(VIANEWS) – First Northwest Bancorp (FNWB), Flushing Financial Corporation (FFIC), Oxford Lane Capital Corp. (OXLC) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio up until 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. First Northwest Bancorp (FNWB)
107.69% Payout Ratio
First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. It accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit. The company also originates one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and commercial business loans, as well as consumer loans primarily consisting of automobile loans, and home-equity loans and lines of credit. It operates through ten full-service branches and a lending center in Seattle. The company was founded in 1923 and is based in Port Angeles, Washington.
Earnings Per Share
As for profitability, First Northwest Bancorp has a trailing twelve months EPS of $-0.09.
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 -0.57%.
Sales Growth
First Northwest Bancorp’s sales growth for the current quarter is negative 3.4%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 0.28 and the estimated forward annual dividend yield is 2.61%.
Yearly Top and Bottom Value
First Northwest Bancorp’s stock is valued at $10.71 at 14:23 EST, way below its 52-week high of $16.12 and higher than its 52-week low of $10.00.
2. Flushing Financial Corporation (FFIC)
92.63% Payout Ratio
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
Earnings Per Share
As for profitability, Flushing Financial Corporation has a trailing twelve months EPS of $0.95.
PE Ratio
Flushing Financial Corporation has a trailing twelve months price to earnings ratio of 13.68. Meaning, the purchaser of the share is investing $13.68 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 4.21%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.6%, now sitting on 191.5M for the twelve trailing months.
3. Oxford Lane Capital Corp. (OXLC)
84.82% Payout Ratio
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Oxford Lane Capital Corp. has a trailing twelve months EPS of $1.12.
PE Ratio
Oxford Lane Capital Corp. has a trailing twelve months price to earnings ratio of 4.8. Meaning, the purchaser of the share is investing $4.8 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 14.53%.
Sales Growth
Oxford Lane Capital Corp.’s sales growth is 12.9% for the current quarter and 12.9% for the next.
Moving Average
Oxford Lane Capital Corp.’s value is higher than its 50-day moving average of $5.10 and above its 200-day moving average of $5.07.
Volume
Today’s last reported volume for Oxford Lane Capital Corp. is 2244340 which is 4.68% above its average volume of 2143810.
4. PIMCO Municipal Income Fund III (PMX)
61.88% Payout Ratio
PIMCO Municipal Income Fund III is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in in municipal bonds that pay interest that is exempt from federal income tax. PIMCO Municipal Income Fund III was formed on October 31, 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, PIMCO Municipal Income Fund III has a trailing twelve months EPS of $0.64.
PE Ratio
PIMCO Municipal Income Fund III has a trailing twelve months price to earnings ratio of 11.64. Meaning, the purchaser of the share is investing $11.64 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 7.27%.
Volume
Today’s last reported volume for PIMCO Municipal Income Fund III is 62162 which is 41.17% below its average volume of 105677.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 5.32%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 6.6%, now sitting on 22.23M for the twelve trailing months.
5. First Financial Bancorp. (FFBC)
37.1% Payout Ratio
First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, First Financial Bancorp. has a trailing twelve months EPS of $2.48.
PE Ratio
First Financial Bancorp. has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing $9.54 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 10.71%.
Yearly Top and Bottom Value
First Financial Bancorp.’s stock is valued at $23.66 at 14:23 EST, under its 52-week high of $24.99 and way above its 52-week low of $17.23.
6. TJX Companies (TJX)
33.48% Payout Ratio
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise. It offers its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.
Earnings Per Share
As for profitability, TJX Companies has a trailing twelve months EPS of $3.86.
PE Ratio
TJX Companies has a trailing twelve months price to earnings ratio of 24.46. Meaning, the purchaser of the share is investing $24.46 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 65.48%.
Previous days news about TJX Companies (TJX)
- According to Zacks on Monday, 20 May, "The TJX Companies (TJX Quick QuoteTJX – Free Report) , an off-price retailer, currently carries a Zacks Rank #2 (Buy). ", "The TJX Companies has a trailing four-quarter earnings surprise of around 6.3%, on average."
- According to Zacks on Tuesday, 21 May, "The TJX Companies Inc.’s (TJX Quick QuoteTJX – Free Report) off-price business model, strategic store locations, impressive brands and supply-chain management are working well. ", "The TJX Companies recorded earnings surprises in the last four reported quarters, with an average beat of 6.3%. "
- The TJX companies (tjx) Q1 earnings coming up: factors to note. According to Zacks on Monday, 20 May, "The TJX Companies is experiencing positive trends in the Marmaxx segment, supported by strong performance in apparel and home goods categories. ", "Our proven model predicts an earnings beat for The TJX Companies this time around. "
- According to Zacks on Monday, 20 May, "The TJX Companies Inc.’s (TJX Quick QuoteTJX – Free Report) off-price business model, strategic store locations, impressive brands and supply-chain management are working well. ", "Zacks Rank #2 The TJX Companies has an expected revenue and earnings growth rate of 3.9% and 9%, respectively, for the current year (ending January 2025). "
- According to Zacks on Tuesday, 21 May, "Other related companies set to report this week include membership warehouse club BJ’s (BJ Quick QuoteBJ – Free Report) , department store chain Macy’s (M Quick QuoteM – Free Report) , and off-price retailers TJX Companies (TJX Quick QuoteTJX – Free Report) and Ross Stores (ROST Quick QuoteROST – Free Report) . "
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 ongoing quarter and 1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA 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).
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
