(VIANEWS) – Himax Technologies (HIMX), Viper Energy Partners LP (VNOM), Petroleo Brasileiro (PBR) are the highest payout ratio stocks on this list.
We have gathered information about 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 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. Himax Technologies (HIMX)
159.85% Payout Ratio
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon micro-displays for augmented reality (AR) devices and head-up displays for automotive industry. In addition, it offers complementary metal oxide semiconductor image sensors and wafer level optics for AR devices, 3D sensing, machine vision, and ultra-low power smart sensing, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices, home appliance, and Internet of Things. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. was founded in 2001 and is headquartered in Tainan City, Taiwan.
Earnings Per Share
As for profitability, Himax Technologies has a trailing twelve months EPS of $0.78.
PE Ratio
Himax Technologies has a trailing twelve months price to earnings ratio of 9.53. Meaning, the purchaser of the share is investing $9.53 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 14.21%.
Yearly Top and Bottom Value
Himax Technologies’s stock is valued at $7.43 at 08:23 EST, way below its 52-week high of $8.70 and way above its 52-week low of $4.81.
2. Viper Energy Partners LP (VNOM)
109.33% Payout Ratio
Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2020, it had mineral interests in 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 99,392 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.
Earnings Per Share
As for profitability, Viper Energy Partners LP has a trailing twelve months EPS of $2.26.
PE Ratio
Viper Energy Partners LP has a trailing twelve months price to earnings ratio of 11.42. Meaning, the purchaser of the share is investing $11.42 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 27.13%.
Yearly Top and Bottom Value
Viper Energy Partners LP’s stock is valued at $25.80 at 08:23 EST, way below its 52-week high of $36.10 and higher than its 52-week low of $24.48.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 25.6% and a negative 65.3%, respectively.
Moving Average
Viper Energy Partners LP’s worth is below its 50-day moving average of $26.05 and way under its 200-day moving average of $29.64.
Sales Growth
Viper Energy Partners LP’s sales growth is negative 27.4% for the present quarter and negative 13% for the next.
3. Petroleo Brasileiro (PBR)
97.43% Payout Ratio
Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. In addition, the company produces biodiesel and its co-products, and ethanol; and distributes oil products. Further, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.
Earnings Per Share
As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $5.42.
PE Ratio
Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 2.68. Meaning, the purchaser of the share is investing $2.68 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 43.44%.
4. Park Electrochemical Corporation (PKE)
81.73% Payout Ratio
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market. It offers advanced composite materials, including film adhesives and lightning strike materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also offers specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was founded in 1954 and is based in Westbury, New York.
Earnings Per Share
As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.52.
PE Ratio
Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 27.13. Meaning, the purchaser of the share is investing $27.13 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 8.57%.
Moving Average
Park Electrochemical Corporation’s worth is above its 50-day moving average of $13.40 and above its 200-day moving average of $13.12.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Park Electrochemical Corporation’s EBITDA is 3.6.
5. Independent Bank Corporation (IBCP)
32.48% Payout Ratio
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $2.74.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 6.62. Meaning, the purchaser of the share is investing $6.62 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 16.14%.
Volume
Today’s last reported volume for Independent Bank Corporation is 33158 which is 61.78% below its average volume of 86772.
Sales Growth
Independent Bank Corporation’s sales growth is 5.5% for the current quarter and negative 1.8% for the next.
Yearly Top and Bottom Value
Independent Bank Corporation’s stock is valued at $18.13 at 08:23 EST, way below its 52-week high of $24.97 and way higher than its 52-week low of $14.90.
Moving Average
Independent Bank Corporation’s value is above its 50-day moving average of $17.17 and way under its 200-day moving average of $20.35.
6. Regency Energy Partners LP (RGP)
30.27% Payout Ratio
Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It also provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics. The company has a strategic alliance with Kotter International, Inc. to accelerate joint business development initiatives. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.
Earnings Per Share
As for profitability, Regency Energy Partners LP has a trailing twelve months EPS of $1.87.
PE Ratio
Regency Energy Partners LP has a trailing twelve months price to earnings ratio of 8.54. Meaning, the purchaser of the share is investing $8.54 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 16.53%.
Yearly Top and Bottom Value
Regency Energy Partners LP’s stock is valued at $15.97 at 08:23 EST, way below its 52-week high of $23.18 and way above its 52-week low of $14.03.
Sales Growth
Regency Energy Partners LP’s sales growth is negative 16.6% for the ongoing quarter and negative 12.6% for the next.
