(VIANEWS) - Cabot Corporation (CBT), Mercantile Bank Corporation (MBWM), KeyCorp (KEY) 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. Cabot Corporation (CBT)
40.88% Payout Ratio
Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and engineered elastomer composites. It also provides specialty carbons used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, infrastructure, agriculture, consumer products, and electronics industries; inkjet colorants used in the inkjet printing applications; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; fumed alumina used in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries; and aerogel, a hydrophobic, silica-based particle for use in various thermal insulation and specialty chemical applications. In addition, the company offers activated carbon products used for the purification of water, air, food and beverages, pharmaceuticals, and other liquids and gases; and activated carbon solutions for activated carbon injection in coal-fired utilities, mobile water filter units, and carbon reactivation services. The company sells its products through distributors and sales representatives in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation was founded in 1882 and is headquartered in Boston, Massachusetts.
Earnings Per Share
As for profitability, Cabot Corporation has a trailing twelve months EPS of $3.62.
PE Ratio
Cabot Corporation has a trailing twelve months price to earnings ratio of 19.73. Meaning, the purchaser of the share is investing $19.73 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 22.9%.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on November 22, 2022. The forward dividend rate for 2020 is estimated at 1.48, and the forward dividend yield 2.07%.
2. Mercantile Bank Corporation (MBWM)
38.51% Payout Ratio
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $2.93.
PE Ratio
Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 11.85. Meaning, the purchaser of the share is investing $11.85 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 11.72%.Dividend Yield
Morningstar, Inc. claims that the next dividend payment will be on November 30, 2022. The forward dividend rate and yield are estimated to be 1.28 and 3.86% respectively.
Moving Average
Mercantile Bank Corporation's worth is above its 50-day moving average of $32.99 and higher than its 200-day moving average of $33.71.Growth Estimates Quarters
For the current quarter, the company expects to grow by 27.7% and 61.4% respectively.3. KeyCorp (KEY)
33.77% Payout Ratio
KeyCorp is the holding company of KeyBank National Association, which provides many retail and commercial banking services and products in the United States. The bank operates two divisions, Consumer Bank and Commercial Bank. It offers various deposit options, investments products, services, as well as personal finance, financial wellness, student loans refinancing and mortgage and home equity. The company also offers a range of capital market and banking products including syndicated financing, debt and equity capital markets products, commercial payments and equipment finance, commercial and residential mortgage banking, derivatives and foreign exchange as well as public finance. This includes commercial mortgage loans that include consumer, energy and healthcare loans, private sector loans, real estate loans, technology loans, middle-market clients, and commercial mortgage loans. The company also offers investment banking, securities underwriting and brokerage services. It had approximately 999 branches, 1,317 ATMs, and additional offices in 15 states. The company also has a phone banking center, mobile and online banking, as well as an additional office, telephone and internet banking. KeyCorp was established in 1849, and its headquarters is in Cleveland Ohio.
Earnings Per Share
As for profitability, KeyCorp has a trailing twelve months EPS of $1.77.
PE Ratio
KeyCorp has a trailing twelve months price to earnings ratio of 9.52. Meaning, the purchaser of the share is investing $9.52 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 13.88%.Growth Estimates Quarters
For the current quarter, the company expects to grow by a negative 13.6% and negative 4.7% respectively.4. Turkcell Iletisim Hizmetleri AS (TKC)
31.31% Payout Ratio
Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Northern Cyprus, Germany, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services consisting of mobile communications, fixed business internet and business phone, and customer loyalty and programs. The company provides digital business services comprising of uninterrupted access, cyber security, data center, internet of things, big data, e-transformation, technologies, and managed services, and cloud solutions. In addition, the company provides various devices, hardware, software, and financing solutions. Further, the company offers digital services comprising of search, invoice and TL services; and information, entertainment, and application services. Additionally, the company provides TV+, which enables subscribers to watch series and other TV contents whenever and wherever they want; fizy, a digital music platform; magazine holder, a magazine, and newspapers service, and yaani browser, a mobile application. Furthermore, the company offers BiP, an all-access communication service application; goals pocket, a news and goal videos application; and digital operator, a transactions and technology purchases application. The company provides home internet and TV services. The company was incorporated in 1993 and is headquartered in Istanbul, Turkey.
Earnings per Share
For profitability, Turkcell Iletisim Hizmetleri AS' trailing twelve-month EPS is $0.745.
PE Ratio
Turkcell Iletisim Hizmetleri AS's trailing 12 months earnings to price ratio is 5.7. The purchaser of the shares is therefore investing $5.7 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a company relative to shareholders' equity, was 24.84%.Dividend Yield
According to Morningstar, Inc., there will be a next dividend payment on July 25, 2022. The forward dividend rate for 2020 is 0.08, and the forward dividend yield of 2.41%.
Yearly Top and Bottom Value
Turkcell Iletisim Hizmetleri AS's stock is valued at $4.25 at 19:23 EST, below its 52-week high of $4.57 and way above its 52-week low of $2.33.
Volume
Today's last reported volume for Turkcell Iletisim Hizmetleri AS is 629693 which is 26.53% above its average volume of 497626.