(VIANEWS) - Rent-A-Center (RCII), MiX Telematics Limited (MIXT), Mid (MAA) are the highest payout ratio stocks on this list.
We have collected 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. Rent-A-Center (RCII)
182.19% Payout Ratio
Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and rentacenter.com, an e-commerce platform. As of December 31, 2021, the company owned and operated approximately 1,846 stores in the United States and Puerto Rico, including 45 retail installment sales stores; 35 Acima staffed locations in North Carolina; and 123 stores in Mexico, as well as franchised 466 lease-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1960 and is headquartered in Plano, Texas.
Earnings Per Share
As for profitability, Rent-A-Center has a trailing twelve months EPS of $3.73.
PE Ratio
Rent-A-Center has a trailing twelve months price to earnings ratio of 6.14. Meaning, the purchaser of the share is investing $6.14 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 6.73%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 2, 2022, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 6.74%.
2. MiX Telematics Limited (MIXT)
111.49% Payout Ratio
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers fleet solutions, including MiX Fleet Manager Premium that provides access to secure information about drivers and vehicles; MiX Fleet Manager Essential for monitoring drivers and vehicles; and MiX Asset Manager used to track hardware products and other assets. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers vehicle recovery services. In addition, the company provides value added services comprising driver communication, collision prevention and reduction, satellite communication, track and react bureau, driver performance management, driving monitoring, field services management, driver engagement, fuel management and security solutions, and driver identification solutions, as well as voice kits and keypads, and in-vehicle cameras. It delivers fleet and mobile asset management solutions as SaaS to 818,487 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. The company was founded in 1996 and is based in Boca Raton, Florida.
Earnings per Share
MiX Telematics Limited's trailing twelve-month EPS is $0.23.
PE Ratio
MiX Telematics Limited's trailing 12-month price-earnings ratio is 35.91. The purchaser of the shares is investing $35.91 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 3.13%.3. Mid (MAA)
83.01% Payout Ratio
MAA is an S&P 500 Company. It's a real-estate investment trust (or REIT) that focuses on delivering superior performance and full-cycle returns for its shareholders. This includes the management, ownership, acquisition, development, and redevelopment quality apartments communities throughout the United States. MAA owned 102,772 apartments units as of December 31, 2020. This includes communities that are currently under development across 16 US states and DC.
Earnings Per Share
As for profitability, Mid has a trailing twelve months EPS of $2.29.
PE Ratio
Mid has a trailing twelve months price to earnings ratio of 68.53. Meaning, the purchaser of the share is investing $68.53 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 9.9%.Volume
Today's last reported volume for Mid is 145797 which is 80.32% below its average volume of 741140.
Revenue growth
The year-on-year revenue growth was 13.3%. It now stands at 1.89B in the 12 trailing months.
Moving Average
Mid's 50-day moving mean of $157.57 is lower than its 200-day average of $182.43.4. Golden Ocean Group Limited (GOGL)
79.25% Payout Ratio
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
Earnings per Share
Golden Ocean Group Limited's trailing twelve-month EPS is $3.47.
PE Ratio
Golden Ocean Group Limited's trailing 12-month price-to-earnings ratio is 2.79. The purchaser of the shares is therefore investing $2.79 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 36.82%.Annual Top and Bottom Value
Golden Ocean Group Limited stock was valued at $9.67 as of 13:23 EST. This is way lower than the 52-week high $16.46 but much higher than its low 52-week of $7.24.
Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is a negative 47.8% and a negative 61.5%, respectively.Earnings Before Interest, Taxes, Depreciation, and Amortization
Golden Ocean Group Limited's EBITDA is 17.29.
Moving Average
Golden Ocean Group Limited is worth more than its $50-day moving mean of $8.64, and much less than its $200-day moving median of $11.21.5. Stryker Corp (SYK)
50% Payout Ratio
Stryker Corporation operates as a medical technology company. The company operates through two segments, MedSurg and Neurotechnology, and Orthopaedics and Spine. The Orthopaedics and Spine segment provides implants for use in hip and knee joint replacements, and trauma and extremities surgeries. This segment also offers spinal implant products comprising cervical, thoracolumbar, and interbody systems that are used in spinal injury, deformity, and degenerative therapies. The MedSurg and Neurotechnology segment offers surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices, and other medical device products that are used in various medical specialties. This segment also provides neurotechnology products, which include products used for minimally invasive endovascular techniques; products for brain and open skull based surgical procedures; orthobiologic and biosurgery products, such as synthetic bone grafts and vertebral augmentation products; minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke; and craniomaxillofacial implant products, including cranial, maxillofacial, and chest wall devices, as well as dural substitutes and sealants. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 75 countries. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan.
Earnings per Share
Stryker Corp's trailing 12 months EPS is $3.69.
PE Ratio
Stryker Corp's trailing 12-month price-to-earnings ratio is 59.6. The purchaser of the shares is therefore investing $59.6 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 14.1%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 1.4% and 7.4%, respectively.Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be made on Sep 28, 2022. The forward annual dividend rate for the future is estimated at 2.78, and the forward annual dividend yield to be 1.22%.
6. United Bancorp (UBCP)
37.58% Payout Ratio
United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. As of December 31, 2020, the company operated through a network of nineteen banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in Ohio, as well as Marshall and Ohio Counties in West Virginia and the surrounding localities; and a loan production office in Wheeling, West Virginia. United Bancorp, Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.
Earnings per Share
United Bancorp's trailing twelve-month EPS is $1.61.
PE Ratio
United Bancorp's trailing 12-month price-earnings ratio is 9.55. The purchaser of the shares is therefore investing $9.55 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 14.3%.Volume
United Bancorp's current volume is 407. This is 90.27% less than its usual volume of 4184.
Revenue Growth
Year-on-year quarterly revenue growth declined by 10.8%, now sitting on 29.22M for the twelve trailing months.
Annual Top and Bottom Value
At 13:24 EST United Bancorp stock was valued at $15.38. This is way lower than the 52-week high at $20.83, and much higher than the 52-week low at $14.61.