(VIANEWS) – Auburn National Bancorporation (AUBN), Western Asset/Claymore Inflation (WIW), Dreyfus Strategic Municipals (LEO) are the highest payout ratio stocks on this list.
We have congregated information concerning stocks with the highest payout ratio up until now. 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 investigating 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. Auburn National Bancorporation (AUBN)
600% Payout Ratio
Auburn National Bancorporation, Inc. operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company's deposit products include checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services. In addition, the company offers automated teller services; debit cards; online banking, bill payment, and other electronic services; and safe deposit boxes. It operates through seven full-service branches in Auburn, Opelika, Notasulga, and Valley, Alabama; as well as loan production offices in Auburn and Phenix City, Alabama. Auburn National Bancorporation, Inc. was founded in 1907 and is headquartered in Auburn, Alabama.
Earnings Per Share
As for profitability, Auburn National Bancorporation has a trailing twelve months EPS of $0.18.
PE Ratio
Auburn National Bancorporation has a trailing twelve months price to earnings ratio of 123.53. Meaning, the purchaser of the share is investing $123.53 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 0.83%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 10, 2024, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 4.97%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.9%, now sitting on 22.22M for the twelve trailing months.
2. Western Asset/Claymore Inflation (WIW)
213.53% Payout Ratio
Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets across the globe. It primarily invests in investment grade inflation-linked securities with an average effective duration of between zero and 15 years. The fund benchmarks the performance of its portfolio against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and the Barclays U.S. Government Inflation-Linked All Maturities Index. Western Asset/Claymore Inflation-Linked Opportunities & Income Fund was formed on February 24, 2004 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset/Claymore Inflation has a trailing twelve months EPS of $0.34.
PE Ratio
Western Asset/Claymore Inflation has a trailing twelve months price to earnings ratio of 25.97. Meaning, the purchaser of the share is investing $25.97 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 3.34%.
Moving Average
Western Asset/Claymore Inflation’s worth is above its 50-day moving average of $8.64 and above its 200-day moving average of $8.59.
3. Dreyfus Strategic Municipals (LEO)
74.16% Payout Ratio
BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, Dreyfus Strategic Municipals has a trailing twelve months EPS of $0.32.
PE Ratio
Dreyfus Strategic Municipals has a trailing twelve months price to earnings ratio of 20.64. Meaning, the purchaser of the share is investing $20.64 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 negative -6.31%.
4. OGE Energy Corporation (OGE)
61.5% Payout Ratio
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.28%.
5. Provident Financial Holdings (PROV)
52.83% Payout Ratio
Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. Its deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans. The company also offers investment services comprising the sale of investment products, such as annuities and mutual funds; and trustee services for real estate transactions. It operates through 12 full-service banking offices in Riverside County and one full-service banking office in San Bernardino County. The company was founded in 1956 and is based in Riverside, California.
Earnings Per Share
As for profitability, Provident Financial Holdings has a trailing twelve months EPS of $1.06.
PE Ratio
Provident Financial Holdings has a trailing twelve months price to earnings ratio of 13.69. Meaning, the purchaser of the share is investing $13.69 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 5.66%.
Sales Growth
Provident Financial Holdings’s sales growth for the current quarter is negative 4.2%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 4% and a negative 9.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.7%, now sitting on 38.93M for the twelve trailing months.
Moving Average
Provident Financial Holdings’s worth is above its 50-day moving average of $13.87 and higher than its 200-day moving average of $13.43.
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%.
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.
