(VIANEWS) - MiX Telematics Limited (MIXT), Dorchester Minerals, L.P. (DMLP), Home Depot (HD) are the highest payout ratio stocks on this list.
We have congregated information about stocks with the highest payout ratio at the moment. The payout ratio in itself isn't a promise of 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 are a few stocks with an above 30% percent payout ratio.
1. MiX Telematics Limited (MIXT)
93.78% Payout Ratio
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. MiX Fleet Manager Premium provides secure access to information about drivers and cars; MiX Fleet Manager Essential allows drivers to monitor drivers and their vehicles; and MiX Asset Manager is used for tracking hardware and other assets. The company also offers consumer solutions such as Matrix, which provides vehicle tracking and telematics; and Beame (a wireless device that allows vehicle recovery). The company also offers value-added services such as driver communication, collision prevention, reduction, satellite communications, track and react bureau and driver performance management. It provides driver identification solutions as well voice kits, keypads and vehicle cameras. The company offers fleet management and mobile asset management services as SaaS for 818,487 subscribers across South Africa, South America, Australia, Europe and Brazil. It was established in Boca Raton in Florida in 1996.
Earnings Per Share
As for profitability, MiX Telematics Limited has a trailing twelve months EPS of $0.28.
PE Ratio
MiX Telematics Limited has a trailing twelve months price to earnings ratio of 27.71. Meaning, the purchaser of the share is investing $27.71 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 4.98%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 17, 2022, the estimated forward annual dividend rate is 0.23 and the estimated forward annual dividend yield is 3.02%.
Sales Growth
MiX Telematics Limited's sales growth for the next quarter is negative 0.8%.
2. Dorchester Minerals, L.P. (DMLP)
81.83% Payout Ratio
Dorchester Minerals L.P. is involved in acquisition, ownership and management of non-producing and producing natural gas, crude oil royalty, net profits, leasehold interests, and other assets in the United States. The royalty properties include royalty in producing and non-producing minerals, royalties, overriding and overriding interests, located in 582 county and parishes across 26 states. Net profits interest represents net profits that exceed royalty interests in different properties of the operating partnership. Dorchester Minerals Management LP is the general partner. This company was established in 1982. It is located in Dallas, Texas.
Earnings Per Share
As for profitability, Dorchester Minerals, L.P. has a trailing twelve months EPS of $2.91.
PE Ratio
Dorchester Minerals, L.P. has a trailing twelve months price to earnings ratio of 10.22. Meaning, the purchaser of the share is investing $10.22 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 79.32%.Moving Average
Dorchester Minerals, L.P.'s value is higher than its 50-day moving average of $27.98 and way higher than its 200-day moving average of $26.23.Revenue Growth
Year-on-year quarterly revenue growth grew by 122.2%, now sitting on 138.47M for the twelve trailing months.
Yearly Top and Bottom Value
Dorchester Minerals, L.P.'s stock is valued at $29.75 at 14:23 EST, under its 52-week high of $32.61 and way higher than its 52-week low of $17.10.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Dorchester Minerals, L.P.'s EBITDA is 23.16.
3. Home Depot (HD)
43.46% Payout Ratio
Home Depot, Inc. is a retailer that sells home improvements. The Home Depot operates stores selling various building materials and home improvement products. It also sells lawn and garden supplies and decorations. The company offers services such as installation of flooring, cabinets, cabinet and makeovers, windows, central air system, central heating, and furnaces. It also offers rental of tools and equipment. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. The company also sells products online through thecompanystore.com and blinds.com. These sites allow customers to order custom-made window coverings online. The company had 2,317 retail stores as of December 31, 2021. The Home Depot, Inc., was founded in 1978 in Atlanta, Georgia.
Earnings Per Share
As for profitability, Home Depot has a trailing twelve months EPS of $11.94.
PE Ratio
Home Depot has a trailing twelve months price to earnings ratio of 23.04. Meaning, the purchaser of the share is investing $23.04 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 84712.8%.Volume
Today's last reported volume for Home Depot is 2843660 which is 18.01% below its average volume of 3468630.
Previous days news about Home Depot (HD)
- According to The Wall Street Journal on Wednesday, 19 October, "Prologis is the world's largest owner of warehouse space with a portfolio of about 1 billion square feet of industrial real estate in 19 countries and tenants that include Amazon.com Inc., FedEx Corp. and Home Depot Inc."
4. Morningstar (MORN)
33.29% Payout Ratio
Morningstar, Inc. offers independent investment research services throughout North America, Europe, Australia, Asia, and Australia. Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, and Asia. Morningstar Data is an investment database that includes equity fundamentals and managed investments. ESG factors and market data. Morningstar Direct offers investment analysis and Morningstar Managed portfolios offers advisor services. Morningstar Advisor Workstation offers web-based financial planning and research. Morningstar.com provides information for individuals. Morningstar Enterprise Components, Morningstar Credit Ratings, which provides surveillance and issuance services for structured financing products and instruments; corporate credits estimates and operational risk assessments rankings; Morningstar Indexes, which can be used to create investment products; Morningstar Workstation, which offers research and analysis tools for research and investment professionals; Morningstar Indexes, which is used for retirement accounts, fiduciary service, allocation funds and custom models. PitchBook also offers a mobile app, an excel plug-in and data feeds. It was founded in 1984 in Chicago and has its headquarters in Chicago.
Earnings Per Share
As for profitability, Morningstar has a trailing twelve months EPS of $5.9.
PE Ratio
Morningstar has a trailing twelve months price to earnings ratio of 38. Meaning, the purchaser of the share is investing $38 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 14.03%.Revenue Growth
Year-on-year quarterly revenue growth grew by 13.2%, now sitting on 1.82B for the twelve trailing months.
Previous days news about Morningstar (MORN)
- According to MarketWatch on Wednesday, 19 October, "The ETF was established in Sept, 2020, so does not yet have a Morningstar rating.", "Here's a comparison of returns for 2022 and average annual returns for various periods of the fund's Class A shares to that of the S&P 500 and its Morningstar fund category through Oct. 18:"