(VIANEWS) – Oil (ODC), Banco Bradesco (BBD), Packaging Corporation of America (PKG) are the highest payout ratio stocks on this list.
We have gathered information regarding stocks with the highest payout ratio up to now. 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 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. Oil (ODC)
61.8% Payout Ratio
Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group; and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as chemical carriers, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names. It also offers animal health and nutrition products for the livestock industry under the Amlan, Calibrin, Varium, Neoprime, MD-09, and Pel-Unite and Pel-Unite Plus brand names; and bleaching clay and purification aid products for bleaching, purification, and filtration applications under the Pure-Flo, Perform, Select, and Ultra-Clear brand names. In addition, the company provides cat litter products, such as scoopable and non-clumping litters under the Cat's Pride and Jonny Cat brand names; industrial and automotive sorbent products from clay, polypropylene, and recycled materials to absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, and soccer fields under the Pro's Choice brand name. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois.
Earnings Per Share
As for profitability, Oil has a trailing twelve months EPS of $1.78.
PE Ratio
Oil has a trailing twelve months price to earnings ratio of 22.97. Meaning, the purchaser of the share is investing $22.97 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 7.82%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Oil’s EBITDA is 40.2.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 379.13M for the twelve trailing months.
Previous days news about Oil (ODC)
- Usd/cad traces steady oil price to seesaw around 1.3500 ahead of fed minutes. According to FXStreet on Wednesday, 24 May, "Also, mixed concerns about the risk and an absence of major incentives restrict the Oil price moves and limit the USD/CAD performance of late.", "Elsewhere, the US Dollar’s retreat and a surprise depletion in the Oil inventories per the American Petroleum Institute (API) allowed the WTI crude oil to refresh a multi-day high the previous day. "
- Crude oil forecast: finding its summer range – 24 May 2023. According to DailyForex on Wednesday, 24 May, "Ultimately, the WTI Crude Oil and Brent markets are navigating a volatile landscape as they attempt to establish summer ranges. "
2. Banco Bradesco (BBD)
58.87% Payout Ratio
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.
Earnings Per Share
As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.33.
PE Ratio
Banco Bradesco has a trailing twelve months price to earnings ratio of 9.86. Meaning, the purchaser of the share is investing $9.86 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 11.82%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 79.54B for the twelve trailing months.
Volume
Today’s last reported volume for Banco Bradesco is 16008700 which is 44.24% below its average volume of 28713800.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 1, 2023, the estimated forward annual dividend rate is 0.19 and the estimated forward annual dividend yield is 5.78%.
Sales Growth
Banco Bradesco’s sales growth is negative 39.6% for the present quarter and 9.5% for the next.
3. Packaging Corporation of America (PKG)
47.89% Payout Ratio
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication-based papers, such as cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Earnings Per Share
As for profitability, Packaging Corporation of America has a trailing twelve months EPS of $10.43.
PE Ratio
Packaging Corporation of America has a trailing twelve months price to earnings ratio of 12.46. Meaning, the purchaser of the share is investing $12.46 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 25.62%.
Volume
Today’s last reported volume for Packaging Corporation of America is 275245 which is 62.03% below its average volume of 724978.
4. Accenture (ACN)
38.49% Payout Ratio
Accenture plc, a professional services company, provides strategy and consulting, interactive, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management, intelligent automation comprises robotic process automation, natural language processing, and virtual agents, and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprises turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services. It also provides change management, HR transformation and delivery, organization strategy and design, talent strategy and development, and leadership and culture services; digital commerce; infrastructure services, including cloud infrastructure managed, cloud and data center, network, digital workplace, database platforms, service management, and cloud and infrastructure security services; data-enabled operating models; technology consulting and AI services; and technology consulting services. In addition, the company offers engineering and R&D digitization, smart connected products, product as-a-service enablement, capital projects, intelligent asset management, digital industrial workforce, and autonomous robotic systems; business process outsourcing; and services related to technology innovation. Further, it provides cloud, ecosystem, marketing, security, supply chain management, zero-based transformation, customer experience, finance consulting, mergers and acquisitions, and sustainability services. The company was founded in 1951 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, Accenture has a trailing twelve months EPS of $10.85.
PE Ratio
Accenture has a trailing twelve months price to earnings ratio of 28.05. Meaning, the purchaser of the share is investing $28.05 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 30.95%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Accenture’s EBITDA is 2.72.
Previous days news about Accenture (ACN)
- According to VentureBeat on Wednesday, 24 May, "According to an Accenture survey, 98% of global executives agree that AI foundation models will play an important role in their organizations’ strategies in the next three to five years. "
- Accenture (acn) adds spideroak to its investment portfolio. According to Zacks on Wednesday, 24 May, "Through the strategic investment, Accenture aims at providing secure communications in space and integrate SpiderOak’s technology with its own solutions, pertaining to satellite communications, remote IoT device-to-Satellite data, ground station as-a-service, Space R&D and earth observation data.", "The company recently announced that it has made a strategic investment in cybersecurity company, SpiderOak, through Accenture Ventures, its venture arm. "
- According to MarketWatch on Thursday, 25 May, "He mentioned two other companies benefiting from the implementation of AI: Accenture PLC , which provides various services to help corporate customers adapt to new technologies, and Arista Networks Inc. , whose ethernet switches can help companies to scale-up AI. "
- Wall street analysts see accenture (acn) as a buy: should you invest?. According to Zacks on Friday, 26 May, "Let’s take a look at what these Wall Street heavyweights have to say about Accenture (ACN Quick QuoteACN – Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.", "Check price target & stock forecast for Accenture here>>>The ABR suggests buying Accenture, but making an investment decision solely on the basis of this information might not be a good idea. "
