First Guaranty Bancshares And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Diana Shipping (DSX), First Guaranty Bancshares (FGBI), Taitron Components Incorporated (TAIT) are the highest payout ratio stocks on this list.

We have collected information regarding stocks with the highest payout ratio up until now. 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. Diana Shipping (DSX)

250% Payout Ratio

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of December 3, 2021, it operated a fleet of 33 dry bulk vessels, including 4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

Earnings Per Share

As for profitability, Diana Shipping has a trailing twelve months EPS of $0.21.

PE Ratio

Diana Shipping has a trailing twelve months price to earnings ratio of 13.38. Meaning, the purchaser of the share is investing $13.38 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 5.91%.

2. First Guaranty Bancshares (FGBI)

130.61% Payout Ratio

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. The company operates through 34 banking facilities primarily located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Lake Charles, Alexandria, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

Earnings Per Share

As for profitability, First Guaranty Bancshares has a trailing twelve months EPS of $0.49.

PE Ratio

First Guaranty Bancshares has a trailing twelve months price to earnings ratio of 18.45. Meaning, the purchaser of the share is investing $18.45 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 3.37%.

Moving Average

First Guaranty Bancshares’s value is way below its 50-day moving average of $10.16 and way below its 200-day moving average of $10.63.

3. Taitron Components Incorporated (TAIT)

74.07% Payout Ratio

Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also provides value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects. It serves other electronic distributors, CEMs, and OEMs in the United States, South Korea, China, Taiwan, and internationally. The company has strategic alliances with Teamforce Co. Ltd.; Grand Shine Management Limited; and Zowie Technology Corporation. Taitron Components Incorporated was incorporated in 1989 and is headquartered in Valencia, California.

Earnings Per Share

As for profitability, Taitron Components Incorporated has a trailing twelve months EPS of $0.27.

PE Ratio

Taitron Components Incorporated has a trailing twelve months price to earnings ratio of 10.63. Meaning, the purchaser of the share is investing $10.63 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 9.7%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 53.8%, now sitting on 4.99M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 6.97%.

Yearly Top and Bottom Value

Taitron Components Incorporated’s stock is valued at $2.87 at 02:23 EST, way below its 52-week high of $4.16 and way higher than its 52-week low of $2.57.

4. Farmers National Banc Corp. (FMNB)

50.37% Payout Ratio

Farmers National Banc Corp., a financial holding company, operates in the banking, trust, retirement consulting, insurance, and financial management industries. It offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. The company also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. It operates through 47 locations in northeastern region of Ohio and one location in southwestern Pennsylvania. The company was founded in 1887 and is based in Canfield, Ohio.

Earnings Per Share

As for profitability, Farmers National Banc Corp. has a trailing twelve months EPS of $1.35.

PE Ratio

Farmers National Banc Corp. has a trailing twelve months price to earnings ratio of 11.9. Meaning, the purchaser of the share is investing $11.9 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 13.33%.

Volume

Today’s last reported volume for Farmers National Banc Corp. is 127947 which is 33.51% above its average volume of 95830.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 15% and a negative 19.5%, respectively.

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.

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).

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.

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