(VIANEWS) - Golden Ocean Group Limited (GOGL), Hennessy Advisors (HNNA), Umpqua Holdings Corporation (UMPQ) are the highest payout ratio stocks on this list.
Here's the data we've collected of stocks with a high payout ratio so far. 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. Golden Ocean Group Limited (GOGL)
79.25% Payout Ratio
Golden Ocean Group Limited is a shipping company that owns and manages a fleet dry bulk vessels, including Ultramax, Capesize and Panamax vessels. The company operates and owns dry bulk vessels on the time and spot charter markets. It transports bulk commodities such as coal, ores and fertilizers. It owned 67 dry bulk vessels as of March 18, 2021. Golden Ocean Group Limited has its headquarters in Hamilton, Bermuda.
Earnings per Share
Golden Ocean Group Limited's trailing twelve-month EPS is $-0.96.
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%.2. Hennessy Advisors (HNNA)
67.07% Payout Ratio
Hennessy Advisors, Inc., a publicly-owned investment manager, is one of its clients. The firm provides services for Hennessy Funds as well as investment companies. It manages fixed-income, equity and balanced mutual funds. The firm invests in fixed and public equity markets around the world. It invests mainly in companies with growth stocks. The firm conducts its own research in order to invest. Hennessy Advisors, Inc., was established in 1989. It is located in Novato, California, with additional offices at Boston, Massachusetts, and Chapel Hill, North Carolina.
Earnings per Share
Hennessy Advisors' trailing 12-month EPS is $0.82.
PE Ratio
Hennessy Advisors' trailing 12-month price-to-earnings ratio is 10.24. The purchaser of the shares is therefore investing $10.24 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 7.3%.3. Umpqua Holdings Corporation (UMPQ)
53.5% Payout Ratio
Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking, and retail brokerage services. It operates through four segments: Wholesale Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit. It also provides loans for corporate and commercial customers, such as accounts receivable and inventory financing, multi-family and equipment loans, commercial equipment leases, international trade, real estate construction loans, permanent financing products, and small business administration program financing, as well as capital markets and treasury management services. In addition, the company offers loan products for small businesses; commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans comprising secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. Further, it provides financial planning, treasury, and cash management services; retail brokerage and investment advisory services; digital, mobile, telephone, text, and online banking services; and e-commerce services. The company serves middle market corporate, commercial, and business banking customers; individual investors; and high net worth individuals and families. As of December 31, 2020, it conducted commercial and retail banking activities at 265 locations, including 229 store locations in Oregon, Washington, California, Idaho, and Nevada. The company was founded in 1953 and is headquartered in Portland, Oregon.
Earnings per Share
Umpqua Holdings Corporation's trailing 12 months profit per share was $1.57
PE Ratio
Umpqua Holdings Corporation's trailing 12-month price-to-earnings ratio is 11.14. The purchaser of the shares is therefore investing $11.14 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 13.31%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 22% and 35% respectively.Moving Average
Umpqua Holdings Corporation's value is below its 50-day moving average of $19.10 and under its 200-day moving average of $18.19.4. Monolithic Power Systems (MPWR)
38.79% Payout Ratio
Monolithic Power Systems, Inc. is engaged in designing, developing, marketing, selling and servicing semiconductor-based power electronic solutions for computing, storage, automotive, industrial, communication, and consumer markets. Direct current (DC), to DC integrated circuits are (ICs) used to control and convert voltages in various electronic systems such as laptops and portable devices, wireless access points, computer and notebooks and infotainment apps, medical equipment, informationtainment, audio and video, etc. The company also sells lighting control ICs that enable backlighting. These ICs are used to light up LCD panels on notebooks and monitors. It sells products via third-party distributors as well as value-added resellers. Monolithic Power Systems, Inc., was established in 1997. It is located in Kirkland, Washington.
Earnings Per Share
As for profitability, Monolithic Power Systems has a trailing twelve months EPS of $3.5.
PE Ratio
Monolithic Power Systems has a trailing twelve months price to earnings ratio of 100.54. Meaning, the purchaser of the share is investing $100.54 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 26.74%.Growth Estimates Quarters
The company's growth estimates for the ongoing quarter and the next is 48.6% and 18%, respectively.Sales Growth
Monolithic Power Systems has seen a 36.9% increase in sales for its current quarter, and 19% the following.
5. American National Bankshares (AMNB)
31.91% Payout Ratio
American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services in Virginia and North Carolina. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates 37 automated teller machines. As of December 31, 2020, it operated 26 banking offices; and one loan production offices in Roanoke, Virginia. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.
Earnings Per Share
As for profitability, American National Bankshares has a trailing twelve months EPS of $2.99.
PE Ratio
American National Bankshares has a trailing twelve months price to earnings ratio of 12.35. Meaning, the purchaser of the share is investing $12.35 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 11.36%.Growth Estimates Quarters
The company's growth estimates for the present quarter is a negative 17.1% and positive 7.1% for the next.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 31, 2022, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 3.15%.