(VIANEWS) – Donegal Group (DGICB), Spok Holdings (SPOK), Invesco Senior Income Trust (VVR) 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 guarantee 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 researching 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. Donegal Group (DGICB)
381.25% Payout Ratio
Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, and Commercial Lines of Insurance. The company offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles. It also offers homeowners policies, which provide coverage for damage to residences and their contents from a range of perils, including fire, lightning, windstorm, and theft; and liability of the insured arising from injury to other persons or their property. In addition, the company offers commercial automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents and protection against loss from damage to automobiles owned by the insured; commercial multi-peril policies that provide protection to businesses against various perils, primarily combining liability and physical damage coverages; and workers' compensation policies, which provide benefits to employees for injuries sustained during employment. The company markets its insurance products through a network of approximately 2,400 independent insurance agencies. Donegal Group Inc. was founded in 1986 and is headquartered in Marietta, Pennsylvania.
Earnings Per Share
As for profitability, Donegal Group has a trailing twelve months EPS of $0.16.
PE Ratio
Donegal Group has a trailing twelve months price to earnings ratio of 68.12. Meaning, the purchaser of the share is investing $68.12 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 1.06%.
Yearly Top and Bottom Value
Donegal Group’s stock is valued at $10.90 at 14:23 EST, way below its 52-week high of $16.00 and above its 52-week low of $10.75.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.3%, now sitting on 943.73M for the twelve trailing months.
Volume
Today’s last reported volume for Donegal Group is 94 which is 91.38% below its average volume of 1091.
Moving Average
Donegal Group’s worth is way below its 50-day moving average of $12.21 and way below its 200-day moving average of $13.46.
2. Spok Holdings (SPOK)
150.6% Payout Ratio
Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. It offers Spok Healthcare Console that helps operators perform directory searches and code calls, as well as messaging and paging; Spok Web-Based Directory that enables staff to send messages from the directory; Spok Web-Based On-Call Scheduling, which keeps personnel, calendars, and on-call scheduling information updated; Spok Speech to process routine phone requests, including transfers, directory assistance, messaging, and paging; and Spok Call Recording and Quality Management, which records, monitors, and scores operators' conversations. The company also provides Spok Mobile for secure code alerts, patient updates, results, consult requests, and other services; Spok Device Preference Engine, which facilitates voice conversations among doctors and caregivers; Spok pc/psap that integrates the phone system, mapping systems, and other resources to speed emergency dispatch; and Spok Enterprise Alert, which directs emergency personnel to caller's location. In addition, it sells devices to resellers who lease or resell them to their subscribers; and ancillary services, such as voicemail and equipment loss or maintenance protection, as well as provides a suite of professional services, and software license updates and product support services. The company serves businesses, professionals, management personnel, medical personnel, field sales personnel and service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies. The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014. Spok Holdings, Inc. was incorporated in 2004 and is headquartered in Springfield, Virginia.
Earnings Per Share
As for profitability, Spok Holdings has a trailing twelve months EPS of $0.83.
PE Ratio
Spok Holdings has a trailing twelve months price to earnings ratio of 19.04. Meaning, the purchaser of the share is investing $19.04 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 10.22%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 36.7% and a negative 27.6%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.2%, now sitting on 140.75M for the twelve trailing months.
Sales Growth
Spok Holdings’s sales growth for the next quarter is negative 0.6%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 23, 2024, the estimated forward annual dividend rate is 1.25 and the estimated forward annual dividend yield is 7.91%.
3. Invesco Senior Income Trust (VVR)
106.96% Payout Ratio
Invesco Senior Income Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. It is co-managed by Invesco Advisers, Inc., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Limited, Invesco Australia Limited, Invesco Hong Kong Limited, Invesco Senior Secured Management, Inc., and Invesco Canada Ltd. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of interests in floating or variable rate senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographical regions. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. The fund was formerly known as Invesco Van Kampen Senior Income Trust and Van Kampen Senior Income Trust. Invesco Senior Income Trust was formed on June 23, 1998 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Senior Income Trust has a trailing twelve months EPS of $0.46.
PE Ratio
Invesco Senior Income Trust has a trailing twelve months price to earnings ratio of 9.37. Meaning, the purchaser of the share is investing $9.37 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 11.2%.
4. 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 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 10.71%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 4.23%.
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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 1% and 1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1%, now sitting on 1 for the twelve trailing months.
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).
