(VIANEWS) – Darden Restaurants (DRI), American Water Works (AWK), MGE Energy (MGEE) are the highest payout ratio stocks on this list.
We have gathered information concerning 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 distribute them.
When researching 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. Darden Restaurants (DRI)
60.5% Payout Ratio
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brands. Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
Earnings Per Share
As for profitability, Darden Restaurants has a trailing twelve months EPS of $8.07.
PE Ratio
Darden Restaurants has a trailing twelve months price to earnings ratio of 20.71. Meaning, the purchaser of the share is investing $20.71 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 44.71%.
Sales Growth
Darden Restaurants’s sales growth for the current quarter is 9.6%.
Yearly Top and Bottom Value
Darden Restaurants’s stock is valued at $167.13 at 02:23 EST, below its 52-week high of $168.98 and way above its 52-week low of $111.78.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 6, 2023, the estimated forward annual dividend rate is 5.24 and the estimated forward annual dividend yield is 3.23%.
2. 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 $4.62.
PE Ratio
American Water Works has a trailing twelve months price to earnings ratio of 30.86. Meaning, the purchaser of the share is investing $30.86 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 9.78%.
Volume
Today’s last reported volume for American Water Works is 465796 which is 48.47% below its average volume of 904009.
3. MGE Energy (MGEE)
54.03% Payout Ratio
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of February 24, 2021, the company generated and distributed electricity to 157,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 166,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.
Earnings Per Share
As for profitability, MGE Energy has a trailing twelve months EPS of $2.98.
PE Ratio
MGE Energy has a trailing twelve months price to earnings ratio of 26.55. Meaning, the purchaser of the share is investing $26.55 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 10.03%.
4. AMERISAFE (AMSF)
43.94% Payout Ratio
AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. The company was incorporated in 1985 and is based in DeRidder, Louisiana.
Earnings Per Share
As for profitability, AMERISAFE has a trailing twelve months EPS of $2.89.
PE Ratio
AMERISAFE has a trailing twelve months price to earnings ratio of 18.1. Meaning, the purchaser of the share is investing $18.1 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 15.28%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 7.4% and a drop 1.4% for the next.
Yearly Top and Bottom Value
AMERISAFE’s stock is valued at $52.30 at 02:23 EST, way below its 52-week high of $60.49 and way above its 52-week low of $44.72.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4%, now sitting on 297.68M for the twelve trailing months.
5. First Financial Bankshares (FFIN)
41.98% Payout Ratio
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.
Earnings Per Share
As for profitability, First Financial Bankshares has a trailing twelve months EPS of $1.62.
PE Ratio
First Financial Bankshares has a trailing twelve months price to earnings ratio of 17.59. Meaning, the purchaser of the share is investing $17.59 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 16.15%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 2.56%.
Sales Growth
First Financial Bankshares’s sales growth is negative 5.1% for the present quarter and negative 4.9% for the next.
6. Progress Software Corporation (PRGS)
31.53% Payout Ratio
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Earnings Per Share
As for profitability, Progress Software Corporation has a trailing twelve months EPS of $2.21.
PE Ratio
Progress Software Corporation has a trailing twelve months price to earnings ratio of 26.29. Meaning, the purchaser of the share is investing $26.29 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 25.15%.
Volume
Today’s last reported volume for Progress Software Corporation is 1104090 which is 200.04% above its average volume of 367980.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 3% and a negative 4.5%, respectively.
Previous days news about Progress Software Corporation (PRGS)
- According to Zacks on Friday, 30 June, "Progress Software Corporation price-consensus-eps-surprise-chart | Progress Software Corporation Quote"
