(VIANEWS) - Steelcase (SCS), Park Electrochemical Corporation (PKE), Plains Group Holdings, L.P. (PAGP) are the highest payout ratio stocks on this list.
We have congregated 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 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. Steelcase (SCS)
446.15% Payout Ratio
Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes panels, fence and beam-based furniture systems, storage products, fixed and height-adjustable desks, benches, and tables, as well as complementary products, including worktools and screens. Its seating products comprise task chairs; seating for collaborative or casual settings; and specialty seating for specific vertical markets, such as healthcare and education. The company's interior architectural products include full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, data-driven space measurement, lease origination, furniture and asset management, and hosted event services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Coalesse, Smith System, AMQ, Turnstone, Orangebox, and Designtex brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Steelcase has a trailing twelve months EPS of $0.22.
PE Ratio
Steelcase has a trailing twelve months price to earnings ratio of 35.09. Meaning, the purchaser of the share is investing $35.09 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 1.83%.Moving Average
Steelcase's worth is higher than its 50-day moving average of $7.54 and way below its 200-day moving average of $9.79.Volume
Steelcase's current reported volume is 401606, which is 52.74% lower than its average of 849929.
Yearly Top and Bottom Value
Steelcase's stock is valued at $7.72 at 07:23 EST, way below its 52-week high of $12.93 and way above its 52-week low of $6.20.
2. Park Electrochemical Corporation (PKE)
105.26% Payout Ratio
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market. It offers advanced composite materials, including film adhesives and lightning strike materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also offers specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was founded in 1954 and is based in Westbury, New York.
Earnings per Share
Park Electrochemical Corporation's trailing twelve-month EPS is $0.38.
PE Ratio
Park Electrochemical Corporation's trailing 12 months earnings to price ratio is 36.61. The purchaser of the shares is therefore investing $36.61 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 company, was 5.9%.3. Plains Group Holdings, L.P. (PAGP)
74.3% Payout Ratio
Plains GP Holdings L.P. operates and owns midstream infrastructure across the United States. The company operates in three main segments, Transportation, Facilities, Supply and Logistics. Transport is responsible for transporting crude oil and other natural gas liquids via pipelines, truck and barges, as well as gathering and processing systems. It owned or leased 18,535 miles worth of crude oil pipelines and NGL gathering systems, 35 million barrels above-ground storage capacity, 825 trailers, 50 transport and stock barges and 20 transport tugs as of December 31 2019. This segment provides storage, terminalling and throughput services for oil, NGLs and natural gas. It also offers NGL fractionation, isomerization, natural gas, and condensate processing. The segment had approximately 79,000,000 barrels of crude oil storage capacity, 34 million barrels NGL storage capacities, 63 billion cubic feet natural gas storage capacity and 25 billion cubic foot of base gas. It also owned seven natural gas processing facilities and an NGL fractionation facility. There were 30 NGL and crude oil rail terminals. Six marine facilities and over 430 miles worth of pipelines. Supply and Logistics is engaged in merchant-related activities. This includes purchase of crude oil as well as NGL, from processors and marketers, storage of NGL and gas, and the resale and transportation of crude oil and NGL. The segment had 16 million barrels and NGL fill; 4,000,000 barrels and NGL linesfill in third-party pipelines and other inventories; 760 trucks; 900 trailers; and 8000 crude oil or NGL railcars. It provides logistics services, including crude oil, NGLs and natural gas. PAA GP Holdings LLC is a general partner in the business. Plains GP Holdings L.P., was established in 2013. It is headquartered at Houston, Texas.
Earnings per Share
Plains Group Holdings L.P.'s trailing 12 months EPS is $1.07.
PE Ratio
Plains Group Holdings L.P.'s trailing 12-month price-earnings ratio is 12.04. The purchaser of the shares is therefore investing $12.04 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 10.71%.Sales Growth
Plains Group Holdings L.P. has seen a 16% and 15% increase in sales for this quarter.
Earnings before Interest, Taxes and Depreciation
Plains Group Holdings L.P. has an EBITDA of 12.17.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33%, now sitting on 57.38B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., January 29, 2023 is the date of the next dividend payment. The forward-annual dividend rate for 2020 is estimated at 1.07, and the forward-annual dividend yield is 8.3%.
