twelve months EPS of $1.66.
PE Ratio
Franklin Resources has a trailing twelve months price to earnings ratio of 14.86. Meaning, the purchaser of the share is investing $14.86 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 7.01%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 4.91%.
5. United Bancorp (UBCP)
41.67% Payout Ratio
United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. As of December 31, 2020, the company operated through a network of nineteen banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in Ohio, as well as Marshall and Ohio Counties in West Virginia and the surrounding localities; and a loan production office in Wheeling, West Virginia. United Bancorp, Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.
Earnings Per Share
As for profitability, United Bancorp has a trailing twelve months EPS of $1.44.
PE Ratio
United Bancorp has a trailing twelve months price to earnings ratio of 8.19. Meaning, the purchaser of the share is investing $8.19 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 0.66 and the estimated forward annual dividend yield is 5.37%.
Volume
Today’s last reported volume for United Bancorp is 4335 which is 10.69% below its average volume of 4854.