(VIANEWS) – Carpenter Technology Corporation (CRS), Mid (MAA), Spok Holdings (SPOK) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. 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 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. Carpenter Technology Corporation (CRS)
190.48% Payout Ratio
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
Earnings Per Share
As for profitability, Carpenter Technology Corporation has a trailing twelve months EPS of $0.42.
PE Ratio
Carpenter Technology Corporation has a trailing twelve months price to earnings ratio of 113.76. Meaning, the purchaser of the share is investing $113.76 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 1.54%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 30, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 1.69%.
Sales Growth
Carpenter Technology Corporation’s sales growth is 31.8% for the current quarter and 32.7% for the next.
Yearly Top and Bottom Value
Carpenter Technology Corporation’s stock is valued at $47.78 at 02:23 EST, way under its 52-week high of $54.89 and way above its 52-week low of $24.76.
2. Mid (MAA)
87.65% Payout Ratio
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of September 30, 2022, MAA had ownership interest in 101,769 apartment units, including communities currently in development, across 16 states and the District of Columbia.
Earnings Per Share
As for profitability, Mid has a trailing twelve months EPS of $5.69.
PE Ratio
Mid has a trailing twelve months price to earnings ratio of 25.91. Meaning, the purchaser of the share is investing $25.91 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 10.91%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 12, 2023, the estimated forward annual dividend rate is 5.6 and the estimated forward annual dividend yield is 3.66%.
Yearly Top and Bottom Value
Mid’s stock is valued at $147.44 at 02:23 EST, way under its 52-week high of $190.17 and higher than its 52-week low of $138.68.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 35.7% and positive 13.3% for the next.
3. Spok Holdings (SPOK)
77.64% Payout Ratio
Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. It offers Spok Healthcare Console that helps operators perform directory searches and code calls, as well as messaging and paging; Spok Web-Based Directory that enables staff to send messages from the directory; Spok Web-Based On-Call Scheduling, which keeps personnel, calendars, and on-call scheduling information updated; Spok Speech to process routine phone requests, including transfers, directory assistance, messaging, and paging; and Spok Call Recording and Quality Management, which records, monitors, and scores operators' conversations. The company also provides Spok Mobile for secure code alerts, patient updates, results, consult requests, and other services; Spok Device Preference Engine, which facilitates voice conversations among doctors and caregivers; Spok pc/psap that integrates the phone system, mapping systems, and other resources to speed emergency dispatch; and Spok Enterprise Alert, which directs emergency personnel to caller's location. In addition, it sells devices to resellers who lease or resell them to their subscribers; and ancillary services, such as voicemail and equipment loss or maintenance protection, as well as provides a suite of professional services, and software license updates and product support services. The company serves businesses, professionals, management personnel, medical personnel, field sales personnel and service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies. The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014. Spok Holdings, Inc. was incorporated in 2004 and is headquartered in Springfield, Virginia.
Earnings Per Share
As for profitability, Spok Holdings has a trailing twelve months EPS of $1.61.
PE Ratio
Spok Holdings has a trailing twelve months price to earnings ratio of 7.48. Meaning, the purchaser of the share is investing $7.48 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 19.61%.
Sales Growth
Spok Holdings’s sales growth for the next quarter is negative 0.1%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 133.89M for the twelve trailing months.
4. Rogers Communication (RCI)
56.5% Payout Ratio
Rogers Communications Inc. operates as a communications and media company in North America. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands. It also provides internet and WiFi services; and smart home monitoring services, such as monitoring, security, automation, energy efficiency, and smart control through a smartphone app. In addition, the company offers local and network TV; on-demand television; cloud-based digital video recorders; voice-activated remote controls, and integrated apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and seasonal games through television, smartphones, tablets, personal computers, and other streaming devices, as well as operates Ignite TV and Ignite TV app. Further, it provides residential and small business local telephony services; calling features, such as voicemail, call waiting, and long distance; voice, data networking, Internet protocol, and Ethernet services; private networking, Internet, IP voice, and cloud solutions; optical wave and multi-protocol label switching services; information technology (IT) and network technologies; cable access network services; and telecommunications technical consulting services. Additionally, the company owns Toronto Blue Jays and the Rogers Centre event venue; and operates Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada), and OLN television networks, as well as 54 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Rogers Communication has a trailing twelve months EPS of $2.6.
PE Ratio
Rogers Communication has a trailing twelve months price to earnings ratio of 17.04. Meaning, the purchaser of the share is investing $17.04 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 16.76%.
Previous days news about Rogers Communication (RCI)
- Zacks industry outlook highlights rogers communication and liberty global. According to Zacks on Tuesday, 30 May, "Chicago, IL - May 30, 2023 - Today, Zacks Equity Research discusses Rogers Communication (RCI Quick QuoteRCI – Free Report) and Liberty Global (LBTYA Quick QuoteLBTYA – Free Report) .", "The increased media consumption has been a key catalyst for industry participants like Rogers Communication and Liberty Global."
