(VIANEWS) - Altria Group (MO), Chesapeake Granite Wash Trust (CHKR), Cullen/Frost Bankers (CFR) are the highest payout ratio stocks on this list.
We have collected information concerning stocks with the highest payout ratio so far. 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 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. Altria Group (MO)
367.35% Payout Ratio
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, Altria Group has a trailing twelve months EPS of $2.33.
PE Ratio
Altria Group has a trailing twelve months price to earnings ratio of 19.91. Meaning, the purchaser of the share is investing $19.91 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 391.08%.Revenue growth
The year-on-year revenue growth fell by 3.5%. We now have 20.73B in the 12 trailing months.
Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on Sep 13, 2022. The forward dividend rate for the year is estimated at 3.76, and the forward dividend yield to be 8.22%.
Moving Average
Altria Group's market value is higher than its 50-day moving mean of $45.39, and lower than its 200-day moving median of $47.41.2. Chesapeake Granite Wash Trust (CHKR)
100% Payout Ratio
Chesapeake Granite Wash Trust holds royalty rights in natural gas liquids and oil properties in Washita County, in the Anadarko Basin, Western Oklahoma. It holds royalty rights in approximately 26400 acres and has 69 production wells. Its reserves for royalty interests were 2,736 million barrels of equivalent oil of proven developed reserves as of December 31, 2020. Chesapeake Granite Wash Trust, which was established in 2011, is located in Houston.
Earnings Per Share
As for profitability, Chesapeake Granite Wash Trust has a trailing twelve months EPS of $0.26.
PE Ratio
Chesapeake Granite Wash Trust has a trailing twelve months price to earnings ratio of 4.46. Meaning, the purchaser of the share is investing $4.46 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 108.07%.3. Cullen/Frost Bankers (CFR)
41.94% Payout Ratio
Cullen/Frost Bankers, Inc. is the bank holding company of Frost Bank, which offers both commercial and personal banking services throughout Texas. The bank operates two divisions: Banking and Frost Wealth Advisors. It provides commercial banking services for corporations and business clients. This includes financing of industrial and commercial property, temporary construction, acquisitions and equipment. The company also offers consumer banking services such as checking, savings, ATMs, overdraft facilities and installment loans. It can also provide home equity loans and line of credit. The company also offers foreign banking services, including deposits, loans and letters of credit. It can also provide foreign currency services, such as foreign collections, money, foreign funds, or foreign collection services. It also acts as a correspondent to approximately 176 financial institution; it offers trust, investment agency, and custodial service for individuals and corporations; capital market services include trading, new underwriting, market trading, advisory and safekeeping and clearing; and support international business activities. The company also offers securities brokerage and insurance services. It holds securities for investment and lends to qualified borrowers. There are approximately 155 banks and 1200 ATMs. It serves the energy, manufacturing and services industries. Cullen/Frost Bankers, Inc. is located in San Antonio, Texas.
Earnings per Share
Cullen/Frost Bankers' trailing 12-month EPS is $7.44.
PE Ratio
Cullen/Frost Bankers' trailing 12-month price-to-earnings ratio is 18.46. The purchaser of the shares is therefore investing $18.46 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 13.61%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 79.2% and 81.3%, respectively.Revenue growth
The year-over-year growth in quarterly revenue was 34.2%. We now have 1.54B to our credit for the 12 trailing months.
Sales Growth
Cullen/Frost Bankers sales growth was 35.2% in the current quarter, and 55.3% the following.
4. First Merchants Corporation (FRME)
34.76% Payout Ratio
First Merchants Corporation is the financial holding firm for First Merchants Bank, which provides community banking services. The company accepts savings and time; it also provides real estate, consumer and commercial mortgage loans as well as finance public. It also provides brokerage services and private wealth management, as well as personal and corporate trust, corporate trust, private wealth management, letters of credit and repurchase agreements and other corporate services. The company has 109 locations across Indiana, Illinois and Ohio. It also provides its services via electronic and mobile delivery channels. First Merchants Corporation was established in Muncie in Indiana in 1893.
Earnings per Share
First Merchants Corporation's trailing twelve-month EPS is $3.51.
PE Ratio
First Merchants Corporation's trailing 12-month price-to-earnings ratio is 11.35. The purchaser of the shares is therefore investing $11.35 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 10.55%.Sales Growth
First Merchants Corporation's sales growth is 41% for the present quarter and 40.4% for the next.
5. Snap (SNA)
34.42% Payout Ratio
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin.
Earnings Per Share
As for profitability, Snap has a trailing twelve months EPS of $12.45.
PE Ratio
Snap has a trailing twelve months price to earnings ratio of 18.04. Meaning, the purchaser of the share is investing $18.04 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 21.85%.