(VIANEWS) – Royce Value Trust (RVT), Sumitomo Mitsui (SMFG), Huntington Bancshares (HBAN) 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 promise of a future 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 is a list of some companies with an above 30% payout ratio.
1. Royce Value Trust (RVT)
90.4% Payout Ratio
Royce Value Trust Inc. is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies. The fund benchmarks the performance of its portfolio against the Russell 2000 Index. Royce Value Trust Inc. was formed on July 1, 1986 and is domiciled in the United States.
Earnings Per Share
As for profitability, Royce Value Trust has a trailing twelve months EPS of $1.25.
PE Ratio
Royce Value Trust has a trailing twelve months price to earnings ratio of 10.26. Meaning, the purchaser of the share is investing $10.26 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 14.68%.
Volume
Today’s last reported volume for Royce Value Trust is 310931 which is 53.29% above its average volume of 202830.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 1.07 and the estimated forward annual dividend yield is 8.34%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.5%, now sitting on 22.94M for the twelve trailing months.
Moving Average
Royce Value Trust’s value is below its 50-day moving average of $13.78 and under its 200-day moving average of $13.65.
2. Sumitomo Mitsui (SMFG)
40.18% Payout Ratio
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments. The company was incorporated in 2002 and is headquartered in Tokyo, Japan.
Earnings Per Share
As for profitability, Sumitomo Mitsui has a trailing twelve months EPS of $0.8.
PE Ratio
Sumitomo Mitsui has a trailing twelve months price to earnings ratio of 12.62. Meaning, the purchaser of the share is investing $12.62 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 7.2%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 0.34 and the estimated forward annual dividend yield is 3.44%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 3.61T for the twelve trailing months.
3. Huntington Bancshares (HBAN)
40% Payout Ratio
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Earnings Per Share
As for profitability, Huntington Bancshares has a trailing twelve months EPS of $1.55.
PE Ratio
Huntington Bancshares has a trailing twelve months price to earnings ratio of 6.71. Meaning, the purchaser of the share is investing $6.71 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 13.13%.
Yearly Top and Bottom Value
Huntington Bancshares’s stock is valued at $10.40 at 08:23 EST, way below its 52-week high of $15.74 and way above its 52-week low of $9.13.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 14, 2023, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 5.97%.
Volume
Today’s last reported volume for Huntington Bancshares is 3800030 which is 68.94% below its average volume of 12236400.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 15.4% and a negative 26.2%, respectively.
4. Hope Bancorp (HOPE)
36.84% Payout Ratio
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.52.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 6.06. Meaning, the purchaser of the share is investing $6.06 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 8.98%.
5. First Savings Financial Group (FSFG)
32.93% Payout Ratio
First Savings Financial Group, Inc. operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits. The company also provides loans, including one-to four-family residential real estate, commercial real estate, construction, land and land development, multi-family real estate, and commercial business loans, as well as consumer loans, such as automobile loans, home equity lines of credit, unsecured loans, and loans secured by deposits. In addition, it is involved in the mortgage banking; investment activities; and the provision of property and casualty insurance products, and reinsurance to other third-party insurance captives. The company operates 15 branches. First Savings Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville, Indiana.
Earnings Per Share
As for profitability, First Savings Financial Group has a trailing twelve months EPS of $1.64.
PE Ratio
First Savings Financial Group has a trailing twelve months price to earnings ratio of 9.73. Meaning, the purchaser of the share is investing $9.73 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 6.18%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 8.6% and 7.3%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.47%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 14.9%, now sitting on 84.83M for the twelve trailing months.
Sales Growth
First Savings Financial Group’s sales growth for the current quarter is negative 8%.
6. Ashland (ASH)
32.18% Payout Ratio
Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions. The Personal Care & Household segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates and Solvents segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. Ashland Global Holdings Inc. offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Inc. and changed its name to Ashland Global Holdings Inc. in September 2016. Ashland Global Holdings Inc. was founded in 1924 and is based in Wilmington, Delaware.
Earnings Per Share
As for profitability, Ashland has a trailing twelve months EPS of $4.32.
PE Ratio
Ashland has a trailing twelve months price to earnings ratio of 19.3. Meaning, the purchaser of the share is investing $19.3 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 7.36%.
Yearly Top and Bottom Value
Ashland’s stock is valued at $83.36 at 08:23 EST, way under its 52-week high of $114.36 and above its 52-week low of $79.42.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.2%, now sitting on 2.31B for the twelve trailing months.
Sales Growth
Ashland’s sales growth for the current quarter is negative 14.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Ashland’s EBITDA is 2.31.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1% and 1%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
