(VIANEWS) – Kellogg Company (K), Air Products and Chemicals (APD), Ameren (AEE) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until now. 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 issue 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. Kellogg Company (K)
97.11% Payout Ratio
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Krave, Rice Krispies Treats, Kashi Go, Crunchy Nut, Rice Krispies Squares, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. Kellogg Company was founded in 1906 and is headquartered in Battle Creek, Michigan.
Earnings Per Share
As for profitability, Kellogg Company has a trailing twelve months EPS of $2.42.
PE Ratio
Kellogg Company has a trailing twelve months price to earnings ratio of 27.32. Meaning, the purchaser of the share is investing $27.32 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 19.15%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Kellogg Company’s EBITDA is 1.92.
2. Air Products and Chemicals (APD)
68% Payout Ratio
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, manufacturing, electronics, magnetic resonance imaging, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Earnings Per Share
As for profitability, Air Products and Chemicals has a trailing twelve months EPS of $9.8.
PE Ratio
Air Products and Chemicals has a trailing twelve months price to earnings ratio of 30. Meaning, the purchaser of the share is investing $30 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 15.08%.
Volume
Today’s last reported volume for Air Products and Chemicals is 816114 which is 6.29% below its average volume of 870917.
3. Ameren (AEE)
57.55% Payout Ratio
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. In addition, the company generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. It serves residential, commercial, and industrial customers. The company was founded in 1881 and is headquartered in St. Louis, Missouri.
Earnings Per Share
As for profitability, Ameren has a trailing twelve months EPS of $4.17.
PE Ratio
Ameren has a trailing twelve months price to earnings ratio of 20.22. Meaning, the purchaser of the share is investing $20.22 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 10.56%.
Sales Growth
Ameren’s sales growth is 2.1% for the present quarter and 23.2% for the next.
Volume
Today’s last reported volume for Ameren is 754552 which is 41.98% below its average volume of 1300640.
4. Verizon (VZ)
50.54% Payout Ratio
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Verizon has a trailing twelve months EPS of $5.24.
PE Ratio
Verizon has a trailing twelve months price to earnings ratio of 6.94. Meaning, the purchaser of the share is investing $6.94 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 24.59%.
Yearly Top and Bottom Value
Verizon’s stock is valued at $36.38 at 02:23 EST, way below its 52-week high of $52.18 and above its 52-week low of $34.55.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 5, 2023, the estimated forward annual dividend rate is 2.61 and the estimated forward annual dividend yield is 7.22%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 10.7% and a negative 9.8%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Verizon’s EBITDA is 2.46.
5. HarborOne Bancorp (HONE)
31.82% Payout Ratio
HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate, commercial and industrial, commercial construction, one-to four-family residential real estate, second mortgages and equity lines of credit, residential construction, and auto and other consumer loans. The company, through HarborOne Mortgage, LLC, originates, sells, and services residential mortgage loans. It also provides a range of educational services through HarborOne U, such as classes on small business, financial literacy, and personal enrichment. As of December 31, 2020, the company operated 26 full-service branches located in Massachusetts and Rhode Island, as well as a commercial lending office in each of Boston, Massachusetts, and Providence, Rhode Island. It also operates administrative offices in Brockton, Massachusetts, as well as 5 ATM locations in Massachusetts; and maintains 39 offices in Massachusetts, Rhode Island, New Hampshire, Maine, New Jersey, and Florida. The company was founded in 1917 and is based in Brockton, Massachusetts.
Earnings Per Share
As for profitability, HarborOne Bancorp has a trailing twelve months EPS of $0.88.
PE Ratio
HarborOne Bancorp has a trailing twelve months price to earnings ratio of 9.52. Meaning, the purchaser of the share is investing $9.52 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 6.5%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 19% and a negative 46.7%, respectively.
Yearly Top and Bottom Value
HarborOne Bancorp’s stock is valued at $8.38 at 02:23 EST, way below its 52-week high of $15.56 and way higher than its 52-week low of $7.51.
Revenue Growth
Year-on-year quarterly revenue growth declined by 20.7%, now sitting on 189.86M for the twelve trailing months.
Sales Growth
HarborOne Bancorp’s sales growth is negative 12.4% for the ongoing quarter and negative 13.7% for the next.
6. FirstService Corporation (FSV)
30.16% Payout Ratio
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment provides property services through 5 franchise networks; and company-owned locations, including 19 California Closets and 11 Paul Davis Restoration locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, Interstate Restoration, FirstOnSite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, FirstService Corporation has a trailing twelve months EPS of $2.76.
PE Ratio
FirstService Corporation has a trailing twelve months price to earnings ratio of 52.41. Meaning, the purchaser of the share is investing $52.41 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 13.36%.
