Flowers Foods And 3 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Flowers Foods (FLO), TCG BDC (CGBD), Forward Air Corporation (FWRD) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio so far. The payout ratio in itself isn’t a promise 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. Flowers Foods (FLO)

152.46% Payout Ratio

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

Earnings Per Share

As for profitability, Flowers Foods has a trailing twelve months EPS of $0.61.

PE Ratio

Flowers Foods has a trailing twelve months price to earnings ratio of 37.71. Meaning, the purchaser of the share is investing $37.71 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 9.04%.

Volume

Today’s last reported volume for Flowers Foods is 218228 which is 80.39% below its average volume of 1113110.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 6, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 4.13%.

Yearly Top and Bottom Value

Flowers Foods’s stock is valued at $23.00 at 08:23 EST, way under its 52-week high of $26.12 and way above its 52-week low of $19.64.

Previous days news about Flowers Foods (FLO)

  • According to Zacks on Monday, 14 October, "Here, we have highlighted three other top-ranked food stocks, namely, The Chef’s Warehouse (CHEF Quick QuoteCHEF – Free Report) , Ollie’s Bargain Outlet (OLLI Quick QuoteOLLI – Free Report) and Flowers Foods (FLO Quick QuoteFLO – Free Report) The Chef’s Warehouse, which engages in the distribution of specialty food products, currently sports a Zacks Rank #2 (Buy). "

2. TCG BDC (CGBD)

95.81% Payout Ratio

Carlyle Secured Lending, Inc. is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

Earnings Per Share

As for profitability, TCG BDC has a trailing twelve months EPS of $1.91.

PE Ratio

TCG BDC has a trailing twelve months price to earnings ratio of 9.03. Meaning, the purchaser of the share is investing $9.03 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 11.89%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 7.7% and a negative 14.3%, respectively.

Moving Average

TCG BDC’s value is above its 50-day moving average of $16.90 and higher than its 200-day moving average of $16.76.

3. Forward Air Corporation (FWRD)

58.54% Payout Ratio

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Earnings Per Share

As for profitability, Forward Air Corporation has a trailing twelve months EPS of $-27.83.

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 -204.95%.

4. Community Trust Bancorp (CTBI)

42.59% Payout Ratio

Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan portfolio includes commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, renting safe deposit boxes, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, internet banking, and e-statement services. The company was founded in 1903 and is headquartered in Pikeville, Kentucky.

Earnings Per Share

As for profitability, Community Trust Bancorp has a trailing twelve months EPS of $4.32.

PE Ratio

Community Trust Bancorp has a trailing twelve months price to earnings ratio of 11.2. Meaning, the purchaser of the share is investing $11.2 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 11.23%.

Volume

Today’s last reported volume for Community Trust Bancorp is 26519 which is 51.39% below its average volume of 54559.

Moving Average

Community Trust Bancorp’s value is under its 50-day moving average of $48.42 and way above its 200-day moving average of $43.70.

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%.

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