(VIANEWS) – Chatham Lodging Trust (CLDT), Escalade (ESCA), Shenandoah Telecommunications Co (SHEN) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn’t a guarantee 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. Chatham Lodging Trust (CLDT)
933.33% Payout Ratio
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. At September, 30, 2020, The company owns interests in 86 hotels totaling 12,040 rooms/suites, comprised of 40 properties it wholly owns with an aggregate of 6,092 rooms/suites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 rooms/suites.
Earnings Per Share
As for profitability, Chatham Lodging Trust has a trailing twelve months EPS of $-0.11.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.31%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 3.01%.
Sales Growth
Chatham Lodging Trust’s sales growth is 0.8% for the current quarter and 2.3% for the next.
Moving Average
Chatham Lodging Trust’s worth is below its 50-day moving average of $10.08 and below its 200-day moving average of $9.96.
2. Escalade (ESCA)
84.51% Payout Ratio
Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products. It offers archery products under the Bear Archery, Trophy Ridge, Whisker Biscuit, Cajun Bowfishing, Karnage, Fletcher, SIK, BearX, and Rocket brand names; table tennis products under the STIGA and Ping-Pong brands; basketball goals under the Goalrilla, Goaliath, Silverback, Hoopstar, and Goalsetter brand names; and pickleball under the Onix, DURA, and Pickleball Now brands. The company also provides play systems under the Woodplay, Jack & June, and Childlife brands; fitness products under the STEP, Lifeline, Kettleworx, Natural Fitness, and PER4M brand names; safety products under the USWeight brand; hockey and soccer game tables under the Triumph Sports, Atomic, American Legend, Air Hockey, and HJ Scott brands; and billiard tables and accessories under the American Heritage Billiards, Brunswick Billiards, Gold Crown, Centennial, Cue&Case, Lucasi, Mizerak, PureX, Rage, Players, Minnesota Fats, and Mosconi brand names. In addition, it offers darting products under the Unicorn, Winmau, Arachnid, Accudart, and Nodor brands; water sports products under the RAVE Sports brand; and outdoor game products under the Victory Tailgate, Triumph Sports, Zume Games, and Viva Sol brand names. The company provides its products through sporting goods retailers, specialty dealers, online retailers, traditional department stores, and mass merchants. Escalade, Incorporated was founded in 1922 and is headquartered in Evansville, Indiana.
Earnings Per Share
As for profitability, Escalade has a trailing twelve months EPS of $0.71.
PE Ratio
Escalade has a trailing twelve months price to earnings ratio of 19.25. Meaning, the purchaser of the share is investing $19.25 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 7.82%.
Moving Average
Escalade’s value is below its 50-day moving average of $13.94 and way under its 200-day moving average of $16.24.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.7%, now sitting on 263.94M for the twelve trailing months.
Yearly Top and Bottom Value
Escalade’s stock is valued at $13.67 at 14:23 EST, way below its 52-week high of $22.01 and way higher than its 52-week low of $11.42.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 8, 2024, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.39%.
3. Shenandoah Telecommunications Co (SHEN)
56.25% Payout Ratio
Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment leases fiber and provides Ethernet and wavelength fiber optic services. In addition, the company offers voice and digital subscriber line telephone services. The company's Tower segment owns 220 cell towers and leases colocation space on the towers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.
Earnings Per Share
As for profitability, Shenandoah Telecommunications Co has a trailing twelve months EPS of $0.16.
PE Ratio
Shenandoah Telecommunications Co has a trailing twelve months price to earnings ratio of 80.12. Meaning, the purchaser of the share is investing $80.12 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 1.25%.
Volume
Today’s last reported volume for Shenandoah Telecommunications Co is 244934 which is 55.06% above its average volume of 157955.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 150% and a negative 100%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 6, 2023, the estimated forward annual dividend rate is 0.09 and the estimated forward annual dividend yield is 0.7%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 287.38M for the twelve trailing months.
4. OceanFirst Financial Corp. (OCFC)
46.78% Payout Ratio
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.71.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 8.77. Meaning, the purchaser of the share is investing $8.77 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 6.4%.
Volume
Today’s last reported volume for OceanFirst Financial Corp. is 168932 which is 51.46% below its average volume of 348072.
5. Morningstar (MORN)
31.45% Payout Ratio
Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. The company offers web-based tools; investment data, fundamental equity and manager research, private capital markets research, credit and fund rating, and index, as well as environmental, social, and governance (ESG) rating services; and investment offerings, including managed investment products, publicly listed and private companies, fixed income securities, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors. It also provides Morningstar Data, an investment data spanning various databases, including equity fundamentals, managed investments, ESG factors, and market data; Morningstar Direct, an investment-analysis platform; Morningstar Managed Portfolios, an advisor service consisting of model portfolio that offers services for independent financial advisors, as well as offers asset allocation services for asset managers, broker/dealers, and insurance providers; Morningstar Advisor Workstation, a web-based research, financial planning, and proposal generation platform; and Morningstar.com, a website for individual investors. In addition, the company offers Morningstar Enterprise Components; Morningstar Credit Ratings that provides issuance and surveillance services for structured finance products and instruments; corporate credit estimates and operational risk assessment rankings; Morningstar Indexes for creating investment products; Morningstar workplace solutions, such as retirement accounts, fiduciary services, allocation funds, and custom models; and PitchBook Platform, research and analysis workstation for investment and research professionals. Further, its PitchBook provides a mobile application, excel plug-in, data feeds, and data solutions. The company was incorporated in 1984 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Morningstar has a trailing twelve months EPS of $4.95.
PE Ratio
Morningstar has a trailing twelve months price to earnings ratio of 57.34. Meaning, the purchaser of the share is investing $57.34 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 16.45%.
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%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
