(VIANEWS) – Manhattan Bridge Capital (LOAN), Hennessy Advisors (HNNA), Analog Devices (ADI) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up to now. 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 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. Manhattan Bridge Capital (LOAN)
107.95% Payout Ratio
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.
Earnings Per Share
As for profitability, Manhattan Bridge Capital has a trailing twelve months EPS of $0.44.
PE Ratio
Manhattan Bridge Capital has a trailing twelve months price to earnings ratio of 10.52. Meaning, the purchaser of the share is investing $10.52 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 11.87%.
Moving Average
Manhattan Bridge Capital’s worth is under its 50-day moving average of $4.91 and way under its 200-day moving average of $5.26.
2. Hennessy Advisors (HNNA)
85.94% Payout Ratio
Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.
Earnings Per Share
As for profitability, Hennessy Advisors has a trailing twelve months EPS of $0.64.
PE Ratio
Hennessy Advisors has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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 5.54%.
Yearly Top and Bottom Value
Hennessy Advisors’s stock is valued at $6.79 at 08:23 EST, way under its 52-week high of $10.15 and above its 52-week low of $6.66.
Moving Average
Hennessy Advisors’s value is under its 50-day moving average of $7.05 and way under its 200-day moving average of $7.88.
Volume
Today’s last reported volume for Hennessy Advisors is 11955 which is 12.88% above its average volume of 10590.
3. Analog Devices (ADI)
44.08% Payout Ratio
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company provides digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
Earnings Per Share
As for profitability, Analog Devices has a trailing twelve months EPS of $7.35.
PE Ratio
Analog Devices has a trailing twelve months price to earnings ratio of 24.18. Meaning, the purchaser of the share is investing $24.18 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 10.35%.
Volume
Today’s last reported volume for Analog Devices is 1206590 which is 64.62% below its average volume of 3410990.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.1%, now sitting on 12.84B for the twelve trailing months.
4. United Community Banks (UCBI)
35.57% Payout Ratio
United Community Banks, Inc. operates as a bank holding company for the United Community Bank, a state-chartered bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage and construction, consumer direct loans, and indirect auto loans, as well as home equity lines of credits. The company also offers investment products; wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; insurance products, including life insurance, long-term care insurance, and tax-deferred annuities; reinsurance on a property insurance contract; and payment processing, merchant, wire transfer, private banking, and other financial services. It serves individuals, small businesses, mid-sized commercial businesses, and non-profit organizations. The company operates through 193 locations in Georgia, North Carolina, South Carolina, Tennessee, and Florida markets. United Community Banks, Inc. was founded in 1950 and is based in Blairsville, Georgia.
Earnings Per Share
As for profitability, United Community Banks has a trailing twelve months EPS of $2.53.
PE Ratio
United Community Banks has a trailing twelve months price to earnings ratio of 10.62. Meaning, the purchaser of the share is investing $10.62 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 10.01%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 873.53M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.42%.
Sales Growth
United Community Banks’s sales growth is 11.9% for the current quarter and 9% for the next.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $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 1%.
Sales Growth
1’s sales growth is 1% for the present quarter and 1% for the next.
