(VIANEWS) – Axis Capital Holdings Limited (AXS), Citizens Holding Company (CIZN), Invesco (IVZ) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee of 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 are a few stocks with an above 30% percent payout ratio.
1. Axis Capital Holdings Limited (AXS)
66.67% Payout Ratio
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, and hull war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; credit and surety; and motor liability products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; marine and aviation reinsurance products; and personal accident, specialty health, accidental death, travel, life and disability reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, Axis Capital Holdings Limited has a trailing twelve months EPS of $2.61.
PE Ratio
Axis Capital Holdings Limited has a trailing twelve months price to earnings ratio of 21.39. Meaning, the purchaser of the share is investing $21.39 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 5.04%.
Yearly Top and Bottom Value
Axis Capital Holdings Limited’s stock is valued at $55.82 at 20:23 EST, way under its 52-week high of $63.99 and way higher than its 52-week low of $48.32.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 3.24%.
Volume
Today’s last reported volume for Axis Capital Holdings Limited is 631105 which is 4.99% above its average volume of 601077.
2. Citizens Holding Company (CIZN)
61.54% Payout Ratio
Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit. In addition, the company offers personal and corporate trust services; credit life and title insurance; and internet and mobile banking services. It operates a principal office in downtown Philadelphia, Mississippi; and 28 additional branches in Neshoba, Newton, Leake, Lamar, Forrest, Scott, Attala, Lauderdale, Lafayette, Oktibbeha, Rankin, Madison, Harrison, Jackson, Winston, and Kemper counties, Mississippi. Citizens Holding Company was founded in 1908 and is headquartered in Philadelphia, Mississippi.
Earnings Per Share
As for profitability, Citizens Holding Company has a trailing twelve months EPS of $1.56.
PE Ratio
Citizens Holding Company has a trailing twelve months price to earnings ratio of 8.24. Meaning, the purchaser of the share is investing $8.24 for every dollar of annual earnings.
Volume
Today’s last reported volume for Citizens Holding Company is 531 which is 79.37% below its average volume of 2574.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.5%, now sitting on 44.79M for the twelve trailing months.
Yearly Top and Bottom Value
Citizens Holding Company’s stock is valued at $12.86 at 20:23 EST, way below its 52-week high of $18.49 and higher than its 52-week low of $11.85.
3. Invesco (IVZ)
54.35% Payout Ratio
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Invesco has a trailing twelve months EPS of $1.38.
PE Ratio
Invesco has a trailing twelve months price to earnings ratio of 10.72. Meaning, the purchaser of the share is investing $10.72 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 5.08%.
Sales Growth
Invesco’s sales growth is negative 5.4% for the current quarter and 0.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13%, now sitting on 5.84B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Invesco’s EBITDA is 3.23.
Moving Average
Invesco’s value is under its 50-day moving average of $16.02 and way below its 200-day moving average of $17.09.
Previous days news about Invesco (IVZ)
- Zacks investment ideas feature highlights: the invesco QQQ trust etf, vaneck vectors semiconductor ETF and NVIDIA. According to Zacks on Tuesday, 30 May, "Chicago, IL - May 30, 2023 - Today, Zacks Investment Ideas feature highlights The Invesco QQQ Trust ETF (QQQ Quick QuoteQQQ – Free Report) , VanEck Vectors Semiconductor ETF (SMH Quick QuoteSMH – Free Report) and NVIDIA Inc. (NVDA Quick QuoteNVDA – Free Report) .", "The Invesco QQQ Trust ETF, which tracks the Nasdaq 100 index, has witnessed steady outperformance, soaring nearly 28% to start the year:"
- According to Zacks on Tuesday, 30 May, "The Invesco PHLX Semiconductor ETF (SOXQ Quick QuoteSOXQ – Free Report) , which made its debut in 2021, is now the cheapest product in the space."
4. Banco Bradesco (BBDO)
53.98% 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 7.97. Meaning, the purchaser of the share is investing $7.97 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 11.82%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.17 and the estimated forward annual dividend yield is 6.17%.
Volume
Today’s last reported volume for Banco Bradesco is 16805 which is 26.48% below its average volume of 22858.
