(VIANEWS) – American Tower (AMT), Trustmark Corporation (TRMK), American Water Works (AWK) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. 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. American Tower (AMT)
149.66% Payout Ratio
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 226,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
Earnings Per Share
As for profitability, American Tower has a trailing twelve months EPS of $2.97.
PE Ratio
American Tower has a trailing twelve months price to earnings ratio of 63.34. Meaning, the purchaser of the share is investing $63.34 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 12.18%.
Previous days news about American Tower (AMT)
- According to Zacks on Tuesday, 27 June, "Most of the fund’s holdings were in companies like American Tower Corporation (7.7%), Prologis, Inc. (6.9%), and Equinix, Inc. (6.2%) as of Dec 31, 2022.TRREX’s 3-year and 5-year annualized returns are 7.3% and 2%, respectively. "
2. Trustmark Corporation (TRMK)
60.53% Payout Ratio
Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; and treasury management services. In addition, the company provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management. Further, it offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. As of December 31, 2020, the company operated 174 full-service branches and 12 limited service branches; and 230 automated teller machines and 34 interactive teller machines. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
Earnings Per Share
As for profitability, Trustmark Corporation has a trailing twelve months EPS of $1.52.
PE Ratio
Trustmark Corporation has a trailing twelve months price to earnings ratio of 14.76. Meaning, the purchaser of the share is investing $14.76 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 5.82%.
Previous days news about Trustmark Corporation (TRMK)
- According to Zacks on Tuesday, 27 June, "A couple of other top-ranked stocks from the same space are Trustmark Corporation (TRMK Quick QuoteTRMK – Free Report) and Home Bancorp, Inc. (HBCP Quick QuoteHBCP – Free Report) . "
3. American Water Works (AWK)
57.58% Payout Ratio
American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,600 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on various military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 490 groundwater treatment plants; 175 wastewater treatment plants; 53,500 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 73 dams. It serves approximately 14 million people with drinking water, wastewater, and other related services in 24 states. The company was founded in 1886 and is headquartered in Camden, New Jersey.
Earnings Per Share
As for profitability, American Water Works has a trailing twelve months EPS of $4.55.
PE Ratio
American Water Works has a trailing twelve months price to earnings ratio of 31.44. Meaning, the purchaser of the share is investing $31.44 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 9.78%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 6.7% and 1.2%, respectively.
Previous days news about American Water Works (AWK)
- According to Zacks on Tuesday, 27 June, "Looking at individual holdings, Constellation Energy Corp (CEG Quick QuoteCEG – Free Report) accounts for about 3.69% of total assets, followed by American Water Works Co Inc (AWK Quick QuoteAWK – Free Report) and Southern Co/the (SO Quick QuoteSO – Free Report) ."
4. First Merchants Corporation (FRME)
32.24% Payout Ratio
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Earnings Per Share
As for profitability, First Merchants Corporation has a trailing twelve months EPS of $3.97.
PE Ratio
First Merchants Corporation has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing $7.17 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 12.09%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 65.1% and a drop 5.6% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 31.9%, now sitting on 652.33M for the twelve trailing months.
Yearly Top and Bottom Value
First Merchants Corporation’s stock is valued at $28.46 at 20:24 EST, way below its 52-week high of $45.04 and way above its 52-week low of $24.52.