4. Ames National Corporation (ATLO)
47.75% Payout Ratio
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; personal loans and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is based in Ames, Iowa.
Earnings per Share
Ames National Corporation's trailing 12 months profit per share was $2.22
PE Ratio
Ames National Corporation's trailing 12-month price-to-earnings ratio is 10.95. The purchaser of the shares is investing $10.95 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 11.61%.Revenue Growth
Year-on-year quarterly revenue growth declined by 5.5%, now sitting on 64.18M for the twelve trailing months.
5. Snap (SNA)
34.42% Payout Ratio
Snap-on Incorporated produces and markets professional tools, equipment and diagnostics for professionals worldwide. The company operates in four segments: Snap-on Tools Group and Snap-on Tools Group. It also has Repair Systems & Information Group and Financial Services. Hand tools include sockets, wrenches ratchet wrenches pliers and screwdrivers punches and drills, saws and cutting instruments, torque measuring tools and other products. Power tools such as cordless and pneumatic corded, corded, or hydraulic tools are also offered. Tool storage products consist of tool cabinets and roll cabinets. The company also offers handheld and computer-based diagnostic tools, service and repair software products, electronic parts catalogues, business management system and services, point of sale systems, integrated systems to vehicle service shops, first equipment manufacturer buying facilitation services, warranty management systems, and analytics. The company also offers services for vehicles and industrial equipment. These include vehicle alignment equipment and wheel balancers and tire changers. It also offers financing to support franchise businesses and facilitate sales. It serves companies in aviation, aerospace, construction, military, agriculture, building, power generation and technical education, along with vehicle dealers and repair centres. Snap-on Incorporated is located in Kenosha (Wisconsin) and was established in 1920.
Earnings Per Share
As for profitability, Snap has a trailing twelve months EPS of $12.45.
PE Ratio
Snap has a trailing twelve months price to earnings ratio of 18.95. Meaning, the purchaser of the share is investing $18.95 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 21.85%.Previous days news about Snap (SNA)
- According to VentureBeat on Wednesday, 18 January, "The New York Video Game Critics Circle also honored several other games, including Marvel Snap and Vampire Survivors.", "Vampire Survivors beat out Wordle and Neon White for Best Indie, while Marvel Snap won the Best Mobile award. "
6. First Capital (FCAP)
31.23% Payout Ratio
First Capital, Inc. is the bank holding firm for First Harrison Bank. It provides various banking services to both individuals and businesses. It offers a variety of deposit options, such as non-interest bearing checking account, negotiable or withdrawal accounts and money market accounts. They also offer regular savings accounts, certificates, deposit accounts and retirement savings plans. The company also offers real estate mortgage loans. These include fixed-rate or adjustable mortgage residential loans and construction loans for residential and business properties. The company also originates and sells secondary mortgage loans and non-deposit investments. It offers secured and guaranteed consumer loans including automobile, truck, car, truck, vehicle, home equity, home improvement, loan for mobile homes, loans to purchase boats, cars, or home. The company offers its services and products through 18 locations throughout Indiana and Kentucky. First Capital, Inc., was established in Corydon, Indiana in 1891.
Earnings Per Share
As for profitability, First Capital has a trailing twelve months EPS of $3.3.
PE Ratio
First Capital has a trailing twelve months price to earnings ratio of 8.32. Meaning, the purchaser of the share is investing $8.32 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 11.64%.Revenue Growth
Year-on-year quarterly revenue growth grew by 6.4%, now sitting on 38.38M for the twelve trailing months.
Moving Average
First Capital's value is way higher than its 50-day moving average of $24.78 and under its 200-day moving average of $29.02.Yearly Top and Bottom Value
First Capital's stock is valued at $27.45 at 07:24 EST, way below its 52-week high of $41.50 and way higher than its 52-week low of $22.97.
Dividend Yield
According to Morningstar, Inc., December 14, 2022 will be the next distribution. The forward dividend rate and yield are both 1.04 and 3.76%, respectively.