(VIANEWS) - Macerich Company (MAC), Citizens Holding Company (CIZN), Saga Communications (SGA) are the highest payout ratio stocks on this list.
We have congregated information about 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. Macerich Company (MAC)
250% Payout Ratio
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 – 2019).
Earnings Per Share
As for profitability, Macerich Company has a trailing twelve months EPS of $-1.58.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.07%.Growth Estimates Quarters
The company's growth estimates for the current quarter is a negative 104% and positive 150% for the next.Moving Average
Macerich Company's market value is lower than its 50-day average moving average $11.77, and more than its 200 day moving average $11.31.Volume
The Macerich Company's current volume is 943856, which is 61.82% lower than its average volume at 2472620.
2. Citizens Holding Company (CIZN)
60% Payout Ratio
Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. The company offers demand deposits, as well as savings and time deposit accounts. It also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit. In addition, the company offers personal and corporate trust services; credit life and title insurance; and internet and mobile banking services. It operates a principal office in downtown Philadelphia, Mississippi; and 28 additional branches in Neshoba, Newton, Leake, Lamar, Forrest, Scott, Attala, Lauderdale, Lafayette, Oktibbeha, Rankin, Madison, Harrison, Jackson, Winston, and Kemper counties, Mississippi. Citizens Holding Company was founded in 1908 and is headquartered in Philadelphia, Mississippi.
Earnings Per Share
As for profitability, Citizens Holding Company has a trailing twelve months EPS of $1.6.
PE Ratio
Citizens Holding Company has a trailing twelve months price to earnings ratio of 8.56. Meaning, the purchaser of the share is investing $8.56 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 12.81%.Sales Growth
Citizens Holding Company's sales growth is 8.4% for the present quarter and 6.1% for the next.
3. Saga Communications (SGA)
54.23% Payout Ratio
Saga Communications, Inc., an American broadcast company, is responsible for the acquisition, development, and operation of broadcast properties throughout the United States. Radio stations of the company use a variety programming format, such as classic hits and adult hits, country music, top 40, country songs, soft adult contemporary, news/talk, pure oldies and classic rock. It owned seventy nine FM and thirty-four AM radio stations. Seventy-nine of its metro signals served twenty-seven cities. Grosse Pointe Farms in Michigan is where the company's headquarters are located.
Earnings per Share
Saga Communications' trailing 12 month EPS is $1.39.
PE Ratio
Saga Communications' trailing 12-month price-earnings ratio is 17.41. The purchaser of the shares is therefore investing $17.41 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 4.47%.Yearly Top and Bottom Value
Saga Communications's stock is valued at $24.20 at 13:23 EST, way under its 52-week high of $29.75 and way above its 52-week low of $21.50.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 19, 2022, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.03%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.9%, now sitting on 113.92M for the twelve trailing months.
Moving Average
Saga Communications's value falls below its moving average for 50 days of $24.97, and its moving average for 200 days of $24.32.4. CVB Financial Corporation (CVBF)
48.39% Payout Ratio
CVB Financial Corp. is a bank holding firm for Citizens Business Bank. This state-chartered bank provides financial and banking services to individuals and small businesses. It offers checking, saving, money market and time certificates for deposit products for personal and business accounts. The federal tax depository serves business customers. The company also offers commercial loans products that include lines of credits and other working capital financing. It also has letters of credit. Loans to fund the operations of wholesale dairy farms, cattle feeders and livestock raisers. It offers specialized services such as merchant card processing, armored pick up and delivery, payroll services and remote deposit capture. They also offer electronic funds transfers, wires, automated clearinghouse and wires. It also offers trust services via its CitizensTrust Division. These include fiduciary, mutual fund, annuities and 401(k), plans as well as individual investment accounts. The company had 57 branches in Los Angeles County and Orange County as well as San Diego County and Ventura County. One loan production office was located in Modesto and three trust offices were located in Ontario and Newport Beach. CVB Financial Corp. was established in 1974. It is located in Ontario, California.
Earnings per Share
CVB Financial Corporation's trailing twelve-month EPS is $1.55.
PE Ratio
CVB Financial Corporation's trailing 12-month price-earnings ratio is 16.61. The purchaser of the shares is therefore investing $16.61 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 11.01%.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made on December 27, 2022. The forward dividend rate for the year is estimated at 0.8, and the forward dividend yield to be 3.11%.
Annual Top and Bottom Value
CVB Financial Corporation stock was valued at $29.25 at 13:23 ET, which is way below its 52 week high of $29.25 but well above its low 52-week of $21.36.
Revenue growth
The year-over-year growth in quarterly revenue was 19.8%. We now have 510.12M to go for the 12 trailing months.
5. Natural Grocers by Vitamin Cottage (NGVC)
42.55% Payout Ratio
Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide private label dietary supplements; body care products comprising cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; books and handouts; and household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers. The company operates its retail stores under the Natural Grocers by Vitamin Cottage trademark. As of June 04, 2020, it operated 159 stores in 20 states. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.
Earnings per Share
Natural Grocers by Vitamin Cottage's trailing 12-month EPS is $0.94.
PE Ratio
Vitamin Cottage's trailing 12 months earnings to price ratio is 9.81. The purchaser of the shares is therefore investing $9.81 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 14.31%.Revenue Growth
Year-on-year quarterly revenue growth grew by 0.6%, now sitting on 1.09B for the twelve trailing months.
Sales Growth
Natural Grocers by Vitamin Cottage's sales growth is negative 0.8% for the present quarter and negative 0.7% for the next.
Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made on November 24, 2022. The forward annual dividend rate for the year is estimated at 0.4, and the forward annual dividend yield to be 4.41%.
6. Intercontinental Hotels Group (IHG)
36.51% Payout Ratio
InterContinental Hotels Group PLC manages, owns and franchises hotels throughout the Americas and Europe. It operates resorts and hotels as well as restaurants and spas. IHG Rewards Club is a loyalty program for hotel guests. The company has approximately 5,900 hotels, 884,000 rooms and is present in over 100 countries as of February 28, 2020. InterContinental Hotels Group PLC, headquartered in Denham in the United Kingdom was established in 1777.
Earnings Per Share
As for profitability, Intercontinental Hotels Group has a trailing twelve months EPS of $2.35.
PE Ratio
Intercontinental Hotels Group has a trailing twelve months price to earnings ratio of 24.88. Meaning, the purchaser of the share is investing $24.88 for every dollar of annual earnings.