(VIANEWS) – Jerash Holdings (JRSH), Lamar Advertising Company (LAMR), Pangaea Logistics Solutions Ltd. (PANL) are the highest payout ratio stocks on this list.
We have gathered information about stocks with the highest payout ratio so far. 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. Jerash Holdings (JRSH)
222.22% Payout Ratio
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey.
Earnings Per Share
As for profitability, Jerash Holdings has a trailing twelve months EPS of $-0.16.
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 -3.08%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 6.69%.
Yearly Top and Bottom Value
Jerash Holdings’s stock is valued at $2.98 at 08:23 EST, way under its 52-week high of $3.97 and above its 52-week low of $2.77.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 100% and 166.7%, respectively.
2. Lamar Advertising Company (LAMR)
103.7% Payout Ratio
Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. The company was founded in 1902 and is based in Baton Rouge, Louisiana.
Earnings Per Share
As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.87.
PE Ratio
Lamar Advertising Company has a trailing twelve months price to earnings ratio of 24.34. Meaning, the purchaser of the share is investing $24.34 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 42.58%.
Moving Average
Lamar Advertising Company’s worth is above its 50-day moving average of $117.74 and way above its 200-day moving average of $106.19.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 7.8% and 5.8%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 2.14B for the twelve trailing months.
3. Pangaea Logistics Solutions Ltd. (PANL)
53.33% Payout Ratio
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
Earnings Per Share
As for profitability, Pangaea Logistics Solutions Ltd. has a trailing twelve months EPS of $0.75.
PE Ratio
Pangaea Logistics Solutions Ltd. has a trailing twelve months price to earnings ratio of 9.84. Meaning, the purchaser of the share is investing $9.84 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 10.31%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 30, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 5.42%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.9%, now sitting on 490.32M for the twelve trailing months.
4. First Busey Corporation (BUSE)
48.24% Payout Ratio
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.
Earnings Per Share
As for profitability, First Busey Corporation has a trailing twelve months EPS of $1.99.
PE Ratio
First Busey Corporation has a trailing twelve months price to earnings ratio of 11.83. Meaning, the purchaser of the share is investing $11.83 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 9.03%.
Volume
Today’s last reported volume for First Busey Corporation is 142633 which is 21.82% below its average volume of 182458.
5. Lear Corporation (LEA)
33.59% Payout Ratio
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, South America, and internationally. Its Seating segment offers leather and fabric products, seat covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles. The company's E-Systems segment offers electrical distribution systems that route electrical signals and networks, and manage electrical power within the vehicle for various powertrains, such as traditional internal combustion engine architectures, hybrid, plug-in hybrid, and battery electric architectures. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless receiver and transmitter technology, lighting control modules, audio domain controllers, amplifiers, and communication modules. It also provides electrification products comprising charging systems that include onboard charging modules and cord set charging equipment; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Xevo Journeyware, a platform for the cloud, vehicles, and mobile devices; and connectivity products. The company was founded in 1917 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Lear Corporation has a trailing twelve months EPS of $9.17.
PE Ratio
Lear Corporation has a trailing twelve months price to earnings ratio of 12.89. Meaning, the purchaser of the share is investing $12.89 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 12.17%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 23.62B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 6, 2024, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 2.61%.
Yearly Top and Bottom Value
Lear Corporation’s stock is valued at $118.19 at 08:23 EST, way below its 52-week high of $157.90 and above its 52-week low of $112.26.
6. Maximus (MMS)
30.45% Payout Ratio
Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments. This segment also provides employment services, such as eligibility support, case management, job-readiness preparation, job search and employer outreach, job retention and career advancement, and educational and training services; technology solutions; system implementation project management services; and specialized consulting services. The U.S. Federal Services segment offers BPS, eligibility and enrollment, outreach, and other services for federal health and human services programs; clinical services; and technology solutions, including application development and modernization services, enterprise business solutions, advanced analytics and emerging technologies, cybersecurity services, and infrastructure and engineering solutions. The Outside the U.S. segment offers BPS solutions for international governments and commercial clients, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. The company was incorporated in 1975 and is based in Tysons, Virginia.
Earnings Per Share
As for profitability, Maximus has a trailing twelve months EPS of $3.81.
PE Ratio
Maximus has a trailing twelve months price to earnings ratio of 23.66. Meaning, the purchaser of the share is investing $23.66 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 13.84%.
Yearly Top and Bottom Value
Maximus’s stock is valued at $90.14 at 08:23 EST, below its 52-week high of $92.68 and way higher than its 52-week low of $72.39.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 5.12B for the twelve trailing months.
Moving Average
Maximus’s value is higher than its 50-day moving average of $86.66 and above its 200-day moving average of $82.82.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 168% and 20.8%, respectively.
Previous days news about Maximus (MMS)
- Maximus (mms) surges 11% in 3 months: should you buy the stock?. According to Zacks on Monday, 22 July, "With more than 40 years of experience, Maximus has grown to be a leading operator of government health and human services programs globally. ", "Commitment to shareholder returns makes Maximus a reliable way for investors to compound wealth over the long term. "
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.
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).
