(VIANEWS) – Redwood Trust (RWT), BRT Realty Trust (BRT), STERIS (STE) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio at the moment. 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 issue 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. Redwood Trust (RWT)
230.77% Payout Ratio
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
Earnings Per Share
As for profitability, Redwood Trust has a trailing twelve months EPS of $-0.81.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.3%.
Volume
Today’s last reported volume for Redwood Trust is 667969 which is 48.73% below its average volume of 1303020.
Moving Average
Redwood Trust’s value is below its 50-day moving average of $7.36 and below its 200-day moving average of $7.02.
Yearly Top and Bottom Value
Redwood Trust’s stock is valued at $6.84 at 16:23 EST, way below its 52-week high of $8.72 and way higher than its 52-week low of $5.47.
2. BRT Realty Trust (BRT)
200% Payout Ratio
BRT is a real estate investment trust that owns, operates and develops multi-family properties.
Earnings Per Share
As for profitability, BRT Realty Trust has a trailing twelve months EPS of $0.5.
PE Ratio
BRT Realty Trust has a trailing twelve months price to earnings ratio of 33.36. Meaning, the purchaser of the share is investing $33.36 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 4.08%.
Sales Growth
BRT Realty Trust’s sales growth is 25.3% for the present quarter and 5.4% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 1, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 6.02%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 29.6%, now sitting on 55.13M for the twelve trailing months.
3. STERIS (STE)
155.37% Payout Ratio
STERIS plc provides infection prevention products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in the operating room, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The Applied Sterilization Technologies segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of approximately 50 contract sterilization and laboratory facilities. The Life Sciences segment designs, manufactures and sells consumable products, such as formulated cleaning chemistries, barrier, sterility assurance products, steam and vaporized hydrogen peroxide sterilizers, and washer disinfectors. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. The Dental segment provides hand and electric-powered dental instruments, infection control products, conscious sedation, personal protective equipment, and water quality products for dental suite. The company serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, STERIS has a trailing twelve months EPS of $1.21.
PE Ratio
STERIS has a trailing twelve months price to earnings ratio of 179.55. Meaning, the purchaser of the share is investing $179.55 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 1.89%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 4, 2023, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 0.99%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1% and 9.4%, respectively.
Moving Average
STERIS’s worth is under its 50-day moving average of $223.23 and higher than its 200-day moving average of $208.41.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 5.09B for the twelve trailing months.
4. Bank of South Carolina Corp. (BKSC)
58.62% Payout Ratio
Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. The company offers secured and unsecured commercial loans, commercial real estate construction loans, consumer construction loans, home equity lines of credit, and mortgage originations, as well as paycheck protection program loans. It operates five banking house locations. The company was founded in 1986 and is headquartered in Charleston, South Carolina.
Earnings Per Share
As for profitability, Bank of South Carolina Corp. has a trailing twelve months EPS of $1.16.
PE Ratio
Bank of South Carolina Corp. has a trailing twelve months price to earnings ratio of 9.83. Meaning, the purchaser of the share is investing $9.83 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8%, now sitting on 20.68M for the twelve trailing months.
Volume
Today’s last reported volume for Bank of South Carolina Corp. is 14383 which is 20.4% below its average volume of 18070.
5. Jack Henry & Associates (JKHY)
40.24% Payout Ratio
Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. The company's Jack Henry Banking business brand offers SilverLake, a robust primarily designed for commercial-focused banks; CIF 20/20, a parameter-driven, easy-to-use system for banks; and Core Director, a cost-efficient system with point-and-click operation. Its Symitar business brand provides Episys, a robust designed for credit unions; and CruiseNet, a cost-efficient system designed primarily for credit unions. In addition, the company offers electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; and provides implementation, training, and support services. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Earnings Per Share
As for profitability, Jack Henry & Associates has a trailing twelve months EPS of $5.02.
PE Ratio
Jack Henry & Associates has a trailing twelve months price to earnings ratio of 28.85. Meaning, the purchaser of the share is investing $28.85 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 24.52%.
Moving Average
Jack Henry & Associates’s value is below its 50-day moving average of $149.28 and under its 200-day moving average of $158.37.
Sales Growth
Jack Henry & Associates’s sales growth for the current quarter is 6.6%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 9.6% and positive 5.5% 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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Volatility
1’s last week, last month’s, and last quarter’s current intraday variation average was 1.00%, 1.00%, and 1.00%.
1’s highest amplitude of average volatility was 1.00% (last week), 1.00% (last month), and 1.00% (last quarter).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
