(VIANEWS) - Open Text Corporation (OTEX), Albemarle (ALB), Simulations Plus (SLP) are the highest payout ratio stocks on this list.
We have congregated information regarding stocks with the highest payout ratio up to 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 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. Open Text Corporation (OTEX)
164.67% Payout Ratio
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Earnings Per Share
As for profitability, Open Text Corporation has a trailing twelve months EPS of $0.55.
PE Ratio
Open Text Corporation has a trailing twelve months price to earnings ratio of 60.13. Meaning, the purchaser of the share is investing $60.13 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 3.68%.Yearly Top and Bottom Value
Open Text Corporation's stock is valued at $33.07 at 07:23 EST, way below its 52-week high of $48.46 and way higher than its 52-week low of $24.91.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Open Text Corporation's EBITDA is 123.38.
Growth Estimates Quarters
The company's growth estimates for the present quarter is a negative 4.5% and positive 16.7% for the next.2. Albemarle (ALB)
72.69% Payout Ratio
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Albemarle has a trailing twelve months EPS of $3.52.
PE Ratio
Albemarle has a trailing twelve months price to earnings ratio of 80.09. Meaning, the purchaser of the share is investing $80.09 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%.Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Dec 14, 2022, the estimated forward annual dividend rate is 1.58 and the estimated forward annual dividend yield is 0.56%.
3. Simulations Plus (SLP)
47.06% Payout Ratio
Simulations Plus, Inc. develops drug discovery and development software for mechanistic modeling and simulation, and prediction of properties of molecules utilizing artificial-intelligence- and machine-learning-based technology worldwide. The company offers GastroPlus, which simulates the absorption, pharmacokinetics (PK), pharmacodynamics, and drug-drug interactions of compounds administered to humans and animals; DDDPlus that simulates in vitro laboratory experiments; and MembranePlus, which simulates laboratory experiments. It also provides PKPlus, a program that provides the functionality needed by pharmaceutical industry scientists to perform the analyses and generate the outputs needed to satisfy regulatory agency requirements for noncompartmental analysis and compartmental PK modelling; ADMET Predictor, a chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, a molecule drawing program or sketcher. In addition, it offers KIWI, a cloud-based web application to organize, process, maintain, and communicate the volume of data and results generated by pharmacologists and scientists over the duration of a drug development program; DILIsym, a quantitative systems pharmacology software; NAFLDsym, a simulation program for analyzing nonalcoholic fatty liver disease; RENAsym for investigating and predicting drug-induced or acute kidney injury; IPFsym, a software tool to treat or cure idiopathic pulmonary fibrosis; and the Monolix Suite, a solution for modeling and simulation. Further, the company provides population modeling and simulation contract research services; and clinical-pharmacology-based consulting services in support of regulatory submissions. It serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food companies, as well as academic and regulatory agencies. The company was founded in 1996 and is headquartered in Lancaster, California.
Earnings Per Share
As for profitability, Simulations Plus has a trailing twelve months EPS of $0.51.
PE Ratio
Simulations Plus has a trailing twelve months price to earnings ratio of 77.98. Meaning, the purchaser of the share is investing $77.98 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 6.14%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jan 26, 2023, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 0.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Simulations Plus's EBITDA is 12.34.
4. Columbia Banking System (COLB)
41.96% Payout Ratio
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $2.86.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 9.91. Meaning, the purchaser of the share is investing $9.91 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 10.1%.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Oct 13, 2022, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 4.07%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.5%, now sitting on 691.07M for the twelve trailing months.
5. Fulton Financial Corporation (FULT)
37.82% Payout Ratio
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it provides letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns passive investments, as well as trust preferred securities; and sells various life insurance products. It provides its products and services through traditional financial center banking, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. The company operated branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. Fulton Financial Corporation was incorporated in 1882 and is headquartered in Lancaster, Pennsylvania.
Earnings Per Share
As for profitability, Fulton Financial Corporation has a trailing twelve months EPS of $1.35.
PE Ratio
Fulton Financial Corporation has a trailing twelve months price to earnings ratio of 11.42. Meaning, the purchaser of the share is investing $11.42 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 10.33%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 29, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 3.38%.
Yearly Top and Bottom Value
Fulton Financial Corporation's stock is valued at $15.44 at 07:23 EST, way below its 52-week high of $18.91 and way higher than its 52-week low of $13.72.
Volume
Today's last reported volume for Fulton Financial Corporation is 1008280 which is 10.88% above its average volume of 909286.