(VIANEWS) - UNITIL Corporation (UTL), Fulton Financial Corporation (FULT), Bank of Marin Bancorp (BMRC) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio up to now. 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 distribute 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. UNITIL Corporation (UTL)
59.39% Payout Ratio
Unitil Corporation is a holding company for public utilities that distributes electricity and natural gas. The company operates in three segments, Utility Electric Operations and Utility Gas Operations. It distributes electricity along the New Hampshire southeastern coast and in New Hampshire's state capital areas. The greater Fitchburg region of northcentral Massachusetts is also served. Natural gas distributions are carried out in southern New Hampshire as well as portions of central Maine. This includes the cities of Portland, Lewiston-Auburn, and greater Fitchburg in north central Massachusetts. The company also owns 86 miles worth of underground natural gas transmission lines that provide interstate access to natural gas and transport services, mainly in New Hampshire and Maine. The company also provides real estate management and energy brokerage services. The company serves approximately 107.700 electricity customers and 86.600 natural gas customers. Unitil Corporation was established in 1984. It is located in Hampton, New Hampshire.
Earnings per Share
UNITIL Corporation's trailing 12 months profit per share is $2.61
PE Ratio
UNITIL Corporation's trailing 12-month price-earnings ratio is 19.9. The purchaser of the shares is therefore investing $19.9 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 9.22%.Earnings Before Interest, Taxes, Depreciation, and Amortization
UNITIL Corporation's EBITDA is 53.95.
Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made on November 9, 2022. The forward annual dividend rate for the year is estimated at 1.56, and the forward annual dividend yield to be 3.04%.
2. Fulton Financial Corporation (FULT)
37.82% Payout Ratio
Fulton Financial Corporation is a financial holding firm that offers commercial and consumer banking products. The company accepts checking and savings deposits, certificates of deposit and individual retirement accounts. Secured consumer loans include home equity loans and personal lines of credit; automobile loans; checking account protection; construction and residential mortgage loans; commercial lending products that consist of commercial, industrial and construction loans as well as equipment leasing financing loans. It also offers letters of credit and cash management services. Wealth management services include investment management, trust brokerage, insurance and investment advisory. The company also owns trust preferred securities and passive investments. It also sells life insurance products. The company offers its services via traditional banking and telephone banking. There were branches throughout Pennsylvania, Maryland Delaware, New Jersey and Virginia. Fulton Financial Corporation was founded in 1882. It is located in Lancaster, Pennsylvania.
Earnings per Share
Fulton Financial Corporation's trailing twelve-month EPS is $1.56.
PE Ratio
Fulton Financial Corporation's trailing 12 months earnings to price ratio is 10.79. The purchaser of the shares is therefore investing $10.79 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 10.33%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 35.1% and 26,3% respectively.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 29, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 3.57%.
3. Bank of Marin Bancorp (BMRC)
35.66% Payout Ratio
Bank of Marin Bancorp is the holding company of Bank of Marin. It provides financial services to individuals, small- to medium-sized companies, professionals and not-for profit organizations in California. You can get personal or business savings and checking accounts. Individual retirement, savings and demand deposits marketplace accounts are also available. Time certificates of deposit, certificate deposit account registry, and insurance cash sweep services are all offered. It also offers commercial, industrial and consumer loans as well as home equity and construction financing. It also offers credit cards, merchant, payroll, and cash management, as well as fraud detection tools, mobile deposit, remote deposit capture and automated clearing house wire transfer services. The company also offers wealth management and trust services that include customized investment portfolio management; trust administration; estate settlement and custody services. It also provides 401(k), 401(k), and automated teller machines. They can also provide telephone and digital banking services. The company has 12 branches in Marin and southern Sonoma, California, as well as a loan production center in San Francisco. Novato is the headquarters of this company, which was founded in 1989.
Earnings per Share
Bank of Marin Bancorp's trailing twelve-month EPS of 2.72 is a good indicator of profitability.
PE Ratio
Bank of Marin Bancorp's trailing 12-month price-earnings ratio of 12.09 is its average. The purchaser of the shares is therefore investing $12.09 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 10.15%.Sales Growth
Bank of Marin Bancorp's sales growth is 8.2% for the current quarter and 14.6% for the next.
Yearly Top and Bottom Value
Bank of Marin Bancorp's stock is valued at $32.88 at 07:26 EST, way under its 52-week high of $39.65 and way higher than its 52-week low of $29.88.
Volume
The Bank of Marin Bancorp's latest reported volume is now 20280, which is 38.86% lower than its average volume of 33175.
4. Franco (FNV)
31.08% Payout Ratio
Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was founded in 1983 and is headquartered in Toronto, Canada.
Earnings per Share
Franco's trailing 12 month EPS is $1.71.
PE Ratio
Franco's trailing 12 months earnings to price ratio is 84.17. The purchaser of the shares is therefore investing $84.17 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 12.73%.Volume
Today's last reported volume for Franco is 454651 which is 28.93% below its average volume of 639741.