(VIANEWS) - Telephone and Data Systems (TDS), MiX Telematics Limited (MIXT), CVR Partners, LP (UAN) 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 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. Telephone and Data Systems (TDS)
174.39% Payout Ratio
Telephone and Data Systems, Inc., a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. It also provides replace and repair services; Trade-In program through which it buys customers' used equipment; internet connections and all-home WI-FI services; TDS TV+, an integrated cloud television platform that offers video content; local and long-distance telephone service, VoIP, and enhanced services; and broadband, IP-based services, and hosted voice and video collaboration services. The company sells its products through retail sales, direct and indirect sales, third-party retailers, and independent agents, as well as through ecommerce and telesales. As of December 31, 2021, it offers its services to customers 5 million wireless connections, and 1.2 million wireline and cable connections. The company was incorporated in 1968 and is headquartered in Chicago, Illinois.
Earnings per Share
Telephone and Data Systems' trailing twelve-month EPS is $0.41.
PE Ratio
Telephone and Data Systems' trailing 12 months earnings to price ratio is 24.44. The purchaser of the shares is therefore investing $24.44 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 2.04%.Moving Average
Telephone and Data Systems's value is way below its 50-day moving average of $12.96 and way below its 200-day moving average of $16.10.Revenue Growth
Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 5.43B for the twelve trailing months.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 418.2% and a negative 62.2%, respectively.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2022, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 7.19%.
2. MiX Telematics Limited (MIXT)
100.34% 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
As for profitability, MiX Telematics Limited has a trailing twelve months EPS of $0.25.
PE Ratio
MiX Telematics Limited has a trailing twelve months price to earnings ratio of 30.8. Meaning, the purchaser of the share is investing $30.8 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 3.13%.Volume
The last volume reported by MiX Telematics Limited was 18978. This is 35.56% less than its average volume, 29452.
3. CVR Partners, LP (UAN)
86.01% Payout Ratio
CVR Partners, LP, together with its subsidiaries, produces and distributes nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company. CVR Partners, LP was founded in 2007 and is based in Sugar Land, Texas.
Earnings per Share
CVR Partners, LP's trailing 12 months EPS is $22.95.
PE Ratio
CVR Partners, LP's trailing 12-month price-earnings ratio is 4.71. The purchaser of the shares is therefore investing $4.71 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 78.17%.4. FNCB Bancorp (FNCB)
31.82% Payout Ratio
FNCB Bancorp, Inc. is the bank holding firm for FNCB Bank. It provides commercial and retail banking services to businesses, individuals, municipalities, and local governments in Northeastern Pennsylvania. Checking, saving, money market and certificate of deposit product services are offered by the company. The company also offers residential loans for 1-4 families; construction, land acquisition and development loans; industrial and commercial loans; as well as consumer loans such secured and unsecure installment loans, lines credit, overdraft protection, loans to automobiles, line of credit and credit cards. It also has lines of credit that can be used to finance your home, car, or other personal needs. The company also offers electronic statements, mobile banking and check imaging; online banking services such as bill payment and internal and externe funds transfer; purchase rewards and remote deposit capture; and wealth management through a third-party. It had 17 community offices in Wayne, Luzerne, and Lackawanna Counties as of February 16, 2021. In October 2016, the company, formerly First National Community Bancorp, Inc., changed its name and became FNCB Bancorp, Inc. FNCB Bancorp, Inc. is an American bank headquartered in Dunmore, Pennsylvania. It was established in 1910.
Earnings Per Share
As for profitability, FNCB Bancorp has a trailing twelve months EPS of $0.99.
PE Ratio
FNCB Bancorp has a trailing twelve months price to earnings ratio of 8.23. Meaning, the purchaser of the share is investing $8.23 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 14.25%.Moving Average
FNCB Bancorp is worth more than its $50-day moving mean of $7.88, and less than its $200-day moving median of $8.19.Revenue growth
The year-on-year revenue growth was 3.1%. We now have 59.03M in the 12 trailing months.