(VIANEWS) - Cogent Communications Holdings (CCOI), WesBanco (WSBC), Annaly Capital (NLY) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn't a guarantee 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 investigating 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. Cogent Communications Holdings (CCOI)
708.16% Payout Ratio
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
Earnings Per Share
As for profitability, Cogent Communications Holdings has a trailing twelve months EPS of $0.49.
PE Ratio
Cogent Communications Holdings has a trailing twelve months price to earnings ratio of 116.49. Meaning, the purchaser of the share is investing $116.49 for every dollar of annual earnings.
Growth Estimates Quarters
The company's growth estimates for the present quarter is a negative 53.8% and positive 900% for the next.Sales Growth
Cogent Communications Holdings has experienced a 2.6% and 3.4% sales growth in the current quarter.
2. WesBanco (WSBC)
47.69% Payout Ratio
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand deposits, as well as savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower's home; home equity lines of credit; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and commercial, mortgage, and individual installment loans. In addition, the company offers trust and investment services, as well as various investment products comprising mutual funds and annuities; and securities brokerage services. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of December 31, 2020, it operated 233 branches and 226 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland, as well as six loan production offices in West Virginia, Ohio, western Pennsylvania, and Maryland. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
Earnings per Share
WesBanco's trailing 12 month EPS is $2.47.
PE Ratio
WesBanco's trailing 12-month price-to-earnings ratio is 14.68. The purchaser of the shares is therefore investing $14.68 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 7.58%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 3.7% and 15.7%, respectively.Dividend Yield
Morningstar, Inc. has stated that the next dividend payment will be on Sep 7, 2022. The forward dividend rate for the year is estimated at 1.36, and the forward dividend yield to be 3.44%.
Sales Growth
WesBanco's sales growth is 16.3% for the present quarter and 27.8% for the next.
3. Annaly Capital (NLY)
46.93% Payout Ratio
Annaly Capital Management, Inc. is a multi-faceted capital manager that specializes in corporate and mortgage financing. It invests in mortgage servicing rights, agency mortgage-backed security, commercial mortgage-backed Securities, Agency residential mortgage assets, residential loans, credit risk transfer securities and corporate debts. The company has chosen to be treated as a real-estate investment trust (REIT) tax. It is exempt from federal income taxes if it pays its shareholders its taxable income as a REIT. It was established in New York in 1996.
Earnings Per Share
As for profitability, Annaly Capital has a trailing twelve months EPS of $3.1.
PE Ratio
Annaly Capital has a trailing twelve months price to earnings ratio of 7.27. Meaning, the purchaser of the share is investing $7.27 for every dollar of annual earnings.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 17.9% and a negative 20.5%, respectively.4. DineEquity (DIN)
35.07% Payout Ratio
Dine Brands Global, Inc., together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The company owns and franchises two restaurant concepts, including Applebee's Neighborhood Grill + Bar in the bar and grill segment of the casual dining category; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry. Its Applebee's restaurants offer American fare with drinks and drafts; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2020, the company had 1,642 Applebee's franchised restaurants, and 1,769 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 621 IHOP franchised restaurants and two Applebee's franchised restaurant; and the financing of franchise fees and equipment leases. The company was formerly known as DineEquity, Inc. and changed its name to Dine Brands Global, Inc. in February 2018. Dine Brands Global, Inc. was founded in 1958 and is headquartered in Glendale, California.
Earnings Per Share
As for profitability, DineEquity has a trailing twelve months EPS of $5.36.
PE Ratio
DineEquity has a trailing twelve months price to earnings ratio of 12.2. Meaning, the purchaser of the share is investing $12.2 for every dollar of annual earnings.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 18, 2022, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 3.11%.
5. Cambridge Bancorp (CATC)
32.48% Payout Ratio
Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking and savings accounts, certificates of deposit, money market accounts, trust accounts, individual retirement accounts, and time and demand deposits. Its loan products include residential and commercial real estate loans; home equity lines of credit and term loans; commercial and industrial loans; secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of 21 banking offices in Eastern Massachusetts and New Hampshire; and 2 wealth management offices located in Massachusetts, as well as 3 wealth management offices located in New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.
Earnings Per Share
As for profitability, Cambridge Bancorp has a trailing twelve months EPS of $7.78.
PE Ratio
Cambridge Bancorp has a trailing twelve months price to earnings ratio of 10.76. Meaning, the purchaser of the share is investing $10.76 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 12.55%.Yearly Top and Bottom Value
Cambridge Bancorp's stock is valued at $83.71 at 19:23 EST, way below its 52-week high of $93.54 and higher than its 52-week low of $77.62.
Sales Growth
Cambridge Bancorp's sales growth is 17.8% for the ongoing quarter and 20.1% for the next.