(VIANEWS) – Deutsche Municiple Income Trust (KTF), National Bankshares (NKSH), ADT Corporation (ADT) are the highest payout ratio stocks on this list.
We have congregated information about 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. Deutsche Municiple Income Trust (KTF)
110.77% Payout Ratio
Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. It seeks to invest in securities that are rated Baa or BBB or better by Moody's or S&P. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Municipal Income Trust. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Deutsche Municiple Income Trust has a trailing twelve months EPS of $0.35.
PE Ratio
Deutsche Municiple Income Trust has a trailing twelve months price to earnings ratio of 28.5. Meaning, the purchaser of the share is investing $28.5 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 3.59%.
Volume
Today’s last reported volume for Deutsche Municiple Income Trust is 98879 which is 38.39% below its average volume of 160512.
2. National Bankshares (NKSH)
98.05% Payout Ratio
National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. It operates 25 full-service offices, a loan production office, and 24 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.
Earnings Per Share
As for profitability, National Bankshares has a trailing twelve months EPS of $1.54.
PE Ratio
National Bankshares has a trailing twelve months price to earnings ratio of 18.57. Meaning, the purchaser of the share is investing $18.57 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 6.58%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 24, 2024, the estimated forward annual dividend rate is 1.46 and the estimated forward annual dividend yield is 5.13%.
3. ADT Corporation (ADT)
69.23% Payout Ratio
ADT Inc. provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation. It also provides interactive solutions that allow customers to use their smart phones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, view real-time video of their premises, and program customizable schedules for the management of a range of smart home products. In addition, the company offers professional monitoring of third-party devices by enabling other companies to integrate solutions into its monitoring and billing platform. It provides its products under the ADT, ADT Pulse, Protection 1, ADT Commercial, and Blue by ADT names. As of December 31, 2019, ADT Inc. operated through a network of approximately 200 sales and service offices, 9 underwriter laboratories listed monitoring centers, 13 customer and field support locations, two national sales call centers, and two regional distribution centers. The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.16%.
Sales Growth
ADT Corporation’s sales growth for the next quarter is 1.7%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 5.08B for the twelve trailing months.
4. Brookline Bancorp (BRKL)
62.79% Payout Ratio
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Brookline Bancorp has a trailing twelve months EPS of $0.86.
PE Ratio
Brookline Bancorp has a trailing twelve months price to earnings ratio of 11.48. Meaning, the purchaser of the share is investing $11.48 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 6.49%.
Volume
Today’s last reported volume for Brookline Bancorp is 408145 which is 30.95% below its average volume of 591100.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 23.1% and a negative 19.2%, respectively.
5. Sandridge Energy (SD)
38.53% Payout Ratio
SandRidge Energy, Inc. engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.
Earnings Per Share
As for profitability, Sandridge Energy has a trailing twelve months EPS of $1.09.
PE Ratio
Sandridge Energy has a trailing twelve months price to earnings ratio of 11.29. Meaning, the purchaser of the share is investing $11.29 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 9.18%.
Moving Average
Sandridge Energy’s value is below its 50-day moving average of $12.62 and below its 200-day moving average of $13.39.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 16, 2024, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 3.57%.
6. Erie Indemnity Company (ERIE)
36.85% Payout Ratio
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
Earnings Per Share
As for profitability, Erie Indemnity Company has a trailing twelve months EPS of $10.15.
PE Ratio
Erie Indemnity Company has a trailing twelve months price to earnings ratio of 53.48. Meaning, the purchaser of the share is investing $53.48 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 31.44%.
Yearly Top and Bottom Value
Erie Indemnity Company’s stock is valued at $542.86 at 14:23 EST, under its 52-week high of $547.00 and way above its 52-week low of $270.36.
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%.
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).
