(VIANEWS) – International Business Machines (IBM), Chesapeake Granite Wash Trust (CHKR), Extra Space Storage (EXR) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio so far. 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 distribute them.
When investigating 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. International Business Machines (IBM)
294.64% Payout Ratio
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company has collaboration agreement with Siemens Digital Industri Software to develop a combined software solution. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
Earnings Per Share
As for profitability, International Business Machines has a trailing twelve months EPS of $2.25.
PE Ratio
International Business Machines has a trailing twelve months price to earnings ratio of 56.63. Meaning, the purchaser of the share is investing $56.63 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 10.07%.
Sales Growth
International Business Machines’s sales growth is 0.2% for the ongoing quarter and 10.1% for the next.
Moving Average
International Business Machines’s value is above its 50-day moving average of $126.63 and under its 200-day moving average of $133.09.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.4%, now sitting on 60.59B for the twelve trailing months.
Yearly Top and Bottom Value
International Business Machines’s stock is valued at $127.42 at 14:23 EST, way under its 52-week high of $153.21 and way above its 52-week low of $115.55.
2. Chesapeake Granite Wash Trust (CHKR)
100% Payout Ratio
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.28.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 4.18. Meaning, the purchaser of the share is investing $4.18 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 124.33%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Chesapeake Granite Wash Trust’s EBITDA is 14.98.
Yearly Top and Bottom Value
Chesapeake Granite Wash Trust’s stock is valued at $1.17 at 14:23 EST, way under its 52-week high of $1.42 and way above its 52-week low of $0.90.
Moving Average
Chesapeake Granite Wash Trust’s worth is above its 50-day moving average of $1.17 and under its 200-day moving average of $1.19.
3. Extra Space Storage (EXR)
96.38% Payout Ratio
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2022, the Company owned and/or operated 2,338 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.6 million units and approximately 176.1 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
Earnings Per Share
As for profitability, Extra Space Storage has a trailing twelve months EPS of $6.22.
PE Ratio
Extra Space Storage has a trailing twelve months price to earnings ratio of 23.86. Meaning, the purchaser of the share is investing $23.86 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 23.07%.
4. Brixmor Property Group (BRX)
78.13% Payout Ratio
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.
Earnings Per Share
As for profitability, Brixmor Property Group has a trailing twelve months EPS of $1.23.
PE Ratio
Brixmor Property Group has a trailing twelve months price to earnings ratio of 16.59. Meaning, the purchaser of the share is investing $16.59 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 13.67%.
5. Reynolds Consumer Products (REYN)
74.8% Payout Ratio
Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.
Earnings Per Share
As for profitability, Reynolds Consumer Products has a trailing twelve months EPS of $1.05.
PE Ratio
Reynolds Consumer Products has a trailing twelve months price to earnings ratio of 26.56. Meaning, the purchaser of the share is investing $26.56 for every dollar of annual earnings.
6. WD-40 Company (WDFC)
72.37% Payout Ratio
WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid-bulk form products under the WD-40 Multi-Use brand name for various consumer uses and industrial applications; and specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand, as well as various products under the WD-40 Bike brand name. It also provides multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand name; and professional spray maintenance products and lubricants for the bike market under the GT85 brand name. In addition, the company offers automatic toilet bowl cleaners under the 2000 Flushes brand name; aerosol and liquid trigger carpet stain and odor eliminators under the Spot Shot brand; room and rug deodorizers under the Carpet Fresh brand name; carpet and household cleaners, and rug and room deodorizers under the 1001 brand; heavy-duty hand cleaner products under the Lava brand name in the United States, as well as under the Solvol brand name in Australia; and liquid mildew stain removers and automatic toilet bowl cleaners under the X-14 brand name. It sells its products primarily through warehouse club stores, hardware stores, automotive parts outlets, industrial distributors and suppliers, mass retail and home center stores, value retailers, grocery stores, online retailers, farm supply, sport retailers, and independent bike dealers. WD-40 Company was founded in 1953 and is headquartered in San Diego, California.
Earnings Per Share
As for profitability, WD-40 Company has a trailing twelve months EPS of $4.28.
PE Ratio
WD-40 Company has a trailing twelve months price to earnings ratio of 45.44. Meaning, the purchaser of the share is investing $45.44 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 30.19%.
Yearly Top and Bottom Value
WD-40 Company’s stock is valued at $194.49 at 14:23 EST, below its 52-week high of $209.64 and way higher than its 52-week low of $145.16.
Earnings Before Interest, Taxes, Depreciation, and Amortization
WD-40 Company’s EBITDA is 5.51.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2023, the estimated forward annual dividend rate is 3.32 and the estimated forward annual dividend yield is 1.67%.
Sales Growth
WD-40 Company’s sales growth is 11.9% for the ongoing quarter and 8.7% for the next.
